Active Listing  ·  39 days on market

4802 Carsonhill Dr

Austin, TX 78723
$445,000
3 Bed 2 Bath 1,410 sqft $316/sqft Built 1972 0.17 acres 2-Car Garage Pool Crest Hills Sec 01

Remodeled home only four miles from downtown. An open family room features vaulted ceilings, a brick fireplace, and wood-look flooring. A beautiful kitchen features quartz countertops, a tile backsplash, a Thor oven and stainless steel appliances, and ceiling-height cabinets, as well as an island that anchors the area and provides additional counter and eating space. The primary bedroom offers double closets, and the primary bathroom is accented with off-floor cabinets and a glass shower with a rainshower head. Upgrades include new Anderson windows, hardiplank siding, and a Nest smart thermostat. Two patios in the large fenced backyard provide extra space for relaxation and activities.

At $316/sqft, this home is 19% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4802 Carsonhill Dr, Austin, TX 78723

Property Details

Price $445,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,410 sqft
Lot Size 0.17 acres (7,540.24 sqft)
Year Built 1972
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crest Hills Sec 01
County Travis
Zip Code 78723
$/sqft $316/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,975.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238817170
List Date July 14, 2026
Elementary School Pecan Springs
Middle School Martin
High School Northeast Early College
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 14, 2026 $455,000
Current ask $445,000
Reduced $10,000 (-2.2%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
4127 E 12th St #3
The Sexton at Springdale
$446,500 $297 3 bd / 3 ba 1,504 sqft , 2025-06-06
3108 E 51st St #601
The Grove Condominiums
$440,800 $288 2 bd / 3 ba 1,529 sqft , 2026-02-19
1719 Meander Dr
Oak Lawn Sec 02
$449,500 $450 3 bd / 1 ba 1,000 sqft , 2026-02-07
4707 Leslie Ave #A
CEDAR VALLEY
$449,900 $265 3 bd / 3 ba 1,699 sqft , 2026-04-06
1301 Webberville Rd #2
1301 Webberville Road Condos
$450,000 $322 2 bd / 3 ba 1,399 sqft , 2026-05-06

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,136/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$89,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,136
Principal + Interest−$2,429
Property Tax (~2.1% TX avg)−$779
Insurance (~0.5%)−$185
Est. Monthly Cash Flow $-1,257

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 20, 2026.

📞 (254) 718-2567 [email protected] More about Luke →