Active Listing  ·  35 days on market

4802 Ganymede Dr

Austin, TX 78727
$464,990
4 Bed 2 Bath 1,639 sqft $284/sqft Built 1984 0.18 acres 2-Car Garage Pool Milwood Sec 11

Property will be purchased through a short sale. No HOA and less than 10 minutes away from the Domain! Jacuzzi conveys. Welcome to this charming single-story home in the highly desirable Milwood community of North Austin! Nestled in a very walkable neighborhood with various trails throughout including Walnut Creek Trail less than a mile away. Not to mention Balcones District Park being only a mile and a half away as well. Comes with granite counter tops and a perfect spot for an office in the front of the home. Offering 4 bedrooms, 2 full bathrooms, and 1,639 square feet of comfortable living space, this home provides an ideal combination of functionality, versatility, and location. Situated on an approximately 7,958-square-foot lot, there is plenty of room to enjoy the outdoors, entertain guests, or create your own private retreat. The thoughtfully designed floor plan offers four bedrooms that can easily accommodate a growing household, guest space, or hobby room. Has fans in every bedroom along with a shed in the backyard for extra storage. The single-story element adds everyday convenience and accessibility, while the established neighborhood provides the mature character and charm that make Milwood such a sought-after place to call home. Has convenient access to major roads, shopping, dining, entertainment, and the many employment centers throughout the area, this home puts you close to everything Austin has to offer.

Schedule a private showing today to experience the serene atmosphere and all of the amazing benefits this property comes with!

At $284/sqft, this home is 28% 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 Ganymede Dr, Austin, TX 78727

Property Details

Price $464,990
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,639 sqft
Lot Size 0.18 acres (7,971.48 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Milwood Sec 11
County Travis
Zip Code 78727
$/sqft $284/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,962.56
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245212202
List Date September 3, 2026
Elementary School Summitt
Middle School Murchison
High School Anderson
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.

Schedule a Call →

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
4001 Burr Oak Ln
Northwood Sec 2
$467,000 $269 4 bd / 3 ba 1,734 sqft , 2026-09-11
4901 Powder River Rd
Mesa Park Sec 01
$469,950 $397 3 bd / 2 ba 1,183 sqft , 2026-07-02
12800 Stepping Stone Cv
Northwood
$469,965 $290 3 bd / 2 ba 1,620 sqft , 2026-07-24
4817 Pelham Dr
Milwood Sec 09
$475,000 $280 3 bd / 2 ba 1,694 sqft , 2026-09-23
5143 Ganymede Dr
Milwood Sec 11
$445,000 $342 3 bd / 2 ba 1,301 sqft , 2026-04-13

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
$2,232/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
$92,998
20% conventional investment loan

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

Estimated Gross Rent+$2,232
Principal + Interest−$2,538
Property Tax (~2.1% TX avg)−$814
Insurance (~0.5%)−$194
Est. Monthly Cash Flow $-1,314

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 September 8, 2026.

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