Active Listing  ·  69 days on market

4803 Peach Grove Rd

Austin, TX 78744
$235,000
3 Bed 2 Bath 1,541 sqft $152/sqft Built 1984 0.13 acres 2-Car Garage Pool Williamson Creek Sec 01-A

If your buyer has - according to mortgage broker - above average credit & above average debt to income ratios, an FHA 203(K) may be a good option for getting the needed repairs done on this home. See the attached flyer for further details or check with your bank or mortgage loan officer

Please note that this home is only available as a cash or conventional deal, it is being sold as is and will not go FHA or VA, unless it is an FHA 203K loan . The home was recently renovated so the interior looks awesome. However, there are some issues that have now developed and the buyer will have to take that into account when submitting an offer. Home sits on a unique lot that backs to a dry creek/drainage area so the seller has built a large deck that overlooks this green area. It makes for a great outdoor entertaining area that brings the outdoors in to the home. This then gives the home a more spacious feel. Home has new flooring, new cabinetry, new granite counter tops, new lighting and plumbing fixtures & fresh paint. Tub has been taken out & replaced with a very nice walk in shower.

At $152/sqft, this home is 61% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4803 Peach Grove Rd, Austin, TX 78744

Property Details

Price $235,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,541 sqft
Lot Size 0.13 acres (5,806.55 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Williamson Creek Sec 01-A
County Travis
Zip Code 78744
$/sqft $152/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,334.23
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231566844
List Date May 27, 2026
Elementary School Smith
Middle School Ojeda
High School Del Valle
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
6810 Deatonhill Dr #1100
Deatonhill Condo Amd
$235,000 $221 2 bd / 2 ba 1,064 sqft , 2026-03-05
8340 Fathom Cir #101
Arbor Village Condo
$234,900 $178 2 bd / 2 ba 1,316 sqft , 2026-07-23
1617 W Braker Ln #B
Gracy Meadow Condo Amd
$236,900 $198 3 bd / 2 ba 1,195 sqft , 2026-05-26
4529 Best Way
Chaparral Crossing Condo Amd
$239,500 $184 3 bd / 3 ba 1,300 sqft , 2026-06-24
2632 Century Park Blvd #60
Century Park Condo
$239,900 $177 2 bd / 3 ba 1,358 sqft , 2026-02-01

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
$1,128/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
$47,000
20% conventional investment loan

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

Estimated Gross Rent+$1,128
Principal + Interest−$1,282
Property Tax (~2.1% TX avg)−$411
Insurance (~0.5%)−$98
Est. Monthly Cash Flow $-663

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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