Active Listing  ·  271 days on market

4803 Philco Dr

Austin, TX 78745
$850,000
3 Bed 3 Bath 2,463 sqft $345/sqft Built 2025 0.16 acres 2-Car Garage Pool New Construction Park Forest Sec 01

Don’t miss your chance to see 4803 Philco — a stunning new construction home designed for today’s lifestyle. This thoughtfully crafted residence features 3 generous bedrooms, 2.5 bathrooms, and an open floor plan that blends style and functionality. The gourmet kitchen shines with premium appliances, elegant finishes, and plenty of space for cooking and gathering. The light-filled living area flows effortlessly for entertaining or relaxing at home. Retreat to the primary suite, complete with a spacious walk-in closet and a spa-inspired bathroom showcasing a soaking tub and beautiful tile work. With modern energy-efficient systems, a sizable private backyard, 2-car garage, and exceptional curb appeal, this home is ready for you to move right in and make it your own.

**** As of February 2026, an enclosed 2-car garage was added to the home. Photos of exterior have not been updated yet in MLS. There will no longer be a carport.

At $345/sqft, this home is 12% 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 Philco Dr, Austin, TX 78745

Property Details

Price $850,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,463 sqft
Lot Size 0.16 acres (7,056.72 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Park Forest Sec 01
County Travis
Zip Code 78745
$/sqft $345/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,855.99
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT210905496
List Date November 6, 2025
Elementary School Joslin
Middle School Covington
High School Crockett
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 · November 6, 2025 $1,095,000
Previous ask $895,000
Current ask $850,000
Reduced $245,000 (-22.4%) 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
7716 Waldon Dr
Lakewood Sec 05-B
$850,000 $420 3 bd / 3 ba 2,025 sqft , 2026-03-05
3302 Goodwin Ave #A
GOODWIN
$850,000 $391 3 bd / 3 ba 2,172 sqft , 2026-04-11
4101 Menchaca Rd #205
4101 Menchaca
$850,000 $470 3 bd / 4 ba 1,809 sqft , 2026-05-13
9803 Ribelin Ranch Ct #6
Vue/2222 Condos
$850,000 $358 4 bd / 4 ba 2,377 sqft , 2026-06-12
100 W Odell St #1
Bills Add Sec 01
$850,000 $408 3 bd / 4 ba 2,084 sqft , 2026-06-20

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
$4,080/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
$170,000
20% conventional investment loan

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

Estimated Gross Rent+$4,080
Principal + Interest−$4,639
Property Tax (~2.1% TX avg)−$1,488
Insurance (~0.5%)−$354
Est. Monthly Cash Flow $-2,401

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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