Active Listing  ·  187 days on market

4804 Westfield Dr

Austin, TX 78731
$675,000
3 Bed 2 Bath 1,938 sqft $348/sqft Built 1954 0.23 acres 1-Car Garage Pool Highland Village Sec 02 Pt 02

Nestled in the heart of Central Austin’s sought-after Highland Village, this beautifully remodeled 3-bedroom, 2-bath home sits on a generous .23-acre lot and offers the perfect blend of traditional style, comfort, and location. From the moment you arrive, the home’s charming curb appeal sets the tone, inviting you inside to thoughtfully updated interiors designed for upscale living. Light-filled spaces, tasteful finishes, and a functional floor plan make everyday living and entertaining effortless. Ideally located in 78731, you’re just minutes from top dining, shopping, parks, and major thoroughfares—making this home as convenient as it is charming. A rare opportunity to own a move-in-ready home in one of Austin’s most desirable neighborhoods.

At $348/sqft, this home is 11% 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

4804 Westfield Dr, Austin, TX 78731

Property Details

Price $675,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,938 sqft
Lot Size 0.23 acres (10,149.48 sqft)
Year Built 1954
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Village Sec 02 Pt 02
County Travis
Zip Code 78731
$/sqft $348/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217115624
List Date January 29, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
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
4608 Frontier Trl
Western Trails Sec 01
$675,000 $322 4 bd / 2 ba 2,094 sqft , 2025-11-03
3000 Neal St
Villa Govalle
$675,000 $324 4 bd / 4 ba 2,083 sqft , 2026-03-24
7702 Wynne Ln
Brownleaf Estates
$675,000 $374 4 bd / 2 ba 1,803 sqft , 2026-02-18
2902 Dover Pl
Allandale Terrace Sec 03
$675,000 $386 3 bd / 2 ba 1,748 sqft , 2026-04-01
400 W 51st St #A
400 & 402 West 51st Street Con
$675,000 $445 3 bd / 3 ba 1,516 sqft , 2026-05-11

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
$3,240/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
$135,000
20% conventional investment loan

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

Estimated Gross Rent+$3,240
Principal + Interest−$3,684
Property Tax (~2.1% TX avg)−$1,181
Insurance (~0.5%)−$281
Est. Monthly Cash Flow $-1,906

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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