Active Listing  ·  6 days on market

4805 Crest Oak Rd

Austin, TX 78744
$279,000
3 Bed 2 Bath 1,169 sqft $239/sqft Built 1983 0.14 acres Pool Williamson Creek Sec 01-A

Thoughtfully updated and full of functional living space, this single-story Southeast Austin home offers a unique combination of comfort, flexibility, and convenience. The attached two-car garage has been converted into finished bonus living space with insulation, windows, ceiling fan, built-in storage, and private exterior access, while a covered four-car carport provides ample parking. Additional seller improvements include solar panels, replaced roof, updated HVAC systems, remodeled bathrooms, kitchen updates, ceramic tile flooring, crown molding, French doors, and an expanded covered rear deck with built-in bar and entertaining space. Mature trees, a privacy-fenced backyard, and a storage shed add to the outdoor appeal. Conveniently located with access to major roadways and Downtown Austin.

At $239/sqft, this home is 39% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4805 Crest Oak Rd, Austin, TX 78744

Property Details

Price $279,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,169 sqft
Lot Size 0.14 acres (5,880.6 sqft)
Year Built 1983
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Williamson Creek Sec 01-A
County Travis
Zip Code 78744
$/sqft $239/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,815.36
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242625139
List Date August 8, 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.

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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
4159 Steck Ave #225
Mesa Village Condo Amd
$279,000 $266 2 bd / 2 ba 1,048 sqft , 2026-07-30
8330 Fathom Cir #701
Concord Village Condo Sonesta West Sec 01A B
$279,500 $195 2 bd / 2 ba 1,432 sqft , 2026-05-15
3815 Guadalupe None #207
Avenel At Hyde Park Condo
$279,900 $335 2 bd / 1 ba 836 sqft , 2025-02-04
2918 Ranch Road 620 None N #X-205
Villas On Travis Condo Amd
$279,900 $232 2 bd / 2 ba 1,204 sqft , 2026-02-13
9015 Cattle Baron Path #1605
AVI GOODNIGHT TOWNHOME CONDOMINIUMS
$279,900 $187 3 bd / 3 ba 1,493 sqft , 2026-05-30

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
$1,339/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
$55,800
20% conventional investment loan

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

Estimated Gross Rent+$1,339
Principal + Interest−$1,523
Property Tax (~2.1% TX avg)−$488
Insurance (~0.5%)−$116
Est. Monthly Cash Flow $-788

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 10, 2026.

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