Active Listing  ·  137 days on market

4805 Louis Ave

Austin, TX 78721
$575,000
4 Bed 2 Bath 1,648 sqft $349/sqft Built 2003 0.16 acres 1-Car Garage Pool Eastfield

Welcome to 4805 Louis Ave in the heart of vibrant East Austin, where comfort, flexibility, and location come together. This thoughtfully updated single-story home features 4 spacious bedrooms, 2 full bathrooms, and 1,648 square feet of well-designed living space ideal for both everyday living and entertaining. Inside, you’ll find a clean, modern feel with recent flooring throughout—completely carpet-free—along with fresh interior and exterior paint that gives the home a bright, move-in-ready appeal. The kitchen and living areas flow seamlessly, creating a functional layout that adapts to a variety of lifestyles.

Recent upgrades, including a newer roof and stylish new bathroom vanities, provide added value and peace of mind. Situated on a generous 6,969 square foot lot, the property offers ample outdoor space for relaxing, gardening, or future enhancements. Zoned SF-3, it also presents exciting potential for expansion or additional improvements, giving buyers room to grow and customize (buyer to verify).

Located just minutes from East Austin’s popular shopping, dining, and entertainment options, this home offers the perfect balance of neighborhood charm and urban convenience. With easy access to major roadways, commuting around the city is simple and efficient. Whether you're looking for a primary residence or an investment opportunity, this property delivers both versatility and long-term potential.

At $349/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

4805 Louis Ave, Austin, TX 78721

Property Details

Price $575,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,648 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 2003
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Eastfield
County Travis
Zip Code 78721
$/sqft $349/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,018.72
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222712901
List Date March 20, 2026
Elementary School Sims
Middle School Garcia
High School Northeast Early College
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 →

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 · March 20, 2026 $650,000
Previous ask $595,000
Current ask $575,000
Reduced $75,000 (-11.5%) 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
1114 Richardine Ave
Brooksdale
$575,000 $343 3 bd / 2 ba 1,677 sqft , 2026-03-07
7800 Southwest Pkwy Pkwy #2020
Escondera Condominiums
$575,000 $269 3 bd / 2 ba 2,135 sqft , 2026-01-09
8921 Corran Ferry Dr
Sendera Sec 16
$575,000 $296 4 bd / 3 ba 1,945 sqft , 2026-05-14
6414 Kenilworth Dr
Windsor Park 02 Sec 01
$575,000 $312 4 bd / 3 ba 1,843 sqft , 2026-04-14
3112 Crosscreek Dr
Allandale Estates Sec 01
$575,000 $425 3 bd / 2 ba 1,352 sqft , 2026-05-21

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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →