Active Listing  ·  23 days on market

4805 Sara Dr None #A

Austin, TX 78721
$535,000
3 Bed 3 Bath 1,510 sqft $354/sqft Built 2023 0.16 acres Pool Pecan Valley

Contemporary Sophistication in the Heart of East Austin

Striking architecture, refined interiors, and an exceptional location come together in this beautifully designed 2023 residence. Offering a fresh perspective on modern Austin living, this thoughtfully crafted home pairs clean architectural lines with warm, natural finishes and an effortless sense of style. Expansive windows fill the interiors with natural light, while the open-concept floor plan creates an inviting flow between the living, dining, and kitchen spaces, equally suited to intimate evenings and lively gatherings.

The beautifully appointed kitchen is a centerpiece of the home, featuring sleek cabinetry, elegant quartz countertops, and contemporary finishes that balance sophistication with everyday functionality. Polished concrete floors lend an architectural edge to the main level, while warm wood plank flooring upstairs introduces richness and texture. Designer tile, modern fixtures, and beautifully finished bathrooms with quartz countertops and wood cabinetry carry a cohesive, elevated aesthetic throughout. Every detail feels intentional, creating interiors that are as comfortable as they are visually compelling.

The living experience extends outdoors to a private backyard and covered patio, an inviting setting for dining, weekend gatherings, or unwinding. The outdoor space also offers wonderful potential to create a personalized garden or lounge area.

Located less than three miles from Mueller and approximately four miles from Downtown Austin, this home offers easy access to an incredible collection of restaurants, coffee shops, boutiques, parks, and entertainment. Enjoy the energy and creativity of East Austin while returning home to a beautifully considered contemporary retreat.

Architecturally distinctive, effortlessly livable, and exceptionally located, this home captures the appeal of modern Austin living with a refined sense of style.

At $354/sqft, this home is 9% 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 Sara Dr None #A, Austin, TX 78721

Property Details

Price $535,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,510 sqft
Lot Size 0.16 acres (6,899.9 sqft)
Year Built 2023
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Pecan Valley
County Travis
Zip Code 78721
$/sqft $354/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,291
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249930018
List Date October 20, 2026
Elementary School Ortega
Middle School Martin
High School Eastside Early College
School District Austin ISD

Austin ISD

Ortega · Martin · Eastside Early College

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
1121 Walton Ln #B
WALTON CONDOMINIUMS
$532,000 $303 3 bd / 3 ba 1,754 sqft , 2026-08-25
1141 Berger St #A
1141 Berger Condos
$539,500 $328 4 bd / 2 ba 1,644 sqft , 2026-03-20
5116 Heflin Ln #2
Lincoln Gardens
$525,000 $328 4 bd / 3 ba 1,599 sqft , 2026-07-13
4901 Lott Ave
Eastfield
$525,000 $405 2 bd / 3 ba 1,296 sqft , 2026-09-30
4707 Reyes St #2
Chernosky 07
$524,555 $473 2 bd / 3 ba 1,108 sqft , 2026-08-31

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
$2,568/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
$107,000
20% conventional investment loan

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

Estimated Gross Rent+$2,568
Principal + Interest−$2,920
Property Tax (assumed ~2.1%)−$936
Insurance (assumed ~0.5%)−$223
Est. Monthly Cash Flow $-1,511

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 · 41 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. The written content was last updated on November 3, 2026.

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

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