About This Home

Offered BELOW lot value, this property presents an exceptional opportunity to reimagine and revitalize a home in a highly desirable Central Austin setting. Whether you choose to restore its original charm or build new, the possibilities are truly exciting. Set on a generous 0.208 acre lot, the home is ideally located near Rosedale, Highland Park, and Shoal Creek. Inside, you will find original character, including hardwood floors and an open kitchen layout ready for your vision. Enjoy convenient access to shopping, downtown, and The Domain, all while embracing the vibrant lifestyle that Central Austin has to offer.

At $394/sqft, this home is priced in line with the Austin market average of $391/sqft across 4,642 active listings. View Austin market report →

Location

4809 Westfield Dr, Austin, TX 78731

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Property Details

Price $520,000

Status Active Listing

Beds 3

Full Baths 1

Half Baths 1

Living Area 1,320 sqft

Lot Size 0.21 acres (9,043.06 sqft)

Year Built 1953

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Highland Village Sec 02 Pt 02

County Travis

Zip Code 78731

$/sqft $394/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $14,784.36

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT241077469

List Date July 24, 2026

Elementary School Highland Park

Middle School Lamar (Austin ISD)

High School McCallum

School District ,

Have Questions About This Property?

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

200 W 56th St #8103
Koenig Townhomes $519,999 $341 3 bd / 3 ba 1,525 sqft , 2026-05-11

200 W 56th St #8102
Koenig Townhomes $519,999 $341 3 bd / 3 ba 1,525 sqft , 2026-05-11

1113 Lawson Ln
Rosewood Village $519,000 $510 3 bd / 2 ba 1,018 sqft , 2026-06-21

1406 Camelot Cir #2
Greenwood Forest Sec 02 $519,000 $457 3 bd / 2 ba 1,136 sqft , 2026-06-25

10305 Button Quail Cv
Quail Creek West Ph 02 Sec 10 $519,000 $353 4 bd / 2 ba 1,470 sqft , 2026-07-28

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

$2,496/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

$104,000

20% conventional investment loan

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

Estimated Gross Rent+$2,496

Principal + Interest−$2,838

Property Tax (~2.1% TX avg)−$910

Insurance (~0.5%)−$217

Est. Monthly Cash Flow $-1,469

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

4809 Westfield Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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