Active Listing  ·  19 days on market

4900 Eastdale Dr

Austin, TX 78723
$415,000
3 Bed 2 Bath 1,511 sqft $275/sqft Built 1964 0.21 acres 1-Car Garage Pool Springdale Hills

Mid-century charm meets East Austin living just under 5 miles from Downtown Austin! Thoughtfully updated while maintaining its character, this move-in ready home features a long list of improvements, including a new roof (2018), updated windows, fully renovated kitchen (2017), HVAC condenser, air handler and furnace (2022), tankless water heater (2024), and a beautifully remodeled primary ensuite half bath (2024). Investors will appreciate the proven recent rental history, while homeowners will love the spacious layout and modern updates. Situated on a generous 0.21-acre city lot, the property offers exceptional outdoor living with a majestic front-yard oak tree and a large, private backyard complete with a concrete patio that's perfect for entertaining. One-car garage for compact car or extra storage/workshop. Inside, natural light fills the open living spaces, highlighting the wood flooring and fresh interior paint. Two generously sized secondary bedrooms provide flexibility for guests, family, or a home office, while the second living area gives everyone room to spread out. Tucked away on a quiet street in a prime East Austin location, you'll enjoy quick access to MLK Boulevard, Highway 183, and Downtown Austin. Nearby favorites include Hank's, Palomino Coffee, Pollos Asados El Norteño, and MOD Pizza. Outdoor recreation and entertainment are just minutes away at Mueller, Morris Williams Golf Course, Little Walnut Creek Greenbelt, and Springdale Neighborhood Park.

At $275/sqft, this home is 30% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

4900 Eastdale Dr, Austin, TX 78723

Property Details

Price $415,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths 1
Living Area 1,511 sqft
Lot Size 0.21 acres (8,947.22 sqft)
Year Built 1964
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Springdale Hills
County Travis
Zip Code 78723
$/sqft $275/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,041.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242179495
List Date August 3, 2026
Elementary School Pecan Springs
Middle School Bertha Sadler Means
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.

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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
5005 Lott Ave #2
Masonfield
$419,000 $387 2 bd / 2 ba 1,084 sqft , 2026-07-02
5205 Stone Gate Dr
Stone Gate
$410,000 $219 3 bd / 2 ba 1,870 sqft , 2026-06-26
5503 Basswood Ln
Preswyck Hills Sec 04
$420,000 $297 3 bd / 2 ba 1,415 sqft , 2026-05-16
4806 Carsonhill Dr
Crest Hills Sec 01
$399,000 $261 3 bd / 2 ba 1,527 sqft , 2026-08-05
4508 Craigwood Dr
Craigwood
$395,000 $283 3 bd / 2 ba 1,394 sqft , 2026-07-29

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
$1,992/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
$83,000
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,265
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,172

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 13, 2026.

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