Active Listing  ·  35 days on market

4907 Majestic Dr #1

Austin, TX 78745
$729,000
3 Bed 3 Bath 1,772 sqft $411/sqft Built 2026 0.22 acres 1-Car Garage Pool New Construction Park Forest Sec 06

Rates as low as 5.375% - Ask me how! Introducing “The Entertainer” at The Majestic Residences, a striking expression of modern South Austin living where thoughtful design, effortless comfort, and the art of gathering come together. Part of an exclusive collection of three distinctive new residences, this beautifully crafted home offers 1,772 square feet of refined living, with 3 bedrooms, 2.5 baths, and a one-car garage. Designed for those who love to bring people together, its inviting interiors and open-concept living spaces create a natural flow for everything from relaxed evenings at home to memorable weekends with friends. Elevated finishes, custom details, and a fresh contemporary aesthetic lend a sense of understated luxury, while modern conveniences—including EV-ready capability—are thoughtfully integrated for the way you live today and tomorrow. The private fenced yard extends the living experience outdoors, creating an ideal setting for dining al fresco, unwinding, or entertaining beneath the Austin sky. Imagine slow mornings with coffee, impromptu dinners that linger into the evening, and weekends spent exploring the neighborhood before returning to your own private retreat. Ideally situated in the heart of South Austin, The Majestic Residences places you moments from beloved local favorites like Radio Coffee, Loro, and Matt’s El Rancho, with convenient access to downtown, neighborhood dining, and the unmistakable energy that makes Austin so unique. Whether hosting your next dinner party, enjoying a quiet morning outdoors, or embracing the vibrant local scene just beyond your door, The Entertainer offers a distinctive opportunity to live beautifully, connect effortlessly, and experience South Austin at its best.

At $411/sqft, this home is priced 5% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

4907 Majestic Dr #1, Austin, TX 78745

Property Details

Price $729,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,772 sqft
Lot Size 0.22 acres (9,574.49 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Park Forest Sec 06
County Travis
Zip Code 78745
$/sqft $411/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,361.61
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT247503769
List Date October 8, 2026
Elementary School Joslin
Middle School Covington
High School Crockett
School District Austin ISD

Austin ISD

Joslin · Covington · Crockett

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
3604 Marcae Ct #1
3604 Marcae Condos
$725,000 $395 3 bd / 3 ba 1,834 sqft , 2026-08-05
4101 Menchaca Rd #205
4101 Menchaca
$749,000 $414 3 bd / 4 ba 1,809 sqft , 2026-05-13
4101 Menchaca Rd #203
4101 Menchaca
$699,000 $386 3 bd / 4 ba 1,809 sqft , 2026-09-16
901 Saint Elmo Cir
Hilltop Add
$695,000 $499 3 bd / 3 ba 1,392 sqft , 2026-10-08
4101 Menchaca Rd #104
4101 Menchaca
$685,000 $398 3 bd / 4 ba 1,723 sqft , 2026-07-14

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
$3,499/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
$145,800
20% conventional investment loan

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

Estimated Gross Rent+$3,499
Principal + Interest−$3,978
Property Tax (assumed ~2.1%)−$1,276
Insurance (assumed ~0.5%)−$304
Est. Monthly Cash Flow $-2,059

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 8, 2026.

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

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