Active Listing  ·  210 days on market

4912 Cabob St

Austin, TX 78744
$249,990
3 Bed 2 Bath 1,254 sqft $199/sqft Built 1979 0.16 acres 2-Car Garage Pool South Highlands Amd

Discover a hidden gem that perfectly balances privacy with unbeatable convenience. This charming detached home, built in 1979, feels like a private retreat thanks to a bamboo barrier and a spacious backyard that offers a quiet escape from the city. This home has been tastefully updated with major big-ticket renovations completed in late 2025 and early 2026. The property features a total roof replacement and a total home repaint, giving it fresh curb appeal and peace of mind. Inside, you will find durable laminate flooring installed late last year and absolutely no carpet throughout the home. The mechanical systems have also been overhauled, including a brand new water heater installed in January 2026 and a complete duct replacement with new solar screens, air vents, and intake grates completed in December 2024 to ensure energy efficiency. The interior boasts vaulted ceilings and a functional kitchen equipped with stainless steel appliances, including a gas range with double oven, dishwasher, and refrigerator. The bathrooms have been refreshed with tub resurfacing and refinishing in both baths, a new toilet, and granite countertops in the master suite. Additional practical upgrades include a 50 Amp box installation ready for a generator. Location is paramount, and this home delivers. Situated just minutes from the airport and downtown Austin, you are also close to HEB and major commuter routes. Outdoor enthusiasts will love being near McKinney Falls State Park, Onion Creek Park, and the George Morales Center for hiking and walking. Golfers are minutes away from Jimmy Clay and Roy Kizer golf courses, as well as the Met disc golf course.

At $199/sqft, this home is 49% 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

4912 Cabob St, Austin, TX 78744

Property Details

Price $249,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,254 sqft
Lot Size 0.16 acres (7,065.43 sqft)
Year Built 1979
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision South Highlands Amd
County Travis
Zip Code 78744
$/sqft $199/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,492.68
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217479661
List Date January 26, 2026
Elementary School Widen
Middle School Mendez
High School Crockett
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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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 · January 26, 2026 $285,000
Current ask $249,990
Reduced $35,010 (-12.3%) 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
4410 Dove Springs Dr
Dove Spgs Sec 02 Ph 02
$247,777 $259 3 bd / 1 ba 955 sqft , 2026-04-22
5105 Palo Blanco Ln
Peppertree Park Sec 02
$245,950 $239 4 bd / 2 ba 1,027 sqft , 2025-11-28
2412 E Stassney Ln
Peppertree Park Sec 03
$255,000 $250 3 bd / 2 ba 1,022 sqft , 2026-04-10
6712 Ripple Run
Indian Hills Sec 04
$239,000 $230 2 bd / 2 ba 1,040 sqft , 2026-08-12
4803 Peach Grove Rd
Williamson Creek Sec 01-A
$235,000 $152 3 bd / 2 ba 1,541 sqft , 2026-05-27

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
$1,200/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
$49,998
20% conventional investment loan

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

Estimated Gross Rent+$1,200
Principal + Interest−$1,364
Property Tax (~2.1% TX avg)−$437
Insurance (~0.5%)−$104
Est. Monthly Cash Flow $-705

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 22, 2026.

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