Active Listing  ·  5 days on market

4913 Misty Slope Ln

Austin, TX 78744
$215,000
3 Bed 2 Bath 1,352 sqft $159/sqft Built 1980 0.03 acres Pool Greenslopes Ph 01

Welcome to this inviting one-story townhome in Austin’s 78744 area! Featuring 3 bedrooms and 2 full baths, this 1,352-square-foot home offers an open and functional layout with high/vaulted ceilings and abundant natural light. The kitchen features granite countertops, stainless steel appliances and a breakfast bar that opens to the spacious living area with a cozy fireplace—perfect for everyday living or entertaining. Enjoy a private, fenced backyard with patio space and green space beyond the fence, creating a peaceful outdoor setting. With convenient access to major roads, shopping, dining and Austin amenities, this home offers comfort, flexibility and an excellent opportunity in Southeast Austin. Come see all this home has to offer!

At $159/sqft, this home is 59% 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

4913 Misty Slope Ln, Austin, TX 78744

Property Details

Price $215,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,352 sqft
Lot Size 0.03 acres (1,280.66 sqft)
Year Built 1980
Garage ,
Stories ,
Type Residential · Townhouse
Subdivision Greenslopes Ph 01
County Travis
Zip Code 78744
$/sqft $159/sqft
Days on Market ,
HOA $208/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243978652
List Date August 19, 2026
Elementary School Perez
Middle School Mendez
High School Akins
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
7051 Meadow Lake Blvd #10103
Persimmon Point
$206,000 $169 3 bd / 3 ba 1,221 sqft , 2026-02-06
5922 Little Creek Trl
Village At Pleasant Valley Sec
$195,000 $216 2 bd / 1 ba 901 sqft , 2025-11-13
6206 WAGON BEND Trl
WAGON CROSSING SEC 5
$235,000 $226 3 bd / 2 ba 1,040 sqft , 2026-08-22
6712 Ripple Run
Indian Hills Sec 04
$239,000 $230 2 bd / 2 ba 1,040 sqft , 2026-08-12
4410 Dove Springs Dr
Dove Spgs Sec 02 Ph 02
$247,777 $259 3 bd / 1 ba 955 sqft , 2026-04-22

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
$1,032/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
$43,000
20% conventional investment loan

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

Estimated Gross Rent+$1,032
Principal + Interest−$1,173
Property Tax (~2.1% TX avg)−$376
Insurance (~0.5%)−$90
Est. Monthly Cash Flow $-607

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 20, 2026.

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