Active Listing  ·  88 days on market

6004 Mount Bonnell Rd

Austin, TX 78731
$1,350,000
3 Bed 3 Bath 2,934 sqft $460/sqft Built 1992 0.40 acres 2-Car Garage Pool Cat Mountain Villas Sec 02-A

Set on a nearly .40-acre lot with commanding views of the Cat Mountain Greenbelt, this beautifully updated 2,934-square-foot residence offers a rare blend of privacy, space, and exceptional outdoor living in one of Austin’s most sought-after hillside neighborhoods.

Thoughtfully oriented to the southeast, the home captures beautiful natural light and showcases its stunning surroundings from two expansive porches and an intimate back porch—perfect for morning coffee, entertaining, or relaxing while taking in the sweeping views.

Inside are three oversized bedrooms, two full baths, one half bath, a flexible office/flex space, and two generous living areas. The updated kitchen and interiors offer comfortable modern living, while the detached two-car garage provides added convenience and storage.

Just moments from the Cat Mountain HOA Clubhouse, pool, and tennis courts, this property offers the ideal combination of a large private lot, beautiful views, and easy access to coveted neighborhood amenities.

At $460/sqft, this home is priced 17% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

6004 Mount Bonnell Rd, Austin, TX 78731

Property Details

Price $1,350,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,934 sqft
Lot Size 0.40 acres (17,275.9 sqft)
Year Built 1992
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cat Mountain Villas Sec 02-A
County Travis
Zip Code 78731
$/sqft $460/sqft
Days on Market ,
HOA $63/Monthly
Annual Tax Est. $17,727.53
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237540947
List Date June 26, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
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 · June 26, 2026 $1,400,000
Current ask $1,350,000
Reduced $50,000 (-3.6%) 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
3911 Dry Creek Dr
Shinoak Valley Sec 01
$1,375,000 $647 3 bd / 3 ba 2,124 sqft , 2026-08-03
6302 Mountain Park Cv
Parkhill
$1,399,000 $533 3 bd / 3 ba 2,623 sqft , 2026-09-10
5801 Harrington Cv
Courtyard Ph 02
$1,299,000 $485 4 bd / 3 ba 2,677 sqft , 2026-08-06
7101 Sungate Dr
Highland Hills Northwest Sec 3
$1,275,000 $546 4 bd / 3 ba 2,334 sqft , 2026-09-04
5104 Beverly Hills Dr
Beverly Hill
$1,425,000 $479 4 bd / 3 ba 2,973 sqft , 2026-07-31

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
$6,480/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
$270,000
20% conventional investment loan

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

Estimated Gross Rent+$6,480
Principal + Interest−$7,368
Property Tax (~2.1% TX avg)−$2,363
Insurance (~0.5%)−$563
Est. Monthly Cash Flow $-3,814

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 →