Active Listing  ·  39 days on market

6004 Mount Bonnell Rd

Austin, TX 78731
$1,400,000
3 Bed 3 Bath 2,934 sqft $477/sqft Built 1992 0.40 acres 2-Car Garage Pool Cat Mountain Villas Sec 02-A

Set on nearly .40 acres with sweeping views of the

Cat Mountain Greenbelt, this beautifully updated 2,934-square-foot residence captures the essence of elevated Cat Mountain living. Thoughtfully designed and oriented

southeast, the home welcomes soft morning light and offers unforgettable moments on its expansive porches—perfect for sipping coffee at sunrise or unwinding as the evening glow reflects across the greenbelt.

Inside, the home features 3 oversized bedrooms,

2 full baths, 1 half bath, and a flexible

office/flex space ideal for working, creating, or retreating. Two generous living areas provide room to gather, entertain, or simply enjoy the peaceful surroundings. The updated kitchen and interiors blend comfort with modern livability, while the

detached 2-car garage adds convenience and storage.

With two large porches and an additional intimate back porch, the home offers multiple vantage points to take in the natural beauty that defines this property. Privacy, views, and thoughtful design come

together to create a rare opportunity in one of Austin’s most beloved hillside neighborhoods, only steps from the recreation provided by the Cat Mountain Clubhouse.

At $477/sqft, this home is priced 22% above the Austin active market average of $391/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 $1,400,000
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 $477/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.

Schedule a Call →

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
1804 Ullrich Ave
Sun Set Terrace
$1,400,000 $560 4 bd / 3 ba 2,500 sqft , 2026-03-18
1205 Norwalk Ln #D
Quarry Oaks Condo
$1,400,000 $510 3 bd / 3 ba 2,747 sqft , 2026-04-13
10904 Rawhide Trl
n/a
$1,400,000 $464 4 bd / 3 ba 3,014 sqft , 2026-04-14
3910 McNeil Dr
Oak Crest
$1,400,000 $485 4 bd / 3 ba 2,889 sqft , 2026-06-04
6602 Wolfcreek Pass
Wedgewood Sec 01
$1,400,000 $616 3 bd / 2 ba 2,271 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
$6,720/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
$280,000
20% conventional investment loan

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

Estimated Gross Rent+$6,720
Principal + Interest−$7,640
Property Tax (~2.1% TX avg)−$2,450
Insurance (~0.5%)−$583
Est. Monthly Cash Flow $-3,953

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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