Active Listing  ·  12 days on market

6302 Mountain Park Cv

Austin, TX 78731
$1,399,000
3 Bed 3 Bath 2,623 sqft $533/sqft Built 1984 0.47 acres 2-Car Garage Pool Parkhill

The backyard is where this nearly half-acre property sets itself apart. Designed to be used throughout the year, the outdoor spaces include a pool and spa, outdoor kitchen, fire pit, patio and hardscape areas surrounded by mature landscaping, with landscape lighting extending the setting into the evening. There is room to gather around the pool in summer, cook and dine outside, or shift to the fire pit when the weather cools, all on a 0.471-acre lot tucked into a cul-de-sac. Inside, the 2,623-square-foot home offers 3 bedrooms and 3 full baths with multiple living and dining areas that provide flexibility beyond the main gathering spaces. Wood floors, high ceilings, a gas-log fireplace, wet bar and French doors add character to the interior, while the covered patio creates another connection to the outdoor living areas. Significant improvements include a new roof in July 2024, Pella windows and doors in 2022, upstairs and downstairs AC units replaced in 2017, a 2025 water heater, 2023 garage door and 2021 property fence. The pool, spa and outdoor kitchen were added in 2014, followed by the rock garden, hardscape path, fire pit and patio in 2016. Two storage sheds provide additional utility without giving up garage space. With no HOA, this Mountain Park Cove property combines an established Northwest Austin home with an outdoor environment that has been thoughtfully developed over time.

At $533/sqft, this home is priced 36% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

6302 Mountain Park Cv, Austin, TX 78731

Property Details

Price $1,399,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,623 sqft
Lot Size 0.47 acres (20,525.47 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkhill
County Travis
Zip Code 78731
$/sqft $533/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $23,855.1
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245522552
List Date September 10, 2026
Elementary School Doss (Austin ISD)
Middle School Murchison
High School Anderson
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
6004 Mount Bonnell Rd
Cat Mountain Villas Sec 02-A
$1,350,000 $460 3 bd / 3 ba 2,934 sqft , 2026-06-26
5801 Harrington Cv
Courtyard Ph 02
$1,299,000 $485 4 bd / 3 ba 2,677 sqft , 2026-08-06
5105 N Rim Dr
Vista West
$1,295,000 $480 4 bd / 3 ba 2,698 sqft , 2026-06-02
5803 Harrington Cv
Courtyard Ph 02
$1,199,900 $458 3 bd / 3 ba 2,619 sqft , 2026-09-02
4324 Far West Blvd
Meadow Mountain 03
$1,175,000 $390 4 bd / 3 ba 3,013 sqft , 2024-12-06

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
$6,715/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
$279,800
20% conventional investment loan

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

Estimated Gross Rent+$6,715
Principal + Interest−$7,635
Property Tax (~2.1% TX avg)−$2,448
Insurance (~0.5%)−$583
Est. Monthly Cash Flow $-3,951

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 September 17, 2026.

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