Active Listing  ·  24 days on market

640 Bird Holw

Austin, TX 78737
$1,255,907
5 Bed 8 Bath 4,467 sqft $281/sqft Built 2026 0.26 acres 3.5-Car Garage Pool New Construction Parten

Under construction by Highland Homes - Ready for Move-in December! Nestled on a beautiful corner homesite near a semi cul-de-sac, this spectacular Palermo backs to a peaceful, wooded creek buffer, for added privacy. A dramatic curved staircase welcomes you into this thoughtfully designed home featuring 5 bedrooms, 5 full baths, 3 half baths, study, game room and entertainment room. The unique layout places each bedroom in its own wing, offering exceptional privacy. The spacious great room features soaring ceilings, walls of windows and sliding glass doors that open to an oversized covered patio, filling the home with natural light and creating a seamless indoor-outdoor living. The stunning Premier Farmhouse kitchen is complete with a large island, designer finishes and abundant cabinetry. Relax in the luxurious primary suite with a free-standing soaking tub, enormous walk-in showers, and a spacious walk-in closet. Built with Highland Homes award-winning craftsmanship, energy efficient design and comprehensive warranty. Still time to personalize interior finishes! Live your best life in Parten, a boutique community in Dripping Springs that blends natural beauty with everyday convenience.

At $281/sqft, this home is 28% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

640 Bird Holw, Austin, TX 78737

Property Details

Price $1,255,907
Status Active Listing
Beds 5
Full Baths 5
Half Baths 3
Living Area 4,467 sqft
Lot Size 0.26 acres (11,238.48 sqft)
Year Built 2026
Garage 3.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parten
County Hays
Zip Code 78737
$/sqft $281/sqft
Days on Market ,
HOA $225/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT239564638
List Date July 11, 2026
Elementary School Cypress Springs
Middle School Sycamore Springs
High School Dripping Springs
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 →

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 · July 11, 2026 $1,255,317
Current ask $1,255,907
Increased $590 (+0.0%) 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
4806 Richmond #2 Ave
Glenwood Square
$1,259,000 $418 4 bd / 5 ba 3,014 sqft , 2025-10-22
1600 Morning Moon Cir
McCormick Ranch On Lake Austin
$1,250,000 $242 5 bd / 5 ba 5,162 sqft , 2026-04-08
810 Crestone Stream Dr
Serene Hills Sub Ph 2E
$1,250,000 $363 5 bd / 4 ba 3,444 sqft , 2026-06-12
16213 Rockies Run Smt
Falconhead West Ph 1 Sec 2 &
$1,249,000 $277 4 bd / 4 ba 4,517 sqft , 2026-06-05
5002 Avenue H None
Highlands
$1,275,000 $422 4 bd / 3 ba 3,020 sqft , 2026-04-14

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
$6,028/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
$251,181
20% conventional investment loan

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

Estimated Gross Rent+$6,028
Principal + Interest−$6,854
Property Tax (~2.1% TX avg)−$2,198
Insurance (~0.5%)−$523
Est. Monthly Cash Flow $-3,547

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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