Active Listing  ·  69 days on market

7101 Sungate Dr

Austin, TX 78731
$1,199,000
4 Bed 3 Bath 2,334 sqft $514/sqft Built 1967 0.28 acres 2-Car Garage Pool Highland Hills Northwest Sec 3

Privacy fencing and oaks over 40 feet tall shield this 0.28-acre corner lot in Northwest Hills. Behind the fence, a deep, level, fully fenced yard with a gate surrounds a flagstone patio and a glass-panel greenhouse that opens straight to the lawn. Inside, 2,334 square feet on one level hold four bedrooms and 2.5 baths, with more than $62,000 in recent improvements.

The kitchen opens to the dining room and great room. Skylights light a center island topped with Silestone. A professional gas range sits under a custom hood, with stainless appliances and a designer tile backsplash. A stone fireplace anchors the living space.

The primary suite has a custom walk-in closet system and a Carrera marble bath with a soaking tub, frameless glass shower, and dual vanity. Three more bedrooms share two updated baths, with the possibility of a fifth bedroom.

Metal roof. Detached two-car garage. No HOA. Central location close to the Domain and downtown.

At $514/sqft, this home is priced 32% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

7101 Sungate Dr, Austin, TX 78731

Property Details

Price $1,199,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,334 sqft
Lot Size 0.28 acres (12,209.87 sqft)
Year Built 1967
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Hills Northwest Sec 3
County Travis
Zip Code 78731
$/sqft $514/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $22,168.22
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245537340
List Date September 4, 2026
Elementary School Doss (Austin ISD)
Middle School Murchison
High School Anderson
School District Austin ISD

Austin ISD

Doss (Austin ISD) · Murchison · Anderson

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 · September 4, 2026 $1,275,000
Current ask $1,199,000
▼ Reduced $76,000 (-6.0%) 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
3902 Knollwood Dr #A
Knollwood
$1,225,000 $454 4 bd / 2 ba 2,696 sqft , 2026-08-16
4324 Far West Blvd
Meadow Mountain 03
$1,125,000 $373 4 bd / 3 ba 3,013 sqft , 2024-12-06
3911 Dry Creek Dr
Shinoak Valley Sec 01
$1,285,000 $605 3 bd / 3 ba 2,124 sqft , 2026-08-03
7103 Running Rope None
Highland Hills Northwest Sec 02
$1,295,000 $587 4 bd / 3 ba 2,206 sqft , 2026-11-03
7305 Waterline Rd
Northwest Hills Mesa Oaks Ph
$1,095,000 $427 4 bd / 3 ba 2,565 sqft , 2026-11-05

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
$5,755/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
$239,800
20% conventional investment loan

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

Estimated Gross Rent+$5,755
Principal + Interest−$6,543
Property Tax (assumed ~2.1%)−$2,098
Insurance (assumed ~0.5%)−$500
Est. Monthly Cash Flow $-3,386

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 · 41 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. The written content was last updated on November 8, 2026.

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

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