Active Listing  ·  95 days on market

9004 Tara Ln

Austin, TX 78737
$1,300,000
4 Bed 3 Bath 3,198 sqft $407/sqft Built 1982 2.01 acres 3-Car Garage Pool Ashley Oaks

Tucked into the heart of SW Austin’s Hill Country on two private acres near the Austin Waldorf School, 9004 Tara Lane is a truly one-of-a-kind property where thoughtful design meets an extraordinary natural setting. Originally built in 1982 with a custom, mid-century-inspired design, the home has been meticulously maintained and extensively improved over time, with a comprehensive list of upgrades available in the seller’s disclosure.

The L-shaped floorplan offers a warm yet refined flow, beginning with a stunning formal living room featuring vaulted ceilings, exposed beams, high-set windows framing treetop views, and a striking floating brick fireplace. The space opens seamlessly into a dining area and beautifully updated kitchen with quartz countertops, shaker cabinetry, and an elegant harlequin-pattern tile backsplash. A spacious second living area with its own fireplace opens to an expansive wraparound deck, creating effortless indoor-outdoor living. The deck is ideal for gathering under the canopy of oaks to dine and unwind.

Three bedrooms, a full bath, and powder room are located on the main level, while the upstairs primary suite offers a peaceful retreat with a generous walk-in closet and a spa-like bath featuring dual vanities, travertine finishes, a soaking tub, and a glass-enclosed shower room. Beyond the home, the land unfolds into a curated natural experience—once densely wooded, now thoughtfully cleared to reveal majestic oak trees, open green spaces, an organic garden, a charming well house, a firepit nestled within an oak grove, and a multi-level treehouse tucked into the canopy. A gated path leads through additional wooded land to a seasonal creek, completing the sense of privacy and connection to nature. If you want luxury and peace, and you love trees, wildlife, and campfires, this is the home for you!

At $407/sqft, this home is priced 4% 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

9004 Tara Ln, Austin, TX 78737

Property Details

Price $1,300,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 3,198 sqft
Lot Size 2.01 acres (87,555.6 sqft)
Year Built 1982
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Ashley Oaks
County Travis
Zip Code 78737
$/sqft $407/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,503
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228318664
List Date May 1, 2026
Elementary School Baldwin
Middle School Gorzycki
High School Bowie
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 · May 1, 2026 $1,500,000
Previous ask $1,345,000
Current ask $1,300,000
Reduced $200,000 (-13.3%) 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
4552 Page St
Mueller Sec Vi Sub
$1,300,000 $478 3 bd / 3 ba 2,721 sqft , 2026-07-07
1016 E 43rd St
Country Club Terrace
$1,300,000 $547 4 bd / 3 ba 2,376 sqft , 2026-07-20
2506 E 2nd St #2
Highway Add
$1,300,000 $590 4 bd / 5 ba 2,202 sqft , 2026-07-27
10403 Weller Dr
Spicewood At Balcones Villages
$1,300,000 $435 4 bd / 3 ba 2,989 sqft , 2026-07-30
244 Bird Bath Bnd
Parten
$1,299,900 $305 5 bd / 5 ba 4,263 sqft , 2026-08-02

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
$6,240/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
$260,000
20% conventional investment loan

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

Estimated Gross Rent+$6,240
Principal + Interest−$7,095
Property Tax (~2.1% TX avg)−$2,275
Insurance (~0.5%)−$542
Est. Monthly Cash Flow $-3,672

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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