Active Listing  ·  104 days on market

904 Montopolis Dr

Austin, TX 78741
$299,000
3 Bed 2 Bath 1,120 sqft $267/sqft Built 2003 0.10 acres Pool n/a

Fantastic location with versatile potential—perfect for a home, rental property, or business office. Just minutes from downtown Austin, Zilker, Congress, and Austin Community College, with easy access to all areas of the city.

At $267/sqft, this home is 32% 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

904 Montopolis Dr, Austin, TX 78741

Property Details

Price $299,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,120 sqft
Lot Size 0.10 acres (4,504.1 sqft)
Year Built 2003
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision n/a
County Travis
Zip Code 78741
$/sqft $267/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,673.23
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227252721
List Date April 22, 2026
Elementary School Allison
Middle School Martin
High School Eastside Early College
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
1304 Summit St #101
Sunnyvale Villas A Condo
$299,000 $391 2 bd / 1 ba 764 sqft , 2026-01-26
1910 Robbins Pl #105
Robbins Place Condo Amd
$299,000 $298 2 bd / 2 ba 1,005 sqft , 2026-01-28
5704 Cedardale Dr
Flournoys Sweetbriar Sec 04
$299,000 $311 3 bd / 1 ba 962 sqft , 2025-11-18
4501 Whispering Valley Dr #29
Whispering Valley Condo Amd
$299,000 $267 2 bd / 3 ba 1,119 sqft , 2026-04-03
1727 Timber Ridge Dr
Timber Ridge At Greenbriar Sec
$299,000 $256 2 bd / 2 ba 1,167 sqft , 2026-03-30

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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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