Active Listing  ·  5 days on market

904 Plateau Cir

Austin, TX 78745
$520,000
4 Bed 2 Bath 1,144 sqft $455/sqft Built 1958 0.15 acres Pool Hilltop

Two distinct living spaces. One quiet South Austin setting. Whether the second space becomes a guest retreat, rental,

quiet office, studio, ADU, tiny house, or something uniquely your own, this property provides room to adapt without

sacrificing location. Tucked beneath mature trees at the end of a quiet cul-de-sac, 904 Plateau Circle offers flexibility

that is increasingly difficult to find in central South Austin. The property includes a thoughtfully arranged 3-bedroom,

1-bath main residence and a detached 1-bedroom, 1-bath casita, providing two distinct private spaces on one lot. The

main home features an open living and kitchen area, granite countertops, a gas range, tile flooring, abundant natural

light and no interior steps. The detached casita or tiny home adds its own entrance, living area, kitchenette, full bath,

laundry and fenced yard—well suited for guests, a private office, creative space or rental for extra income. Outside,

mature trees, water-conscious landscaping and separated outdoor areas create a sense of privacy. Four off-street

parking spaces and a storage shed add everyday utility. There is no HOA. Located near neighborhood parks, local food

and entertainment destinations and 0.4 miles to St. David’s South Austin Medical Center. The property combines a

tucked-away residential setting with convenient access to the rest of Austin. Furniture can convey with Unit B.

Electricity already sub metered. Water can easily be updated to be sub metered with attachment by plumber. Upgrades: sewer lines replaced, gutters, paint, insulation and more. Buyer to independently verify square footage, permitted uses, schools, taxes and all property information.

At $455/sqft, this home is priced 16% 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

904 Plateau Cir, Austin, TX 78745

Property Details

Price $520,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,144 sqft
Lot Size 0.15 acres (6,525.29 sqft)
Year Built 1958
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Hilltop
County Travis
Zip Code 78745
$/sqft $455/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,284.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246709476
List Date September 17, 2026
Elementary School St Elmo
Middle School Bedichek
High School Travis
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
1325 Central Park Ct
Central Park (Salem Center Resub Of Lt B-1)
$499,000 $330 3 bd / 3 ba 1,514 sqft , 2026-06-24
1708 Forestglade Dr
Park Forest Sec 01
$499,000 $526 3 bd / 1 ba 948 sqft , 2026-06-23
1406 Camelot Cir #2
Greenwood Forest Sec 02
$495,000 $436 3 bd / 2 ba 1,136 sqft , 2026-06-25
4702 Everglade Dr
Park Forest Sec 01
$549,000 $371 3 bd / 2 ba 1,479 sqft , 2026-08-08
811 Glen Oak Dr
Emerald Forest Sec 02
$549,000 $414 3 bd / 2 ba 1,325 sqft , 2026-09-18

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
$2,496/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
$104,000
20% conventional investment loan

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

Estimated Gross Rent+$2,496
Principal + Interest−$2,838
Property Tax (~2.1% TX avg)−$910
Insurance (~0.5%)−$217
Est. Monthly Cash Flow $-1,469

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 18, 2026.

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