Active Listing  ·  19 days on market

905 Madison Fork Dr

Austin, TX 78738
$1,079,000
4 Bed 4 Bath 3,006 sqft $359/sqft Built 2013 0.27 acres 3-Car Garage Pool Serene Hills Sub Ph 2E

Also available for Lease MLS 7621559. Welcome to 905 Madison Fork, beautifully situated in the highly coveted Serene Hills neighborhood. Spanning just over 3000 sq ft, this home features 4 bedrooms and 4 baths with optional flex/office space or additional fifth bedroom, and three car garage. Grand ceilings surrounded by windows welcome beautiful natural lighting inside. The first floor primary is a private sanctuary with a spa inspired bathroom for a perfect retreat after a long day. A separate guest room on the first floor features its own ensuite bath and private entrance for extended guests. On the first floor an additional room adjacent to the living spaces is perfect fit for a flex/bonus room, office or even 5th bedroom! The heart of the home offers an open floor plan which flows seamlessly throughout combining a perfect blend for entertaining and comfort. The kitchen offers an abundance of space with a large island for hosting. While the finishes and floors are sure to impress throughout the home, one of the best parts this home has to offer is an oversized and ultra private yard lush in landscape with a covered porch for enjoying the gorgeous Texas hill country evenings. Located among 20+ miles of hike and bike trails in the prestigious LTISD, this home is one you won't want to miss!

At $359/sqft, this home is 8% 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

905 Madison Fork Dr, Austin, TX 78738

Property Details

Price $1,079,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,006 sqft
Lot Size 0.27 acres (11,848.32 sqft)
Year Built 2013
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Serene Hills Sub Ph 2E
County Travis
Zip Code 78738
$/sqft $359/sqft
Days on Market ,
HOA $255/Quarterly
Annual Tax Est. $25,468.02
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240132880
List Date July 16, 2026
Elementary School Serene Hills
Middle School Lake Travis
High School Lake 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.

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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 Richcreek Rd #B
Crestview Add Sec 07
$1,079,000 $496 4 bd / 3 ba 2,175 sqft , 2026-07-21
400 Post Road Dr
Williamson Sec 02
$1,080,000 $401 4 bd / 4 ba 2,692 sqft , 2026-03-18
13300 Bright Sky Overlook None
Steiner Ranch
$1,075,000 $316 5 bd / 3 ba 3,400 sqft , 2026-04-16
4911 Duval St
James P Wallace League
$1,075,000 $496 3 bd / 3 ba 2,167 sqft , 2026-03-13
10805 Spicewood Pkwy
Spicewood At Balcones Villages
$1,075,000 $346 4 bd / 3 ba 3,111 sqft , 2026-07-10

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
$5,179/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
$215,800
20% conventional investment loan

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

Estimated Gross Rent+$5,179
Principal + Interest−$5,889
Property Tax (~2.1% TX avg)−$1,888
Insurance (~0.5%)−$450
Est. Monthly Cash Flow $-3,048

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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