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Map
4802 Gladeview DR #2
About This Property
This stunning 2023 masterpiece in Park Forest is your moment. Located in vibrant 78745, just minutes from Radio Coffee, SoCo, and Central Market, this 3-bed, 2-bath home delivers luxurious, high-end living wrapped in bold style and smart design.
From the moment you step inside, the soaring ceilings, expansive windows, and rich walnut-textured engineered wood floors set the tone. Recessed lighting with dimmers, designer fixtures, and 5" trim throughout create a vibe that's equal parts chic and inviting. The open-concept kitchen is a showstopper, featuring tall custom cabinetry, sleek quartz countertops, LG stainless appliances, an extra deep chef style stainless steel sink, and gooseneck faucet-perfect for entertaining or everyday elegance.
The primary suite is on the main level and offers a serene retreat with a spa-like ensuite bath. Upstairs, two more bedrooms with vaulted ceilings share a sophisticated bath and overlook the treetop views of this lushly landscaped lot.
Step outside and the magic continues: an extra-long black-stained driveway, oversized carport, expertly xeriscaped yard with bocci ball run, elegant planters, and twinkle lights strung above. Take the party upstairs to your private rooftop terrace-complete with canopy sail and ambient lighting-ideal for evening cocktails under the stars.
Extras abound: two sheds, custom curtains, washer/dryer, large TVs, security cameras, and more-all included. Even the Easter Red Bud tree stays. (NOTE: The Blue Cedar Trees + Dwarf Japanese Maple tree DO NOT convey.)
With all major systems just two years old, this home is the rare combination of luxurious, low-maintenance, and move-in ready. Don't miss your chance to own something truly extraordinary in the heart of South Austin.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2025 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Price Decreased |
$479,900
↓ $10K
(2%) | |
| Price Decreased | |||
| Nov 10, 2025 | Price Decreased |
$489,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Sep 21, 2025 | Listed by Austin Fine Properties LLC | $494,900 | |
| Listed by Austin Fine Properties LLC | |||
| |||
|
New Price! A private driveway leads you to this European-inspired 3-bed, 2-bath home with outdoor spaces that are a rare find in the vibrant St. Elmo Art District of South Austin—& under 10 minutes to Central Market, South Congress shopping and dining, Zilker Park, Downtown and ABIA AIrport. HOA has ZERO fees and no Short Term Rental Restrictions!
Inside, the main floor offers an open living, dining, and kitchen layout with soaring 10-foot ceilings, durable engineered wood floors, recessed lighting, designer fixtures, and abundant natural light. The kitchen impresses with custom cabinetry, quartz countertops, a full set of LG stainless appliances, and single-basin stainless steel sink, plus a handy storage closet under the stairs. A hallway leads to the primary suite, a serene retreat with its ensuite bath.
Upstairs, two bedrooms with vaulted ceilings share a well-appointed bath overlooking treetop views—adaptable for guests or a home office setup.
We saved the best for last: surrounded by a 10-foot privacy fence, the property offers entertaining areas rarely found in newer builds close to downtown. Enjoy low-maintenance turf fully landscaped with trees, shrubs, and metal planters potted with native Central Texas plants, seamless indoor-outdoor flow, room for pets to play and friends to gather, oversized carport, and ample parking for two plus cars. Highlights include the front yard bocce court, shaded back deck right off the kitchen—perfect for grilling—or second floor rooftop terrace with canopy sail and thoughtful lighting. Gently lived in for less than two years, this home delivers to Buyers with a discerning eye for thoughtful indoor/outdoor design and function.
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| Sep 5, 2025 | Withdrawn | - | |
| Withdrawn | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/19/2025
|
3 Bed
|
2 Bath
|
1150 ft²
|
$599,900
3 Bed
2 Bath
1150 ft²
|
-
-
|
Alyse Black
Keller Williams - Austin SW
| |
|
10/31/2023
|
4 Bed
|
3 Bath
|
2076 ft²
|
$799,999
4 Bed
3 Bath
2076 ft²
|
-
-
|
Christopher Watters
Watters International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017