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4809 Crestway DR
About This Property
Perched high on Crestway Drive, one of Central Austin's most sought-after streets in coveted Highland Park West, this mid-century style home offers stunning panoramic views of the downtown Austin skyline.
Boasting 4,400 square feet of living space on a nearly half-acre lot, this rare property provides the perfect blend of timeless mid-century architecture and modern comfort. The home features 4 bedrooms and 3.5 bathrooms, as well as an oversized garage for additional storage and convenience.
Recent updates add modern luxuries while preserving the home's original character. Renovations include the kitchen, the main level bedrooms & bathrooms, beautifully finished hardwood floors, a huge back patio and a new HVAC system.
Whether you choose to move in and enjoy as-is or apply your personal touch, this residence offers incredible flexibility and opportunity.
Located 10 minutes from downtown Austin, Highland Park West is known for highly walkable streets, mature trees, and strong sense of community-making everyday living feel like a retreat, while keeping you connected to the vibrant heart of the city.
Don't miss this rare opportunity to own a piece of Austin's best real estate, with a most desirable address and superb skyline views. It sits mere minutes from downtown's electric pulse, yet is tucked away in a highly coveted enclave escape. The property offers great opportunities for expansion or enhancements to suit your lifestyle.
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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 |
|---|---|---|---|
| Jun 12, 2026 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Listed by Select Austin Real Estate | $2,150,000 | |
| Listed by Select Austin Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017