price/$1,550,000for/For Sale
| Type | Single Family Home |
|---|---|
| Status | |
| ID | |
| Built | 1983 |
| Garage | 2 |
| Living Area | 3,079 Sq Ft |
| Price per Sq Ft | $503 |
- 3
- 3
- 2
- 0.36 acre lot
Address
Open on Google Maps- Address:3503 Needles Dr, Austin, TX 78746
- Country United States
- State TX
- City Austin
Luxury Living in Davenport Ranch: Inside 3503 Needles Dr, Austin’s Premier $1.55M Home
Price: $1,550,000 | 3 Beds, 3 Baths | 3,079 Sq. Ft. | 0.36 Acres | Austin, TX 78746
Introduction: Why This Home Captures Austin’s Luxury Market
Austin’s real estate market is booming, with properties in the 78746 ZIP code (Westlake) commanding premium prices due to their proximity to top-rated schools, green spaces, and downtown amenities. At 3503 Needles Dr, Davenport Ranch offers a rare opportunity to own a recently renovated home that blends modern luxury with classic Texas charm. Priced at $1.55 million, this property targets affluent buyers seeking move-in-ready elegance near the Austin Country Club and Pennybacker Bridge.
In this guide, we’ll explore:
- Room-by-room breakdowns with designer details.
- Davenport Ranch neighborhood perks (schools, safety, amenities).
- Financial insights, including ROI potential and tax strategies.
- 2024 Austin market trends and why this home stands out.
👉 Bookmark this page or subscribe to NESTVIEWX for more luxury home tours!
Property Overview: Key Specs & Pricing
| Feature | Details |
|---|---|
| List Price | $1,550,000 |
| Price per Sq. Ft. | $503 |
| Square Footage | 3,079 sq. ft. |
| Lot Size | 0.36 acres |
| Year Built | 1983 (Full renovation in 2023) |
| HOA Fees | $86/month (Covers parks, tennis courts, and common area maintenance) |
| Garage | 2-car attached |
| Property Tax | $33,897/year |
Room-by-Room Breakdown: Design, Function & Luxury
1. Exterior & Curb Appeal: A Timeless First Impression
The home’s classic red-brick facade and manicured landscaping create an inviting entrance. Mature oak trees provide shade, while drought-resistant plants and automated sprinklers ensure year-round curb appeal.
- Private Driveway: Accommodates 6 vehicles, ideal for hosting.
- Pie-Shaped Lot: Offers seclusion and room for outdoor activities.
- Proximity: 5 minutes to Austin Country Club, 10 minutes to downtown Austin.
Why It Matters: Davenport Ranch homes rarely hit the market, making this a prime opportunity for buyers prioritizing location and privacy.
2. Chef’s Kitchen: Where Culinary Dreams Come Alive
The kitchen is a masterpiece of modern design, featuring:
- Quartz Countertops: Heat-resistant and easy to maintain.
- Smart Appliances: Includes a Bosch dishwasher and LG smart refrigerator.
- Walk-In Pantry: Custom shelving for organized storage.
- Island with Bar Seating: Perfect for casual meals or entertaining.
Designer Touches:
- Soft-Close Cabinets: Silent and durable.
- Task Lighting: Under-cabinet LEDs for precision cooking.
3. Living Room: Bright, Airy & Connected
- 34 Floor-to-Ceiling Windows: Replaced in 2023 with energy-efficient, UV-blocking glass.
- Cathedral Ceilings: Amplify the sense of space.
- Gas Fireplace: Remote-controlled for cozy evenings.
- Built-In Bookshelves: Custom carpentry adds character.
Open Floorplan Benefits:
- Seamless flow to the dining room and kitchen.
- Ideal for supervising kids or hosting large gatherings.
4. Dining Room: Elegance Meets Functionality
- Crown Molding: Elevates the room’s sophistication.
- Wet Bar: Equipped with a wine fridge and glass shelving.
- Neutral Palette: Allows buyers to personalize with art or decor.
Pro Tip: Pair the wet bar with local Austin wines for a true Hill Country experience.
5. Bathrooms: Spa-Inspired Sanctuaries
Primary Ensuite:
- Soaking Tub: Deep enough for full relaxation.
- Dual Vanities: Quartz counters and anti-fog mirrors.
- Walk-In Shower: Frameless glass and rainfall showerhead.
Secondary Bathrooms:
- Water-Efficient Fixtures: Reduce utility costs.
- Heated Floors: Added in the guest bathroom for comfort.
6. Bedrooms: Private Retreats for Rest & Recharge
- Primary Bedroom: Located on the main level with a walk-in closet and greenbelt views.
- Secondary Bedrooms: Versatile spaces for guests, home offices, or gyms.
- Smart Home Integration: Pre-wired for security systems and automated blinds.
Storage Solutions:
- Custom closets with adjustable shelving.
- Under-stair storage for seasonal items.
7. Backyard Oasis: Pool, Patio & Outdoor Living
- Above-Ground Pool: Surrounded by a composite deck (low maintenance).
- Enclosed Patio: Features retractable screens for bug-free evenings.
- Mature Trees: Provide shade and attract local wildlife.
Entertaining Tips:
- Add string lights and a fire pit for evening gatherings.
- Use native plants like Texas sage for drought-resistant landscaping.
Davenport Ranch: Neighborhood Deep Dive
1. Top-Rated Schools
- Bridge Point Elementary (A+): 9/10 GreatSchools rating.
- Hill Country Middle School (A): Strong STEM programs.
- Westlake High School (A+): 98% graduation rate, top 5% nationally.
Why It Matters: Homes near Westlake High sell 15% faster than Austin’s average.
2. Amenities & Lifestyle
- Parks & Trails: Access to the Davenport Village Park and Barton Creek Greenbelt.
- Tennis Courts: Maintained by the HOA.
- Safety: Gated options and 24/7 neighborhood patrols.
Local Hotspots: Austin Country Club, Pennybacker Bridge hiking trails with panoramic views.
3. Location & Commute
| Destination | Drive Time |
|---|---|
| Downtown Austin | 10 minutes |
| Austin-Bergstrom Airport | 25 minutes |
| The Domain (Shopping) | 15 minutes |
| Barton Springs Pool | 12 minutes |
Walk Score: 45 (Car-dependent, but bike-friendly routes to schools).
Financial Insights: Costs, Taxes & ROI
1. Breakdown of Costs
- Down Payment (20%): $310,000
- Estimated Monthly Mortgage: $8,500–$9,200 (6.5% interest rate)
- Annual Property Taxes: $33,897
- HOA Fees: $86/month
Tip: Property taxes can be deducted if the home is a primary residence.
2. Investment Potential
- Appreciation: Westlake homes appreciated 12% year-over-year in 2023.
- Rental Demand: Short-term rentals yield $8,000–$12,000/month.
- Comparable Sales: Homes sold for $475–$525/sq. ft. in Q1 2024.
2025 Austin Market Trends
1. Why 78746 is a Hot Market
- Inventory Shortage: Only 1.2 months of supply (6 months is balanced).
- Tech Boom: Companies like Tesla and Oracle drive demand.
- Lifestyle Appeal: Proximity to nature and urban amenities.
2. Buyer Competition
- Cash Offers: 30% of Austin buyers waive financing contingencies.
- Days on Market: Average of 22 days in Davenport Ranch.
Strategy: Submit offers quickly and consider escalation clauses.
FAQs: Answering Buyer Questions
- Why is the price per square foot higher than nearby homes?
Recent renovations and premium location justify the price. - Are there deed restrictions?
Yes, minimal (e.g., no sheds, paint color approval). - Can the pool be heated?
No, but usable 8–9 months per year in Austin. - What’s the average utility cost?
$300–$400/month with energy-efficient systems.
Conclusion: Your Gateway to Austin Luxury
3503 Needles Dr is more than a home—it’s an investment in a lifestyle defined by convenience, safety, and natural beauty. With its modern updates, top-rated schools, and unbeatable location, this property is ideal for:
- Families: Safe streets and award-winning schools.
- Professionals: Quick commute to downtown’s tech hubs.
- Investors: High rental demand and appreciation potential.
Act Now:
- Attend the open house on April 30.
- Schedule a private tour for an exclusive walkthrough.
Explore More with NESTVIEWX
Subscribe to our channel for weekly luxury home tours, market updates, and expert tips. Your dream home in Austin awaits!