Determining a fair price for 3604 Tom Miller Street requires balancing its premium new-construction status against local market performance. While listed at $2,400,000, market analysis suggests a more grounded valuation:
| | |
| :--- | :--- |
| Current List Price | $2,400,000 |
| Realistic Sales Range | $1,515,000 – $1,675,000 |
| Local Market Median | $1,645,350 |
At $607 per square foot, the property sits well above the local median. This reflects a premium for the 2026 build, the addition of a detached guest house, and its prime position directly on the Mueller Southeast Greenway.
While the current list price targets the very high end of the luxury pool, comparable properties in the neighborhood typically sell closer to the $1.6M-$1.7M range. The home has been on the market for 82 days, suggesting the current asking price is testing buyer appetite at a significant premium to recent local sales.
3604 Tom Miller St, Austin Investment Report: Flip & Rental Analysis · Frontflip