
Investor Alert! Great investment property in North Austin Round Rock Area. Cash Flowing long term tenant occupied. Pictures are from before current tenant occupancy. Discover a harmonious blend of style and comfort in this captivating Austin residence, ideally situated on Tranquil Lane. This inviting home, spanning 2,020 square feet, offers three well-appointed bedrooms and two full bathrooms across two stories, presenting an exceptional living experience. The exterior showcases a striking facade with varied textures, blending brick and stone, creating impressive curb appeal. A spacious, verdant yard with mature trees, fully fenced for privacy, awaits outdoor enjoyment, complemented by a generous covered patio perfect for relaxation and entertaining. Inside, the heart of the home is a well-appointed kitchen featuring rich cabinetry, granite countertops, and dark wood flooring throughout. This culinary space boasts a kitchen island, recessed lighting, a dishwasher, an electric range, and a microwave. The open-concept layout seamlessly connects the kitchen to the living area, which is illuminated by abundant natural light and features rich hardwood floors and ceiling fans for optimal comfort. Plush carpeting enhances the bedrooms, each offering a peaceful retreat, some complete with ceiling fans and views of the backyard. The bathrooms are thoughtfully designed, with one featuring dual vanity sinks, a walk-in shower, and tile flooring, while another offers a shower-tub combination. A functional laundry space with essential utility hookups adds to the home's practicality. This residence provides a serene environment while maintaining convenient access to Austin's vibrant amenities. Currently Tenant Occupied - no showings available before offer.
Property Type
Residential
Year Built
2012
Lot Size
0.19 acres
$/Sq Ft
$208
HOA
$125/mo
Garage
2 spaces
Listed by Harmony Real Estate Group
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
4036 Tranquil LN is listed at $419,900 with 3 bedrooms, 2 full, 1 half bathrooms, 2,020 square feet, 0.19-acre lot. This places it above the 78728 median of $415,000.
4036 Tranquil LN is zoned for Round Rock ISD with assigned schools: Wells Branch (elementary), Chisholm Trail (middle), McNeil (high). School assignments should be verified directly with the district.
4036 Tranquil LN is a Residential built in 2012 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,020 square feet, 0.19-acre lot.
4036 Tranquil LN is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 4036 Tranquil LN is $6,450. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded sale and lease at 4036 Tranquil LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.5% | — | $445,692 | — | — |
2024-6.6% | — | $533,768 | $75,000 | $400,821 |
2023+54.9% | — | $571,235 | $75,000 | $458,768 |
2022+20.6% | — | $368,860 | $75,000 | $496,235 |
2021 | — | $305,850 | $75,000 | $293,860 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($84K)
$419,900
Luxury property intelligence
A sourced read on Raceway Single Family Sub pricing, timing, and property scale. No automated valuation claim.
List price
$419,900
Price per sqft
$208/sqft
Vs. Raceway Single Family Sub median
Not available
Days on market
28 days
Original to current
No verified reduction
$419.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($83,980) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4036 Tranquil LN is around $2,716 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $419,900, 4036 Tranquil LN is in the Raceway Single Family Sub market where there are currently 28 active listings in 78728. The Keenan Group has completed 3 transactions in 78728 as part of 1,000+ career sales totaling $1B+ across Austin.
4036 Tranquil LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
4036 Tranquil LN is part of a managed community with HOA dues of $125 quarterly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$419,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.5% | — | $445,692 | — | — |
2024-6.6% | — | $533,768 | $75,000 | $400,821 |
2023+54.9% | — | $571,235 | $75,000 | $458,768 |
2022+20.6% | — | $368,860 | $75,000 | $496,235 |
2021 | — | $305,850 | $75,000 | $293,860 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Raceway Single Family Sub
Recent sales for market context