Active Listing  ·  12 days on market

10020 Majorca Dr

Austin, TX 78717
$500,000
3 Bed 2 Bath 2,286 sqft $219/sqft Built 1995 0.21 acres 2-Car Garage Pool Davis Spring Sec 03-A

Beautifully maintained 3-bedroom, 2-bath home with a dedicated study/bonus room, situated on a desirable corner lot. Lightly lived in and thoughtfully cared for by its longtime owner, this spacious 2,286-square-foot home reflects true pride of ownership throughout. Numerous major improvements provide added comfort and peace of mind, including new windows in 2021, a composite deck with matching rails in 2021, gutters in 2022, beautiful hardwood flooring in 2022, and fresh exterior paint in 2025. The HVAC system was replaced in 2018. The inviting outdoor space and low-maintenance composite deck offer a wonderful setting for relaxing or entertaining. Davis Spring amenities include a playground, pool, tennis and basketball courts. With its generous size, dedicated home office, excellent condition, corner-lot setting, and extensive updates, this home is ready for its next owner to move in and make it their own.

At $219/sqft, this home is 44% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

10020 Majorca Dr, Austin, TX 78717

Property Details

Price $500,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,286 sqft
Lot Size 0.21 acres (9,199.87 sqft)
Year Built 1995
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Davis Spring Sec 03-A
County Williamson
Zip Code 78717
$/sqft $219/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. $10,750.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241759214
List Date August 2, 2026
Elementary School Elsa England
Middle School Pearson Ranch
High School McNeil
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
9424 Castle Pines Dr
Avery South Sec 02 Ph 01
$499,900 $235 4 bd / 2 ba 2,125 sqft , 2026-06-17
14408 Ballycastle Trl
Avery Ranch West Ph 02
$495,000 $233 3 bd / 3 ba 2,120 sqft , 2026-07-22
14003 Osmarea Dr #91
Parmer Xing Condos
$494,000 $221 3 bd / 3 ba 2,238 sqft , 2026-06-18
10133 Cassandra Dr
Davis Spring
$485,000 $242 3 bd / 2 ba 2,004 sqft , 2026-08-06
15700 Edenderry Dr
Avery South Sec 01 Ph 02
$479,000 $229 3 bd / 2 ba 2,090 sqft , 2026-06-04

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,400/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$100,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,412

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 4, 2026.

📞 (254) 718-2567 [email protected] More about Luke →