Active Listing  ·  57 days on market

1006 Fauntleroy Trl

Austin, TX 78758
$599,900
3 Bed 2 Bath 1,952 sqft $307/sqft Built 1962 0.35 acres Pool White Plains Sec 02

Discover a beautifully updated mid-century modern home offering the space, flexibility, and oversized homesite that are increasingly hard to find in North Austin. Situated on an expansive 0.35-acre lot, this 3-bedroom, 2-bath home combines thoughtful updates with original character and exceptional versatility—plus the freedom of no HOA.

Inside, the spacious open layout is designed for comfortable everyday living and entertaining. The updated kitchen features quartz countertops, a large center island, gas cooktop, double ovens, and new appliances. New stain-resistant flooring throughout creates a fresh, cohesive look, while a dedicated office provides valuable space for working from home. The inviting primary suite offers a comfortable and private retreat.

Step outside and discover what truly sets this property apart. The expansive fenced backyard provides abundant room for entertaining, pets, gardening, play, or future possibilities. Two detached, insulated, climate-controlled flex spaces with electricity offer exceptional versatility—ideal for private offices, creative studios, hobby rooms, workout spaces, or other flexible uses. An additional storage building provides convenient space for tools, lawn equipment, and outdoor essentials.

Major improvements include a new roof installed in 2025, providing added peace of mind for the next owner. New kitchen appliances. New tankless water heater in 2024

With its generous 80 x 180 homesite, updated interior, new appliances, flexible bonus spaces, abundant storage, no HOA, and convenient location near The Domain, Q2 Stadium, major employers, shopping, dining, and Downtown Austin, this property offers a rare combination of space, versatility, and freedom in a prime North Austin location.

Modern updates. Mid-century character. Exceptional flexibility. Room to live, work, create, store, and grow.

At $307/sqft, this home is 22% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1006 Fauntleroy Trl, Austin, TX 78758

Property Details

Price $599,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,952 sqft
Lot Size 0.35 acres (15,071.76 sqft)
Year Built 1962
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision White Plains Sec 02
County Travis
Zip Code 78758
$/sqft $307/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,382.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243208466
List Date August 12, 2026
Elementary School McBee
Middle School Burnet (Austin ISD)
High School Navarro Early College
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.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 12, 2026 $624,900
Current ask $599,900
▼ Reduced $25,000 (-4.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
10826 Desert Trl #1039
Sonora
$599,000 $373 3 bd / 4 ba 1,608 sqft , 2026-08-21
10203 Sun Hill Dr
Quail Creek
$599,000 $337 4 bd / 2 ba 1,779 sqft , 2026-09-18
11704 Swearingen Dr
Gracywoods Sec 07
$579,900 $306 3 bd / 2 ba 1,893 sqft , 2026-08-28
1503 Desert Quail Ln
Quail Creek West Ph 02 Sec 01
$550,000 $250 4 bd / 3 ba 2,198 sqft , 2026-07-10
10101 Parkfield Dr
Quail Creek Ph 03 Sec 01
$549,900 $244 4 bd / 3 ba 2,255 sqft , 2026-06-05

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
$2,880/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
$119,980
20% conventional investment loan

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

Estimated Gross Rent+$2,880
Principal + Interest−$3,274
Property Tax (~2.1% TX avg)−$1,050
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,694

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 September 15, 2026.

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