Active Listing  ·  160 days on market

10306 D K Ranch Rd

Austin, TX 78759
$998,500
3 Bed 2 Bath 2,542 sqft $393/sqft Built 1975 0.68 acres 2-Car Garage Pool Northwest Hills Ranch 1972 Vai

A true showstopper, this thoughtfully remodeled 1975 home pays homage to its 70s roots while delivering a fresh, clean, modern feel. The split-level floor plan offers an open-concept design filled with natural light, thanks to expansive new windows and doors that frame stunning views of the tree-covered lot and surrounding Hill Country. The main living area features warm wood-finish LVP flooring, a dramatic two-story tile fireplace as a striking focal point, a built-in wet bar with crisp white cabinetry, and a dynamic multi-level layout accented by sleek cable railings. The dining area is highlighted by a dramatic wall of windows, creating a bright and inviting space for everyday living and entertaining. Step outside to an upper covered deck overlooking the pool, with sweeping Hill Country views that stretch for miles—perfect for relaxing or hosting guests. The spacious primary suite is a private retreat, complete with vaulted ceilings, dual large closets, and serene views.

The backyard is truly turnkey, featuring a newly resurfaced pool and upgraded equipment—ready to enjoy from day one. Situated on a .69-acre lot behind a gated entrance with a circular drive, this property offers both privacy and convenience. Located within walking distance to Laurel Mountain Elementary and just minutes from Canyon Vista Middle School and Westwood High School—all award winning schools. You’re also minutes from major employers, The Arboretum, and The Domain. Welcome home! **As an added bonus, Seller offering to pay up to $18,000 for 2/1 interest rate buydown!**

At $393/sqft, this home is priced in line with the Austin market average of $391/sqft across 4,484 active listings. View Austin market report →

Location

10306 D K Ranch Rd, Austin, TX 78759

Property Details

Price $998,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,542 sqft
Lot Size 0.68 acres (29,803.75 sqft)
Year Built 1975
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Northwest Hills Ranch 1972 Vai
County Travis
Zip Code 78759
$/sqft $393/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228519765
List Date May 1, 2026
Elementary School Laurel Mountain
Middle School Canyon Vista
High School Westwood
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 · May 1, 2026 $1,215,000
Previous ask $999,000
Current ask $998,500
▼ Reduced $216,500 (-17.8%) 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
6604 Strutton Cv
Great Hills Ph 02 Sec 01
$995,000 $312 4 bd / 4 ba 3,191 sqft , 2026-07-23
7403 BLUE BEACH Cv
GREAT HILLS XXIII
$1,130,000 $372 4 bd / 4 ba 3,041 sqft , 2026-06-12
6804 Rain Creek Pkwy
Great Hills Ph 02 Sec 01 Amd
$815,000 $281 4 bd / 3 ba 2,896 sqft , 2026-08-27
10412 Double Spur Loop
Cochrum Subdivision
$1,200,000 $477 3 bd / 4 ba 2,517 sqft , 2026-08-22
11210 Henge Dr
Barrington Oaks Sec 05
$725,000 $381 3 bd / 2 ba 1,904 sqft , 2026-08-27

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
$4,793/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
$199,700
20% conventional investment loan

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

Estimated Gross Rent+$4,793
Principal + Interest−$5,449
Property Tax (~2.1% TX avg)−$1,747
Insurance (~0.5%)−$416
Est. Monthly Cash Flow $-2,819

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 28, 2026.

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