Active Listing  ·  4 days on market

10315 Marietta Dr

Austin, TX 78748
$399,900
3 Bed 3 Bath 2,054 sqft $195/sqft Built 2008 0.22 acres 2-Car Garage Pool Sweetwater Glen Condo Amd

Experience the best of both worlds with peaceful residential living and immediate access to Austin's famous lifestyle. Imagine starting your mornings with a fresh brew from The Hive, spending breezy Saturday afternoons at South Austin Beer Garden, and ending your evenings soaking up the vibrant Menchaca nightlife at local favorites like Lulu’s and Armadillo Den. Make exploring the sprawling trails of the 340-acre Mary Moore Searight Metro Park an easy weekly experience, or meet neighbors at the community’s private park for a break from the workday. No matter your lifestyle, this location truly offers everything for recreation and connection. Plus, with quick access to major thoroughfares, your daily commute is a breeze and the heart of downtown Austin is at your fingertips.

Step inside and feel the energy of the city fade into the background. The atmosphere is immediately bright and airy, with a main level that greets you with towering ceilings to amplify the sense of space and light. Tucked away at the rear of the home for ultimate tranquility, the primary suite serves as a private retreat from the day’s hustle, complete with a generous ensuite bath and walk-in closet. A powder room on the main floor adds a layer of convenience for guests while entertaining.

Venture upstairs to find a versatile loft thoughtfully sectioned into two distinct spaces—an ideal setup for a cozy lounge on one side and a dedicated office or creative nook on the other. Both secondary bedrooms are located on this level, including one with direct access to the full bathroom. The experience is rounded out by a peaceful backyard view of mature trees, offering a sense of seclusion with no direct neighbors situated behind the property. This is South Austin living at its most effortless and inviting.

Come explore 10315 Marietta Drive today! *Roof replaced 1.5 yrs. ago!*

At $195/sqft, this home is 50% 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

10315 Marietta Dr, Austin, TX 78748

Property Details

Price $399,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,054 sqft
Lot Size 0.22 acres (9,735.66 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sweetwater Glen Condo Amd
County Travis
Zip Code 78748
$/sqft $195/sqft
Days on Market ,
HOA $68/Monthly
Annual Tax Est. $7,706
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243966199
List Date August 20, 2026
Elementary School Kocurek
Middle School Bailey
High School Akins
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 →

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
808 Totis Rd
Searight Village Condo
$399,999 $212 3 bd / 3 ba 1,886 sqft , 2026-04-30
10028 Wading Pool Path
Hollow At Slaughter Creek Sec
$400,000 $203 3 bd / 3 ba 1,973 sqft , 2026-06-25
2028 Desco Dr
Hillcrest Sec 01
$399,000 $210 3 bd / 3 ba 1,898 sqft , 2026-08-07
1608 Melibee Trl
Canterbury Trails Sec 04
$395,000 $212 3 bd / 3 ba 1,860 sqft , 2026-07-22
1900 Jesse Owens Dr
Olympic Heights Sec 02
$409,999 $220 3 bd / 3 ba 1,860 sqft , 2026-06-17

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
$1,920/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
$79,980
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,182
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,129

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 23, 2026.

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