Active Listing  ·  24 days on market

10408 Timbercrest Ln

Austin, TX 78750
$489,999
3 Bed 3 Bath 1,791 sqft $274/sqft Built 1976 0.22 acres 2-Car Garage Pool MILRUN VILLAGE AT ANDERSON MILL

Welcome to this beautifully updated two-story home in Northwest Austin, offering a comfortable layout, extensive recent improvements, and a convenient location. Featuring 3 bedrooms and 2.5 bathrooms, this home provides plenty of space for everyday living and entertaining, with all three bedrooms located upstairs for added privacy.

The home offers a unique and flexible layout with two separate living areas on different levels. The downstairs living room provides a welcoming space for relaxing and gathering, while the upstairs living area offers additional room for a media space, home office, playroom, or second family room. A charming bay window adds character and natural light, creating a bright and inviting atmosphere.

Step outside to enjoy the spacious backyard, offering plenty of room for outdoor entertaining, recreation, gardening, or simply enjoying the Texas sunshine. A new fence provides both privacy and a refreshed exterior.

Numerous recent improvements add to the home's appeal and peace of mind, including a new roof, new siding, new hot water heater, new insulation, and fresh paint throughout the entire home. The kitchen has been updated with new cabinetry, while the primary bedroom features a new vanity. New ceiling fans have also been installed throughout the house.

Location is another standout feature, with all three public schools located less than one mile from the home. The property also offers a convenient commuter location with easy access to major roads, while shopping, dining, recreation, and everyday amenities are all within easy reach. Anderson Mill offers amenities for one low annual fee - you have access to 2 pools and 3 tennis courts.

With its spacious two-level living arrangement, generous backyard, extensive updates, and convenient Northwest Austin location, this home offers comfortable and flexible living with plenty of room to make it your own.

At $274/sqft, this home is 30% 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

10408 Timbercrest Ln, Austin, TX 78750

Property Details

Price $489,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,791 sqft
Lot Size 0.22 acres (9,448.16 sqft)
Year Built 1976
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision MILRUN VILLAGE AT ANDERSON MILL
County Williamson
Zip Code 78750
$/sqft $274/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,220.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246759561
List Date September 14, 2026
Elementary School Anderson Mill
Middle School Noel Grisham
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 →

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
12223 Old Stage Trl
Village 01 At Anderson Mill
$495,000 $302 4 bd / 3 ba 1,641 sqft , 2026-08-03
11464 Bristle Oak Trl
Village 21 At Anderson Mill Ph 02
$470,000 $241 3 bd / 2 ba 1,953 sqft , 2026-08-23
10912 Hillside Oak Ln
Deerbrook Village
$465,000 $274 3 bd / 3 ba 1,698 sqft , 2026-09-03
12405 Burlywood Trl
Deerbrook Village
$519,999 $259 3 bd / 2 ba 2,007 sqft , 2026-09-09
9707 Anderson Mill Rd #31
Arboretum Park Residential Sub Condo
$450,000 $298 3 bd / 2 ba 1,512 sqft , 2026-07-23

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
$2,352/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
$98,000
20% conventional investment loan

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

Estimated Gross Rent+$2,352
Principal + Interest−$2,674
Property Tax (~2.1% TX avg)−$857
Insurance (~0.5%)−$204
Est. Monthly Cash Flow $-1,383

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 28, 2026.

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