Active Listing  ·  32 days on market

10507 Plumewood Dr

Austin, TX 78750
$924,900
3 Bed 3 Bath 2,442 sqft $379/sqft Built 1978 0.31 acres 2-Car Garage Pool Spicewood At Balcones Villages

Tucked away on a .3acre corner lot on one of the most coveted streets within the original Balcones Village neighborhood, 10507 Plumewood Dr offers endless opportunities to refine this traditional family home into something truly special! Pulling up to this charming home, you can’t help but notice the alluring curb appeal, beautiful stone exterior, mature Oaks & expansive front yard. This light filled gem exudes character & a warm ‘at home’ feel. Walking in the front door, your eyes are drawn out to the large picture windows overlooking the established landscaping & serene, private backyard. Anchored at the heart of the home, this timeless kitchen is equipped with stainless steel appliances, granite countertops & updated light fixtures. In the main living room on the left side of the home, an original stone fireplace & crystal chandelier add to the elevated, cozy feel that welcomes you in & makes you want to stay awhile. The formal living/dining room space (342sf) could be converted to extend the kitchen footprint or add an office & 4th bedroom. The 34ft of right side yard space offers plenty of room to build out a 1st floor primary suite. Enjoy morning coffee on 1 of the 2 front patios, or fireside in the spacious 425sf primary suite. This home provides quiet, peaceful suburban living with exceptional convenience- just minutes from esteemed RRISD schools, top rated Westwood High School, Balcones Country Club amenities/Tennis Academy, & several restaurants, retailers, parks & nature trails. With close proximity to the toll roads & 183 corridor, this location provides easy access to downtown Austin (20mins) & the Austin airport for work commuters (28mins). The sellers are the 2nd owners of this well-loved home & several updates have been done over the years including: 2023 roof, 2025 windows, 2026 water heater, (2) 2023 HVAC/ducting, 2026 light fixtures, 2022 exterior paint & siding, 2021 engineered hardwood floors, 2023 refrigerator, 2026 dishwasher. Voluntary HOA.

At $379/sqft, this home is 3% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

10507 Plumewood Dr, Austin, TX 78750

Property Details

Price $924,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,442 sqft
Lot Size 0.31 acres (13,642.99 sqft)
Year Built 1978
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Spicewood At Balcones Villages
County Travis
Zip Code 78750
$/sqft $379/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,867.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238536020
List Date July 3, 2026
Elementary School Spicewood
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.

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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 · July 3, 2026 $950,000
Current ask $924,900
Reduced $25,100 (-2.6%) 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
14603 Broken Bow Trl
Apache Shores Sec 03 Amd
$925,000 $364 3 bd / 3 ba 2,543 sqft , 2026-05-14
2702 S 2nd St #1 & 2
Oak Ridge Heights Sec 01
$925,000 $371 3 bd / 3 ba 2,496 sqft , 2026-05-27
7705 Jester Blvd
Jester Point 02 Sec 04
$925,000 $440 3 bd / 3 ba 2,104 sqft , 2026-06-25
1118 Algarita Ave #2
1118 Algarita Condos
$925,000 $516 3 bd / 3 ba 1,792 sqft , 2026-07-30
1907 Stoneridge Rd
Countryside Sec 01
$925,000 $513 4 bd / 2 ba 1,804 sqft , 2026-08-03

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
$4,440/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
$184,980
20% conventional investment loan

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

Estimated Gross Rent+$4,440
Principal + Interest−$5,048
Property Tax (~2.1% TX avg)−$1,619
Insurance (~0.5%)−$385
Est. Monthly Cash Flow $-2,612

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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