Active Listing  ·  109 days on market

10520 Channel Island Dr

Austin, TX 78747
$369,990
3 Bed 2 Bath 1,763 sqft $210/sqft Built 2006 0.14 acres 2-Car Garage Pool Parkside At Slaughter Creek SE

*Brand New Roof & $4,000.00 Seller Credit* Meticulously Maintained 1-Story Gem located in one of South Austin's most desirable neighborhoods, Parkside at Slaughter Creek. Welcome to this meticulously cared-for 3-bedroom, 2 full bath, 1-story home offering 1,763 sq ft of thoughtfully designed living space. From the moment you arrive, the fresh exterior paint and brand-new roof signal the pride of ownership that extends throughout every corner of this home. Inside, you'll find a generously sized kitchen and open floor plan perfect for everyday living and entertaining. Major systems have been updated for peace of mind, including a newer water heater, fridge, washer & dryer that can convey, making this home truly move-in ready. Step outside to your private patio, an ideal retreat for morning coffee or weekend gatherings. Then take a short stroll to the Parkside at Slaughter Creek hike and bike trail, where Onion Creek winds peacefully alongside the path, offering a rare connection to nature right outside your front door. The neighborhood delivers exceptional outdoor lifestyle amenities, including a main park with a playscape, a greenbelt trail along Slaughter Creek, and charming pocket parks with gazebos throughout this peaceful and friendly community. All of this is just 15-20 minutes from Downtown Austin and Austin-Bergstrom International Airport, with shopping, dining, and entertainment even closer at South Park Meadows. Homes this well-maintained, in a neighborhood this connected to nature and convenience, don't last long! Schedule your showing today!

At $210/sqft, this home is 46% 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

10520 Channel Island Dr, Austin, TX 78747

Property Details

Price $369,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,763 sqft
Lot Size 0.14 acres (6,002.57 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parkside At Slaughter Creek SE
County Travis
Zip Code 78747
$/sqft $210/sqft
Days on Market ,
HOA $170/Semi-Annually
Annual Tax Est. $7,742.14
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228869864
List Date May 7, 2026
Elementary School Blazier
Middle School Paredes
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.

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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 · May 7, 2026 $389,000
Previous ask $374,900
Current ask $369,990
Reduced $19,010 (-4.9%) 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
2002 Charlotte Estates Dr
Crossing At Onion Creek Sec 3&
$359,000 $223 4 bd / 2 ba 1,611 sqft , 2026-08-21
10013 Isle Royale Way
Parkside At Slaughter Creek SE
$385,000 $225 3 bd / 2 ba 1,708 sqft , 2026-07-14
9305 Pioneer Forest Dr
Crossing At Onion Creek Sec 02
$350,000 $186 3 bd / 2 ba 1,880 sqft , 2026-08-04
516 E Slaughter Ln #1704
Ridge/Slaughter Condos Bldg 17
$344,000 $167 3 bd / 4 ba 2,064 sqft , 2026-05-06
2425 National Park Blvd
Parkside At Slaughter Creek Sec 04
$399,000 $228 3 bd / 2 ba 1,749 sqft , 2026-07-15

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
$1,776/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
$73,998
20% conventional investment loan

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

Estimated Gross Rent+$1,776
Principal + Interest−$2,019
Property Tax (~2.1% TX avg)−$647
Insurance (~0.5%)−$154
Est. Monthly Cash Flow $-1,044

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 24, 2026.

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