About This Home

Modern living in a convenient North Austin location! This beautifully designed home features a bright, open-concept layout with contemporary finishes and abundant natural light throughout. The stylish kitchen offers quartz countertops, stainless steel appliances, and plenty of space for cooking and entertaining. Upstairs, the spacious primary suite includes a walk-in closet and a spa-inspired bath. Enjoy your own private backyard, perfect for relaxing or entertaining. Ideally located near shopping, dining, and major commuter routes, with easy access to everything North Austin has to offer. A clean, modern home that's move-in ready and waiting for its next residents!

At $300/sqft, this home is 23% 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

106 W Fawnridge Dr #1, Austin, TX 78753

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Property Details

Price $525,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,752 sqft

Lot Size 0.22 acres (9,513.5 sqft)

Year Built 2024

Garage ,

Stories ,

Type Residential · See Remarks

Subdivision Georgian & Fawnridge Add

County Travis

Zip Code 78753

$/sqft $300/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $10,484.45

Pool ,

Waterfront ,

New Construction ,

MLS # ACT247376736

List Date September 19, 2026

Elementary School Barrington

Middle School Webb

High School Navarro Early College

School District ,

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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

1315 Quail Park Dr
Quail Creek Ph 02 Sec 01 $524,900 $262 4 bd / 3 ba 2,006 sqft , 2026-09-02

9202 Hunters Trce
Quail Creek West Sec 03 $530,000 $303 4 bd / 2 ba 1,749 sqft , 2026-08-17

9004 Blue Quail Dr
Quail Creek Sec 02 $519,000 $330 3 bd / 2 ba 1,574 sqft , 2026-07-17

8300 Grayledge Dr
Heritage Hills Sec 02 $515,000 $245 4 bd / 3 ba 2,100 sqft , 2026-08-03

1503 Desert Quail Ln
Quail Creek West Ph 02 Sec 01 $550,000 $250 4 bd / 3 ba 2,198 sqft , 2026-07-10

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

$2,520/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

$105,000

20% conventional investment loan

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

Estimated Gross Rent+$2,520

Principal + Interest−$2,865

Property Tax (~2.1% TX avg)−$919

Insurance (~0.5%)−$219

Est. Monthly Cash Flow $-1,483

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

About the Author

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 21, 2026.

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

106 W Fawnridge Dr #1

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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