About This Home

Great 3-2-2 in excellent location ready to move in. Must see

At $258/sqft, this home is 34% 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

10600 N Platt River Dr, Austin, TX 78748

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Property Details

Price $309,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,203 sqft

Lot Size 0.10 acres (4,242.74 sqft)

Year Built 1986

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Texas Oaks Sec 09

County Travis

Zip Code 78748

$/sqft $258/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $7,109.43

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT225683102

List Date April 19, 2026

Elementary School Casey

Middle School Paredes

High School Akins

School District ,

Have Questions About This Property?

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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

11815 Lochridge Dr #A
Quail Hollow Sec 07 $309,900 $269 3 bd / 2 ba 1,150 sqft , 2026-05-06

11815 Lochridge Dr #B
Quail Hollow Sec 07 $309,900 $295 3 bd / 2 ba 1,050 sqft , 2026-05-14

1121 Peggotty Pl
Copperfield Sec 02-D $309,999 $285 3 bd / 2 ba 1,086 sqft , 2026-04-16

110 W Garrett Run
Western Trails Of Quail Creeks $310,000 $218 3 bd / 2 ba 1,420 sqft , 2026-03-19

2801 Rio Grande St #203
Parapet Condo $310,000 $373 2 bd / 2 ba 832 sqft , 2026-04-04

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

$1,488/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

$61,980

20% conventional investment loan

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

Estimated Gross Rent+$1,488

Principal + Interest−$1,691

Property Tax (~2.1% TX avg)−$542

Insurance (~0.5%)−$129

Est. Monthly Cash Flow $-874

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

10600 N Platt River Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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