Active Listing  ·  116 days on market

10603 Valley Vista Rd

Austin, TX 78737
$950,000
3 Bed 3 Bath 2,295 sqft $414/sqft Built 1977 5.01 acres 2-Car Garage Pool Cedar Valley

Rare opportunity to own 5 acres just off Hwy 290, south of the Y—offering privacy, flexibility, and convenience only 15 miles from Downtown Austin and within the Austin ISD school district. The property presents an excellent opportunity to renovate the existing residence or build your dream home. Existing improvements include a residence, detached garage, RV parking, and a standout 2,400 SF climate-controlled, fully insulated steel building with a 360 SF internal office—ideal for a workshop or studio. Exceptional close-in acreage with endless potential.

At $414/sqft, this home is priced 6% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

10603 Valley Vista Rd, Austin, TX 78737

Property Details

Price $950,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,295 sqft
Lot Size 5.01 acres (218,061.36 sqft)
Year Built 1977
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cedar Valley
County Travis
Zip Code 78737
$/sqft $414/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,898.95
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221954654
List Date April 10, 2026
Elementary School Baldwin
Middle School Gorzycki
High School Bowie
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
7207 Mesa Dr
Highland Hills Northwest Sec 1
$950,000 $356 4 bd / 2 ba 2,672 sqft , 2026-02-25
708 W Elizabeth St
South Heights
$950,000 $568 3 bd / 2 ba 1,674 sqft , 2026-04-29
9803 Ribelin Ranch Ct #19
VUE at 2222
$950,000 $399 4 bd / 4 ba 2,378 sqft , 2026-06-12
12007 Beautybrush Dr
East Village
$950,000 $383 3 bd / 3 ba 2,481 sqft , 2026-06-18
6308 Nasco Dr
Allandale
$950,000 $634 3 bd / 2 ba 1,498 sqft , 2026-05-18

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
$4,560/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
$190,000
20% conventional investment loan

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

Estimated Gross Rent+$4,560
Principal + Interest−$5,185
Property Tax (~2.1% TX avg)−$1,663
Insurance (~0.5%)−$396
Est. Monthly Cash Flow $-2,684

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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