Active Listing  ·  19 days on market

10616 Marshitahs Way

Austin, TX 78748
$305,000
3 Bed 2 Bath 1,290 sqft $236/sqft Built 2001 0.10 acres 1-Car Garage Pool Saddlewood Estates Sec 02

This delightful 3-bedroom, 2-bath home in Saddlewood Estates offers an open living area that flows easily to the kitchen and out to a private, fully fenced backyard with a pergola, storage shed, and a mature tree. The kitchen features a newer stove and dishwasher, and the washer and dryer stay with the home. Upstairs you’ll find three comfortable bedrooms and two full bathrooms, while the main level provides convenient living and dining space. Major systems are already in great shape with a new roof installed in early 2025 and an HVAC system updated in 2022. The neighborhood connects directly to the Slaughter Creek greenbelt with its beautifully maintained hike and bike trails. Enjoy a walkable South Austin location near The Hive, local bars, and a gas station, with H-E-B and other everyday shops just about a mile away.

At $236/sqft, this home is 40% 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

10616 Marshitahs Way, Austin, TX 78748

Property Details

Price $305,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,290 sqft
Lot Size 0.10 acres (4,399.56 sqft)
Year Built 2001
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Saddlewood Estates Sec 02
County Travis
Zip Code 78748
$/sqft $236/sqft
Days on Market ,
HOA $137/Semi-Annually
Annual Tax Est. $6,512.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247162683
List Date September 19, 2026
Elementary School Kocurek
Middle School Bailey
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 · September 19, 2026 $305,000
Previous ask $320,000
Current ask $305,000
▲ Increased , (+0.0%) 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
1516 Catalan Rd #502
Smithfield Condos
$314,999 $201 3 bd / 3 ba 1,565 sqft , 2026-10-03
10600 N Platt River Dr
Texas Oaks Sec 09
$295,000 $245 3 bd / 2 ba 1,203 sqft , 2026-04-19
1804 Monks Tale Ct
Canterbury Trails Sec 03
$319,000 $251 3 bd / 2 ba 1,271 sqft , 2026-10-08
11803 Bracco Dr
Smithfield
$289,000 $194 3 bd / 3 ba 1,493 sqft , 2026-06-25
1513 Canon Yeomans Trl
Canterbury Trails Sec 02
$325,000 $256 3 bd / 2 ba 1,271 sqft , 2026-08-21

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
$1,464/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
$61,000
20% conventional investment loan

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

Estimated Gross Rent+$1,464
Principal + Interest−$1,665
Property Tax (~2.1% TX avg)−$534
Insurance (~0.5%)−$127
Est. Monthly Cash Flow $-862

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 October 6, 2026.

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