Active Listing  ·  182 days on market

10706 Creek View Dr

Austin, TX 78748
$524,000
2 Bed 2 Bath 1,257 sqft $417/sqft Built 1991 1.94 acres 2-Car Garage Pool Slaughter Creek Acres

A rare opportunity to own nearly 2 acres in South Austin, offering the space & flexibility to create a lifestyle that’s increasingly hard to find. Your expansive lot opens the door to future additions, a workshop, pool, or simply enjoying wide-open space under mature trees, all while maintaining a sense of privacy & possibility. Ideally positioned just minutes from I-35 & Slaughter Ln, you’ll enjoy convenient access to dining, shopping, & daily essentials, along w/ nearby schools including Casey Elementary & Akins High. Inside, your layout invites connection & functionality, w/ an open flow between living, dining, & kitchen spaces that makes both entertaining & everyday living feel effortless, anchored by a cozy fireplace that naturally draws people together. A primary bedroom on the main level adds convenience, while your surrounding acreage creates endless potential to shape your next chapter.

At $417/sqft, this home is priced 6% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

10706 Creek View Dr, Austin, TX 78748

Property Details

Price $524,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,257 sqft
Lot Size 1.94 acres (84,288.6 sqft)
Year Built 1991
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Slaughter Creek Acres
County Travis
Zip Code 78748
$/sqft $417/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $858
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225671431
List Date April 9, 2026
Elementary School Casey
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 · April 9, 2026 $649,000
Previous ask $549,000
Current ask $524,000
▼ Reduced $125,000 (-19.3%) 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
10303 Gail Rd #1
Ford Oaks Annex Resub
$500,000 $313 3 bd / 3 ba 1,595 sqft , 2026-10-01
10310 Menchaca Rd
Ford Oaks Annex
$399,000 $317 2 bd / 2 ba 1,258 sqft , 2026-09-18
913 Boatswain Way
Searight Village Condo
$375,000 $222 3 bd / 3 ba 1,692 sqft , 2026-08-21
1300 Falconer Way
Summerrow
$365,000 $219 3 bd / 3 ba 1,667 sqft , 2026-08-05
11515 Easy St
Mooreland Add
$349,000 $260 3 bd / 2 ba 1,340 sqft , 2026-08-13

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
$2,515/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
$104,800
20% conventional investment loan

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

Estimated Gross Rent+$2,515
Principal + Interest−$2,860
Property Tax (~2.1% TX avg)−$917
Insurance (~0.5%)−$218
Est. Monthly Cash Flow $-1,480

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 8, 2026.

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