Active Listing  ·  17 days on market

10801 Meris Ln

Austin, TX 78754
$349,000
3 Bed 2 Bath 1,356 sqft $257/sqft Built 2021 0.11 acres 2-Car Garage Pool Pioneer Hill

Back on the market and ready for its next owner! This beautifully maintained 3-bedroom, 2-bath home in the desirable Pioneer Hill community features a bright open-concept layout, luxury vinyl plank flooring throughout the main living areas, and a spacious kitchen with quartz countertops, stainless steel appliances, a large breakfast bar, and abundant cabinet space. The private primary suite offers a relaxing retreat, and the full sprinkler system adds everyday convenience. Enjoy an excellent location with quick access to Downtown Austin, The Domain, Apple, Dell, Samsung, IBM, shopping, dining, and major highways. A brand-new refrigerator will be installed prior to closing.

At $257/sqft, this home is 34% 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

10801 Meris Ln, Austin, TX 78754

Property Details

Price $349,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,356 sqft
Lot Size 0.11 acres (4,800.31 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Pioneer Hill
County Travis
Zip Code 78754
$/sqft $257/sqft
Days on Market ,
HOA $45/Monthly
Annual Tax Est. $7,485.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242456214
List Date August 5, 2026
Elementary School Pioneer Crossing
Middle School Decker
High School Manor
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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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
1000 Hollybluff St
North Acres Sec 02
$349,900 $213 3 bd / 2 ba 1,646 sqft , 2026-03-29
11201 Brushy Glen Dr
Woodcliff Amd
$348,000 $244 3 bd / 2 ba 1,428 sqft , 2026-07-03
11005 Bruneau Trl
Walnut Creek Enclave Condomini
$359,900 $212 3 bd / 2 ba 1,695 sqft , 2026-08-12
10724 Deaton Ln
Pioneer Hill Sec 5
$359,900 $216 4 bd / 2 ba 1,670 sqft , 2026-08-14
10001 Woodglen Dr
Windsor Hills Sec 05
$365,000 $218 3 bd / 2 ba 1,677 sqft , 2026-04-12

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
$1,675/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
$69,800
20% conventional investment loan

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

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (~2.1% TX avg)−$611
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-986

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 August 11, 2026.

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