About This Home

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 $243/sqft, this home is 38% 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

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $329,000

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 $243/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 ,

Have Questions About This Property?

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 →

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 · August 5, 2026 $349,000

Current ask $329,000

▼ Reduced $20,000 (-5.7%) 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

11312 Gadsen Ln
Creekside $325,000 $187 3 bd / 3 ba 1,738 sqft , 2026-09-14

2006 Langdale Ln
Pioneer Hill Sec 3 $335,000 $255 3 bd / 3 ba 1,314 sqft , 2026-08-20

1700 Arborside Dr
Pioneer Hill $320,000 $231 3 bd / 3 ba 1,383 sqft , 2026-08-02

2216 Dickinson Ter
Pioneer Crossing East $339,000 $232 3 bd / 2 ba 1,464 sqft , 2026-09-19

1706 Tun Tavern Trl
Creekside/Pioneer Xing West Co $314,900 $174 3 bd / 3 ba 1,810 sqft , 2026-07-27

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

$1,579/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

$65,800

20% conventional investment loan

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

Estimated Gross Rent+$1,579

Principal + Interest−$1,795

Property Tax (~2.1% TX avg)−$576

Insurance (~0.5%)−$137

Est. Monthly Cash Flow $-929

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

About the Author

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 7, 2026.

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

10801 Meris Ln