About This Home

MLS# 8918300 - Built by Century Communities - Oct 2026 completion! ~ The charming Cedar plan at Aire at Evelyn offers four roomy bedrooms, including a primary suite with a private bath and a walk-in closet. An open-concept layout is adjacent, showcasing a sunny great room, a dining area, and an impressive kitchen with a center island and built-in pantry. Also includes second bath, front porch, and 2-bay garage.

At $250/sqft, this home is 36% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

10841 Tallsalt Dr, Austin, TX 78653

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Property Details

Price $395,990

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,587 sqft

Lot Size 0.15 acres (6,551.42 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Evelyn

County Travis

Zip Code 78653

$/sqft $250/sqft

Days on Market ,

HOA $225/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236388737

List Date June 15, 2026

Elementary School Bluebonnet Trail

Middle School Decker

High School Manor

School District ,

Have Questions About This Property?

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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

8820 Marmoset Way
Prospect Park Ph 1 $395,990 $244 3 bd / 3 ba 1,622 sqft , 2026-07-09

2502 Leon St #505
Texan Shoal Creek $396,000 $376 3 bd / 2 ba 1,054 sqft , 2025-06-09

2320 Gracy Farms Ln #1414
Stoneleigh Condo Amd $395,911 $332 3 bd / 2 ba 1,192 sqft , 2026-02-02

5263 MEADOW CREEK Dr
EMERALD FOREST SEC 5 $395,800 $280 3 bd / 2 ba 1,413 sqft , 2026-05-19

1101 Huntridge Dr
Gracywoods Sec 02 $395,000 $250 3 bd / 2 ba 1,580 sqft , 2026-03-14

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

$1,901/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

$79,198

20% conventional investment loan

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

Estimated Gross Rent+$1,901

Principal + Interest−$2,161

Property Tax (~2.1% TX avg)−$693

Insurance (~0.5%)−$165

Est. Monthly Cash Flow $-1,118

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

10841 Tallsalt Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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