About This Home

Wonderful opportunity for a 5 bedroom home in the sought-after Stablewood at Slaughter Creek neighborhood! Home boasts a great open layout; sweeping breakfast bar that opens to the living area, 1-bedroom and full bathroom downstairs, 4 bedrooms upstairs plus a flex space. Owner updates include new flooring downstairs + fresh kitchen counters. Home sits on a cul-de-sac with a beautiful backyard to boot! Neighborhood amenities include a playground and pool. Great location close to Southpark Meadows with tons of shopping/dining options and easy access to I-35 & FM 1626. Must see this gem!

At $191/sqft, this home is 51% 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

10901 Mint Julep Dr, Austin, TX 78748

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Property Details

Price $530,000

Status Active Listing

Beds 5

Full Baths 3

Half Baths ,

Living Area 2,782 sqft

Lot Size 0.15 acres (6,359.76 sqft)

Year Built 2000

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Stablewood At Slaughter Creeksec 03

County Travis

Zip Code 78748

$/sqft $191/sqft

Days on Market ,

HOA $363/Annually

Annual Tax Est. $9,416.86

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT239079088

List Date July 10, 2026

Elementary School Menchaca

Middle School Paredes

High School Akins

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.

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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

6210 Haney Dr
Windsor Park 02 Sec 04 $530,000 $270 4 bd / 2 ba 1,960 sqft , 2026-06-13

12113 Black Angus Dr
Champions Forest $530,000 $244 4 bd / 3 ba 2,174 sqft , 2026-05-22

3313 Burks Ln
Steiner Ranch Ph 01 Sec 04A $530,000 $269 4 bd / 2 ba 1,971 sqft , 2026-07-08

8517 Dongan Dr
Easton Park $529,990 $196 4 bd / 4 ba 2,709 sqft , 2026-05-12

10204 Andora Dr
Davis Spring Sec 03-B $529,100 $225 4 bd / 2 ba 2,354 sqft , 2026-03-17

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

$2,544/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

$106,000

20% conventional investment loan

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

Estimated Gross Rent+$2,544

Principal + Interest−$2,892

Property Tax (~2.1% TX avg)−$928

Insurance (~0.5%)−$221

Est. Monthly Cash Flow $-1,497

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

10901 Mint Julep Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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