Active Listing  ·  80 days on market

10905 Rock Island Dr #57

Austin, TX 78717
$450,000
3 Bed 3 Bath 1,815 sqft $248/sqft Built 2014 1-Car Garage Pool NORTHWOODS AVERY STATION CONDO

Welcome to easy, low-maintenance living in one of Northwest Austin’s most charming gated communities. The Cottages at Northwoods at Avery Ranch offers inviting Craftsman-style architecture and beautifully maintained surroundings with true lock-and-leave convenience. Step through the cheerful front door into a bright open-concept layout filled with natural light. Large front windows, high ceilings, detailed millwork, and fresh interior paint create a warm yet elevated feel. The kitchen, dining, and living spaces flow seamlessly together, making the home ideal for entertaining or relaxing evenings at home. A built-in banquette adds both charm and functionality while connecting the kitchen and living area. The primary suite is conveniently located on the main level and features a spacious en suite bath with an oversized walk-in shower, double vanity with granite countertops, and a generous walk-in closet. Upstairs, a cozy landing offers flexible space for a reading nook, homework station, or small office, while two spacious secondary bedrooms share a full bath. The HOA maintains the front landscaping, while the xeriscaped backyard minimizes outdoor upkeep so you can spend more time enjoying your home. Residents also enjoy gated access, maintained common areas, and an exceptional amenity center, all just minutes from shopping, dining, major commuter routes, and North Austin employers. Whether you’re looking for a primary residence, simplified lifestyle, or easy-to-maintain investment, this home offers a rare blend of charm, convenience, and value in a highly desirable area. **New roof being installed 5/29/26**

At $248/sqft, this home is 37% 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

10905 Rock Island Dr #57, Austin, TX 78717

Property Details

Price $450,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,815 sqft
Lot Size ,
Year Built 2014
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision NORTHWOODS AVERY STATION CONDO
County Williamson
Zip Code 78717
$/sqft $248/sqft
Days on Market ,
HOA $193/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230287540
List Date May 16, 2026
Elementary School Purple Sage
Middle School Pearson Ranch
High School McNeil
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 · May 16, 2026 $475,000
Current ask $450,000
Reduced $25,000 (-5.3%) 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
7900 Clydesdale Dr
Southampton Sec 3-a
$450,000 $365 3 bd / 2 ba 1,234 sqft , 2025-11-08
504 Heartwood Dr
Community Fairview Sec 02
$450,000 $331 3 bd / 2 ba 1,358 sqft , 2026-03-19
5605 Overbrook Dr
Manor Hills Sec 03
$450,000 $329 3 bd / 2 ba 1,367 sqft , 2025-10-23
3618 Kennedy Grace Way
Preston Village
$450,000 $186 4 bd / 3 ba 2,413 sqft , 2026-04-07
16505 Castletroy Dr
Avery Ranch East Ph 01
$450,000 $240 3 bd / 2 ba 1,872 sqft , 2026-04-15

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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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