About This Home

MLS# 5622566 - Built by Century Communities - Nov 2026 completion! ~ The open layout at the heart of the Heron showcases a sunlit, spacious great room, a dining area, and an impressive kitchen with a walk-in pantry and a center island. The serene primary suite is adjacent, offering a restful retreat at the end of hectic days. Enjoy a walk-in closet and an attached bath with dual sinks and a walk-in shower. Toward the front of the home, you’ll find three bedrooms, one with a walk-in closet, flanking a full bath. A central laundry adds convenience.

At $251/sqft, this home is 36% 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

10907 Mystic Timber Dr, Austin, TX 78754

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $461,940

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,841 sqft

Lot Size 0.12 acres (5,401.44 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Evelyn

County Travis

Zip Code 78754

$/sqft $251/sqft

Days on Market ,

HOA $225/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT242400173

List Date August 5, 2026

Elementary School Bluebonnet Trail

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 →

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

4800 Bridwell None
Evelyn $461,805 $259 3 bd / 2 ba 1,786 sqft , 2026-06-02

11024 True Valor Dr
Evelyn $459,110 $192 4 bd / 3 ba 2,396 sqft , 2026-06-01

4704 Native Pearl None
Evelyn $459,097 $197 3 bd / 3 ba 2,335 sqft , 2026-06-26

10936 Short Springs Dr
Pioneer Crossing East Sec 10 $465,000 $191 5 bd / 3 ba 2,433 sqft , 2026-08-12

11016 Monument Valley Dr
Evelyn $465,045 $206 3 bd / 3 ba 2,253 sqft , 2026-06-02

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

$2,217/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

$92,388

20% conventional investment loan

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

Estimated Gross Rent+$2,217

Principal + Interest−$2,521

Property Tax (~2.1% TX avg)−$808

Insurance (~0.5%)−$192

Est. Monthly Cash Flow $-1,304

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 August 6, 2026.

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

10907 Mystic Timber Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

More Luxury Homes in Austin

Explore Austin Real Estate