About This Home

Gem alert! This fully renovated move in ready 2-story sits on a quiet cul-de-sac with no back-yard neighbors, backing to green space. Quick access to IH-35, 290 & 183. New paint in/out, wood-look tile flooring, and a stunning kitchen with quartz counters, farmhouse sink & new cabinets. Downstairs primary w/ renovated bath & dream closet system. Upstairs: luxury vinyl, grand loft & 2nd primary w/ armoire closet. Mud/laundry rm w/ utility sink. Covered patio. Homes like this don’t exist in Austin! Don’t miss your opportunity to make this home yours!

At $191/sqft, this home is 51% 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

10936 Short Springs Dr, Austin, TX 78754

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Property Details

Price $465,000

Status Active Listing

Beds 5

Full Baths 2

Half Baths 1

Living Area 2,433 sqft

Lot Size 0.19 acres (8,167.5 sqft)

Year Built 2008

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Pioneer Crossing East Sec 10

County Travis

Zip Code 78754

$/sqft $191/sqft

Days on Market ,

HOA $46/Monthly

Annual Tax Est. $8,973.3

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT243176125

List Date August 12, 2026

Elementary School Pioneer Crossing

Middle School Decker

High School Manor

School District ,

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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

10907 Mystic Timber Dr
Evelyn $461,940 $251 4 bd / 2 ba 1,841 sqft , 2026-08-05

11228 Barn Owl Dr
Pioneer Crossing East Sec 09 $469,500 $165 4 bd / 3 ba 2,852 sqft , 2026-06-18

10909 Mystic Timber Dr
Evelyn $457,460 $248 4 bd / 2 ba 1,841 sqft , 2026-08-05

4706 Native Pearl None
Evelyn $473,734 $185 4 bd / 3 ba 2,557 sqft , 2026-06-08

4809 Native Pearl None
Evelyn $449,070 $244 4 bd / 2 ba 1,841 sqft , 2026-06-26

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

$2,232/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

$93,000

20% conventional investment loan

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

Estimated Gross Rent+$2,232

Principal + Interest−$2,538

Property Tax (~2.1% TX avg)−$814

Insurance (~0.5%)−$194

Est. Monthly Cash Flow $-1,314

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 15, 2026.

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

10936 Short Springs Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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