About This Home

Canyon Creek a very desirable community due to top rated schools and amenity center pool and parks. This one-story brick home offers new shingles (April 2026), recent HVAC, bamboo floors throughout most of the home, kitchen gas range with vent hood to exterior, updated primary bath, and a great amount of light in this open floorplan. THree bedrooms plus a 4th bedroom that currently functions as a home office with closet and bath access. Fridge, washer and dryer convey.

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

11005 Andenwood Dr, Austin, TX 78726

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Property Details

Price $588,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths 1

Living Area 2,339 sqft

Lot Size 0.17 acres (7,435.69 sqft)

Year Built 1991

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Canyon Creek Sec 01

County Travis

Zip Code 78726

$/sqft $251/sqft

Days on Market ,

HOA $58/Monthly

Annual Tax Est. $9,608

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT245437112

List Date September 2, 2026

Elementary School Canyon Creek

Middle School Noel Grisham

High School Westwood

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

11108 Crossland Dr
CANYON CREEK SEC 1 $589,000 $287 4 bd / 2 ba 2,051 sqft , 2026-05-01

9550 Savannah Ridge Dr #38
Villas At Canyon Creek Condo $589,000 $248 3 bd / 3 ba 2,372 sqft , 2026-08-26

11625 Sweet Basil Ct
Canyon Creek Sec 33 $575,000 $293 4 bd / 2 ba 1,965 sqft , 2026-07-02

11124 Sandstone Trl
Parke at Anderson Mill $675,000 $240 4 bd / 3 ba 2,812 sqft , 2026-09-30

10707 Beckwood Dr
Canyon Creek Sec 01 $680,000 $274 4 bd / 3 ba 2,484 sqft , 2026-06-04

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

$2,822/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

$117,600

20% conventional investment loan

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

Estimated Gross Rent+$2,822

Principal + Interest−$3,209

Property Tax (~2.1% TX avg)−$1,029

Insurance (~0.5%)−$245

Est. Monthly Cash Flow $-1,661

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 September 12, 2026.

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

11005 Andenwood Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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