About This Home

MLS# 8061917 - Built by Trophy Signature Homes - Oct 2026 completion! ~ The Diamond is a flawless floor plan balancing communal and private living areas. The great room is central where dazzling sunlight illuminates your weekly Super Smash Bros tournament. Popcorn popped on the gleaming kitchen island refuels players between games. You will treasure time spent in the alluring primary suite while curl up with books in their large bedrooms. Serve dinner al fresco on the large, covered patio when it’s time to bring everyone together again.

At $223/sqft, this home is 43% 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

11016 Mystic Timber Dr, Austin, TX 78754

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Property Details

Price $409,990

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,840 sqft

Lot Size 0.12 acres (5,270.76 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Evelyn

County Travis

Zip Code 78754

$/sqft $223/sqft

Days on Market ,

HOA $75/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT240991031

List Date July 23, 2026

Elementary School Bluebonnet Trail

Middle School Decker

High School Manor

School District ,

Have Questions About This Property?

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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

11004 Mystic Timber Dr
Evelyn $409,990 $223 3 bd / 2 ba 1,840 sqft , 2026-07-23

4729 Bridwell None
Evelyn $409,990 $244 3 bd / 2 ba 1,678 sqft , 2026-07-23

4707 Native Pearl None
Evelyn $409,990 $223 3 bd / 2 ba 1,840 sqft , 2026-07-23

4705 Native Pearl None
Evelyn $410,990 $203 4 bd / 3 ba 2,025 sqft , 2026-07-23

11012 Mystic Timber Dr
Evelyn $406,990 $224 4 bd / 2 ba 1,816 sqft , 2026-07-23

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

$1,968/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

$81,998

20% conventional investment loan

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

Estimated Gross Rent+$1,968

Principal + Interest−$2,237

Property Tax (~2.1% TX avg)−$717

Insurance (~0.5%)−$171

Est. Monthly Cash Flow $-1,157

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 July 24, 2026.

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

11016 Mystic Timber Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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