About This Home

MLS# 3064876 - Built by Century Communities - Aug 2026 Completion! ~ The one-story Laurel 2 plan at Aire at Evelyn was perfectly designed for modern living. A welcoming open layout lies at the heart of the home, showcasing a sunlit great room, a dining area, and a large kitchen with a wraparound counter, a center island, and a walk-in pantry. The inviting primary suite is adjacent, boasting a large walk-in closet and an attached bath. Two secondary bedrooms each offer their own walk-in closet.

At $246/sqft, this home is 37% 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 True Valor Dr, Austin, TX 78653

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $417,365

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,698 sqft

Lot Size 0.16 acres (7,008.8 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Evelyn

County Travis

Zip Code 78653

$/sqft $246/sqft

Days on Market ,

HOA $225/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT232230470

List Date June 1, 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

5214 Monarda Mint Dr
Cameron Place $415,951 $205 4 bd / 3 ba 2,029 sqft , 2026-06-09

3602 Overlord Ln
Pioneer Xing East Sec 19 $414,999 $225 4 bd / 2 ba 1,845 sqft , 2026-07-17

3608 Overlord Ln
Pioneer Xing East Sec 19 $420,000 $205 4 bd / 2 ba 2,050 sqft , 2026-07-17

5613 Koshoa Dr
Evelyn $414,385 $207 4 bd / 3 ba 2,003 sqft , 2026-08-18

10917 Tallsalt Dr
Evelyn $413,970 $207 4 bd / 3 ba 2,003 sqft , 2026-07-14

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

$2,003/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

$83,473

20% conventional investment loan

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

Estimated Gross Rent+$2,003

Principal + Interest−$2,278

Property Tax (~2.1% TX avg)−$730

Insurance (~0.5%)−$174

Est. Monthly Cash Flow $-1,179

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 2, 2026.

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

11016 True Valor 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