Active Listing  ·  11 days on market

1108 Gobi Dr

Austin, TX 78745
$490,000
4 Bed 3 Bath 1,994 sqft $246/sqft Built 1971 0.31 acres Pool Oasis Village Sec 04

Discover a harmonious blend of comfort and convenience in this captivating Austin residence. This single-story home, boasting four well-appointed bedrooms and two full bathrooms with one half-bath offers an ideal layout for both relaxation and entertaining. The generous living area spans 1494 square feet, providing ample space for everyday living. Situated on a substantial 0.31-acre lot, this property presents a rare opportunity for expansive outdoor enjoyment and personal landscaping visions. The considerable lot size of 13,586 square feet offers a private oasis within the vibrant city.

Experience the quintessential Austin lifestyle from this desirable location. The neighborhood's charm and accessibility enhance the appeal of this inviting home. Enjoy the benefits of a prime address, connecting you to local amenities and the unique culture of Austin. This residence is a true gem, offering a serene escape while keeping you close to everything the city has to offer. Embrace the opportunity to create lasting memories in this exceptional property.

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

1108 Gobi Dr, Austin, TX 78745

Property Details

Price $490,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,994 sqft
Lot Size 0.31 acres (13,586.36 sqft)
Year Built 1971
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Oasis Village Sec 04
County Travis
Zip Code 78745
$/sqft $246/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,841.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243332354
List Date August 13, 2026
Elementary School Odom
Middle School Bedichek
High School Crockett
School District ,

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.

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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
304 Skyloop Dr
Buckingham Ridge Sec 02
$485,000 $343 3 bd / 2 ba 1,412 sqft , 2026-05-26
6409 Bradsher None #B
Sunnyvale
$485,000 $350 3 bd / 3 ba 1,385 sqft , 2026-06-04
1905 Bissel Ln
Matthews Place
$485,000 $312 3 bd / 2 ba 1,555 sqft , 2026-06-06
5919 Idlewood Cv
Flournoys Sweetbriar Sec 10
$499,000 $327 4 bd / 2 ba 1,524 sqft , 2026-05-19
1325 Central Park Ct
Central Park (Salem Center Resub Of Lt B-1)
$499,000 $330 3 bd / 3 ba 1,514 sqft , 2026-06-24

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
$2,352/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
$98,000
20% conventional investment loan

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

Estimated Gross Rent+$2,352
Principal + Interest−$2,674
Property Tax (~2.1% TX avg)−$858
Insurance (~0.5%)−$204
Est. Monthly Cash Flow $-1,384

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

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 14, 2026.

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