Active Listing  ·  134 days on market

11115 Shady Hollow Dr

Austin, TX 78748
$775,000
4 Bed 3 Bath 2,711 sqft $286/sqft Built 1990 0.59 acres 2-Car Garage Pool Shady Hollow Add

Discover an incredible opportunity in the heart of the original section of Shady Hollow. This spacious 1990-built home offers 2,711 sq ft with 4 bedrooms and 3 bathrooms, perfectly situated on a generous 0.590-acre lot. Enjoy the tranquility of beautiful, mature oak trees and a backyard that backs to a large greenbelt and park.

The primary suite is conveniently located downstairs, boasting tall ceilings, a large walk-in closet, a luxurious jacuzzi tub, and a separate shower. Upstairs, you'll find two additional bedrooms, a full bath, and a landing area. A unique feature is the fourth bedroom/office downstairs, which has its own full bathroom.

The formal living room is anchored by a tall brick column fireplace that is double-sided, opening also to the kitchen area. The kitchen is adjacent to a cozy breakfast room and den, featuring a second fireplace—perfect for relaxing nights.

The East-facing backyard is designed for enjoyment, offering a covered patio and two large workshops/storage sheds, both equipped with A/C! For peace of mind, the property also includes a Generac Generator to ensure uninterrupted power.

At $286/sqft, this home is 27% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

11115 Shady Hollow Dr, Austin, TX 78748

Property Details

Price $775,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,711 sqft
Lot Size 0.59 acres (25,717.82 sqft)
Year Built 1990
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shady Hollow Add
County Travis
Zip Code 78748
$/sqft $286/sqft
Days on Market ,
HOA $280/Semi-Annually
Annual Tax Est. $11,658.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222305819
List Date March 23, 2026
Elementary School Baranoff
Middle School Bailey
High School Bowie
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.

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
8910 Spicebrush Dr
Great Hills Sec 25
$775,000 $362 3 bd / 3 ba 2,139 sqft , 2026-05-08
2909 E 3rd St #2
Div B Pannell Place
$775,000 $426 3 bd / 3 ba 1,820 sqft , 2026-05-12
5421 Korth Dr
Village At Western Oaks
$775,000 $243 4 bd / 3 ba 3,185 sqft , 2026-06-19
5004 Pack Saddle Pass
Western Trails Sec 08
$775,000 $331 4 bd / 3 ba 2,342 sqft , 2026-07-09
5005 Buffalo Pass
Western Trails Estates
$775,000 $379 4 bd / 2 ba 2,044 sqft , 2026-07-16

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
$3,720/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
$155,000
20% conventional investment loan

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

Estimated Gross Rent+$3,720
Principal + Interest−$4,229
Property Tax (~2.1% TX avg)−$1,356
Insurance (~0.5%)−$323
Est. Monthly Cash Flow $-2,188

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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