About This Home

EXCEPTIONAL VALUE IN HARRIS BRANCH community of Northeast Austin. This spacious home features an open-concept layout with abundant natural light and flexible living spaces perfect for everyday living and entertaining. The backyard backs to a peaceful greenbelt, offering added privacy with no immediate rear neighbor. Enjoy neighborhood amenities including a community pool, tennis courts and park. Conveniently located with easy access to major employers, shopping, dining and Austin-area destinations. With generous living space, a greenbelt setting and community amenities, this home offers an outstanding opportunity at this price point. Come see the value for yourself!

At $163/sqft, this home is 58% 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

11209 Drumellan St, Austin, TX 78754

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Property Details

Price $329,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 2,020 sqft

Lot Size 0.10 acres (4,399.56 sqft)

Year Built 2013

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Thornbury Sec 01

County Travis

Zip Code 78754

$/sqft $163/sqft

Days on Market ,

HOA $494/Annually

Annual Tax Est. $7,669.62

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT248294414

List Date October 2, 2026

Elementary School Bluebonnet Trail

Middle School Decker

High School Manor

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

11737 Rydalwater Ln
Harris Branch Ph 01-A Sec 02 $329,750 $164 3 bd / 2 ba 2,016 sqft , 2026-05-07

6229 Minnoch Ln
Thornbury Ii Sec 6 $325,000 $141 4 bd / 3 ba 2,305 sqft , 2026-09-08

10924 Roderick Lawson Ln
Thornbury II Sec 2 $324,900 $182 3 bd / 3 ba 1,788 sqft , 2026-09-17

6801 Cromarty Ln
Belhaven Sec 02 $339,000 $165 3 bd / 2 ba 2,051 sqft , 2026-09-11

6502 Bramber Ln
Harris Branch Ph 01-A Sec 03 $319,000 $201 3 bd / 2 ba 1,590 sqft , 2026-08-31

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

$1,584/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

$65,980

20% conventional investment loan

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

Estimated Gross Rent+$1,584

Principal + Interest−$1,800

Property Tax (~2.1% TX avg)−$577

Insurance (~0.5%)−$137

Est. Monthly Cash Flow $-930

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 October 7, 2026.

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

11209 Drumellan St

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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