Active Listing  ·  91 days on market

11304 Canterbury Tales Ln

Austin, TX 78748
$395,000
3 Bed 3 Bath 1,736 sqft $228/sqft Built 1999 0.11 acres 2-Car Garage Pool Canterbury Trails Sec 04

Seller is willing to contribute to cover some of the buyers closing cost or towards a rate buy down, Reach out to listing agent for more details. All appliances are included. Charming Two story brick home in popular South Austin neighborhood. Offering the perfect blend of comfort, functionality, and location, this home is designed for modern living in a highly desirable area. Inside, you’ll find two spacious living areas, ideal for both entertaining and everyday living. The open-concept kitchen is seamlessly connecting to the main living space and offering flexibility to fit your lifestyle. Upstairs, all bedrooms are thoughtfully positioned for privacy, including a generously sized primary suite with ample space to unwind. An additional upstairs flex area provides the perfect opportunity for a game room, home office, or second living space.Step outside to enjoy a large covered patio overlooking a private backyard—perfect for relaxing, hosting gatherings, or creating your own outdoor retreat. HVAC replaced in 2018, water heater in 2022. Located just minutes from South Austin’s most popular entertainment and dining hotspots along Menchaca Road. Move-in ready and full of potential, don’t miss your chance to make it yours.

At $228/sqft, this home is 42% 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

11304 Canterbury Tales Ln, Austin, TX 78748

Property Details

Price $395,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,736 sqft
Lot Size 0.11 acres (4,708.84 sqft)
Year Built 1999
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Canterbury Trails Sec 04
County Travis
Zip Code 78748
$/sqft $228/sqft
Days on Market ,
HOA $51/Quarterly
Annual Tax Est. $8,872.25
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228116718
List Date May 5, 2026
Elementary School Menchaca
Middle School Paredes
High School Akins
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
1101 Huntridge Dr
Gracywoods Sec 02
$395,000 $250 3 bd / 2 ba 1,580 sqft , 2026-03-14
1800 Lavaca St #A108
Greenwood Towers Amd
$395,000 $307 3 bd / 2 ba 1,288 sqft , 2025-06-01
4913 Single Shot #B Cir
Fort View Hills Sec 01
$395,000 $325 2 bd / 3 ba 1,215 sqft , 2026-01-14
6614 Roseborough Dr
Bend At Nuckols Crossing Ph 01
$395,000 $190 4 bd / 3 ba 2,074 sqft , 2026-05-24
8319 Laughlin Ln
Mirabel Park Ph 1 Sec 2C
$395,000 $238 3 bd / 3 ba 1,660 sqft , 2026-05-28

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
$1,896/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
$79,000
20% conventional investment loan

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

Estimated Gross Rent+$1,896
Principal + Interest−$2,156
Property Tax (~2.1% TX avg)−$691
Insurance (~0.5%)−$165
Est. Monthly Cash Flow $-1,116

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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