Active Listing  ·  156 days on market

11304 Canterbury Tales Ln

Austin, TX 78748
$383,000
3 Bed 3 Bath 1,736 sqft $221/sqft Built 1999 0.11 acres 2-Car Garage Pool Canterbury Trails Sec 04

Welcome to this well maintained two-story brick home in a desirable South Austin neighborhood. Featuring a spacious, open-concept layout, this home offers a beautifully updated kitchen with new quartz countertops, generous living areas, and an additional upstairs flex space. Step outside to a large covered patio overlooking a private backyard an ideal setting for relaxing or entertaining. Additional features include a kitchen water filtration system and dimmer lighting in the main living areas.

Enjoy a convenient South Austin location just minutes from the popular Menchaca Road dining and entertainment district, with easy access to shopping and everyday conveniences. Move-in ready, well cared for, appliances included and buyer incentives are available!

Come see everything this South Austin home has to offer.

At $221/sqft, this home is 44% 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

11304 Canterbury Tales Ln, Austin, TX 78748

Property Details

Price $383,000
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 $221/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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 5, 2026 $425,000
Previous ask $395,000
Current ask $383,000
▼ Reduced $42,000 (-9.9%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
2028 Desco Dr
Hillcrest Sec 01
$385,000 $203 3 bd / 3 ba 1,898 sqft , 2026-08-07
10028 Wading Pool Path
Hollow At Slaughter Creek Sec
$379,900 $193 3 bd / 3 ba 1,973 sqft , 2026-06-25
2612 Georgia Coleman Bnd
OLYMPIC HEIGHTS
$379,000 $265 3 bd / 3 ba 1,432 sqft , 2026-09-03
11816 Dave Silk Dr
Rancho Alto Ph 01
$378,000 $206 4 bd / 3 ba 1,836 sqft , 2026-05-23
11403 Georgia Coleman Bnd
Olympic Heights Sec 03
$375,000 $220 3 bd / 3 ba 1,707 sqft , 2026-08-07

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
$1,838/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
$76,600
20% conventional investment loan

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

Estimated Gross Rent+$1,838
Principal + Interest−$2,090
Property Tax (~2.1% TX avg)−$670
Insurance (~0.5%)−$160
Est. Monthly Cash Flow $-1,082

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 October 1, 2026.

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