Active Listing  ·  13 days on market

11304 Pickard Ln

Austin, TX 78748
$540,000
4 Bed 3 Bath 3,743 sqft $144/sqft Built 2001 0.15 acres 2-Car Garage Pool Hillcrest

**SELLER FINANCING AVAILABLE, INQUIRE FOR DETAILS**

With over 3,700 square feet, this well-maintained two-story home offers 4 bedrooms, 3 full bathrooms, formal living and dining rooms, and an expansive upstairs game room, providing a flexible layout for everyday living and entertaining. The oversized primary suite features a spacious en-suite bath, while a full bathroom on the main level adds convenience for guests or multigenerational living.

Outside, mature trees and a private backyard create a peaceful setting to relax or entertain. Well cared for over the years, the home offers a solid layout with plenty of space to personalize and make your own. Major updates include a roof that is 3 years old and an HVAC system that is only 1 year old, offering added value and peace of mind. Conveniently located near major employers, shopping, dining, and schools, this is a rare opportunity to own one of the largest homes in the community.

At $144/sqft, this home is 63% 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 Pickard Ln, Austin, TX 78748

Property Details

Price $540,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,743 sqft
Lot Size 0.15 acres (6,420.74 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hillcrest
County Travis
Zip Code 78748
$/sqft $144/sqft
Days on Market ,
HOA $375/Annually
Annual Tax Est. $10,785.51
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240560509
List Date July 22, 2026
Elementary School Menchaca
Middle School Bailey
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
13111 Tilder Dr
Milwood Sec 31A
$540,000 $208 3 bd / 3 ba 2,590 sqft , 2026-05-15
9508 Hamadryas Dr
Easton Park
$539,900 $179 4 bd / 3 ba 3,020 sqft , 2026-03-13
2225 Lou John St
Woods Century Park Sec 01
$539,000 $189 4 bd / 3 ba 2,847 sqft , 2025-05-26
10902 Owyhee Vw
Walnut Creek Enclave Condomini
$539,000 $187 4 bd / 4 ba 2,890 sqft , 2026-05-21
8616 Peafowl St
Prospect Park Ph 1
$542,990 $222 4 bd / 3 ba 2,443 sqft , 2026-07-08

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
$2,592/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
$108,000
20% conventional investment loan

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

Estimated Gross Rent+$2,592
Principal + Interest−$2,947
Property Tax (~2.1% TX avg)−$945
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,525

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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