Active Listing  ·  30 days on market

11306 Zyle Ln

Austin, TX 78737
$630,000
3 Bed 2 Bath 1,950 sqft $323/sqft Built 1984 1.02 acres Pool Wilkerson Estates

Over an acre of Hill Country freedom this close to Austin? That is a luxury all its own. Set on 1.024 acres in Wilkerson Estates, this updated 3 bed, 2 bath, 1,950 sf home delivers privacy, beautiful interiors, few restrictions, no mandatory HOA, and a lower tax rate just outside the city limits. Add Bowie HS and an incredibly convenient Southwest Austin location, and this one stands apart.

Inside, high ceilings, rich wood floors, natural light, and thoughtful updates create a home that feels warm, polished, and distinctly Texas. The updated kitchen brings the style with quartz counters, stainless appliances, a striking hex tile backsplash, and generous cabinetry. Two living areas and two dining areas offer impressive flexibility, while the main-level primary suite feels like a private retreat with a charming window seat, dual vanities, and spacious glass shower.

Double French doors open to a large back deck and your own acre-plus escape. Enjoy wide-open breathing room, privacy, and possibilities that are increasingly hard to find this close to Austin. Garden, keep chickens, change the fencing, or explore adding additional structures, all without mandatory HOA approval. A detached storage building approximately the size of a 1-car garage adds serious utility.

Major improvements include HVAC in 2023, roof shingles, water heater, well pump, updated electrical with grounding and surge protection, exterior paint, and back deck improvements.

Approximately 5 miles to HEB and Circle C Metropolitan Park and 16 miles to Downtown Austin. Acreage, style, freedom, and Austin access come together beautifully here. Come see why 1.024 acres in this location is something worth moving quickly for.

At $323/sqft, this home is 17% 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

11306 Zyle Ln, Austin, TX 78737

Property Details

Price $630,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,950 sqft
Lot Size 1.02 acres (44,605.44 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Wilkerson Estates
County Travis
Zip Code 78737
$/sqft $323/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246234191
List Date September 9, 2026
Elementary School Baldwin
Middle School Gorzycki
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.

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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 · September 9, 2026 $650,000
Current ask $630,000
▼ Reduced $20,000 (-3.1%) 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.

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
$3,024/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
$126,000
20% conventional investment loan

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

Estimated Gross Rent+$3,024
Principal + Interest−$3,438
Property Tax (~2.1% TX avg)−$1,103
Insurance (~0.5%)−$263
Est. Monthly Cash Flow $-1,780

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 6, 2026.

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