Active Listing  ·  7 days on market

11403 Georgia Coleman Bnd

Austin, TX 78748
$409,000
3 Bed 3 Bath 1,707 sqft $240/sqft Built 2007 0.13 acres 2-Car Garage Pool Olympic Heights Sec 03

Modern, two-story home in South Austin's highly desirable Olympic Heights community, thoughtfully renovated with stylish upgrades and everyday functionality in mind. The beautifully remodeled kitchen is a true showpiece, featuring expanded custom cabinetry, gorgeous quartzite countertops, a butcher block island, stainless steel appliances, a built-in wine fridge, coffee bar/drink station, recessed lighting, and an under-the-counter water filtration system. With bar seating at both the island and kitchen counter, there's plenty of room for the chef, sous chef, and guests to gather. The spacious living room is filled with natural light from surrounding windows and is accented by a Modern Forms Windflower ceiling fan. New French double doors lead to the backyard, creating a seamless indoor-outdoor living experience. Step outside to enjoy the covered patio and low-maintenance composite decking, offering the perfect setting for relaxing, entertaining, or pursuing your favorite hobbies in the fully fenced backyard. Upstairs, you'll find two secondary bedrooms that share a full bath featuring updated quartzite countertops. The spacious primary suite offers a private ensuite bath with a garden tub, quartzite countertops, and a generous walk-in closet. Major system updates provide added peace of mind, including a new roof installed in 2021 and an HVAC system replaced in 2022. Google Fiber available. Olympic Heights residents enjoy exceptional community amenities, including a private pool, two gated dog parks, scenic walking trails, and peaceful ponds. Just minutes away, you'll find the vibrant South Menchaca entertainment district with its popular restaurants, food trucks, breweries, and live music, along with the extensive shopping and dining options at Southpark Meadows. Don't miss this incredible opportunity to own a beautifully updated home in one of South Austin's most sought-after communities!

At $240/sqft, this home is 38% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

11403 Georgia Coleman Bnd, Austin, TX 78748

Property Details

Price $409,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,707 sqft
Lot Size 0.13 acres (5,553.9 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Olympic Heights Sec 03
County Travis
Zip Code 78748
$/sqft $240/sqft
Days on Market ,
HOA $44/Monthly
Annual Tax Est. $8,059.53
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238014110
List Date August 7, 2026
Elementary School Baranoff
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
1900 Jesse Owens Dr
Olympic Heights Sec 02
$409,999 $220 3 bd / 3 ba 1,860 sqft , 2026-06-17
11432 Hillhaven Dr
HILLCREST SEC 3
$415,000 $186 3 bd / 3 ba 2,233 sqft , 2026-06-19
2028 Desco Dr
Hillcrest Sec 01
$399,000 $210 3 bd / 3 ba 1,898 sqft , 2026-08-07
1608 Melibee Trl
Canterbury Trails Sec 04
$395,000 $212 3 bd / 3 ba 1,860 sqft , 2026-07-22
12301 Canera Ct
Gabardine Condo
$425,000 $205 4 bd / 3 ba 2,077 sqft , 2026-07-16

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
$1,963/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
$81,800
20% conventional investment loan

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

Estimated Gross Rent+$1,963
Principal + Interest−$2,232
Property Tax (~2.1% TX avg)−$716
Insurance (~0.5%)−$170
Est. Monthly Cash Flow $-1,155

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 August 12, 2026.

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