Active Listing  ·  62 days on market

11403 Georgia Coleman Bnd

Austin, TX 78748
$375,000
3 Bed 3 Bath 1,707 sqft $220/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 opportunity to own an updated home in one of South Austin's most sought-after communities! **OFFERING $9K for buyer closing COSTS to buy down the rate or use for other closing cost. ***

At $220/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

11403 Georgia Coleman Bnd, Austin, TX 78748

Property Details

Price $375,000
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 $220/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.

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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 · August 7, 2026 $409,000
Previous ask $385,000
Current ask $375,000
▼ Reduced $34,000 (-8.3%) 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
11110 Jim Thorpe Ln
Olympic Heights Sec 02
$374,999 $196 4 bd / 3 ba 1,909 sqft , 2026-08-18
11816 Dave Silk Dr
Rancho Alto Ph 01
$378,000 $206 4 bd / 3 ba 1,836 sqft , 2026-05-23
2612 Georgia Coleman Bnd
OLYMPIC HEIGHTS
$379,000 $265 3 bd / 3 ba 1,432 sqft , 2026-09-03
2013 Jim Craig Ct
Rancho Alto Ph 02
$370,000 $230 4 bd / 2 ba 1,612 sqft , 2026-09-25
1209 Falconer Way
Summerrow HOA
$369,990 $216 3 bd / 3 ba 1,710 sqft , 2026-07-11

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
$1,800/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
$75,000
20% conventional investment loan

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

Estimated Gross Rent+$1,800
Principal + Interest−$2,047
Property Tax (~2.1% TX avg)−$656
Insurance (~0.5%)−$156
Est. Monthly Cash Flow $-1,059

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 4, 2026.

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