Active Listing  ·  45 days on market

11504 Reading Way

Austin, TX 78717
$620,000
5 Bed 3 Bath 2,762 sqft $224/sqft Built 2015 0.25 acres 2-Car Garage Pool Avery Ranch

Modern Living in the Heart of Avery Ranch

Experience comfortable, functional living in this well-appointed two-story residence located in the highly sought-after Far West section of the master-planned Avery Ranch community. This home offers an efficient layout designed for versatility and everyday ease.

The main level features a dedicated dining area, perfect for hosting, and a separate office space with door which can be used as a bedroom, providing a quiet environment for professional or personal tasks. The open-concept living area flows seamlessly into the kitchen, creating an inviting space for daily activities. Upstairs, the home includes four spacious bedrooms, offering ample room for various lifestyle needs, along with a dedicated game room that provides additional flexible square footage.

Outdoor living is enhanced by a private covered patio, an ideal spot for enjoying the outdoors in any season.

This property is situated in an established section of Avery Ranch that offers immediate access to one of the community’s four dedicated amenity centers, featuring recreational facilities and green space. Residents benefit from the convenience of this prime location, situated within two miles of local medical facilities and offering direct access to major highways, making commuting and regional travel effortless.

This home combines a strategic location with a practical, spacious floor plan. Contact me today to schedule a private tour and view this property in person.

At $224/sqft, this home is 43% 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

11504 Reading Way, Austin, TX 78717

Property Details

Price $620,000
Status Active Listing
Beds 5
Full Baths 2
Half Baths 1
Living Area 2,762 sqft
Lot Size 0.25 acres (10,890 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Avery Ranch
County Williamson
Zip Code 78717
$/sqft $224/sqft
Days on Market ,
HOA $65/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238357655
List Date July 1, 2026
Elementary School Rutledge
Middle School Stiles
High School Vista Ridge
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 · July 1, 2026 $640,000
Previous ask $630,000
Current ask $620,000
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.

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
11729 Springs Head Loop
Avery Ranch Far West Ph 01 Sec 06
$625,000 $303 4 bd / 3 ba 2,066 sqft , 2026-07-17
11709 Running Brush Cv
Avery Ranch Far West
$625,000 $228 4 bd / 3 ba 2,737 sqft , 2026-08-13
14312 Tyburn Trl
Avery Ranch
$600,000 $237 4 bd / 3 ba 2,530 sqft , 2026-05-18
11608 Reading Ct
Avery Ranch
$584,000 $232 4 bd / 3 ba 2,516 sqft , 2026-07-01
504 S Gadwall Ln
Silver Oak Sec 4a
$669,500 $235 4 bd / 3 ba 2,849 sqft , 2026-07-07

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
$2,976/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
$124,000
20% conventional investment loan

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

Estimated Gross Rent+$2,976
Principal + Interest−$3,384
Property Tax (~2.1% TX avg)−$1,085
Insurance (~0.5%)−$258
Est. Monthly Cash Flow $-1,751

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 August 14, 2026.

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