Active Listing  ·  13 days on market

11505 Catalonia Dr

Austin, TX 78759
$450,000
3 Bed 2 Bath 1,618 sqft $278/sqft Built 1974 0.20 acres 2-Car Garage Pool Mesa Park Sec 06

The location doesn’t get much better than this! Tucked into the well-established Northwest Austin neighborhood of Mesa Park, this charming home puts you minutes from work, play, and everything in between while offering plenty of space to live, gather, relax. Step inside to a spacious living room featuring a beautiful fireplace with an impressive brick hearth, plus a big dining room ready for cozy dinners or large gatherings. The bright kitchen offers great cabinet and counter space, while the inviting sunroom brings the outdoors in. The backyard is amazing, with a raised deck overlooking a nice yard with room to garden, play, or both and a sweet swimming pool perfect for hot Austin days. All three bedrooms are spacious, with a primary suite featuring an updated bath and great walk-in closet. There is no carpet in the home. An oversized two-car garage provides parking and storage space. Zoned to AISD’s Davis Elementary (an easy, walkable .8 mile away), Murchison Middle, and Anderson High, home to a highly acclaimed International Baccalaureate program. Enjoy easy access to I-35, Hwy 183, MoPac, and 45, with H-E-B, Costco, Trader Joe’s, Sam’s Club, World Market, Hobby Lobby, and Starbucks all within 2 miles. The Arboretum shopping and dining is just down the road. The vibrant Domain known as Austin’s “second downtown” is under 3 miles away, and Austin FC Stadium is only about 3 miles away. This neighborhood itself is special, with Schroeter Park’s playground, dog park, and gravel trail within walking distance. Come see why 11505 Catalonia feels like home!

At $278/sqft, this home is 29% 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

11505 Catalonia Dr, Austin, TX 78759

Property Details

Price $450,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,618 sqft
Lot Size 0.20 acres (8,642.3 sqft)
Year Built 1974
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Mesa Park Sec 06
County Travis
Zip Code 78759
$/sqft $278/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247140097
List Date September 25, 2026
Elementary School Davis
Middle School Murchison
High School Anderson
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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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
11507 Pyreneese Dr
Mesa Park Sec 06
$457,000 $318 3 bd / 2 ba 1,436 sqft , 2026-10-02
4901 Powder River Rd
Mesa Park Sec 01
$469,950 $397 3 bd / 2 ba 1,183 sqft , 2026-07-02
4817 Pelham Dr
Milwood Sec 09
$475,000 $280 3 bd / 2 ba 1,694 sqft , 2026-09-23
4111 Everest Ln
Milwood
$510,000 $299 3 bd / 3 ba 1,704 sqft , 2026-09-18
10300 Morado Cv #903
Morado Cove Condo Ph 02 Amd
$379,900 $239 2 bd / 2 ba 1,590 sqft , 2026-07-24

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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 September 26, 2026.

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