Active Listing  ·  59 days on market

11505 Powder Mill Trl

Austin, TX 78750
$499,500
3 Bed 2 Bath 1,989 sqft $251/sqft Built 1982 0.20 acres 2-Car Garage Pool Village 17 At Anderson Mill Ph 02

Welcome to this beautifully updated 3-bedroom, 2-bathroom home in a sought-after Anderson Mill neighborhood. Spanning 1,989 square feet on a 0.2-acre lot, this property has been thoughtfully updated throughout, blending modern finishes with everyday comfort.

Inside, a spacious living room with a cozy fireplace flows into a separate dining room and the fully renovated kitchen, the heart of the home, featuring brand-new quartz countertops, new cabinetry, a new induction range, and a fresh, functional layout perfect for cooking and entertaining.

The primary suite offers a private retreat with two closets and a totally remodeled primary bathroom, complete with a new vanity, new lighting, new mirrors, new closet shelving, and new tile in the shower. On the opposite side of the home, two additional bedrooms share a bathroom that received fresh updates, including a newly painted vanity, new mirror and lighting. Wood-style tile flows seamlessly throughout the home, offering an easy-maintenance, cohesive look, and new hardware has been added throughout for a polished finish.

Rounding out the home is a convenient laundry room near the entry and a two-car garage parking. The exterior has been freshly painted, and the front and back landscaping has recently been refreshed, giving the home great curb appeal from the moment you arrive.

Situated in a prime 78750 location close to highly rated schools, parks, and major Austin employment corridors, this home offers the perfect combination of style, space, and location, all ready for its next owner to move right in.

At $251/sqft, this home is 36% 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

11505 Powder Mill Trl, Austin, TX 78750

Property Details

Price $499,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,989 sqft
Lot Size 0.20 acres (8,520.34 sqft)
Year Built 1982
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Village 17 At Anderson Mill Ph 02
County Williamson
Zip Code 78750
$/sqft $251/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,193.2
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235506888
List Date June 16, 2026
Elementary School Purple Sage
Middle School Noel Grisham
High School Westwood
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 · June 16, 2026 $524,900
Current ask $499,500
Reduced $25,400 (-4.8%) 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
11016 Hard Rock Rd
Village 13 At Anderson Mill
$499,000 $240 3 bd / 2 ba 2,078 sqft , 2026-07-08
11205 Timbrook Trl
Deerbrook Village
$499,000 $263 4 bd / 2 ba 1,898 sqft , 2026-08-13
1414 Shenandoah Dr
Shenandoah Sec 02
$494,000 $376 3 bd / 2 ba 1,315 sqft , 2026-05-14
2605 Oakwood Glen Dr
Oakwood Glen Sub
$530,000 $206 4 bd / 3 ba 2,570 sqft , 2026-04-03
12410 Burlywood Trl
Deerbrook Village Anderson Mill
$460,000 $220 3 bd / 3 ba 2,090 sqft , 2026-07-09

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
$2,398/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
$99,900
20% conventional investment loan

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

Estimated Gross Rent+$2,398
Principal + Interest−$2,726
Property Tax (~2.1% TX avg)−$874
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,410

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 3, 2026.

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