Active Listing  ·  87 days on market

11506 D K Ranch Rd

Austin, TX 78759
$799,000
5 Bed 4 Bath 3,068 sqft $260/sqft Built 1981 0.24 acres 2-Car Garage Pool Oak Forest Sec 05-A

5 Bedroom Home in Oak Forest Austin TX| 2 Primary Suites (Up & Down) | |3.5 Baths | Media/Flex Room | Solar Panels | Large Backyard Oasis

Energy-conscious buyers will appreciate the large solar system featuring 43 solar panels, helping offset electricity costs and add long-term efficiency to the home.

The main level features formal living and dining spaces with easy access to the kitchen, which opens to the family room where a fireplace creates a warm focal point for everyday living and entertaining.

The breakfast area with bay window brings in natural light and overlooks the serene, park-like backyard – giving you that peaceful start to your day.

Upstairs includes the second primary suite, 3 additional bedrooms, full bath and a furnished media or flex room with a high end surround sound system and a 110 inch screen for a real movie theatre experience.

Step outside to a backyard that feels like your own private retreat – ideal for gardeners, bird watchers, or anyone who enjoys a natural setting and quiet outdoor space.

Conveniently located with easy access to major highways, shopping, dining and nearby Round Rock schools, this home blends space, flexibility and location.

Updates: Roof Replaced 5/2026 | Wood Floors 4/2026 | Recent Water Heater Installed | Triple Pane Windows

At $260/sqft, this home is 34% 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

11506 D K Ranch Rd, Austin, TX 78759

Property Details

Price $799,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 3,068 sqft
Lot Size 0.24 acres (10,476.18 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Oak Forest Sec 05-A
County Travis
Zip Code 78759
$/sqft $260/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,780.14
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229329228
List Date May 9, 2026
Elementary School Caraway
Middle School Canyon Vista
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.

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
12808 Hughes St
W C I D 17 02
$799,000 $258 5 bd / 4 ba 3,092 sqft , 2026-02-18
16913 Roselin Dr
Provence
$799,000 $283 4 bd / 3 ba 2,826 sqft , 2026-03-22
130 Granite Ln
Belterra Ph 2 Sec 5D
$799,000 $210 4 bd / 4 ba 3,807 sqft , 2026-05-29
6203 Danwood Dr
Hunter Oaks
$799,000 $331 4 bd / 2 ba 2,416 sqft , 2026-06-05
5809 Viejo Dr
Bella Colinas Sec 7,8,& 9
$799,000 $217 5 bd / 4 ba 3,683 sqft , 2026-06-25

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
$3,835/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
$159,800
20% conventional investment loan

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

Estimated Gross Rent+$3,835
Principal + Interest−$4,360
Property Tax (~2.1% TX avg)−$1,398
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,256

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 →