Active Listing  ·  2 days on market

11506 D K Ranch Rd

Austin, TX 78759
$775,000
5 Bed 4 Bath 3,068 sqft $253/sqft Built 1981 0.24 acres 2-Car Garage Pool Oak Forest Sec 05-A

Oak Forest, Austin TX | 5 BR | 3.5 BA | Dual Primary Suites | Solar Panels | Triple-Pane Windows

Move-in ready 5-bedroom, 3.5-bath home featuring dual primary suites—main level and upstairs—plus media room with home theater system. The 43-panel solar array significantly reduces electricity costs, while triple-pane windows and recent system updates ensure year-round energy efficiency.

Main floor showcases open concept living with formal dining, family room anchored by fireplace, and breakfast nook with bay window overlooking the backyard. Primary suite on main level includes ensuite bath and backyard access—ideal for multi-generational living or guest space. Upstairs, second primary suite offers walk-in closet and ensuite bath. Three additional bedrooms provide flexibility for growing families, work-from-home offices, or guest rooms.

Upstairs media room features high-end surround sound and 110-inch screen for luxury theater experience. Park-like backyard is oversized, private, and beautifully landscaped—perfect for entertaining, gardening, or quiet outdoor space.

Recently Updated: New roof (May 2026), hardwood flooring (April 2026), water heater, triple-pane windows. Minutes from Round Rock schools, I-35 access, shopping, and dining. Established Oak Forest neighborhood with mature trees and low-traffic setting.

? Move-in ready

? Dual primary suites

? Solar panels / Energy efficient

? Open concept

? Fireplace

? Hardwood flooring

? Media room / Home theater

? Multi-generational living

? Updated roof, water heater, windows

? Park-like backyard

? Round Rock schools

? Recent updates

At $253/sqft, this home is 35% 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 $775,000
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 $253/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,860.14
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243180521
List Date August 13, 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
5813 Miramonte Dr
Sierra Oaks 04
$759,000 $272 4 bd / 3 ba 2,786 sqft , 2026-04-02
11002 Sierra Verde Trl
Sierra Vista 01
$799,900 $365 4 bd / 3 ba 2,192 sqft , 2026-04-15
7407 Attar Cv
Balcones Oaks
$725,000 $294 5 bd / 3 ba 2,465 sqft , 2026-07-31
11502 Cherry Hearst Ct
Tanglewood Estates
$715,000 $331 4 bd / 3 ba 2,157 sqft , 2026-06-07
6220 Harrogate Dr
Enclave At Sierra Vista
$849,000 $292 4 bd / 3 ba 2,903 sqft , 2026-04-18

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
$3,720/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
$155,000
20% conventional investment loan

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

Estimated Gross Rent+$3,720
Principal + Interest−$4,229
Property Tax (~2.1% TX avg)−$1,356
Insurance (~0.5%)−$323
Est. Monthly Cash Flow $-2,188

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 →