Active Listing  ·  6 days on market

11507 Pyreneese Dr

Austin, TX 78759
$457,000
3 Bed 2 Bath 1,436 sqft $318/sqft Built 1974 0.20 acres 2-Car Garage Pool Mesa Park Sec 06

Thoughtfully updated and ideally situated in the heart of North Austin, this inviting home offers a flexible floor plan, generous outdoor living and exceptional access. With 3 bedrooms, 2.5 baths, this home offers plenty of room to settle in and make it your own. Inside, wood-look tile flooring brings warmth and durability to the main living areas, while the living and dining spaces flow easily together around a charming painted brick fireplace. The updated kitchen features granite countertops, wood cabinetry, Whirlpool dishwasher and range, plus an adjoining breakfast area that adds flexibility for everyday dining. All bedrooms are generously sized while the primary offers dual closets and an ensuite bath. The home has also benefited from a long list of important improvements including a roof replacement around 2023, the AC/Heater and water heater were replaced in 2021, updated windows, popcorn removed and the exterior was painted in 2023. These updates provide comfort and offer the perfect canvas to make your personal touches! The large lot features a spacious covered back patio overlooking a flat, fenced yard with a beautiful tree that provides shade and the perfect place to string lights for a peaceful evening ambiance. With plenty of room for outdoor lounging, dining and entertaining, the backyard feels like a natural extension of the home. Amazing location with the Domain just minutes away, putting destinations like Perry’s Steakhouse, North Italia, Punch Bowl Social, Lone Star Court and the restaurants, bars and nightlife of Rock Rose within easy reach. Topgolf is nearby, or head to Q2 Stadium to cheer on our beloved Austin FC. The home is also conveniently located near major North Austin employers, including Apple, PayPal, Indeed, Expedia, Meta and more. Updated, comfortable and exceptionally well located, this North Austin home offers an opportunity to enjoy the best of everyday living with so much of the city right at your fingertips.

At $318/sqft, this home is 19% 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

11507 Pyreneese Dr, Austin, TX 78759

Property Details

Price $457,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,436 sqft
Lot Size 0.20 acres (8,537.76 sqft)
Year Built 1974
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Mesa Park Sec 06
County Travis
Zip Code 78759
$/sqft $318/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,678
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247813278
List Date October 2, 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
11505 Catalonia Dr
Mesa Park Sec 06
$450,000 $278 3 bd / 2 ba 1,618 sqft , 2026-09-25
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
4616 Everest Ln
Arrowwood Sec 02
$524,500 $360 3 bd / 2 ba 1,457 sqft , 2026-09-16

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
$2,194/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
$91,400
20% conventional investment loan

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

Estimated Gross Rent+$2,194
Principal + Interest−$2,494
Property Tax (~2.1% TX avg)−$800
Insurance (~0.5%)−$190
Est. Monthly Cash Flow $-1,290

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 October 6, 2026.

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