About This Home

Residential Opportunity on an unrestricted tract. Warehouse Business Park going in up front, new private driveway will be put in leading from Fitzhugh to the home. Pad Sites available, perfect Live/Work situation.

At $569/sqft, this home is priced 46% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

11605 Fitzhugh Rd, Austin, TX 78736

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $698,500

Status Active Listing

Beds 2

Full Baths 2

Half Baths ,

Living Area 1,228 sqft

Lot Size 1.77 acres (77,101.2 sqft)

Year Built 2020

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Elzy Harrison Surv Abs #379

County Travis

Zip Code 78736

$/sqft $569/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236538117

List Date June 17, 2026

Elementary School Baldwin

Middle School Small

High School Bowie

School District ,

Have Questions About This Property?

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 →

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 17, 2026 $725,000

Current ask $698,500

▼ Reduced $26,500 (-3.7%) 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

3204 Lyons Rd #1
Delzell Sec 02 $699,000 $474 3 bd / 3 ba 1,476 sqft , 2026-04-21

1708 Canterbury St #2
Riverside $699,000 $635 2 bd / 3 ba 1,100 sqft , 2026-06-01

5214 Grover Ave
Walling Place $699,000 $457 3 bd / 3 ba 1,531 sqft , 2026-06-17

4907 W Market Dr
Highland Village Sec 02 Pt 03 $699,000 $547 3 bd / 1 ba 1,278 sqft , 2026-06-22

360 Nueces St #1809
Residential Condo Amd 360 $699,000 $562 2 bd / 2 ba 1,244 sqft , 2026-06-26

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

$3,353/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

$139,700

20% conventional investment loan

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

Estimated Gross Rent+$3,353

Principal + Interest−$3,812

Property Tax (~2.1% TX avg)−$1,222

Insurance (~0.5%)−$291

Est. Monthly Cash Flow $-1,972

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

11605 Fitzhugh Rd