Active Listing  ·  15 days on market

11609 Buster Crabbe Dr

Austin, TX 78748
$350,000
3 Bed 2 Bath 1,346 sqft $260/sqft Built 2011 0.10 acres 2-Car Garage Pool Olympic Heights West

**NEW ROOF installed- transferable warranty included!!** Charming 3 bedroom, 2 bathroom home in Olympic Heights West- zoned to Bowie High School! Step inside and enjoy the fresh and airy feel with high ceilings and an open living area! The spacious eat-in kitchen has a breakfast bar, granite countertops and ample cabinet space. Primary bedroom and ensuite bath located on the opposite side of the secondary bedrooms for privacy. Enjoy all of the amenities this neighborhood has to offer, including pool, playground, dog parks, and walk/hike/bike trails. This home is zoned to the award winning trio- Baranoff Elementary, Bailey Middle, and Bowie High School. You can walk/bike to Baranoff Elementary! Conveniently located near South Austin’s Menchaca nightlife and Southpark Meadows shopping, entertainment, and restaurants.

At $260/sqft, this home is 33% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

11609 Buster Crabbe Dr, Austin, TX 78748

Property Details

Price $350,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,346 sqft
Lot Size 0.10 acres (4,456.19 sqft)
Year Built 2011
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Olympic Heights West
County Travis
Zip Code 78748
$/sqft $260/sqft
Days on Market ,
HOA $44/Monthly
Annual Tax Est. $7,782.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241333626
List Date July 30, 2026
Elementary School Baranoff
Middle School Bailey
High School Bowie
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
12200 Tawny Farms Rd #139
Gabardine Condo
$349,000 $267 3 bd / 2 ba 1,308 sqft , 2026-06-22
11515 Easy St
Mooreland Add
$349,000 $260 3 bd / 2 ba 1,340 sqft , 2026-08-13
1701 McClannahan Dr
Rancho Alto Ph 01
$359,900 $234 3 bd / 2 ba 1,541 sqft , 2026-07-14
11917 Buzz Schneider Ln
Rancho Alto Ph 01
$360,000 $234 3 bd / 2 ba 1,538 sqft , 2026-08-13
11313 Pardoners Tale Ln
Canterbury Trails Sec 05
$364,999 $257 3 bd / 3 ba 1,422 sqft , 2026-05-21

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
$1,680/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
$70,000
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$613
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-989

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 13, 2026.

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