Active Listing  ·  45 days on market

11609 Buster Crabbe Dr

Austin, TX 78748
$358,000
3 Bed 2 Bath 1,346 sqft $266/sqft Built 2011 0.10 acres 2-Car Garage Pool Olympic Heights West

**SELLERS OFFERING $8,000 IN CONCESSIONS. Seller is offering concessions that may be used for an interest-rate buydown, repairs, or closing-cost assistance.**

Located in the Olympic Heights West - one of the only streets feeding into Baranoff, Bailey, and Bowie schools! Offering a practical blend of flexibility and peace of mind, this three-bedroom, two-bathroom South Austin house is ready for its next owner. A NEWLY installed ROOF provides an important update from the start, while the transferable warranty adds reassurance for the next chapter of ownership.

Inside, the three-bedroom layout creates room for both everyday routines and changing priorities. The primary bedroom offers a private place to unwind, while two secondary bedrooms can accommodate guests, remote work, hobbies, fitness equipment, or the impressive collection of items that deserves more than a hallway closet. Two full bathrooms help keep busy mornings organized and make hosting more convenient.

The shared living spaces provide a comfortable setting for quiet evenings, casual meals, and time with friends. The kitchen supports everything from morning coffee and quick weekday dinners to more ambitious weekend recipes, keeping the home centered around the rhythms of daily life. With a versatile floor plan, each area can be arranged to reflect personal style without forcing a one-size-fits-all approach. Also enjoy the extended driveway with beautifully laid concrete for extra vehicle space. This neighborhood also provides a walking trail and dog parks that allow owners to relish in the outdoors and fresh air.

Set in South Austin, the property offers an appealing opportunity to enjoy a well-established part of the city while benefiting from a significant exterior improvement already completed. Schedule your showing today!

At $266/sqft, this home is 32% 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

11609 Buster Crabbe Dr, Austin, TX 78748

Property Details

Price $358,000
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 $266/sqft
Days on Market ,
HOA $44/Monthly
Annual Tax Est. $7,782.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244487523
List Date August 24, 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.

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 · August 24, 2026 $367,000
Current ask $358,000
▼ Reduced $9,000 (-2.5%) 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
11904 Dispatch Way #62
SummerRow
$362,500 $202 3 bd / 3 ba 1,798 sqft , 2026-10-06
1300 Falconer Way
Summerrow
$365,000 $219 3 bd / 3 ba 1,667 sqft , 2026-08-05
11515 Easy St
Mooreland Add
$349,000 $260 3 bd / 2 ba 1,340 sqft , 2026-08-13
1209 Falconer Way
Summerrow HOA
$369,990 $216 3 bd / 3 ba 1,710 sqft , 2026-07-11
2013 Jim Craig Ct
Rancho Alto Ph 02
$370,000 $230 4 bd / 2 ba 1,612 sqft , 2026-09-25

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
$1,718/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
$71,600
20% conventional investment loan

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

Estimated Gross Rent+$1,718
Principal + Interest−$1,954
Property Tax (~2.1% TX avg)−$627
Insurance (~0.5%)−$149
Est. Monthly Cash Flow $-1,012

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 3, 2026.

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