Active Listing  ·  58 days on market

11614 Buster Crabbe Dr

Austin, TX 78748
$475,000
3 Bed 3 Bath 1,608 sqft $295/sqft Built 2012 0.10 acres 2-Car Garage Pool Olympic Heights West

Beautifully updated home in a prime Olympic Heights location! Situated on a corner lot adjacent to a ranch and backing to a large green space, this South Austin home offers open views, beautiful sunsets, and easy access to some of the area's most popular destinations.

Recent updates include a brand-new shingle roof (December 2025), luxury vinyl plank flooring throughout the stairs and second story, updated ceiling fans and light fixtures, a custom California Closet in the primary suite, and a new GE microwave. Functional floor plan features a mudroom, oversized pantry, and two-car garage.

Enjoy the back patio overlooking the green space and stunning sunset views. The backyard gate opens directly to the green space, creating an ideal extension of the outdoor living area with plenty of room for recreation and peaceful morning or evening walks. The backyard also features a blend of natural lawn and low-maintenance turf, along with a versatile storage/potting shed.

Conveniently located just minutes from South Austin favorites including Moontower Saloon, Armadillo Den, South Austin Beer Garden, and Southpark Meadows shopping, dining, and entertainment. Approximately 20 minutes to Downtown Austin with easy access to major commuter routes.

Agent/Owner Disclosure: Listing agent is a licensed Texas real estate agent and is a co-owner of this home.

At $295/sqft, this home is 25% 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

11614 Buster Crabbe Dr, Austin, TX 78748

Property Details

Price $475,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,608 sqft
Lot Size 0.10 acres (4,386.49 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Olympic Heights West
County Travis
Zip Code 78748
$/sqft $295/sqft
Days on Market ,
HOA $44/Monthly
Annual Tax Est. $8,235.57
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237883173
List Date June 27, 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 · June 27, 2026 $489,000
Current ask $475,000
Reduced $14,000 (-2.9%) 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
12404 Reserve Creek Dr
Gabardine Condo
$469,500 $249 3 bd / 3 ba 1,885 sqft , 2026-05-09
12316 Sugar Leaf Pl
Southland Oaks Sec 03-C
$498,900 $317 3 bd / 2 ba 1,573 sqft , 2026-07-07
3005 Shoot Out Ct
Shady Hollow Sec 06 Ph D
$449,000 $254 3 bd / 2 ba 1,765 sqft , 2026-08-19
12020 Battle Bridge Dr
Southland Oaks Sec 04 Ph B
$439,000 $289 4 bd / 2 ba 1,517 sqft , 2026-05-08
1318 Jenkins Bnd
Summerrow
$434,000 $227 3 bd / 3 ba 1,910 sqft , 2026-04-02

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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 15, 2026.

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