Active Listing  ·  129 days on market

11806 Prairie Hen Ln

Austin, TX 78758
$480,000
3 Bed 2 Bath 1,411 sqft $340/sqft Built 1983 0.21 acres 2-Car Garage Pool Gracywoods Sec 06-B

Modern, Updated & Minutes from Everything

Fully remodeled and perfectly located just minutes from The Domain, Downtown Austin, and Q2 Stadium, this home checks all the boxes for both homeowners and savvy investors.

Step inside and you’ll immediately notice the modern vibe, sleek epoxy floors, a brand-new electric fireplace, and updated finishes throughout that give the home a clean, contemporary feel.

The kitchen has been completely upgraded with black quartz countertops, a new vent hood, and stylish details that make it both functional and eye-catching. Bathrooms are fully renovated with modern showers and mirrors, giving you that fresh, move-in-ready experience.

Major updates? Covered. The roof is less than 10 years old, adding peace of mind for the next owner.

Outside, you’ll find a medium-sized backyard, perfect for relaxing, entertaining, or customizing and a garage for added convenience.

Currently operating as an Airbnb, this property offers immediate income potential or a seamless transition into your primary residence.

BONUS: TV can convey with the sale.

?? DO NOT DISTURB GUESTS — Showings by appointment only.

Homes in this location with these upgrades don’t last. Schedule your showing before it’s gone.

At $340/sqft, this home is 13% 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

11806 Prairie Hen Ln, Austin, TX 78758

Property Details

Price $480,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,411 sqft
Lot Size 0.21 acres (8,964.65 sqft)
Year Built 1983
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Gracywoods Sec 06-B
County Travis
Zip Code 78758
$/sqft $340/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,987.04
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225203314
List Date April 7, 2026
Elementary School Pillow
Middle School Burnet (Austin ISD)
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.

Schedule a Call →

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
1907 Albury Cv #C
Cerca at the Domain
$405,000 $354 2 bd / 2 ba 1,144 sqft , 2026-07-10
1803 Heatherglen Ln
Quail Hollow Garden Homes Sec
$399,900 $324 3 bd / 2 ba 1,233 sqft , 2026-08-11
2320 Gracy Farms Ln #1414
Stoneleigh Condo Amd
$395,911 $332 3 bd / 2 ba 1,192 sqft , 2026-02-02
1101 Huntridge Dr
Gracywoods Sec 02
$395,000 $250 3 bd / 2 ba 1,580 sqft , 2026-03-14
1800 Rainy Meadows Dr
Quail Hollow Garden Homes Sec
$389,000 $251 3 bd / 2 ba 1,550 sqft , 2026-05-22

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
$2,304/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
$96,000
20% conventional investment loan

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

Estimated Gross Rent+$2,304
Principal + Interest−$2,620
Property Tax (~2.1% TX avg)−$840
Insurance (~0.5%)−$200
Est. Monthly Cash Flow $-1,356

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 May 26, 2026.

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