Active Listing  ·  38 days on market

11808 DILLON FALLS Dr

Austin, TX 78747
$360,000
3 Bed 2 Bath 1,690 sqft $213/sqft Built 2022 0.18 acres 2-Car Garage Pool Cascades/Onion Crk East Ph 1

This is a Fannie Mae Property. Seller has requested all Offers be presented online at HomePath.FannieMae. Welcome to this fantastic home filled with outstanding features and appeal. Nestled on a corner lot, the exterior features stone, masonry, and stucco, offering timeless design. Inside is an open-concept layout designed for modern living, featuring a spacious living room, dining area, and kitchen. The main living spaces are enhanced with plank flooring, recessed lighting, stylish lighting fixtures that create an inviting atmosphere. The kitchen is a true standout, with pendant lighting, island breakfast bar, stainless steel appliances, quartz countertops, and pantry. The primary bedroom is at the back and features a double vanity, and a spacious shower. The closet offers ample storage and even leads into a convenient laundry room. A bonus is the mudroom hallway and a laundry room with shelving. Relax in the backyard under a covered patio after a fun time at the community pool or trails. Conveniently located 20 min to downtown, 5 min to South Park Meadows Shopping Center, 10 min to Historic Downtown Buda with quick access to IH-35.

This is a Fannie Mae HomePath property. First-time buyers, complete the HomePath Ready-Buyer homeownership course on Homepath.com. Attach certificate to offer up to 3% closing cost assistance. Check HomePath for more details. Restrictions apply.

At $213/sqft, this home is 46% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

11808 DILLON FALLS Dr, Austin, TX 78747

Property Details

Price $360,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,690 sqft
Lot Size 0.18 acres (7,845.16 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cascades/Onion Crk East Ph 1
County Travis
Zip Code 78747
$/sqft $213/sqft
Days on Market ,
HOA $45/Monthly
Annual Tax Est. $8,720.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237838949
List Date June 27, 2026
Elementary School Blazier
Middle School Paredes
High School Akins
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
707 Great Britain Blvd
Buckingham Estates Ph III Sec
$360,000 $309 3 bd / 2 ba 1,166 sqft , 2025-10-17
5510 Manor Rd #A
Fairey Oaks Sec 2
$360,000 $232 3 bd / 2 ba 1,555 sqft , 2026-03-13
2301 Lawnmont Ave #1
Heritage Square Condo
$360,000 $316 2 bd / 2 ba 1,141 sqft , 2026-03-05
704 Buckingham Pl
Buckingham Estates Sec 01
$360,000 $232 3 bd / 2 ba 1,552 sqft , 2026-03-31
10604 Menominee Falls Ln
PIONEER CROSSING EAST
$360,000 $189 4 bd / 2 ba 1,908 sqft , 2026-05-08

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
$1,728/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
$72,000
20% conventional investment loan

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

Estimated Gross Rent+$1,728
Principal + Interest−$1,965
Property Tax (~2.1% TX avg)−$630
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,017

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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