Active Listing  ·  138 days on market

11816 Dave Silk Dr

Austin, TX 78748
$378,000
4 Bed 3 Bath 1,836 sqft $206/sqft Built 2006 0.13 acres 2-Car Garage Pool Rancho Alto Ph 01

BEST PRICE PER SQ. FT AND ALL UPDATES JUST COMPLETED!! Located in highly-desirable Rancho Alto neighborhood! Come and see-you will feel like you are walking into a model home. New interior, exterior paint, new wide-plank “wood look” easy to maintain vinyl flooring downstairs, brand-new carpet upstairs in bedrooms, new lighting fixtures and new remote-controlled ceiling fans in all rooms. Brand new beautiful quartz countertops in the kitchen with custom backsplash with new large stainless steel farm sink and faucet. New bathroom lighting fixtures and new crystal pendants illuminate the loft area. The first floor open-concept layout creates a natural flow between the living, dining, and kitchen spaces — ideal for both everyday living and entertaining your family and friends. Upstairs, the spacious primary suite offers vaulted ceilings, abundant natural light, brand new carpet and a peaceful sense of retreat at the end of the day. The oversized primary bath features double vanities with new faucets, new lighting fixtures, a separate soaking tub and separate glass shower with a large walk-in closet with a bright light feature to actually see what is in your closet. Guest bedrooms are spacious and provide flexibility for family, home office needs, guests or creative space. The covered rear patio with new light fixtures extends the living space outdoors and creates an inviting setting for quiet evenings or weekend gatherings. A large fully fenced backyard offers a relaxing outdoor setting beneath mature shade trees with room to entertain, garden, play, or simply unwind. Located in the desirable Rancho Alto community with easy access to major routes including Mopac, the toll roads, IH-35, and 1626, plus nearby shopping, dining, parks, and growing South Austin fun spots. Easy stroll to the local community park and playscape.

At $206/sqft, this home is 47% 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

11816 Dave Silk Dr, Austin, TX 78748

Property Details

Price $378,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,836 sqft
Lot Size 0.13 acres (5,749.92 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rancho Alto Ph 01
County Travis
Zip Code 78748
$/sqft $206/sqft
Days on Market ,
HOA $160/Annually
Annual Tax Est. $7,493.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226753957
List Date May 23, 2026
Elementary School Menchaca
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.

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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 · May 23, 2026 $438,000
Previous ask $380,000
Current ask $378,000
▼ Reduced $60,000 (-13.7%) 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
2612 Georgia Coleman Bnd
OLYMPIC HEIGHTS
$379,000 $265 3 bd / 3 ba 1,432 sqft , 2026-09-03
11403 Georgia Coleman Bnd
Olympic Heights Sec 03
$375,000 $220 3 bd / 3 ba 1,707 sqft , 2026-08-07
11110 Jim Thorpe Ln
Olympic Heights Sec 02
$374,999 $196 4 bd / 3 ba 1,909 sqft , 2026-08-18
11304 Canterbury Tales Ln
Canterbury Trails Sec 04
$383,000 $221 3 bd / 3 ba 1,736 sqft , 2026-05-05
2028 Desco Dr
Hillcrest Sec 01
$385,000 $203 3 bd / 3 ba 1,898 sqft , 2026-08-07

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
$1,814/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
$75,600
20% conventional investment loan

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

Estimated Gross Rent+$1,814
Principal + Interest−$2,063
Property Tax (~2.1% TX avg)−$662
Insurance (~0.5%)−$158
Est. Monthly Cash Flow $-1,069

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 24, 2026.

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