Active Listing  ·  73 days on market

11816 Dave Silk Dr

Austin, TX 78748
$380,000
4 Bed 3 Bath 1,836 sqft $207/sqft Built 2006 0.13 acres 2-Car Garage Pool Rancho Alto Ph 01

BEST BUY in desirable Rancho Alto neighborhood! All the updates have been done for you. 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 $207/sqft, this home is 47% 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

11816 Dave Silk Dr, Austin, TX 78748

Property Details

Price $380,000
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 $207/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.

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
6814 E Riverside Dr #21
PARK EAST CONDOMINIUMS
$380,000 $198 4 bd / 3 ba 1,922 sqft , 2026-01-05
8200 Furness Dr
Woodbridge Sec 03
$380,000 $224 3 bd / 2 ba 1,693 sqft , 2026-06-05
12800 Meehan Dr
Scofield Farms Ph 01 Sec 02-A
$380,000 $288 3 bd / 3 ba 1,321 sqft , 2026-07-08
7812 City Top Blvd
Parker Station
$380,000 $207 4 bd / 2 ba 1,837 sqft , 2026-07-09
14705 Debba Dr
Apache Shores Sec 05
$379,999 $287 3 bd / 1 ba 1,323 sqft , 2025-10-02

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
$1,824/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
$76,000
20% conventional investment loan

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

Estimated Gross Rent+$1,824
Principal + Interest−$2,074
Property Tax (~2.1% TX avg)−$665
Insurance (~0.5%)−$158
Est. Monthly Cash Flow $-1,073

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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