Active Listing  ·  30 days on market

11904 Dispatch Way #62

Austin, TX 78748
$379,500
3 Bed 3 Bath 1,798 sqft $211/sqft Built 2019 0.14 acres 2-Car Garage Pool SummerRow

$5000 Seller Paid Interest Rate Buy Down or Closing Cost Credit!!! Discover convenient modern living in this impeccably maintained Milestone Home, ideally situated within walking distance of all local conveniences in South Austin. This move-in ready property sits on one of the best lots in the neighborhood for not only size & location, but mature shade trees as well! This home offers 1798 square feet of well-appointed living space with an open downstairs floor plan, perfect for entertaining! All bedrooms are located upstairs including a generous primary suite with ample space for a reading nook, workout corner or temporary nursery. This property was purchased directly from the builder as a second home for the owners, but they have unfortunately under-utilized it & are ready to move on to retirement! The home itself has been lived in less than 40 days total since the purchase so it feels BRAND NEW! Recent upgrades include the addition of turf & custom landscaping in the backyard. This backyard update paired with the HOA provided exterior & yard maintenance makes this property the perfect lock & leave option! Conveniently located within walking distance of dining, shopping, grocery, entertainment & so much more! A few minutes drive to 45, IH35, MoPac/Loop 1 & all other major thoroughfares for a quick and easy commute North or South.

At $211/sqft, this home is 46% 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

11904 Dispatch Way #62, Austin, TX 78748

Property Details

Price $379,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,798 sqft
Lot Size 0.14 acres (5,976.43 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision SummerRow
County Travis
Zip Code 78748
$/sqft $211/sqft
Days on Market ,
HOA $178/Monthly
Annual Tax Est. $7,049.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239305508
List Date July 15, 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 · July 15, 2026 $389,500
Current ask $379,500
Reduced $10,000 (-2.6%) 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
11704 Paul E Anderson Dr
Olympic Heights Sec 02
$379,000 $245 3 bd / 3 ba 1,550 sqft , 2026-03-18
11816 Dave Silk Dr
Rancho Alto Ph 01
$380,000 $207 4 bd / 3 ba 1,836 sqft , 2026-05-23
11304 Canterbury Tales Ln
Canterbury Trails Sec 04
$383,000 $221 3 bd / 3 ba 1,736 sqft , 2026-05-05
1209 Falconer Way
Summerrow HOA
$375,000 $219 3 bd / 3 ba 1,710 sqft , 2026-07-11
1300 Falconer Way
Summerrow
$365,000 $219 3 bd / 3 ba 1,667 sqft , 2026-08-05

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
$1,822/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
$75,900
20% conventional investment loan

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

Estimated Gross Rent+$1,822
Principal + Interest−$2,071
Property Tax (~2.1% TX avg)−$664
Insurance (~0.5%)−$158
Est. Monthly Cash Flow $-1,071

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 7, 2026.

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