Active Listing  ·  2 days on market

11904 Dispatch Way #62

Austin, TX 78748
$362,500
3 Bed 3 Bath 1,798 sqft $202/sqft Built 2019 0.14 acres 2-Car Garage Pool SummerRow

Do not miss this incredible opportunity to purchase an impeccably maintained Milestone home in SummerRow! Built in 2019, the sellers purchased this property brand new with the intention of using it as a second home & never do. Their loss is your gain! Priced to sell and in spotless move-in ready condition, this two story home features a well appointed open floor plan downstairs perfect for entertaining! The gourmet kitchen showcases granite counters, stainless energy star appliances, oversized center island and plenty of cabinet space for storage! All bedrooms are up including the spacious primary suite. This home sits on one of the rare larger lots in the subdivision with a private fully fenced & fully turfed backyard that backs to the Rancho Alto neighborhood. This property is the perfect lock & leave option! Landscaping and common area maintenance are included in the monthly HOA dues so lawn care is never a worry here! Conveniently located within walking distance of the Texican Cafe as well as the entire Manchaca Entertainment District including Armadillo Den, Clara's Day Dive, The Hive, Bouldin Acres, Moontower Saloon, Bricks & so much more! Hop on 45 for a quick commute anywhere!

At $202/sqft, this home is 48% 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

11904 Dispatch Way #62, Austin, TX 78748

Property Details

Price $362,500
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 $202/sqft
Days on Market ,
HOA $178/Monthly
Annual Tax Est. $6,079.27
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249001305
List Date October 6, 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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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
1300 Falconer Way
Summerrow
$365,000 $219 3 bd / 3 ba 1,667 sqft , 2026-08-05
11609 Buster Crabbe Dr
Olympic Heights West
$358,000 $266 3 bd / 2 ba 1,346 sqft , 2026-08-24
1209 Falconer Way
Summerrow HOA
$369,990 $216 3 bd / 3 ba 1,710 sqft , 2026-07-11
2005 Garretts Way
Hills Of Bear Creek
$370,000 $187 3 bd / 3 ba 1,975 sqft , 2026-08-04
2013 Jim Craig Ct
Rancho Alto Ph 02
$370,000 $230 4 bd / 2 ba 1,612 sqft , 2026-09-25

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
$1,740/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
$72,500
20% conventional investment loan

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

Estimated Gross Rent+$1,740
Principal + Interest−$1,978
Property Tax (~2.1% TX avg)−$634
Insurance (~0.5%)−$151
Est. Monthly Cash Flow $-1,023

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 October 7, 2026.

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