Active Listing  ·  179 days on market

1301 O REILLY Dr

Austin, TX 78734
$1,695,000
1 Bed 2 Bath 5,004 sqft $339/sqft Built 2025 0.22 acres 1-Car Garage Pool New Construction CARDINAL HILLS ESTATES

THIS EXCEPTIONAL LUXURY GARAGE/RESIDENCE OFFERS ARCHITECTURAL SOPHISTICATION, PREMIUM

CONSTRUCTION, VERSATILITY & SPECIAL DETAILS THROUGHOUT*LOCATED IN THE FAMOUS LAKE TRAVIS AREA THIS PRISTINE PROPERTY IS DESIGNED FOR ELITE AUTOMOTIVE LIVING WITH A MUSEUM QUALITY SPACE FOR PREMIER VEHICLE COLLECTIONS WHILE DELIVERING THE COMFORT & REFINEMENT OF A PRIVATE LUXURY RESIDENCE*THE SOARING CEILINGS, CLEAN ARCHITECTURAL LINES & GALLERY-STYLE LIGHTING IS THE PERFECT BACK DROP FOR SHOWCASING EXOTIC CARS, RVS, BOATS & CURATED COLLECTIONS*THE RESIDENCE IS EQUALLY IMPRESSIVE BOASTING OF DESIGNER FINISHES, SLEEK MODERN LINES & QUALITY CRAFTSMANSHIP*ENTERTAIN IN STYLE WITH

A CUSTOM LOUNGE, WET BAR, LARGE OPEN MEZZANINE & BEAUTIFUL KITCHEN*THIS PROPERTY IS PERFECTLY SUITED FOR COLLECTORS, ENTREPRENEURS OR ENTHUSIASTS SEEKING A STATEMENT

PROPERTY THAT MERGES LUXURY LIVING WITH AUTOMOTIVE PASSION*BRING YOUR DISCERNING BUYERS ONLY - THIS PROPERTY IS SPECIAL!!! *BARNDOMINIUM*

At $339/sqft, this home is 13% 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

1301 O REILLY Dr, Austin, TX 78734

Property Details

Price $1,695,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths 1
Living Area 5,004 sqft
Lot Size 0.22 acres (9,748.73 sqft)
Year Built 2025
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision CARDINAL HILLS ESTATES
County Travis
Zip Code 78734
$/sqft $339/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT218148282
List Date February 6, 2026
Elementary School Lake Travis
Middle School Hudson Bend
High School Lake Travis
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
1801 Lavaca St #12GHJ
Cambridge Condos
$2,100,000 $579 2 bd / 3 ba 3,628 sqft , 2026-07-31

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
$8,136/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
$339,000
20% conventional investment loan

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

Estimated Gross Rent+$8,136
Principal + Interest−$9,250
Property Tax (~2.1% TX avg)−$2,966
Insurance (~0.5%)−$706
Est. Monthly Cash Flow $-4,786

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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