Active Listing  ·  27 days on market

1307 SOCORRO Dr

Austin, TX 78734
$649,000
3 Bed 3 Bath 2,600 sqft $250/sqft Built 2006 0.62 acres 2-Car Garage Pool Apache Shores Sec 07

Beautifully maintained and exceptionally clean, this Texas Hill Country home offers stunning views, an oversized lot & Lake Austin access for privileged property owners. Located in the desirable Lake Travis area, the home features a functional floor plan with the primary suite on the main level and secondary bedrooms and a full bathroom upstairs. An enclosed room adjoining the outdoor patio provides additional space to relax and enjoy the surroundings. Gorgeous mature trees and lovingly maintained landscaping enhance the expansive yard, with room at the rear of the property for RV or boat storage. Enjoy Hill Country living with convenient access to major roadways, schools, shopping, and restaurants. Situated within a highly regarded school district, this inviting property brings together a beautifully cared-for home, a lovely setting, and the outdoor lifestyle that makes the Lake Travis area so special.

At $250/sqft, this home is 36% 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

1307 SOCORRO Dr, Austin, TX 78734

Property Details

Price $649,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,600 sqft
Lot Size 0.62 acres (27,146.59 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Apache Shores Sec 07
County Travis
Zip Code 78734
$/sqft $250/sqft
Days on Market ,
HOA $120/Annually
Annual Tax Est. $10,621.96
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250055209
List Date October 16, 2026
Elementary School Lake Travis
Middle School Hudson Bend
High School Lake Travis
School District Lake Travis ISD

Lake Travis ISD

Lake Travis · Hudson Bend · Lake Travis

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
2913 Chisholm Trl
Apache Shores 01 Instl
$700,000 $313 3 bd / 3 ba 2,236 sqft , 2026-04-09
3113 Chisholm Trl
Apache Shores 01 Instl
$575,000 $279 3 bd / 3 ba 2,061 sqft , 2026-07-23
2302 Quanah Parker Trl
Apache Shores Sec 03 Amd
$569,000 $289 4 bd / 3 ba 1,970 sqft , 2026-09-10
13710 Hunters Pass
Apache Shores Sec 06
$799,000 $321 3 bd / 3 ba 2,492 sqft , 2026-10-13
2645 Crazyhorse Pass
Apache Shores Sec 03 Amd
$484,000 $237 3 bd / 3 ba 2,043 sqft , 2026-09-24

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
$3,115/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
$129,800
20% conventional investment loan

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

Estimated Gross Rent+$3,115
Principal + Interest−$3,542
Property Tax (assumed ~2.1%)−$1,136
Insurance (assumed ~0.5%)−$270
Est. Monthly Cash Flow $-1,833

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 · 41 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. The written content was last updated on November 8, 2026.

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

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