Active Listing  ·  126 days on market

1404 Sir Thopas Trl

Austin, TX 78748
$355,000
3 Bed 2 Bath 1,271 sqft $279/sqft Built 2000 0.11 acres 2-Car Garage Pool Canterbury Trails Sec 05

Featuring a new price and offering a $2500 buyer closing credit - Welcome home to 1404 Sir Thopas Trl! Nestled in the mature community of Canterbury Trails, this 3 bedroom, 2 bathroom home is where modern finishes meet major system upgrades, and offers true move-in-ready convenience. Thoughtfully improved over the last few years, this 1271sq ft property offers peace of mind with big-ticket items already taken care of—making it an exceptional value for today’s buyer. Finishes throughout include luxury vinyl plank flooring, fresh interior paint, and all-new lighting. The kitchen has been fully updated with new cabinets, quartz countertops, a new sink, faucet, and brand-new Whirlpool appliances. If you want to add a flex room but don't want to pay big bucks, the garage includes HVAC and insulation, offering ~380 sq ft. of space ideal for an office, gym, or second living area. Major improvements include a new roof (2019), oversized HVAC system (2023, with warranty), foundation repair with lifetime transferable warranty (2025), a new gas water heater (2026), and a brand new xeriscaped front yard. Additional updates include a new fence and gate, updated bathrooms, new blinds, trim, some new doors/windows, and updated hardware throughout. Wondering about the area? Within the community there is a playground and nearby park with walking and biking trails. The location is right off Menchaca road as well, so you're close to all of the action! As one of South Austin's growing hotspots, you can quickly access a variety of restaurants, coffee shops and bars with live music, or get some shopping done at the nearby Southpark Meadows. Reach out to schedule your tour today!

At $279/sqft, this home is 28% 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

1404 Sir Thopas Trl, Austin, TX 78748

Property Details

Price $355,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,271 sqft
Lot Size 0.11 acres (4,935.35 sqft)
Year Built 2000
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Canterbury Trails Sec 05
County Travis
Zip Code 78748
$/sqft $279/sqft
Days on Market ,
HOA $214/Annually
Annual Tax Est. $7,665.58
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223034701
List Date April 10, 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
11342 Canterbury Tales Ln
Canterbury Trails Sec 04
$354,000 $215 3 bd / 3 ba 1,649 sqft , 2026-07-16
1701 McClannahan Dr
Rancho Alto Ph 01
$359,900 $234 3 bd / 2 ba 1,541 sqft , 2026-07-14
11917 Buzz Schneider Ln
Rancho Alto Ph 01
$360,000 $234 3 bd / 2 ba 1,538 sqft , 2026-08-13
11515 Easy St
Mooreland Add
$349,000 $260 3 bd / 2 ba 1,340 sqft , 2026-08-13
11313 Pardoners Tale Ln
Canterbury Trails Sec 05
$364,999 $257 3 bd / 3 ba 1,422 sqft , 2026-05-21

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
$1,704/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
$71,000
20% conventional investment loan

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

Estimated Gross Rent+$1,704
Principal + Interest−$1,937
Property Tax (~2.1% TX avg)−$621
Insurance (~0.5%)−$148
Est. Monthly Cash Flow $-1,002

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 June 29, 2026.

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