Active Listing  ·  108 days on market

1408 Rambling Rose Rd

Austin, TX 78745
$469,990
3 Bed 3 Bath 1,810 sqft $260/sqft Built 2026 0.17 acres 2-Car Garage Pool New Construction Novel

Introducing the Audryna floorplan, a beautifully designed home that seamlessly blends modern living with comfort and style. This spacious layout features an inviting great room that flows effortlessly into a gourmet kitchen equipped with a large island, perfect for entertaining. The dining area opens to a covered patio through sliding glass doors, creating an ideal indoor-outdoor living experience. The first floor also includes a convenient powder room and ample storage space.

Upstairs, the luxurious master suite boasts a walk-in closet and an elegant ensuite bathroom with dual sinks. Additional bedrooms share access to another full bathroom, making this home perfect for guests. This floorplan is designed to cater to all your lifestyle needs, offering ample space for relaxation and entertainment

At $260/sqft, this home is 34% 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

1408 Rambling Rose Rd, Austin, TX 78745

Property Details

Price $469,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,810 sqft
Lot Size 0.17 acres (7,588.15 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Novel
County Travis
Zip Code 78745
$/sqft $260/sqft
Days on Market ,
HOA $182/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT229395054
List Date May 8, 2026
Elementary School Casey
Middle School Bedichek
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 · May 8, 2026 $489,990
Previous ask $479,990
Current ask $469,990
Reduced $20,000 (-4.1%) 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
2511 Keepsake Dr
Grand Oaks Amd
$465,000 $315 3 bd / 3 ba 1,474 sqft , 2026-07-24
7709 Menchaca Rd #1
Stinson Oaks
$474,999 $210 4 bd / 4 ba 2,267 sqft , 2026-07-01
8503 Cornwall Dr
Buckingham Estates Ph Iii Sec
$475,000 $386 3 bd / 2 ba 1,231 sqft , 2026-04-16
8814 United Kingdom Dr
Buckingham Estates Ph 04 Sec A
$475,000 $320 4 bd / 2 ba 1,483 sqft , 2026-05-16
2311 Sheri Oak Ln
Oak Valley Park Sec 03
$455,000 $276 3 bd / 2 ba 1,651 sqft , 2026-07-30

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
$2,256/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
$93,998
20% conventional investment loan

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

Estimated Gross Rent+$2,256
Principal + Interest−$2,565
Property Tax (~2.1% TX avg)−$822
Insurance (~0.5%)−$196
Est. Monthly Cash Flow $-1,327

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 23, 2026.

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