Active Listing  ·  6 days on market

1415 Mearns Meadow Blvd

Austin, TX 78758
$468,000
4 Bed 2 Bath 1,588 sqft $295/sqft Built 1973 0.27 acres 2-Car Garage Pool Quail Creek West Ph 02 Sec 10

Welcome to 1415 Mearns Meadow! This single-story home sits on a large corner lot right in the heart of North Austin. In 2023, this 4-bedroom, 2-bath home underwent an extensive renovation, with new windows, doors, plumbing, lighting, flooring, paint, and insulation. The bright, open layout includes two living areas and a large dining space. Completed foundation work is backed by a lifetime warranty, and a new roof was installed in May 2024. The kitchen is the centerpiece of the home, featuring custom cabinets, quartz counters, and modern appliances, all opening to the dining and living spaces. Upscale wood-look laminate flooring runs throughout. The huge, level backyard, shaded by mature trees, offers plenty of room to relax, play, or entertain. Nearby road and creek improvement projects have been completed, which may positively affect the property's flood zone designation in the future. Cook Elementary is a short walk away, and because the home sits opposite the pickup and drop-off line, you get the convenience without the school-zone traffic. You're also minutes from the CapMetro rail line, The Domain, Q2 Stadium, downtown, the airport, and major employers. Bonus: there's no HOA, and the property tax rate is just 2.04%. A must-see!

At $295/sqft, this home is 25% 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

1415 Mearns Meadow Blvd, Austin, TX 78758

Property Details

Price $468,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,588 sqft
Lot Size 0.27 acres (11,591.32 sqft)
Year Built 1973
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Quail Creek West Ph 02 Sec 10
County Travis
Zip Code 78758
$/sqft $295/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,433.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248509681
List Date October 2, 2026
Elementary School Cook
Middle School Burnet (Austin ISD)
High School Navarro Early College
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
1007 Quail Park Dr
Quail Creek Sec 04
$465,000 $268 4 bd / 2 ba 1,734 sqft , 2026-04-09
1106 S Meadows Dr SW #2
1106 South Mdws Drive Condos B
$475,000 $279 4 bd / 3 ba 1,703 sqft , 2026-07-07
10901 Parkfield Dr
Village At Quail Creek Sec 02
$475,000 $306 3 bd / 2 ba 1,550 sqft , 2026-08-30
1801 Ohlen Rd
Wooten Terrace Sec 01
$475,000 $289 3 bd / 2 ba 1,646 sqft , 2026-09-03
9207 Hunters Trce
Quail Creek West Sec 03
$459,900 $265 4 bd / 2 ba 1,736 sqft , 2026-06-14

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
$2,246/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
$93,600
20% conventional investment loan

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

Estimated Gross Rent+$2,246
Principal + Interest−$2,554
Property Tax (~2.1% TX avg)−$819
Insurance (~0.5%)−$195
Est. Monthly Cash Flow $-1,322

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 3, 2026.

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