About This Home

Welcome to your own private oasis. Featuring a natural swimming pond. Imagine having your own private Barton Springs!

This beautiful home was thoughtfully designed with 4 bedrooms and 2 baths, natural light and tile flooring throughout. However, the amazing outdoor space is where you will spend all your time. So much space to relax, cool off and enjoy the endless Texas sunshine.

Gated and private parking on the side of the property offers convenience and peace of mind.

Make an appointment to see this one of a kind property!

At $443/sqft, this home is priced 13% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1428 Corona Dr, Austin, TX 78723

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Property Details

Price $592,500

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,338 sqft

Lot Size 0.18 acres (7,666.56 sqft)

Year Built 1954

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Delwood 04 Sec B

County Travis

Zip Code 78723

$/sqft $443/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT228250313

List Date April 30, 2026

Elementary School Harris

Middle School Lamar (Austin ISD)

High School Northeast Early College

School District ,

Have Questions About This Property?

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 · April 30, 2026 $595,000

Current ask $592,500

▼ Reduced $2,500 (-0.4%) 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

1807 Corona Dr
Delwood 04 East Sec 02 $599,990 $396 3 bd / 2 ba 1,516 sqft , 2026-08-11

2105 Brunswick Dr
Windsor Park 02 Sec 02 $625,000 $416 3 bd / 2 ba 1,504 sqft , 2026-03-31

1613 Glencrest Dr
Colonial Hills Sec 01 $549,999 $357 3 bd / 2 ba 1,540 sqft , 2026-07-03

1308 BROADMOOR Dr
WINDSOR PARK SEC 4A $549,000 $400 3 bd / 2 ba 1,372 sqft , 2026-05-04

1609 Larkwood Dr
Delwood 04 Sec B $545,000 $446 3 bd / 1 ba 1,222 sqft , 2026-07-11

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

$2,844/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

$118,500

20% conventional investment loan

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

Estimated Gross Rent+$2,844

Principal + Interest−$3,234

Property Tax (~2.1% TX avg)−$1,037

Insurance (~0.5%)−$247

Est. Monthly Cash Flow $-1,674

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

About the Author

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 9, 2026.

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

1428 Corona Dr