Active Listing  ·  314 days on market

15000 Maha Rd

Austin, TX 78719
$1,499,976
2 Bed 1 Bath 1,132 sqft $1,325/sqft Built 1923 35.90 acres Pool none

Fantastic opportunity to own land within the Opportunity Zone in Travis County. This property is two side by side parcels totaling 35 +/- acres with 900 +/- feet of road frontage along Maha Road. A 4" water line with Creedmoor-Maha Water Supply serves this property. There is a 6" line about .25 miles away. There are currently two water meters on the property. Excellent proximity to Austin Bergstrom International Airport at just 19 minutes away, Tesla is 13 minutes away, and Downtown Austin just 30 minutes in light traffic. Level topography with native trees and wet weather tanks and creek would make this a wonderful buy and hold ranch or for personal use as well. This property is not currently AG exempt but could qualify, ask agent for details. The 2 bedroom, 1 bathroom farmhouse has a newer metal roof and has income producing potential. 15000 Maha Rd offers so much potential. Don't miss it!

At $1,325/sqft, this home is priced 239% 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

15000 Maha Rd, Austin, TX 78719

Property Details

Price $1,499,976
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 1,132 sqft
Lot Size 35.90 acres (1,563,804 sqft)
Year Built 1923
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision none
County Travis
Zip Code 78719
$/sqft $1,325/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,396.82
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT207631960
List Date September 24, 2025
Elementary School Del Valle
Middle School Del Valle
High School Del Valle
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
200 Congress Ave #23C
Austonian Condo Community
$1,500,000 $1,025 2 bd / 2 ba 1,464 sqft , 2025-10-17
804 W 30 1/2 St
Oakwood
$1,495,000 $1,090 2 bd / 2 ba 1,371 sqft , 2026-07-09
1510 Buffalo Gap Rd
Buffalo Gap
$1,450,000 $949 2 bd / 2 ba 1,528 sqft , 2026-06-05
44 East Ave #3402
44 EAST AVE CONDIMINIUMS
$1,425,000 $1,028 2 bd / 2 ba 1,386 sqft , 2026-02-02
70 Rainey St #1908
70 Rainey Residences
$1,395,000 $973 2 bd / 2 ba 1,434 sqft , 2026-06-19

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
$7,200/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
$299,995
20% conventional investment loan

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

Estimated Gross Rent+$7,200
Principal + Interest−$8,186
Property Tax (~2.1% TX avg)−$2,625
Insurance (~0.5%)−$625
Est. Monthly Cash Flow $-4,236

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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