Active Listing  ·  34 days on market

15001 Custis Ln

Austin, TX 78724
$299,999
4 Bed 2 Bath 1,857 sqft $162/sqft Built 2018 0.14 acres 2-Car Garage Pool Austin's Colony

Welcome to this beautifully designed 4-bedroom, 2-bath home offering 1,857 square feet of thoughtfully planned living space with the highly desirable Freedom floor plan, complete with an attached 2-car garage, a recently installed roof, move-in ready stainless steel appliances, and a screened-in porch perfect for year-round enjoyment. Built for both comfort and functionality, the open-concept design seamlessly connects the main living areas, creating an inviting space for everyday living and entertaining.

At the heart of the home is a chef-inspired island kitchen featuring over 15 square feet of granite countertop prep space, stainless steel appliances, a gas range, and an oversized island overlooking the living and dining areas. A generous walk-in pantry with elegant French doors provides exceptional storage while adding a touch of style. Whether preparing meals or entertaining guests, the open layout keeps everyone connected from the kitchen to the spacious living room and outdoor patio.

Privately situated at the rear of the home, the primary suite serves as a peaceful retreat with a spacious ensuite bath and a huge walk-in closet. Three additional bedrooms offer flexibility for family, guests, a home office, or hobbies, while the secondary bathroom is conveniently positioned to serve the remaining bedrooms.

Step outside to enjoy the fully fenced backyard, an ideal extension of the home's living space for relaxing or entertaining in every season. Residents also enjoy exceptional community amenities, including a resort-style swimming pool, basketball court, and amenity center. Outdoor enthusiasts will appreciate being just minutes from Austin Colony Colorado River Park and Austin's Colony Neighborhood Park, offering scenic green spaces, walking trails, and recreational opportunities nearby. Combining modern finishes, a functional layout, and outstanding neighborhood amenities, this home is ready to welcome its next owners.

At $162/sqft, this home is 59% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

15001 Custis Ln, Austin, TX 78724

Property Details

Price $299,999
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,857 sqft
Lot Size 0.14 acres (6,120.18 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Austin's Colony
County Travis
Zip Code 78724
$/sqft $162/sqft
Days on Market ,
HOA $40/Monthly
Annual Tax Est. $5,170.32
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238115776
List Date July 1, 2026
Elementary School Hornsby-Dunlap
Middle School Dailey
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
1416 Bichon Bnd
Smithfield
$299,999 $192 3 bd / 3 ba 1,565 sqft , 2026-03-04
12287 Abbey Glen Ln #D-1
Victoria Glen Amd
$299,999 $174 3 bd / 3 ba 1,722 sqft , 2026-05-02
5305 Ingersoll Ln S
Addison Sec 1 Sub
$300,000 $157 3 bd / 3 ba 1,914 sqft , 2026-01-31
6800 Baythorne Dr
Sheldon 230
$300,000 $145 3 bd / 3 ba 2,068 sqft , 2026-04-29
10537 Steinbeck Dr
Bradshaw Crossing Sub
$300,000 $182 3 bd / 2 ba 1,650 sqft , 2026-05-20

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
$1,440/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
$60,000
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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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