Active Listing  ·  137 days on market

15016 Thatcher Dr

Austin, TX 78717
$599,900
3 Bed 3 Bath 2,492 sqft $241/sqft Built 2001 2-Car Garage Pool Davis Spring

Beautifully maintained single-story home offering 3 bedrooms, a formal dining room, dedicated office, 2 living areas, and 2.5 bathrooms across 2,492 square feet on a generous .207-acre lot. The handsome stone elevation, mature trees, manicured landscaping, and covered flagstone front patio with an upgraded leaded glass and wood front door create stunning curb appeal.

Inside, a welcoming foyer opens to a spacious, thoughtfully designed floor plan ideal for multigenerational living. Features include easy-care ceramic tile flooring, extensive crown molding, recessed lighting, and custom blinds throughout. The light-filled formal dining room showcases crown and chair molding with a chandelier, while the dedicated office offers a quiet, refined workspace.

The open-concept living area boasts tall ceilings, floor-to-ceiling windows overlooking the lush backyard, decorative art niches, a fireplace with mantle, and surround sound wiring. The spacious kitchen is well-appointed with abundant cabinetry, tile backsplash, black appliances, gas cooktop, corner pantry, casual eating bar, and sunny breakfast nook.

The serene primary suite features soaring ceilings with elegant architectural details and an ensuite bath with dual vanities (including a seated vanity), white cabinetry, a corner soaking tub, separate extended shower, and walk-in closet. A secondary flex space provides versatility as a game room, hobby area, or additional office.

Secondary bedrooms include tall ceilings and ceiling fans. A spacious laundry room offers shelving and room for an additional refrigerator or freezer, plus a convenient powder bath.

Step outside to a gorgeous backyard with impeccable landscaping, mature trees, scalloped garden beds, and a patio perfect for outdoor entertaining. Zoned to acclaimed Round Rock ISD schools: England Elementary, Pearson Ranch Middle, and McNeil High School.

At $241/sqft, this home is 38% 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

15016 Thatcher Dr, Austin, TX 78717

Property Details

Price $599,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,492 sqft
Lot Size ,
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Davis Spring
County Williamson
Zip Code 78717
$/sqft $241/sqft
Days on Market ,
HOA $45/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223078955
List Date March 20, 2026
Elementary School Elsa England
Middle School Pearson Ranch
High School McNeil
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
2002 Glen Allen St #104
Glen Allen Condos
$599,900 $323 2 bd / 3 ba 1,858 sqft , 2026-01-02
3305 Santa Monica Dr
Santa Monica Park
$599,900 $267 3 bd / 3 ba 2,243 sqft , 2026-03-12
11203 Andenwood Dr
Canyon Creek Sec 01
$599,900 $259 4 bd / 3 ba 2,318 sqft , 2026-02-09
3907 Skipton Dr
Milwood Sec 04
$599,900 $369 4 bd / 2 ba 1,627 sqft , 2026-05-07
5002 E Pecan Springs Rd #7
Lofts at St Stephens Condos
$599,900 $274 4 bd / 4 ba 2,191 sqft , 2026-05-08

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
$2,880/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
$119,980
20% conventional investment loan

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

Estimated Gross Rent+$2,880
Principal + Interest−$3,274
Property Tax (~2.1% TX avg)−$1,050
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,694

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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