Active Listing  ·  90 days on market

1503 Desert Quail Ln

Austin, TX 78758
$550,000
4 Bed 3 Bath 2,198 sqft $250/sqft Built 1971 0.21 acres 2-Car Garage Pool Quail Creek West Ph 02 Sec 01

Welcome to this beautifully updated 4-bedroom, 3-full bath home in the highly sought-after Quail Creek community. Designed for both everyday living and entertaining, this spacious home features an open-concept layout with a chef-inspired kitchen that flows seamlessly into the dining and living areas. A formal living room with a cozy fireplace adds warmth and character, while beautiful flooring throughout creates a stylish, inviting atmosphere. Two spacious primary suites offer exceptional flexibility for multi-generational living or guests, complemented by generously sized secondary bedrooms that can easily serve as a home office or gym. Conveniently located just minutes from shopping, dining, parks, The Domain, Q2 Stadium, and major highways, this home offers the perfect blend of comfort, functionality, and prime North Austin location. Schedule your private showing today!

At $250/sqft, this home is 36% 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

1503 Desert Quail Ln, Austin, TX 78758

Property Details

Price $550,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,198 sqft
Lot Size 0.21 acres (9,352.33 sqft)
Year Built 1971
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Quail Creek West Ph 02 Sec 01
County Travis
Zip Code 78758
$/sqft $250/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,152.78
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238814235
List Date July 10, 2026
Elementary School Cook
Middle School Burnet (Austin ISD)
High School McCallum
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
10101 Parkfield Dr
Quail Creek Ph 03 Sec 01
$549,900 $244 4 bd / 3 ba 2,255 sqft , 2026-06-05
10201 Parkfield Dr
Quail Creek Ph 03 Sec 03
$539,900 $260 4 bd / 2 ba 2,077 sqft , 2026-09-10
9202 Hunters Trce
Quail Creek West Sec 03
$530,000 $303 4 bd / 2 ba 1,749 sqft , 2026-08-17
106 W Fawnridge Dr #1
Georgian & Fawnridge Add
$525,000 $300 3 bd / 3 ba 1,752 sqft , 2026-09-19
1315 Quail Park Dr
Quail Creek Ph 02 Sec 01
$524,900 $262 4 bd / 3 ba 2,006 sqft , 2026-09-02

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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 →