Amazing custom home with three decks, four Bedrooms and three Baths overlooking Lake Apache
At $329/sqft, this home is 16% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →
Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.
Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.
AddressList Price$/sqftBeds/BathsSqftDOMListed
12009 Fennec Way Foxfield$824,999$3903 bd / 3 ba2,116 sqft,2026-04-10
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
$3,960/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
$164,998
20% conventional investment loan
Monthly Cash Flow Breakdown (20% down · 7.25% rate)
Estimated Gross Rent+$3,960
Principal + Interest−$4,502
Property Tax (~2.1% TX avg)−$1,444
Insurance (~0.5%)−$344
Est. Monthly Cash Flow$-2,330
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: