About This Home

EXTRA LARGE LOT IN THE LAKE AREA!!! SPECTACULAR TEXAS HILL COUNTRY VIEWS WITH LIVE FRESH WATER SPRING & SWIMMING HOLE - THIS PROPERTY IS SPECIAL! WELL MAINTAINED COTTAGE WITH CHARMING AMBIANCE & VIBE*THERE ARE REALLY NICE TERRACES FOR OTHER BUILDING SITES*NO ZONING & HOA SO THE CREATIVE OPTIONS ARE EXCITING*GREAT FOR A LIVE/WORK SCENARIO* LAKE AUSTIN & LAKE TRAVIS ARE CLOSE BY ALONG WITH ALL THE MODERN CONVENIENCES - SHOPPING, RESTAURANTS, SCHOOLS & MAIN ROADWAYS WHILE ENJOYING YOUR PRIVATE OASIS!!! IF YOU LOVE NATURAL BEAUTY - THIS PROPERTY IS FOR YOU!!!

At $415/sqft, this home is priced 6% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

15101 DEXLER Dr, Austin, TX 78734

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Property Details

Price $519,000

Status Active Listing

Beds 1

Full Baths 1

Half Baths 1

Living Area 1,250 sqft

Lot Size 2.40 acres (104,326.2 sqft)

Year Built 2022

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Cardinal Hills Estates Unit 12

County Travis

Zip Code 78734

$/sqft $415/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT206965352

List Date September 25, 2025

Elementary School Lake Travis

Middle School Hudson Bend

High School Lake Travis

School District Lake Travis ISD

School District

Lake Travis ISD

Lake Travis · Hudson Bend · Lake Travis

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · September 25, 2025 $599,000

Previous ask $549,000

Current ask $519,000

▼ Reduced $80,000 (-13.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

14514 Hunters Pass
Apache Shores Sec 02 $449,000 $350 2 bd / 2 ba 1,284 sqft , 2026-10-30

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

$2,491/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

$103,800

20% conventional investment loan

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

Estimated Gross Rent+$2,491

Principal + Interest−$2,832

Property Tax (assumed ~2.1%)−$908

Insurance (assumed ~0.5%)−$216

Est. Monthly Cash Flow $-1,465

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

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 41 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. The written content was last updated on September 29, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

15101 DEXLER Dr

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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