About This Home

Beautiful home in the Forest Bluff community in Austin recently refreshed with interior and exterior paint, new carpet and a new roof! The home has a nice open floor plan with 3 bedrooms and 2 full baths, 2 car front entry garage and fenced backyard. Enjoy easy care flooring throughout your daily living space and carpet in your bedrooms, island kitchen and breakfast bar plus lots of counter space. Centrally located with a convenient commute in any direction for all the things in Austin!

At $197/sqft, this home is 50% 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

15108 Bullbrier Rd, Austin, TX 78724

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Property Details

Price $298,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,514 sqft

Lot Size 0.13 acres (5,754.28 sqft)

Year Built 2017

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Forest Bluff Sec 6

County Travis

Zip Code 78724

$/sqft $197/sqft

Days on Market ,

HOA $34/Monthly

Annual Tax Est. $4,503.69

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT244214511

List Date August 21, 2026

Elementary School Gilbert

Middle School Dailey

High School Del Valle

School District ,

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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

5501 English Ave
Forest Bluff Sec 02 $299,990 $226 3 bd / 2 ba 1,326 sqft , 2026-03-12

5901 Berriweather Dr
Tiermo $293,000 $159 4 bd / 3 ba 1,846 sqft , 2026-07-03

15210 Wideleaf Cv
Forest Bluff Sec 05 $289,000 $177 3 bd / 2 ba 1,630 sqft , 2026-06-05

5920 Montrelia Dr
LOT 26 BLK N GILBERT LANE PHS 3 $309,000 $152 4 bd / 2 ba 2,029 sqft , 2026-08-04

5820 Ronee Leah Dr
TIERMO $285,000 $167 4 bd / 2 ba 1,702 sqft , 2026-10-01

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

$1,435/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

$59,780

20% conventional investment loan

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

Estimated Gross Rent+$1,435

Principal + Interest−$1,631

Property Tax (~2.1% TX avg)−$523

Insurance (~0.5%)−$125

Est. Monthly Cash Flow $-844

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 · 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 August 22, 2026.

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

15108 Bullbrier Rd

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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