About This Home

Great starter home just minutes to Tesla. Updated with silestone countertops and beautiful wood like vinyl. Super cute home and ready for your picky buyer. Water softener included. Small private yard.

At $204/sqft, this home is 48% 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

15111 Parrish Ln, Austin, TX 78725

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Property Details

Price $265,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,300 sqft

Lot Size 0.10 acres (4,138.2 sqft)

Year Built 2010

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Austin's Colony

County Travis

Zip Code 78725

$/sqft $204/sqft

Days on Market ,

HOA $65/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT239774448

List Date July 13, 2026

Elementary School Gilbert

Middle School Dailey

High School Del Valle

School District ,

Have Questions About This Property?

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

6821 Old Quarry Ln
Townhomes Northwest Hills $265,000 $276 2 bd / 2 ba 961 sqft , 2026-03-21

4307 1st St S #101
Pharo Condo $265,000 $270 2 bd / 2 ba 982 sqft , 2025-08-31

3902 Louise Lee Dr
Austin's Colony $265,000 $154 3 bd / 2 ba 1,722 sqft , 2026-02-04

12500 Lamppost Ln #16
CAPITAL A CONDOMINIUMS AT LAMPPOST $265,000 $190 3 bd / 3 ba 1,398 sqft , 2026-04-29

4516 Kind Way #253
Chaparral Crossing Condo Amd $265,000 $185 3 bd / 3 ba 1,432 sqft , 2026-05-25

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

$1,272/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

$53,000

20% conventional investment loan

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

Estimated Gross Rent+$1,272

Principal + Interest−$1,446

Property Tax (~2.1% TX avg)−$464

Insurance (~0.5%)−$110

Est. Monthly Cash Flow $-748

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

15111 Parrish Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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