Active Listing  ·  27 days on market

15204 Canary St

Austin, TX 78734
$750,000
3 Bed 3 Bath 2,845 sqft $264/sqft Built 2006 0.28 acres 2-Car Garage Pool Cardinal Hills Unit 03

Perched on a spacious corner lot in Cardinal Hills, this beautifully updated home offers breathtaking panoramic Hill Country views from nearly every level. Designed with both everyday living and entertaining in mind, the open concept main floor features a generous living area that flows seamlessly into the kitchen, complete with an induction cooktop, abundant cabinetry, and ample prep space.

The flexible floor plan includes two secondary bedrooms and a full bath on the main level, while upstairs you'll find an oversized primary retreat with room for a king bed, sitting area, and private balcony where you can enjoy unforgettable sunsets and sweeping Hill Country vistas. Just down the hall is a large bonus room with an adjoining half bath, making it the perfect space for a home office, media room, game room, fitness studio, or playroom.

Outdoor living is where this home truly shines. Expansive wraparound covered balconies provide approximately 1,000 square feet of additional living space, creating endless opportunities for outdoor dining, relaxing, entertaining, or simply soaking in the incredible views.

Thoughtfully updated and move-in ready, recent improvements include new iron doors, fresh interior and exterior paint, updated balcony tile, and newer backyard fence.

Located in the highly desirable Lake Travis ISD with no HOA and a low tax rate, this home offers the perfect balance of privacy and convenience. Children can bike to the elementary school through the neighborhood, and HEB, shopping, restaurants, parks, and Lake Travis are all just minutes away.

This is Hill Country living at its best.

At $264/sqft, this home is 32% 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

15204 Canary St, Austin, TX 78734

Property Details

Price $750,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,845 sqft
Lot Size 0.28 acres (12,022.56 sqft)
Year Built 2006
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cardinal Hills Unit 03
County Travis
Zip Code 78734
$/sqft $264/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,663.86
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239126445
List Date July 8, 2026
Elementary School Lake Travis
Middle School Hudson Bend
High School Lake Travis
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.

Schedule a Call →

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
5305 Ledesma Rd #1
0
$750,000 $313 4 bd / 4 ba 2,400 sqft , 2026-04-29
818 Stark St #A
Stark Add
$750,000 $271 3 bd / 3 ba 2,764 sqft , 2026-05-28
12724 Rush Creek Ln
Steiner Ranch Ph 01 Sec 09
$750,000 $235 4 bd / 4 ba 3,185 sqft , 2026-06-11
3917 Vaughan St
Mueller Sec Vii-C Sub Amd
$750,000 $382 3 bd / 3 ba 1,964 sqft , 2026-07-10
9413 Jenaro Ct
Canyon Creek
$750,000 $244 4 bd / 3 ba 3,071 sqft , 2026-07-12

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
$3,600/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
$150,000
20% conventional investment loan

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

Estimated Gross Rent+$3,600
Principal + Interest−$4,093
Property Tax (~2.1% TX avg)−$1,313
Insurance (~0.5%)−$313
Est. Monthly Cash Flow $-2,119

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →