Active Listing  ·  76 days on market

15308 Cadoz Dr

Austin, TX 78728
$399,000
3 Bed 3 Bath 1,878 sqft $212/sqft Built 1998 0.14 acres 2-Car Garage Pool Willow Run Sec 01

Beautifully updated home with an accommodating layout and plenty of natural light. Perfect for roommates or multi-generational living, each bedroom features its own private bathroom. Extensive upgrades include new siding, windows, exterior paint, solar panels, and an enlarged covered patio (2022), as well as a new dishwasher, range vent, and roof (2024). The 16-SEER AC system was upgraded in 2021 for excellent energy efficiency. Enjoy updated tile downstairs, laminate floors upstairs, and smart-home convenience throughout. The spacious backyard gives room to play and features cafe lights that create a relaxing atmosphere with plenty of room for kids or pets. Bonus: The home is equipped with gas and reliably maintained all utilities during the February 2021 freeze.

At $212/sqft, this home is 46% 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

15308 Cadoz Dr, Austin, TX 78728

Property Details

Price $399,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,878 sqft
Lot Size 0.14 acres (6,133.25 sqft)
Year Built 1998
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Willow Run Sec 01
County Travis
Zip Code 78728
$/sqft $212/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,621.69
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230804150
List Date May 20, 2026
Elementary School Joe Lee Johnson
Middle School Deerpark
High School McNeil
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
9714 Copper Creek Dr
Anderson Mill Village South
$399,000 $185 3 bd / 3 ba 2,155 sqft , 2026-02-02
604 N Bluff Dr #146
Skybridge Lofts
$399,000 $215 3 bd / 3 ba 1,856 sqft , 2025-07-23
2612 San Pedro St #112
Treehouse Condominiums
$399,000 $321 3 bd / 2 ba 1,244 sqft , 2026-02-19
9511 Meadowheath Dr
Forest North Estates Ph 2
$399,000 $265 4 bd / 2 ba 1,504 sqft , 2026-01-31
6511 Bridgewater Cv
Bluffs University Hills Sec 03
$399,000 $205 4 bd / 2 ba 1,945 sqft , 2026-04-20

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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

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