Active Listing  ·  92 days on market

15321 Interlachen Dr

Austin, TX 78717
$599,990
3 Bed 3 Bath 2,689 sqft $223/sqft Built 2004 0.12 acres 2-Car Garage Pool Avery Ranch Garden Homes Pud

Newly staged and refreshed with replaced fogged window panes, brand-new carpet, fresh interior and exterior paint, this beautiful Avery Ranch Garden Home offers timeless elegance and easy, lock-and-leave living. The flexible floor plan includes a separate front casita, ideal for guests, a home office, or a fourth bedroom, and a private interior courtyard with a charming Mediterranean feel.

With approximately 2,689 sq. ft., the home features open living and dining areas and a bright kitchen with breakfast area opening to the main living space. The spacious primary suite includes a spa-inspired bath, along with generous secondary bedrooms.

Enjoy a covered patio and private courtyard, plus HOA-maintained front lawn care. Avery Ranch residents enjoy pools, parks, playgrounds, hike-and-bike trails, and Avery Ranch Golf Club nearby. Conveniently located near Parmer Lane and Hwy 183, with shopping, dining, major employers, and highly rated Leander ISD schools close by.

At $223/sqft, this home is 43% 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

15321 Interlachen Dr, Austin, TX 78717

Property Details

Price $599,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,689 sqft
Lot Size 0.12 acres (5,052.96 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Avery Ranch Garden Homes Pud
County Williamson
Zip Code 78717
$/sqft $223/sqft
Days on Market ,
HOA $356.06/Quarterly
Annual Tax Est. $17,328.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229755095
List Date May 15, 2026
Elementary School Rutledge
Middle School Artie L Henry
High School Vista Ridge
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.

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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 · May 15, 2026 $619,990
Current ask $599,990
Reduced $20,000 (-3.2%) 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
15633 INTERLACHEN Dr
Avery Ranch PUD Garden Homes
$599,990 $221 3 bd / 3 ba 2,716 sqft , 2026-05-19
15016 Thatcher Dr
Davis Spring
$599,900 $241 3 bd / 3 ba 2,492 sqft , 2026-03-20
15708 Fisher Island Dr
Avery South Sec 01 Ph 01
$585,000 $259 4 bd / 2 ba 2,257 sqft , 2026-07-29
16308 Double Eagle Dr
Avery Morrison Sub
$624,000 $226 4 bd / 3 ba 2,767 sqft , 2026-07-23
15300 Interlachen Dr
Avery Ranch Garden Homes PUD
$634,900 $201 4 bd / 3 ba 3,166 sqft , 2026-07-07

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
$2,880/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
$119,998
20% conventional investment loan

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

Estimated Gross Rent+$2,880
Principal + Interest−$3,274
Property Tax (~2.1% TX avg)−$1,050
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,694

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 13, 2026.

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