Active Listing  ·  71 days on market

15420 Fox Run Dr

Austin, TX 78737
$850,000
3 Bed 2 Bath 2,495 sqft $341/sqft Built 2001 1.50 acres 2-Car Garage Pool Fox Run Estates

Hill Country Farmhouse meets French Country Cottage! Secluded behind its own automatic security gate on 1.5 fully fenced acres in Fox Run Estates, this inviting retreat offers peace, privacy, and natural beauty. The nearly 2,500 SF single-story home welcomes you with a charming wraparound porch and a light-filled interior featuring 3 bedrooms, 2 baths, soaring ceilings, 9-foot interior doors, custom maple kitchen cabinetry, and beautiful wood floors. The spacious great room opens to an expansive covered patio, creating a remarkable extension of the home's living and entertaining space. Additional features include a private deep-water well serving both the residence and irrigation, a side-entry 2-car garage, and an outbuilding. Distinctive masonry elements enhance the grounds, including a rock fence along the rear property line, a stone archway leading to fruit and pecan trees, and a retaining wall separating the native landscape from the grassy backyard near the home. Located on a quiet, no-outlet street in Dripping Springs ISD with no HOA, this property combines a secluded Hill Country atmosphere with convenient access to shopping, wineries, dining destinations such as The Salt Lick, downtown Dripping Springs, and downtown Austin.

At $341/sqft, this home is 13% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

15420 Fox Run Dr, Austin, TX 78737

Property Details

Price $850,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,495 sqft
Lot Size 1.50 acres (65,344.36 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fox Run Estates
County Hays
Zip Code 78737
$/sqft $341/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,196
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244593995
List Date September 2, 2026
Elementary School Dripping Springs
Middle School Dripping Springs Middle
High School Dripping Springs
School District Dripping Springs ISD

Dripping Springs ISD

Dripping Springs · Dripping Springs Middle · Dripping Springs

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
586 Two Creeks Ln
Parten Ranch Ph 2B
$839,900 $279 4 bd / 4 ba 3,008 sqft , 2026-09-03
649 Leaning Rock Rdg
Parten
$899,900 $312 4 bd / 4 ba 2,885 sqft , 2026-08-11
461 Leaning Rock Rdg
Parten
$909,000 $295 4 bd / 5 ba 3,080 sqft , 2026-09-30
635 Leaning Rock Rdg
Parten
$924,900 $319 4 bd / 4 ba 2,895 sqft , 2026-09-01
384 Leaning Rock Rdg
Parten Ranch Ph 6 & 7
$964,999 $324 4 bd / 4 ba 2,980 sqft , 2026-09-10

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
$4,080/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
$170,000
20% conventional investment loan

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

Estimated Gross Rent+$4,080
Principal + Interest−$4,639
Property Tax (assumed ~2.1%)−$1,488
Insurance (assumed ~0.5%)−$354
Est. Monthly Cash Flow $-2,401

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 · 41 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. The written content was last updated on November 6, 2026.

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

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