About This Home

PREMIUM LARGE FLAT LOT {ALMOST AN ACRE!!!} LOCATED IN THE FAMOUS LAKE TRAVIS AREA*FULLY FENCED YARD WITH MANUFACTURED HOME ON UNRESTRICTED CORNER LOT IN HUDSON BEND - RARE NO ZONING AREA - SEVERAL BUILDING OPTIONS ARE

POSSIBLE*NICE HOME CAN BE OFFICE, RESIDENCE, BARNDOMINIUM ETC*BUILD A HUGE WAREHOUSE GARAGE IN

BETWEEN LARGE OAK TREES WITH CORNER LOT ACCESS*BE CREATIVE!!! * EXCELLENT AREA CLOSE TO LAKE AUSTIN &

LAKE TRAVIS*REASONABLE TAX RATE*WONDERFUL FLAT LOT IN A GREAT AREA!

At $511/sqft, this home is priced 31% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

15608 CHECOTAH Dr, Austin, TX 78734

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Property Details

Price $759,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,484 sqft

Lot Size 0.94 acres (40,950.76 sqft)

Year Built 1994

Garage 2 spaces

Stories ,

Type Residential · Mobile Home

Subdivision Travis Landing 02 Ph 05

County Travis

Zip Code 78734

$/sqft $511/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $2,272.77

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT177196041

List Date February 4, 2025

Elementary School Lake Travis

Middle School Hudson Bend

High School Lake Travis

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

4717 Mount Vernon Dr #A
Greenwood Forest $759,500 $418 3 bd / 3 ba 1,818 sqft , 2026-01-22

308 Onion St
Peck RH $765,500 $735 2 bd / 2 ba 1,041 sqft , 2026-03-10

2214 Gardenia Dr
Kings Village Sec 02 Pt 01 $750,000 $651 4 bd / 2 ba 1,152 sqft , 2026-02-05

2711 Stacy Ln #2
2711 STACY LANE CONDOMINIUMS $750,000 $682 2 bd / 2 ba 1,100 sqft , 2026-04-10

2905 E 5th St #A
2905 East 5th Condos $750,000 $451 3 bd / 3 ba 1,664 sqft , 2026-06-19

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

$3,643/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

$151,800

20% conventional investment loan

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

Estimated Gross Rent+$3,643

Principal + Interest−$4,142

Property Tax (~2.1% TX avg)−$1,328

Insurance (~0.5%)−$316

Est. Monthly Cash Flow $-2,143

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

15608 CHECOTAH Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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