Active Listing  ·  17 days on market

15708 Fisher Island Dr

Austin, TX 78717
$585,000
4 Bed 2 Bath 2,257 sqft $259/sqft Built 2002 0.29 acres 2-Car Garage Pool Avery South Sec 01 Ph 01

Rare Avery Ranch opportunity on a low-traffic cul-de-sac, backing to protected green space with only one direct neighbor. This single-level, open-concept 4 bed, 2 bath home offers 2,257 sq ft on an oversized 12,806 sq ft lot, close to a third of an acre. Built in 2002, the kitchen, living, and dining flow together for easy everyday living and entertaining. The two-car garage adds a half-car expansion for storage or bikes. Walk out your door to the Brushy Creek trails and the community tennis courts, both close by on foot. Avery Ranch residents enjoy four pools, five lit tennis courts, sand volleyball, basketball, playgrounds, and an 18-hole championship golf course. Commonly served by Round Rock ISD, including Patsy Sommer Elementary. Minutes to Lakeline Mall, Alamo Drafthouse, HEB, and the 183A and SH 45 tech corridor near Apple and Dell. Oversized lot, green space out back, and trails around the corner. Buyer to verify measurements, schools, and restrictions.

At $259/sqft, this home is 34% 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

15708 Fisher Island Dr, Austin, TX 78717

Property Details

Price $585,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,257 sqft
Lot Size 0.29 acres (12,815.35 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Avery South Sec 01 Ph 01
County Williamson
Zip Code 78717
$/sqft $259/sqft
Days on Market ,
HOA $206/Quarterly
Annual Tax Est. $11,591.77
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241355232
List Date July 29, 2026
Elementary School Elsa England
Middle School Pearson Ranch
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.

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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
9005 Marthas Dr
Meadows Brushy Creek
$585,000 $239 4 bd / 2 ba 2,450 sqft , 2026-06-23
9010 Palmito Dr
The Enclave at Pearson Place
$579,000 $239 4 bd / 4 ba 2,421 sqft , 2026-07-24
16809 Ennis Trl
Avery Ranch East Ph 01
$599,000 $220 3 bd / 2 ba 2,717 sqft , 2026-06-18
15016 Thatcher Dr
Davis Spring
$599,900 $241 3 bd / 3 ba 2,492 sqft , 2026-03-20
16809 Cypress Landing Cv
Avery Ranch East Ph 01
$599,900 $240 3 bd / 2 ba 2,503 sqft , 2026-07-09

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
$2,808/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
$117,000
20% conventional investment loan

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

Estimated Gross Rent+$2,808
Principal + Interest−$3,193
Property Tax (~2.1% TX avg)−$1,024
Insurance (~0.5%)−$244
Est. Monthly Cash Flow $-1,653

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 →