Active Listing  ·  10 days on market

15918 TWO RIVERS Cv

Austin, TX 78717
$539,900
4 Bed 3 Bath 2,504 sqft $216/sqft Built 2001 0.17 acres 2-Car Garage Pool Woods Brushy Creek Sec 05 Ph B

This home is gorgeous and situated on a large corner lot! Primary bedroom and bath downstairs! 4 Bedrooms, 2.5 Bathrooms, 2 dining areas, large family room down, large gameroom up! Completely remodeled over the last several years with Hickory wood floors downstairs, wood floors in upstairs gameroom, newer carpet in bedrooms, granite countertops in kitchen and primary bath, newer top of the line appliances, modern light fixtures and hardware throughout, updated bathrooms, Lennox HVAC installed 8/2023, Roof replaced 11/2023, sprinkler system front and back, storage shed, and so much more! Amenities include trails, parks, pools, tennis courts, rec center, ball fields. Walk to top rated Exemplary schools, close to shopping, major highways, and employers! Refrigerator, washer, dryer can convey. Several pieces of very nice furniture can also be included. Super easy to see!

At $216/sqft, this home is 45% 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

15918 TWO RIVERS Cv, Austin, TX 78717

Property Details

Price $539,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,504 sqft
Lot Size 0.17 acres (7,623 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Woods Brushy Creek Sec 05 Ph B
County Williamson
Zip Code 78717
$/sqft $216/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241760385
List Date August 5, 2026
Elementary School Great Oaks
Middle School Cedar Valley
High School Round Rock
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
4019 Cargill Dr
Cat Hollow Sec C Ph I
$549,000 $201 4 bd / 3 ba 2,731 sqft , 2026-07-16
9001 Palmito Dr #105
Pearson Place Enclave Condos
$563,000 $234 4 bd / 3 ba 2,411 sqft , 2026-05-01
15400 Montoya Cv
Brushy Creek
$567,000 $177 4 bd / 3 ba 3,211 sqft , 2026-04-10
9010 Palmito Dr
The Enclave at Pearson Place
$579,000 $239 4 bd / 4 ba 2,421 sqft , 2026-07-24
8301 Mendota Cv
Woods Brushy Creek Sec 01
$499,000 $291 3 bd / 3 ba 1,714 sqft , 2026-03-28

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
$2,592/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
$107,980
20% conventional investment loan

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

Estimated Gross Rent+$2,592
Principal + Interest−$2,946
Property Tax (~2.1% TX avg)−$945
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,524

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 7, 2026.

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