Active Listing  ·  29 days on market

1601 Lynnville Trl

Austin, TX 78727
$450,000
3 Bed 2 Bath 1,863 sqft $242/sqft Built 2001 0.14 acres 2-Car Garage Pool Scofield Farms Ph 10 Sec 02

This warm and inviting 1 story home sits conveniently on the premium corner lot of Lynnville and Metric, providing privacy and easy access to all surrounding thoroughfares. The spacious 3 bed 2 bath open and bright floor plan has wood like tile throughout, along with plantation shutters, granite countertops, upgraded lighting and fans, gourmet kitchen with island, custom wood kitchen cabinets, wine cabinet, custom stone fireplace, oversized jetted spa in the primary suite, separate shower, expansive walk-in closet, dual vanity, and more. The exterior features majestic oak trees, extensive rock work, gardens, and a great canvas for a personalized outdoor escape. This clean and well cared for home recently had updates including roof, HVAC, hot water heater and plumbing.

At $242/sqft, this home is 38% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1601 Lynnville Trl, Austin, TX 78727

Property Details

Price $450,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,863 sqft
Lot Size 0.14 acres (5,998.21 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Scofield Farms Ph 10 Sec 02
County Travis
Zip Code 78727
$/sqft $242/sqft
Days on Market ,
HOA $38/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245664477
List Date September 9, 2026
Elementary School Parmer Lane
Middle School Westview
High School John B Connally
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 · September 9, 2026 $475,000
Current ask $450,000
▼ Reduced $25,000 (-5.3%) 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
13301 Slow Poke Dr
Scofield Farms Ph 08 Sec 01
$450,000 $190 4 bd / 3 ba 2,371 sqft , 2026-07-30
13200 Elysian Fields Cv
Lamplight Village Sec 06
$452,900 $324 3 bd / 2 ba 1,396 sqft , 2026-03-12
2608 Century Park Blvd
Woods Century Park Sec 01
$465,000 $236 3 bd / 2 ba 1,971 sqft , 2026-09-16
2413 Lou John St N
Woods Century Park Sec 02
$434,900 $198 3 bd / 2 ba 2,195 sqft , 2026-06-10
2148 Surrender Ave
Wells Branch Ph C Sec 02
$434,500 $208 3 bd / 3 ba 2,092 sqft , 2026-08-10

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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 September 28, 2026.

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