Active Listing  ·  21 days on market

1701 McClannahan Dr

Austin, TX 78748
$359,900
3 Bed 2 Bath 1,541 sqft $234/sqft Built 2008 0.17 acres 2-Car Garage Pool Rancho Alto Ph 01

Discover the perfect blend of comfort, style, and functionality in this charming Austin home. Thoughtfully updated, the seller has recently replaced the roof with architectural shingles and installed a new HVAC system, providing added peace of mind for years to come.

From the moment you arrive, the inviting brick exterior, mature shade trees, and vibrant landscaping create exceptional curb appeal. Inside, a bright and functional layout welcomes you with warm wood flooring in the dedicated home office, enclosed by elegant French doors and filled with natural light from expansive windows.

The well-appointed kitchen is designed for both everyday living and entertaining, featuring ample cabinetry, a pantry, tile flooring, and a complete appliance package including a dishwasher, microwave, range, and refrigerator.

All three bedrooms offer comfortable retreats with luxury vinyl plank flooring and ceiling fans. The ensuite bath provides a relaxing escape with dual vanities, a soaking tub beneath a charming arched bay window, and a separate glass-enclosed shower.

Additional conveniences include a dedicated laundry room and an attached garage with extra storage space.

Step outside to your own private backyard oasis. A covered patio and expansive wood deck provide the perfect setting for morning coffee, weekend barbecues, or evening gatherings. The fully fenced yard, complete with a lush lawn and mature trees, offers both privacy and plenty of space to enjoy the outdoors.

Ideally located in a desirable Austin neighborhood, this home combines thoughtful updates, inviting indoor and outdoor living spaces, and everyday convenience in a location you'll love.

At $234/sqft, this home is 40% 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

1701 McClannahan Dr, Austin, TX 78748

Property Details

Price $359,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,541 sqft
Lot Size 0.17 acres (7,448.76 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rancho Alto Ph 01
County Travis
Zip Code 78748
$/sqft $234/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. $7,747.38
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239882969
List Date July 14, 2026
Elementary School Menchaca
Middle School Paredes
High School Akins
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
13113 BILLIEM Dr
SCOFIELD FARMS PHS 1 SEC 1
$359,900 $274 3 bd / 2 ba 1,314 sqft , 2026-04-08
8907 Bill Hickcock Pass
Texas Oaks 02
$359,900 $205 3 bd / 2 ba 1,759 sqft , 2026-04-24
10916 Defender Trl
Pioneer Crossing
$359,900 $216 4 bd / 2 ba 1,666 sqft , 2026-04-29
2209 Cedar Branch Dr
Scofield Farms Ph 02 Sec 01
$359,900 $247 3 bd / 2 ba 1,458 sqft , 2026-06-24
1811 Rainy Meadows Dr
Quail Hollow Garden Homes Sec
$359,900 $327 3 bd / 2 ba 1,102 sqft , 2026-07-10

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
$1,728/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
$71,980
20% conventional investment loan

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

Estimated Gross Rent+$1,728
Principal + Interest−$1,964
Property Tax (~2.1% TX avg)−$630
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,016

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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