Active Listing  ·  177 days on market

1727 Timber Ridge Dr

Austin, TX 78741
$280,000
2 Bed 2 Bath 1,167 sqft $240/sqft Built 1973 0.04 acres 2-Car Garage Pool Timber Ridge At Greenbriar Sec

Bright, beautifully maintained, and ideally located—this East Austin townhome offers easy access to Downtown, Lady Bird Lake, and some of the city’s best dining, trails, and entertainment. Thoughtfully updated, the home features fresh interior paint, updated hardware, luxury vinyl plank flooring throughout, and freshly painted kitchen cabinetry, creating a clean and modern feel. The spacious and versatile floor plan includes 2 bedrooms and 2 full baths, plus an upstairs loft—perfect for a home office, guest space, or creative studio. Natural light fills the home, while the desirable corner location provides added privacy with no neighbors on one side. Enjoy the convenience of a 2-car garage and a private patio, along with access to community amenities including a sparkling pool and tennis courts just steps away. Move-in ready and full of charm, this home offers low-maintenance living in one of Austin’s most vibrant and rapidly growing areas. Ideal for an owner seeking a lock-and-leave lifestyle or for a parent looking to invest in housing for a college student.

At $240/sqft, this home is 39% 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

1727 Timber Ridge Dr, Austin, TX 78741

Property Details

Price $280,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,167 sqft
Lot Size 0.04 acres (1,576.87 sqft)
Year Built 1973
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Timber Ridge At Greenbriar Sec
County Travis
Zip Code 78741
$/sqft $240/sqft
Days on Market ,
HOA $379/Monthly
Annual Tax Est. $6,739.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223779268
List Date March 30, 2026
Elementary School Linder
Middle School Lively
High School Travis
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 · March 30, 2026 $325,000
Previous ask $285,000
Current ask $280,000
Reduced $45,000 (-13.8%) 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
1702 Timber Ridge Dr
Timber Ridge At Greenbriar Sec
$275,000 $180 3 bd / 3 ba 1,531 sqft , 2026-08-20
2001 Parker Ln #101
La Chenay Condominiums
$269,000 $236 2 bd / 1 ba 1,140 sqft , 2025-09-19
2302 E Side Dr #11
Travis Heights Terrace Condomi
$295,000 $306 2 bd / 2 ba 964 sqft , 2026-09-04
745 E Oltorf St E #201
Council Ridge Condominia Amd
$299,900 $325 2 bd / 1 ba 923 sqft , 2025-08-22
2829 Saville Loop #17C
Edgewick Condo
$260,000 $269 1 bd / 1 ba 966 sqft , 2026-08-13

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
$1,344/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
$56,000
20% conventional investment loan

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

Estimated Gross Rent+$1,344
Principal + Interest−$1,528
Property Tax (~2.1% TX avg)−$490
Insurance (~0.5%)−$117
Est. Monthly Cash Flow $-791

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 11, 2026.

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