Active Listing  ·  127 days on market

1727 Timber Ridge Dr

Austin, TX 78741
$299,000
2 Bed 2 Bath 1,167 sqft $256/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 $256/sqft, this home is 35% 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

1727 Timber Ridge Dr, Austin, TX 78741

Property Details

Price $299,000
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 $256/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.

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
1304 Summit St #101
Sunnyvale Villas A Condo
$299,000 $391 2 bd / 1 ba 764 sqft , 2026-01-26
1910 Robbins Pl #105
Robbins Place Condo Amd
$299,000 $298 2 bd / 2 ba 1,005 sqft , 2026-01-28
5704 Cedardale Dr
Flournoys Sweetbriar Sec 04
$299,000 $311 3 bd / 1 ba 962 sqft , 2025-11-18
4501 Whispering Valley Dr #29
Whispering Valley Condo Amd
$299,000 $267 2 bd / 3 ba 1,119 sqft , 2026-04-03
904 Montopolis Dr
n/a
$299,000 $267 3 bd / 2 ba 1,120 sqft , 2026-04-22

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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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