Active Listing  ·  199 days on market

1801 Ohlen Rd

Austin, TX 78757
$499,000
3 Bed 2 Bath 1,646 sqft $303/sqft Built 1965 0.17 acres 1-Car Garage Pool Wooten Terrace Sec 01

CAPE COD CHARMER - Oversized for the neighborhood, this 1,646 SF two-story home features three bedrooms, two full baths and one-car attached garage on a large flat lot. Facing north-west, the updated interior receives beautiful natural light, especially in the afternoon, and the floor plan allows for a ton of versatility. The upstairs bedrooms are massive. The huge backyard is partly shaded by a beautiful pecan tree with plenty of room and bright sunlight for your gardening or landscaping. There’s already a common fig tree that produces fruit seasonally and a plum tree that flowers every spring. Beat the crowds and enjoy those hot summer days relaxing in the above-ground pool. The Wooten Terrace neighborhood is a perfect blend of quiet residential and convenient location, only 10 min to The Domain and 15 min to Downtown Austin. Even better, Anderson Lane and Burnet Road corridors are a quick 5 min drive, where you can find tons of bars, restaurants and entertainment. Ohlen Road also has designated bike lanes. Wooten Neighborhood Park, Burnet Middle School and newly built Wooten Elementary are an easy 15 min walk! Above-ground pool, refrigerator, washer and dryer may convey with an acceptable offer. Roof replaced in 2024 (30 yr shingles). Pool installed in 2020; pool liner upgraded in 2023. Seller will consider removing pool before closing with acceptable offer. Seller will also consider credit for interest rate buy down with acceptable offer through Supreme Lending (Chandra Carthrae). All information subject to buyer due diligence.

At $303/sqft, this home is 23% 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

1801 Ohlen Rd, Austin, TX 78757

Property Details

Price $499,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,646 sqft
Lot Size 0.17 acres (7,278.88 sqft)
Year Built 1965
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wooten Terrace Sec 01
County Travis
Zip Code 78757
$/sqft $303/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,178.94
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216867096
List Date January 27, 2026
Elementary School Wooten
Middle School Burnet (Austin ISD)
High School Navarro Early College
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 · January 27, 2026 $550,000
Previous ask $515,000
Current ask $499,000
Reduced $51,000 (-9.3%) 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
9803 Chukar Cir
Quail Creek West Ph 02 Sec 08
$499,000 $307 4 bd / 2 ba 1,626 sqft , 2026-08-06
8508 Contour Dr
Wooten Park Sec 05
$499,900 $411 3 bd / 2 ba 1,216 sqft , 2026-07-19
1102 Inland Grn
Quail Creek Sec 01
$499,990 $306 3 bd / 2 ba 1,632 sqft , 2026-08-14
7920 Mullen Dr #5
Wooten Park Square Sec 02
$500,000 $328 3 bd / 3 ba 1,525 sqft , 2026-05-01
8510 New Hampshire Dr
Jamestown
$495,000 $366 3 bd / 2 ba 1,354 sqft , 2026-08-02

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
$2,395/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
$99,800
20% conventional investment loan

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

Estimated Gross Rent+$2,395
Principal + Interest−$2,723
Property Tax (~2.1% TX avg)−$873
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,409

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 9, 2026.

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