About This Home

Don't miss this beautifully updated 3-bedroom, 2-bathroom home backing to a peaceful greenbelt in one of North Austin's most convenient locations. With 1,233 square feet of thoughtfully designed living space — including a converted garage that adds valuable square footage — this home offers a smart, functional layout perfect for first-time homeowners. Enjoy easy access to The Domain's premier shopping, dining, and entertainment, all while coming home to your own private green space. A fantastic opportunity to own in a sought-after neighborhood!

At $324/sqft, this home is 17% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1803 Heatherglen Ln, Austin, TX 78758

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Property Details

Price $399,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,233 sqft

Lot Size 0.10 acres (4,530.24 sqft)

Year Built 1983

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Quail Hollow Garden Homes Sec

County Travis

Zip Code 78758

$/sqft $324/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT238171057

List Date August 11, 2026

Elementary School River Oaks

Middle School Westview

High School John B Connally

School District ,

Have Questions About This Property?

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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

2320 Gracy Farms Ln #1414
Stoneleigh Condo Amd $395,911 $332 3 bd / 2 ba 1,192 sqft , 2026-02-02

1101 Huntridge Dr
Gracywoods Sec 02 $395,000 $250 3 bd / 2 ba 1,580 sqft , 2026-03-14

1907 Albury Cv #C
Cerca at the Domain $405,000 $354 2 bd / 2 ba 1,144 sqft , 2026-07-10

1800 Rainy Meadows Dr
Quail Hollow Garden Homes Sec $389,000 $251 3 bd / 2 ba 1,550 sqft , 2026-05-22

11602 Prairie Hen Ln
Quail Hollow Sec 06-B $387,000 $338 3 bd / 2 ba 1,144 sqft , 2026-08-06

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

$1,920/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

$79,980

20% conventional investment loan

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

Estimated Gross Rent+$1,920

Principal + Interest−$2,182

Property Tax (~2.1% TX avg)−$700

Insurance (~0.5%)−$167

Est. Monthly Cash Flow $-1,129

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

About the Author

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 13, 2026.

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

1803 Heatherglen Ln

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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