Active Listing  ·  20 days on market

2006 Rountree Dr

Austin, TX 78722
$285,000
3 Bed 1 Bath 1,139 sqft $250/sqft Built 1948 0.14 acres Pool Pannell Place

Discover an exceptional opportunity in the heart of Austin, where charm meets convenience. This delightful single-story residence, boasting three bedrooms and one and a half bathrooms, offers a harmonious blend of comfortable living and vibrant urban access. Situated on a generous lot spanning 0.13 acres, the property provides ample outdoor space for relaxation and enjoyment, presenting a rare find in this sought-after locale.

The home's thoughtful layout encompasses 1139 square feet of living area, designed for both everyday functionality and effortless entertaining. Each space is crafted to maximize comfort, creating an inviting atmosphere that truly feels like home. The seamless flow between rooms ensures a bright and airy ambiance throughout the residence, perfect for quiet evenings or lively gatherings.

Nestled in a prime Austin location, this address places you at the epicenter of cultural experiences, diverse dining options, and an array of entertainment venues. Enjoy easy access to local parks, community amenities, and a vibrant neighborhood spirit. The property's strategic position ensures that all of Austin's renowned attractions are just moments away, promising a lifestyle filled with discovery and convenience. This unique offering is more than a home; it is a gateway to the quintessential Austin experience.

At $250/sqft, this home is 36% 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

2006 Rountree Dr, Austin, TX 78722

Property Details

Price $285,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 1,139 sqft
Lot Size 0.14 acres (6,229.08 sqft)
Year Built 1948
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Pannell Place
County Travis
Zip Code 78722
$/sqft $250/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,736.55
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241194836
List Date July 25, 2026
Elementary School Campbell
Middle School Kealing
High School McCallum
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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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
3709 Tower View Ct
Manor Hill
$299,990 $338 2 bd / 1 ba 888 sqft , 2025-08-13
1181 Oakgrove Ave
Homewood Heights
$314,999 $348 2 bd / 1 ba 904 sqft , 2026-01-11
1807 Poquito St #32
Willow Branch Lofts
$325,000 $377 2 bd / 2 ba 863 sqft , 2025-07-27
1807 Poquito St #30
Willow Branch Lofts
$349,000 $403 2 bd / 2 ba 866 sqft , 2026-07-14
2401 Manor Rd #119
East University Place
$215,000 $262 2 bd / 1 ba 820 sqft , 2026-06-05

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
$1,368/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
$57,000
20% conventional investment loan

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

Estimated Gross Rent+$1,368
Principal + Interest−$1,555
Property Tax (~2.1% TX avg)−$499
Insurance (~0.5%)−$119
Est. Monthly Cash Flow $-805

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 7, 2026.

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