Active Listing  ·  39 days on market

2006 Wheless Ln

Austin, TX 78723
$749,000
4 Bed 3 Bath 1,850 sqft $405/sqft Built 2026 0.19 acres 1-Car Garage Pool Windsor Park 02 Sec 01

Completely re-imagined from the ground up, this stunning transformation blends thoughtful design, modern finishes, and an unbeatable Central Austin location. Every detail has been carefully curated to create a home that feels both sophisticated and inviting. The heart of the home features soaring vaulted ceilings that fill the living space with natural light and create an open, airy atmosphere. The designer kitchen serves as the focal point, showcasing custom cabinetry, a striking granite waterfall island, and seamless views into the living area—perfect for everyday living and effortless entertaining. The private primary suite is designed as a true retreat, offering direct access to its own deck overlooking the expansive backyard. A secluded sitting area provides the perfect setting for a firepit, morning coffee, or relaxing under the stars. Mature trees are thoughtfully positioned throughout the oversized lot, creating exceptional shade, privacy, and a peaceful outdoor environment rarely found this close to the city. Ideally situated just a short bike ride from the vibrant Mueller district, you'll enjoy easy access to award-winning restaurants, coffee shops, retail, parks, and weekly farmers markets. With downtown Austin just minutes away and convenient access to major thoroughfares, commuting anywhere in the city is effortless while still enjoying the comfort and tranquility of an established neighborhood. This is a rare opportunity to own a beautifully reimagined home on a generously sized, tree-filled lot in one of Austin's most convenient and rapidly growing locations.

At $405/sqft, this home is priced 4% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2006 Wheless Ln, Austin, TX 78723

Property Details

Price $749,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 1,850 sqft
Lot Size 0.19 acres (8,215.42 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Windsor Park 02 Sec 01
County Travis
Zip Code 78723
$/sqft $405/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $3,715.56
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237513499
List Date June 26, 2026
Elementary School Harris
Middle School Bertha Sadler Means
High School Northeast 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 · June 26, 2026 $799,000
Current ask $749,000
Reduced $50,000 (-6.3%) 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
907 E 53rd St
Ridgetop
$749,000 $442 4 bd / 3 ba 1,693 sqft , 2025-12-11
705 E 49th St #A
705 E 49th Street Condo
$749,000 $393 3 bd / 3 ba 1,908 sqft , 2025-05-16
2805 McCurdy St #7
Mueller
$749,000 $342 3 bd / 4 ba 2,189 sqft , 2026-03-27
2605 S 2nd St #2
2605 South 2nd Street Condominiums
$749,000 $580 3 bd / 4 ba 1,292 sqft , 2026-06-25
1701 Simond Ave #327
Parkside/Mueller Condos
$749,000 $554 3 bd / 2 ba 1,352 sqft , 2026-06-29

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
$3,595/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
$149,800
20% conventional investment loan

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

Estimated Gross Rent+$3,595
Principal + Interest−$4,088
Property Tax (~2.1% TX avg)−$1,311
Insurance (~0.5%)−$312
Est. Monthly Cash Flow $-2,116

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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