About This Home

Are you looking for your next parcel for development? Or want a home where some sweat equity will show a quick return? Located close to Lamar & Airport, and walking distance to such favorites as Barrett's Coffee this home is ideally located on a large flat lot without any large trees to get in the way of whatever you plan to do next. Home is currently rented for 1700/Month. No Subject To offers please.

At $334/sqft, this home is 14% 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

201 Cinderella Dr, Austin, TX 78752

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Property Details

Price $330,000

Status Active Listing

Beds 3

Full Baths 1

Half Baths ,

Living Area 988 sqft

Lot Size 0.18 acres (7,888.72 sqft)

Year Built 1960

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Holiday Hills Sec 01

County Travis

Zip Code 78752

$/sqft $334/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $6,224.47

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT245525110

List Date September 4, 2026

Elementary School Brown

Middle School Webb

High School Navarro Early College

School District Austin ISD

School District

Austin ISD

Brown · Webb · Navarro Early College

Have Questions About This Property?

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

6324 N Lamar Blvd #419
Ellis Highline $319,000 $332 2 bd / 2 ba 962 sqft , 2026-05-30

7711 Watson St #B
7711 Watson Street Condo $344,900 $447 2 bd / 1 ba 772 sqft , 2026-07-02

7711 Watson St #A
7711 Watson Street Condo $344,900 $449 2 bd / 1 ba 768 sqft , 2026-08-21

7520 Delafield Ln
Northway Crest Sec 02 $349,000 $276 3 bd / 2 ba 1,264 sqft , 2026-09-20

7102 Providence Ave #2
BLACK A K SUBD NO 1 $356,000 $322 2 bd / 3 ba 1,106 sqft , 2026-01-17

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

$1,584/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

$66,000

20% conventional investment loan

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

Estimated Gross Rent+$1,584

Principal + Interest−$1,801

Property Tax (assumed ~2.1%)−$578

Insurance (assumed ~0.5%)−$138

Est. Monthly Cash Flow $-933

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 · 41 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. The written content was last updated on September 8, 2026.

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

201 Cinderella Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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