Active Listing  ·  2 days on market

2011 Malvern Hill Dr

Austin, TX 78745
$595,000
4 Bed 3 Bath 2,232 sqft $267/sqft Built 1978 0.19 acres 2-Car Garage Pool Southwest Oaks Sec 01

Four bedrooms and two and a half bathrooms come together with updated flooring, updated fixtures, and a completely remodeled primary bathroom at 2011 Malvern Hill Drive in the Southwest Oaks neighborhood of South Austin. The updated kitchen anchors the main floor with quartz countertops, stainless steel appliances, and a peninsula sized for casual dining and easy entertaining, while a redesigned fireplace with built-in shelving centers the main living room. The primary bathroom was fully remodeled with a walk-in shower, floor-to-ceiling tile, and a contemporary vanity, giving the whole space a clean, updated feel. Replaced flooring runs throughout the home, giving the open floor plan an easy, connected flow between the kitchen, a dedicated dining room, and the living room. A flexible bonus room on the main floor adds a true second living area for a home office, gym, or media room, and the laundry room picks up the same quartz counters and tile backsplash found in the kitchen. Upstairs, a generous primary suite includes its own walk-in closet, joined by three additional bedrooms with ample closet space, served by a second full bathroom and a powder bath for guests. An oversized two-car garage adds covered parking and extra storage. Outside, a paver patio anchors the fenced backyard under mature shade trees in this established 1978-built pocket of 78745. Within the Southwest Oaks subdivision, this close-in South Austin address puts residents near the Menchaca Road dining and coffee scene, with easy access to downtown Austin and the airport, inside Austin ISD. With the primary bathroom, kitchen, flooring, and fixtures already renovated, this close-in South Austin home arrives with the work already finished before closing, ready for its next owner to settle in without a single project left on the to-do list.

At $267/sqft, this home is 32% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2011 Malvern Hill Dr, Austin, TX 78745

Property Details

Price $595,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,232 sqft
Lot Size 0.19 acres (8,285.11 sqft)
Year Built 1978
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Southwest Oaks Sec 01
County Travis
Zip Code 78745
$/sqft $267/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,172.77
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248725713
List Date October 6, 2026
Elementary School Cunningham
Middle School Covington
High School Crockett
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
7402 Gaines Mill Ln
Southwest Oaks Ph 02
$595,000 $291 3 bd / 2 ba 2,042 sqft , 2026-07-14
2603 Burly Oak Dr
Cherry Creek
$599,000 $389 4 bd / 3 ba 1,538 sqft , 2026-10-06
7901 SEMINARY RIDGE Dr
Cherry Creek Ph 07 Sec 03
$585,000 $359 4 bd / 2 ba 1,629 sqft , 2026-09-10
7336 Gaines Mill Ln
Southwest Oaks
$575,000 $313 3 bd / 3 ba 1,836 sqft , 2026-07-31
7906 Keneshaw Dr
SOUTHWEST OAKS SEC 1
$629,000 $346 4 bd / 3 ba 1,816 sqft , 2026-06-26

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
$2,856/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
$119,000
20% conventional investment loan

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

Estimated Gross Rent+$2,856
Principal + Interest−$3,247
Property Tax (~2.1% TX avg)−$1,041
Insurance (~0.5%)−$248
Est. Monthly Cash Flow $-1,680

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 October 7, 2026.

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