Active Listing  ·  31 days on market

2013 Southern Oaks Dr

Austin, TX 78745
$639,900
3 Bed 2 Bath 1,520 sqft $421/sqft Built 1966 0.21 acres 2-Car Garage Pool Fairmont Park Sec 1

Freshly updated single-story home in a prime South Austin location within the Southern Oaks neighborhood, blending timeless mid-century charm with modern finishes throughout. The open-concept layout is filled with natural light and features soaring vaulted ceilings with exposed wood beams, wide-plank hardwood flooring, a striking white brick fireplace, a dedicated home office, and a stylish kitchen with quartz countertops, custom cabinetry, designer tile backsplash, a gas range, and a spacious dining area with built-in window seating. Ideally located with convenient access to Downtown, MoPac, Hwy 290, Brodie Lane, William Cannon, Sunset Valley shopping, parks, restaurants, and local entertainment. The spacious primary suite offers a relaxing retreat, while the updated bathrooms feature clean, contemporary finishes. Outside, enjoy a large private backyard shaded by mature trees with plenty of room for entertaining, gardening, or play, plus a storage shed, excellent curb appeal, and an attached two-car garage.

At $421/sqft, this home is priced 7% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2013 Southern Oaks Dr, Austin, TX 78745

Property Details

Price $639,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,520 sqft
Lot Size 0.21 acres (9,273.92 sqft)
Year Built 1966
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fairmont Park Sec 1
County Travis
Zip Code 78745
$/sqft $421/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,634.8
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230676439
List Date July 24, 2026
Elementary School Sunset Valley
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
4904 Enchanted Ln
Park Forest Sec 2
$649,946 $464 3 bd / 2 ba 1,400 sqft , 2026-04-24
4008 Valley View Rd #A
Valley View Enclave Condominiu
$650,000 $405 3 bd / 3 ba 1,604 sqft , 2026-04-15
4501 Pack Saddle Pass
Western Trails Sec 02
$665,000 $368 4 bd / 3 ba 1,805 sqft , 2026-05-01
4903 Tahoe Trl
Western Trails Sec 08
$665,000 $439 3 bd / 2 ba 1,516 sqft , 2026-07-16
4414 Banister Ln #2
Banister Acres
$608,000 $553 2 bd / 2 ba 1,100 sqft , 2026-04-09

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
$3,072/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
$127,980
20% conventional investment loan

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

Estimated Gross Rent+$3,072
Principal + Interest−$3,492
Property Tax (~2.1% TX avg)−$1,120
Insurance (~0.5%)−$267
Est. Monthly Cash Flow $-1,807

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 22, 2026.

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