Active Listing  ·  62 days on market

2028 Desco Dr

Austin, TX 78748
$385,000
3 Bed 3 Bath 1,898 sqft $203/sqft Built 1999 0.18 acres 2-Car Garage Pool Hillcrest Sec 01

Nestled along a tree-lined street in a semi-cul-de-sac setting, 2028 Desco Drive offers an inviting South Austin retreat with generous living spaces and a layout that easily adapts to everyday life. Inside, the flexible two-story floor plan provides multiple places to gather, unwind, entertain, or work from home. The main level features luxury vinyl plank and tile flooring, along with a spacious living room anchored by an electric fireplace. The kitchen includes granite countertops, stainless steel appliances, generous cabinetry, and an oversized pantry and laundry room, with the refrigerator, washer, and dryer included.

A covered and screened-in back patio extends the living space outdoors for year-round enjoyment. Complete with a ceiling fan and mounted TV, the patio is ideal for game days or relaxing evenings. The wide backyard offers space for gardening, recreation, entertaining, or creating a personalized outdoor retreat.

Upstairs, brand-new carpet adds a fresh finish throughout the bedroom level. The spacious primary suite features a walk-in closet and private bath with a garden tub and separate walk-in shower. Two additional bedrooms share a full bath, while the flex room offers space for a second living area, office, or potential fourth bedroom. Additional highlights include a two-year-old HVAC system and access to the Hillcrest community pool.

Located in South Austin’s Hillcrest community, the home offers convenient access to shopping, dining, entertainment, parks, and major roadways. Southpark Meadows is nearby for retail and entertainment, along with local favorites including The Hive, Moontower Saloon, and Valentina’s Tex Mex BBQ. Outdoor options include Bauerle Ranch Park, Stinson Trails, and Mary Moore Searight Metropolitan Park, with trails, disc golf, and green spaces. With its flexible layout, inviting outdoor spaces, and comfortable South Austin setting, 2028 Desco Drive is ready to be enjoyed—come experience it in person!

At $203/sqft, this home is 48% 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

2028 Desco Dr, Austin, TX 78748

Property Details

Price $385,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,898 sqft
Lot Size 0.18 acres (7,858.22 sqft)
Year Built 1999
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hillcrest Sec 01
County Travis
Zip Code 78748
$/sqft $203/sqft
Days on Market ,
HOA $400/Annually
Annual Tax Est. $7,926.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241631680
List Date August 7, 2026
Elementary School Menchaca
Middle School Paredes
High School Akins
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.

Schedule a Call →

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 · August 7, 2026 $399,000
Current ask $385,000
▼ Reduced $14,000 (-3.5%) 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
11304 Canterbury Tales Ln
Canterbury Trails Sec 04
$383,000 $221 3 bd / 3 ba 1,736 sqft , 2026-05-05
10028 Wading Pool Path
Hollow At Slaughter Creek Sec
$379,900 $193 3 bd / 3 ba 1,973 sqft , 2026-06-25
2612 Georgia Coleman Bnd
OLYMPIC HEIGHTS
$379,000 $265 3 bd / 3 ba 1,432 sqft , 2026-09-03
11816 Dave Silk Dr
Rancho Alto Ph 01
$378,000 $206 4 bd / 3 ba 1,836 sqft , 2026-05-23
10315 Marietta Dr
Sweetwater Glen Condo Amd
$394,900 $192 3 bd / 3 ba 2,054 sqft , 2026-08-20

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
$1,848/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
$77,000
20% conventional investment loan

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

Estimated Gross Rent+$1,848
Principal + Interest−$2,101
Property Tax (~2.1% TX avg)−$674
Insurance (~0.5%)−$160
Est. Monthly Cash Flow $-1,087

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 6, 2026.

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