Active Listing  ·  7 days on market

2028 Desco Dr

Austin, TX 78748
$399,000
3 Bed 3 Bath 1,898 sqft $210/sqft Built 1999 0.18 acres 2-Car Garage Pool Hillcrest Sec 01

Welcome to 2028 Desco Drive, a spacious two-story home in South Austin’s Hillcrest community, where everyday convenience and easy access to amenities come together.

The main level is designed for both comfortable daily living and effortless entertaining, with luxury vinyl plank and tile flooring throughout. A generous living room with an electric fireplace creates an inviting place to relax, while additional living space offers flexibility for dining, work, hobbies, or hosting. The kitchen features stainless steel appliances, abundant storage, and a large adjoining pantry and laundry room. The refrigerator, washer, and dryer will convey.

Step outside to a covered and screened-in patio designed for year-round enjoyment. A ceiling fan and mounted television make the space well suited for game days, casual dinners, or quiet evenings outdoors. The semi-cul-de-sac setting provides a wide backyard with room to garden, play, entertain, or create a personalized outdoor retreat.

All bedrooms are located upstairs, where brand-new carpet adds a fresh finish. The spacious primary suite includes a walk-in closet and a full bath with a garden tub and separate walk-in shower. Two additional bedrooms share a second full bath, while the upstairs flex room can serve as a second living area, media room, home office, fitness space, or potential fourth bedroom. The home also features a two-year-old HVAC system.

Hillcrest residents enjoy a community pool and playground. The home is just minutes to Southpark Meadows and local favorites including The Hive, Moontower Saloon, and Valentina’s Tex Mex BBQ. Bauerle Ranch Park, Stinson Trails, and Mary Moore Searight Metropolitan Park provide access to trails, green space, and disc golf.

With convenient connections to South Menchaca Road, FM 1626, MoPac, and IH-35, the home offers easy access to downtown Austin, major employment centers, and Austin-Bergstrom International Airport.

At $210/sqft, this home is 46% 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

2028 Desco Dr, Austin, TX 78748

Property Details

Price $399,000
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 $210/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 →

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
10028 Wading Pool Path
Hollow At Slaughter Creek Sec
$400,000 $203 3 bd / 3 ba 1,973 sqft , 2026-06-25
1608 Melibee Trl
Canterbury Trails Sec 04
$395,000 $212 3 bd / 3 ba 1,860 sqft , 2026-07-22
11403 Georgia Coleman Bnd
Olympic Heights Sec 03
$409,000 $240 3 bd / 3 ba 1,707 sqft , 2026-08-07
1900 Jesse Owens Dr
Olympic Heights Sec 02
$409,999 $220 3 bd / 3 ba 1,860 sqft , 2026-06-17
11304 Canterbury Tales Ln
Canterbury Trails Sec 04
$383,000 $221 3 bd / 3 ba 1,736 sqft , 2026-05-05

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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 August 13, 2026.

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