Active Listing  ·  59 days on market

2148 Surrender Ave

Austin, TX 78728
$434,500
3 Bed 3 Bath 2,092 sqft $208/sqft Built 1985 0.17 acres 2-Car Garage Pool Wells Branch Ph C Sec 02

This former Model Home is positioned in the heart of Wells Branch with easy access to IH 35 and Mopac. 12 minutes from the Domain. The floor plan is smartly divided keeping the Main level entirely dedicated to social spaces. The kitchen flows in to a breakfast nook perfect for your morning coffee overlooking the backyard. This home has 2 living areas and 2 dining areas.

The upper landing includes built-in shelving and could work well as an office.

The real show stopper is the Primary Suite. The perfect retreat for the owners. A bright bedroom with soaring ceilings and a reimagined ensuite complete with a free standing soaking tub, a modern walk in shower and dual quartz-topped vanities.

Deep backyard with a recent wood deck. You can smell the steaks cooking!

You are minutes from walking trails and parks. Neighborhood puts on events like the 4th of July etc. A winner awaits a new owner.

At $208/sqft, this home is 47% 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

2148 Surrender Ave, Austin, TX 78728

Property Details

Price $434,500
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,092 sqft
Lot Size 0.17 acres (7,505.39 sqft)
Year Built 1985
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Wells Branch Ph C Sec 02
County Travis
Zip Code 78728
$/sqft $208/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,397
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242914937
List Date August 10, 2026
Elementary School Northwest
Middle School Westview
High School John B Connally
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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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 10, 2026 $457,500
Previous ask $447,500
Current ask $434,500
▼ Reduced $23,000 (-5.0%) 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
2413 Lou John St N
Woods Century Park Sec 02
$434,900 $198 3 bd / 2 ba 2,195 sqft , 2026-06-10
14607 Sandy Side Dr
Wells Branch Ph B Sec 01
$429,000 $237 3 bd / 2 ba 1,810 sqft , 2026-09-18
2012 Castle View Dr
Wells Branch Ph B Sec 03
$425,000 $249 3 bd / 2 ba 1,707 sqft , 2026-09-04
13010 Lamplight Village Ave
Lamplight Village Sec 02
$425,000 $284 3 bd / 2 ba 1,497 sqft , 2026-09-26
13501 Metric Blvd #14
Scofield Farms Meadows
$424,999 $192 3 bd / 3 ba 2,212 sqft , 2026-04-27

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
$2,086/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
$86,900
20% conventional investment loan

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

Estimated Gross Rent+$2,086
Principal + Interest−$2,371
Property Tax (~2.1% TX avg)−$760
Insurance (~0.5%)−$181
Est. Monthly Cash Flow $-1,226

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 3, 2026.

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