About This Home

Single-story 3BR/2BA home in an established neighborhood near Parmer and MoPac — convenient to major employers and retail. 1,458 sq ft with vaulted and tall ceilings throughout, abundant natural light, and an efficient floor plan with no wasted space. The owner's suite features tall ceilings and generous proportions. Fully fenced backyard with mature trees providing shade and privacy. **Ask about the Homebuyer Grant through Prosperity Bank, up to $7500!**

At $247/sqft, this home is 37% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2209 Cedar Branch Dr, Austin, TX 78727

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Property Details

Price $359,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,458 sqft

Lot Size 0.17 acres (7,335.5 sqft)

Year Built 1986

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Scofield Farms Ph 02 Sec 01

County Travis

Zip Code 78727

$/sqft $247/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $8,291.54

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT237534275

List Date June 24, 2026

Elementary School Summitt

Middle School Murchison

High School Anderson

School District ,

Have Questions About This Property?

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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

13113 BILLIEM Dr
SCOFIELD FARMS PHS 1 SEC 1 $359,900 $274 3 bd / 2 ba 1,314 sqft , 2026-04-08

8907 Bill Hickcock Pass
Texas Oaks 02 $359,900 $205 3 bd / 2 ba 1,759 sqft , 2026-04-24

10916 Defender Trl
Pioneer Crossing $359,900 $216 4 bd / 2 ba 1,666 sqft , 2026-04-29

1811 Rainy Meadows Dr
Quail Hollow Garden Homes Sec $359,900 $327 3 bd / 2 ba 1,102 sqft , 2026-07-10

1701 McClannahan Dr
Rancho Alto Ph 01 $359,900 $234 3 bd / 2 ba 1,541 sqft , 2026-07-14

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

$1,728/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

$71,980

20% conventional investment loan

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

Estimated Gross Rent+$1,728

Principal + Interest−$1,964

Property Tax (~2.1% TX avg)−$630

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,016

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

2209 Cedar Branch Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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