Active Listing  ·  35 days on market

2209 La Casa Dr

Austin, TX 78704
$950,000
2 Bed 2 Bath 1,548 sqft $614/sqft Built 1951 0.17 acres Pool Rabb Inwood Hills

This charming bungalow with warm wood accents, original character and thoughtful updates sits on a large corner lot, graced by Majestic oaks in Austin’s desirable Zilker neighborhood. The kitchen featuring bold turquoise cabinets, granite countertops and a gas range opens to a quiet living area with stone fire place and natural light filtering in through a large skylight and atrium doors. A separate bonus flex room, currently used as an artist studio would also work well as an additional living or yoga room, guest space or third bedroom. The owners suite incudes a separate private space with skylight for at home workspace or serene reading nook. Native landscaping offers natural outdoor living throughout the front and back yards creating your own nature retreat.

Walk to local coffee shops and restaurants like Matt’s El Rancho, Kerbey Lane Cafe, Torchys Tacos or walk or bike to Zilker Park, Barton Springs, and Umlauf Sculpture garden.

Located just 2 miles to the Palmer Events Center and the Long Performing Arts center in downtown, five miles to the University of Texas and less than a 15 minute drive to Austin Bergstrom International Airport. Hardwood Floors throughout, Tankless Hotwater Heater, Tesla EV Charger. Room for an addition or new construction. Professional photos coming soon.

At $614/sqft, this home is priced 57% 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

2209 La Casa Dr, Austin, TX 78704

Property Details

Price $950,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,548 sqft
Lot Size 0.17 acres (7,579.44 sqft)
Year Built 1951
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Rabb Inwood Hills
County Travis
Zip Code 78704
$/sqft $614/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $16,385.88
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240545764
List Date July 20, 2026
Elementary School Zilker
Middle School O Henry
High School Austin
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
1208 W Oltorf St #A
Southwood
$960,000 $504 3 bd / 4 ba 1,904 sqft , 2026-01-31
1815 Ashby Ave
South Lund South
$975,000 $916 3 bd / 1 ba 1,064 sqft , 2026-08-12
2505 Bluebonnet Ave #12
Del Curto
$899,900 $459 3 bd / 3 ba 1,959 sqft , 2026-07-09
1208 W Oltorf St #B
Southwood
$899,000 $472 3 bd / 4 ba 1,904 sqft , 2026-01-20
2006 De Verne St
Rabb Inwood Hills
$890,000 $533 3 bd / 2 ba 1,669 sqft , 2023-10-13

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
$4,560/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
$190,000
20% conventional investment loan

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

Estimated Gross Rent+$4,560
Principal + Interest−$5,185
Property Tax (~2.1% TX avg)−$1,663
Insurance (~0.5%)−$396
Est. Monthly Cash Flow $-2,684

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 →