About This Home

Welcome to 2311 Campden Drive, a remodeled 4-bedroom, 3-bath home situated on an expansive 12,041-square-foot lot in South Austin PRIME LOCATION - INVESTORS LISTEN UP!

The bright, functional interior features fresh neutral finishes, wood-look flooring, an updated kitchen, and flexible living spaces. Outside, the oversized, tree-lined backyard provides plenty of room for entertaining, gardening, or exploring the potential for an accessory dwelling unit.

Conveniently located near William Cannon Drive, Menchaca Road, shopping, dining, parks, and major thoroughfares. Buyer to independently verify ADU feasibility, zoning, permitting requirements, utilities, and restrictions.

At $372/sqft, this home is 5% 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

2311 Campden Dr, Austin, TX 78745

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Property Details

Price $365,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths 1

Living Area 980 sqft

Lot Size 0.28 acres (12,039.98 sqft)

Year Built 1973

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Cherry Creek Ph 03 Sec 04

County Travis

Zip Code 78745

$/sqft $372/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $7,582.33

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT247369271

List Date September 21, 2026

Elementary School Cunningham

Middle School Covington

High School Crockett

School District ,

Have Questions About This Property?

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

6407 Cannonleague Dr
Manchaca Estates Amd $385,000 $293 3 bd / 2 ba 1,312 sqft , 2026-09-08

6915 Cherry Meadow Dr
Cherry Meadows $390,000 $302 4 bd / 2 ba 1,290 sqft , 2026-05-27

2808 Dillion Hill Dr
Cherry Creek Ph 06 Sec 01 $400,000 $370 3 bd / 2 ba 1,080 sqft , 2026-09-17

1213 Dunstan Dr
Southwest Park $425,000 $352 3 bd / 2 ba 1,208 sqft , 2026-07-25

6713 West Gate Blvd #A
6713 West Gate Boulevard Condo $295,900 $289 3 bd / 2 ba 1,024 sqft , 2026-09-08

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

$1,752/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

$73,000

20% conventional investment loan

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

Estimated Gross Rent+$1,752

Principal + Interest−$1,992

Property Tax (~2.1% TX avg)−$639

Insurance (~0.5%)−$152

Est. Monthly Cash Flow $-1,031

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

About the Author

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 September 22, 2026.

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

2311 Campden Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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