Active Listing  ·  4 days on market

2400 Broken Oak Dr

Austin, TX 78745
$574,900
3 Bed 2 Bath 1,459 sqft $394/sqft Built 1979 0.18 acres 2-Car Garage Pool Cherry Creek Ph 07 Sec 02

What if the quietest part of your day was the part spent outside?

Tucked on a corner lot on one of Cherry Creek's calmest little streets, this single-story three-bedroom is the rare South Austin home where the backyard is genuinely still. Light the fire pit, stretch out on the oversized back porch, and the city disappears — even though dining, shopping, and the highway are only minutes away.

The 2022 remodel wasn't cosmetic. Open beams cross the high ceilings in the living room. The kitchen was rebuilt and extended with quartz counters and a waterfall edge, a large single-basin farmhouse sink, champagne bronze gooseneck faucet, all new cabinetry and hardware, vent hood, canned lighting, backsplash, stainless appliances, a built-in wine rack, and a coffee and wine bar.

The primary bedroom offers a generous walk-in closet, and the shower is floor-to-ceiling marble tile behind frameless glass. The secondary bath was fully remodeled as well.

What you don't see got the same attention: new roof, new HVAC, updated electrical with new outlets and paddle switches, fresh insulation, all new flooring, five-panel interior doors, modern trim, new light fixtures and fans, new front door, and fresh exterior paint.

Mature trees shade the lot. You're roughly seven minutes from the South Menchaca strip — Moontower, Armadillo Den, The Hive, Lustre Pearl South — and about fifteen from the airport. Zoned to a highly rated elementary (7/10 GreatSchools, A– Niche); buyer to verify.

Quiet where it counts. Minutes from everything else.

At $394/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,663 active listings. View Austin market report →

Location

2400 Broken Oak Dr, Austin, TX 78745

Property Details

Price $574,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,459 sqft
Lot Size 0.18 acres (7,832.09 sqft)
Year Built 1979
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cherry Creek Ph 07 Sec 02
County Travis
Zip Code 78745
$/sqft $394/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,448.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242330373
List Date August 20, 2026
Elementary School Cunningham
Middle School Covington
High School Crockett
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
8305 Fort Sumter Rd
Shiloh Ph 04 Sec 01
$579,500 $438 3 bd / 2 ba 1,324 sqft , 2026-08-04
7611 Oak Hedge Pl
Elmwood Estates
$583,000 $416 3 bd / 2 ba 1,403 sqft , 2026-02-24
2605 Market Garden Ln
Cherry Creek Ph 07 Sec 06
$565,000 $333 3 bd / 2 ba 1,698 sqft , 2026-04-27
7900 Finch Trl
Cherry Creek Ph 08 Sec 03
$565,000 $373 3 bd / 2 ba 1,515 sqft , 2026-06-04
7336 Gaines Mill Ln
Southwest Oaks
$599,000 $326 3 bd / 3 ba 1,836 sqft , 2026-07-31

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
$2,760/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
$114,980
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,137
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,623

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 23, 2026.

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