Active Listing  ·  49 days on market

2400 Broken Oak Dr

Austin, TX 78745
$549,000
3 Bed 2 Bath 1,459 sqft $376/sqft Built 1979 0.18 acres 2-Car Garage Pool Cherry Creek Ph 07 Sec 02

**THIS IS A SHORT SALE.** Remodels rarely look THIS good.

2400 Broken Oak is the kind of house that makes you slow down at the curb. Single story, corner lot, mature trees, and a 2022 remodel that went far past cosmetic.

Walk in and the living room opens up — vaulted ceilings with exposed beams running overhead, the detail that turns a three-bedroom into something with real character. The kitchen was extended and rebuilt to match: quartz counters with 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 a shower finished floor-to-ceiling in marble tile behind frameless glass. The secondary bath was fully remodeled too. Throughout: new flooring, five-panel interior doors, modern trim, new fixtures and fans.

The unglamorous parts got the same budget. New roof, new HVAC, fresh insulation, updated electrical with new outlets and paddle switches, new front door, fresh exterior paint.

Outside, the corner lot gives you room to work with — a big back porch, a fire pit area, shade trees, and a street quiet enough that you'll actually use all of it.

And you're minutes from dining and shopping, seven from the Menchaca strip — Moontower, Armadillo Den, The Hive, Lustre Pearl South — and fifteen from the airport. Zoned to a highly rated elementary; buyer to verify.

Charming on the outside. Rebuilt on the inside. Rare in both.

At $376/sqft, this home is 4% 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

2400 Broken Oak Dr, Austin, TX 78745

Property Details

Price $549,000
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 $376/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 →

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 20, 2026 $574,900
Previous ask $499,000
Current ask $549,000
▼ Reduced $25,900 (-4.5%) 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
7900 Finch Trl
Cherry Creek Ph 08 Sec 03
$549,900 $363 3 bd / 2 ba 1,515 sqft , 2026-06-04
7912 Finch Trl
Cherry Creek
$548,000 $316 4 bd / 3 ba 1,734 sqft , 2026-08-10
1300 Rambling Rose Rd
Novel
$541,640 $299 3 bd / 3 ba 1,810 sqft , 2026-09-20
7204 Towering Oaks Dr
Whispering Oaks 04
$557,750 $394 3 bd / 2 ba 1,417 sqft , 2026-09-17
7001 Watchwood Dr
Whispering Oaks 04
$565,000 $429 3 bd / 2 ba 1,316 sqft , 2026-09-04

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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (~2.1% TX avg)−$961
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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 2, 2026.

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