Active Listing  ·  36 days on market

2404 INDEPENDENCE Dr

Austin, TX 78745
$499,900
4 Bed 2 Bath 1,781 sqft $281/sqft Built 2008 0.16 acres 1-Car Garage Pool Independence Park Condo Amd

This one story home in Independence Park offers 1,781 square feet with 3 bedrooms, a dedicated office, 2 bathrooms, and an open living and dining area.

The interior features high ceilings and wood flooring in the main living areas. The living room is positioned near the center of the home, with the office and bedrooms arranged around the main living spaces.

The kitchen includes stainless steel appliances, a breakfast bar, cabinetry, and additional storage space.

The primary bedroom includes an en suite bathroom with a garden tub, separate shower, and walk in closet.

The fenced backyard is located along the outer perimeter of the neighborhood. A new fence was installed April 2026.

Independence Park has entrances from Manchaca Road and West Gate Boulevard, with access to South Lamar, South Congress, downtown Austin, MoPac, Highway 71, shopping, dining, and other services. Garrison Park and Pool are across the street from the neighborhood and include trails, playgrounds, sports fields, and recreational facilities.

At $281/sqft, this home is 28% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2404 INDEPENDENCE Dr, Austin, TX 78745

Property Details

Price $499,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,781 sqft
Lot Size 0.16 acres (7,013.16 sqft)
Year Built 2008
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Independence Park Condo Amd
County Travis
Zip Code 78745
$/sqft $281/sqft
Days on Market ,
HOA $80/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243843203
List Date August 18, 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.

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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
900 Austin Highlands Blvd
Austin Highlands Sec 01
$500,000 $275 3 bd / 2 ba 1,816 sqft , 2026-07-31
1325 Central Park Ct
Central Park (Salem Center Resub Of Lt B-1)
$499,000 $330 3 bd / 3 ba 1,514 sqft , 2026-06-24
2609 Berkett Dr
Village Sec 02
$499,000 $401 3 bd / 2 ba 1,243 sqft , 2026-08-05
6101 London Dr
Cherry Creek Ph 06 Sec 02 Amd
$499,000 $363 3 bd / 2 ba 1,374 sqft , 2026-09-02
2015 Fair Oaks Dr
Southern Oaks Sec 01
$497,900 $428 3 bd / 2 ba 1,164 sqft , 2026-06-02

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
$2,400/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
$99,980
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,728
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,411

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 19, 2026.

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