Active Listing  ·  92 days on market

2408 SHILOH Dr

Austin, TX 78745
$550,000
3 Bed 2 Bath 1,679 sqft $328/sqft Built 1984 0.24 acres 2-Car Garage Pool Shiloh Ph 02 Sec 01 Amd

Set on a beautiful corner lot in Cherry Creek, this single-story home offers privacy, shade, and an easy South Austin lifestyle. Inside, vaulted ceilings with exposed beams, warm flooring, and a stone wood-burning fireplace give the main living space character without feeling overdone.

The kitchen opens naturally into the living and dining areas, with butcher block counters, a long breakfast bar, pantry, recessed lighting, and views of the backyard. The flexible floor plan includes three bedrooms, two full bathrooms, and a bonus living space near the front of the home.

Out back, the level, fenced yard is shaded by mature trees and includes a covered patio, partial xeriscaping, and a hot tub, creating an easy setup for relaxing or entertaining. Located minutes from Stephenson Nature Preserve, Garrison Park, Silk Oak Park, South Congress, Mopac, and I-35, this home puts you close to everyday conveniences while still feeling tucked into one of South Austin’s most established neighborhoods.

At $328/sqft, this home is 16% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2408 SHILOH Dr, Austin, TX 78745

Property Details

Price $550,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,679 sqft
Lot Size 0.24 acres (10,367.28 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shiloh Ph 02 Sec 01 Amd
County Travis
Zip Code 78745
$/sqft $328/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228787928
List Date May 4, 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
8414 Bowling Green Dr #3
SHAMROCK AVENUE CONDOMINIUMS
$550,000 $354 3 bd / 3 ba 1,555 sqft , 2026-02-13
306 Cartwheel Bnd #130
The Vineyards at Rough Hollow
$550,000 $272 4 bd / 4 ba 2,022 sqft , 2026-04-07
5308 Sendero Hills Pkwy
Meadows At Trinity Crossing Ph
$550,000 $255 3 bd / 3 ba 2,158 sqft , 2026-04-03
1702 S Lamar Blvd #12
Sage Condo
$550,000 $362 2 bd / 3 ba 1,521 sqft , 2026-03-15
800 Embassy Dr #337
Tyndall at Robertson Hill Condominiums
$550,000 $409 2 bd / 2 ba 1,344 sqft , 2025-09-11

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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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