Active Listing  ·  48 days on market

2409 Glen Springs Way

Austin, TX 78741
$360,000
2 Bed 1 Bath 960 sqft $375/sqft Built 1966 0.18 acres 1-Car Garage Pool Greenbriar Sec 01

A fantastic starter home with room to grow — ideal for first-time buyers looking for affordability without sacrificing location. Investors will appreciate the value-add potential and consistent rental demand in this rapidly appreciating Austin corridor. A smart buy no matter your strategy.

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At $375/sqft, this home is 4% 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

2409 Glen Springs Way, Austin, TX 78741

Property Details

Price $360,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 960 sqft
Lot Size 0.18 acres (7,958.41 sqft)
Year Built 1966
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Greenbriar Sec 01
County Travis
Zip Code 78741
$/sqft $375/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,425.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236381559
List Date June 17, 2026
Elementary School Linder
Middle School Lively
High School Travis
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
707 Great Britain Blvd
Buckingham Estates Ph III Sec
$360,000 $309 3 bd / 2 ba 1,166 sqft , 2025-10-17
2124 E 6th St #305
Twentyone24 Condo Amd
$360,000 $433 1 bd / 1 ba 832 sqft , 2026-04-08
16019 Agua Vis
NA
$360,000 $348 3 bd / 2 ba 1,033 sqft , 2026-03-13
2301 Lawnmont Ave #1
Heritage Square Condo
$360,000 $316 2 bd / 2 ba 1,141 sqft , 2026-03-05
4004 Banister Ln #309
MESA Condominiums
$360,000 $533 1 bd / 1 ba 675 sqft , 2026-05-26

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
$1,728/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
$72,000
20% conventional investment loan

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

Estimated Gross Rent+$1,728
Principal + Interest−$1,965
Property Tax (~2.1% TX avg)−$630
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,017

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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