Active Listing  ·  253 days on market

2507 Western Trails Blvd

Austin, TX 78745
$589,990
3 Bed 2 Bath 1,391 sqft $424/sqft Built 1968 0.23 acres 2-Car Garage Pool Western Trails Sec 06

Beautifully remodeled South Austin home just minutes from downtown, Central Market, and popular restaurants and shopping. Currently tenant occupied with lease in place through March 1, 2027 at $3,200 per month, providing immediate and stable cash flow. Property conveys subject to existing lease and tenant rights. Showings by appointment only.

Inside, enjoy a seamless flow between living and dining areas anchored by a stunning gas fireplace with stylish tile surround. The primary suite offers a spa-like walk-in shower and spacious walk-in closet. Two additional bedrooms and a full bath provide flexibility for guests or home office use.

Outdoor living is exceptional with an expansive screened-in porch extending the entertaining space. The outdoor kitchen features a tiled wet bar with two bar refrigerators. The landscaped backyard includes a “Fountain of Zen,” lit bocce ball court, and dedicated staging area by the pond—ideal for gatherings and outdoor events. A storage shed with electricity and sink adds extra functionality.

Thoughtfully updated and well maintained, this property offers both lifestyle appeal and strong investment fundamentals in a prime Austin location.

At $424/sqft, this home is priced 8% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2507 Western Trails Blvd, Austin, TX 78745

Property Details

Price $589,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,391 sqft
Lot Size 0.23 acres (9,870.7 sqft)
Year Built 1968
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Western Trails Sec 06
County Travis
Zip Code 78745
$/sqft $424/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $14,370
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT214117734
List Date December 14, 2025
Elementary School Sunset Valley
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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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 · December 14, 2025 $599,990
Current ask $589,990
Reduced $10,000 (-1.7%) 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
4709 Mount Vernon Dr
Greenwood Forest Sec 02
$594,992 $361 3 bd / 2 ba 1,649 sqft , 2026-01-12
3700 Clawson Rd #301
Clawson Ridge
$595,000 $354 2 bd / 3 ba 1,680 sqft , 2026-08-14
4200 Valley View Rd #B
Valley View Condos
$599,000 $364 3 bd / 3 ba 1,644 sqft , 2026-07-09
2002 Glen Allen St #104
Glen Allen Condos
$599,900 $323 2 bd / 3 ba 1,858 sqft , 2026-01-02
6108 Bridlington Cir
Cherry Creek Ph 06 Sec 02 Amd
$600,000 $387 3 bd / 2 ba 1,552 sqft , 2026-04-10

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
$2,832/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
$117,998
20% conventional investment loan

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

Estimated Gross Rent+$2,832
Principal + Interest−$3,220
Property Tax (~2.1% TX avg)−$1,032
Insurance (~0.5%)−$246
Est. Monthly Cash Flow $-1,666

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 20, 2026.

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