Active Listing  ·  89 days on market

2509 Redleaf Ln

Austin, TX 78745
$550,000
3 Bed 2 Bath 1,852 sqft $297/sqft Built 1973 0.19 acres 2-Car Garage Pool Whispering Oaks 03

Welcome to this beautifully maintained home in the desirable Whispering Oaks neighborhood of South Austin. Featuring a classic limestone exterior, this charming residence blends functionality with modern comfort. Inside, you’ll find a thoughtfully designed layout offering 3 spacious bedrooms and 2 full baths across 1,852 square feet. A formal dining area provides the perfect setting for hosting gatherings, while the versatile loft-style flex space can easily adapt to your needs, whether as a home office, media room, or play area. The home is equipped with a Nest thermostat for energy-efficient climate control, adding convenience and smart-home functionality. Generous natural light, well-proportioned living spaces, and a welcoming atmosphere make this property ideal for both everyday living and entertaining. There are also three rain barrels for collecting rainwater which can be used for all of your watering needs.

Don’t miss the opportunity to own this stylish and functional home in one of South Austin’s most sought-after communities.

At $297/sqft, this home is 24% 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

2509 Redleaf Ln, Austin, TX 78745

Property Details

Price $550,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,852 sqft
Lot Size 0.19 acres (8,363.52 sqft)
Year Built 1973
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Whispering Oaks 03
County Travis
Zip Code 78745
$/sqft $297/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,236.4
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228775160
List Date May 7, 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 →

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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