Active Listing  ·  22 days on market

2522 Magin Meadow Dr

Austin, TX 78744
$349,000
4 Bed 3 Bath 2,097 sqft $166/sqft Built 2005 0.09 acres 2-Car Garage Pool Meadow Lake Ph 01 02

Tucked in South Austin’s Meadow Lake neighborhood, this beautifully appointed two-story home pairs fresh updates with distinctive architectural details and no HOA. A classic stone-accent exterior and an inviting front porch set the tone before you even step inside. A welcoming foyer leads to a sun-drenched family room with graceful architectural arches that give each room its own character, while tile flooring throughout the entire downstairs makes for easy everyday living. Overlooking the backyard, the dining room features updated lighting and flows seamlessly into the kitchen, which offers freshly painted cabinetry, generous counter space, a pantry, and stainless steel appliances. A pass-through above the sink keeps the family room connected.

Upstairs, you’ll discover three well-sized secondary bedrooms, that share a full bath, and an expansive owner’s suite with room to truly unwind. Its generous sitting area and charming Juliet balcony create a private retreat, complemented by an ensuite bath with dual vanities, a soaking garden tub, a separate shower, and an impressive walk-in closet. Recent improvements include a new HVAC installed in 2025, a new water heater, and carpet installed in 2026. Recent interior and exterior paint gives the home a renewed look and offers a fresh and welcoming start! Outdoors, a covered patio and spacious fenced backyard offer room for relaxed evenings and weekend gatherings. Nearby Southpark Meadows brings shopping, dining, and entertainment within easy reach, with convenient access to I-35

At $166/sqft, this home is 58% 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

2522 Magin Meadow Dr, Austin, TX 78744

Property Details

Price $349,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,097 sqft
Lot Size 0.09 acres (3,772.3 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Meadow Lake Ph 01 02
County Travis
Zip Code 78744
$/sqft $166/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248589296
List Date October 2, 2026
Elementary School Langford
Middle School Mendez
High School Akins
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
7011 Thannas Way
Meadow Lake Ph 01 02
$325,000 $215 4 bd / 3 ba 1,512 sqft , 2026-09-05
814 N Bluff Dr #82
North Bluff Condominiums
$375,000 $238 3 bd / 3 ba 1,576 sqft , 2026-10-14
6807 Trendal Ln
South Creek South Sec 02 Amd
$315,000 $208 4 bd / 2 ba 1,516 sqft , 2025-05-02
5000 Fontenay Dr
Nuckles Crossing Sec 02
$310,000 $206 4 bd / 2 ba 1,503 sqft , 2026-08-06
5506 S Pleasant Valley Rd
Village South Ph 02
$389,999 $250 5 bd / 2 ba 1,561 sqft , 2026-07-23

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
$1,675/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
$69,800
20% conventional investment loan

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

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (~2.1% TX avg)−$611
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-986

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 October 3, 2026.

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