Active Listing  ·  129 days on market

2524 Lavendale Ct

Austin, TX 78748
$485,000
3 Bed 3 Bath 2,775 sqft $175/sqft Built 2001 0.15 acres 2-Car Garage Pool Hillcrest Sec 03

Beautiful curb appeal with large mature trees and full stone exterior. Flex space immediately upon entry, perfect for formal dining, home office, or additional living space. The first floor features open concept great room with corner fireplace. Light and bright kitchen with center island, stainless steel appliances, recessed lighting, and ample quartz countertops and cabinets. Dining space with bay window offers tons of natural light! Warm wood laminate flooring throughout. HUGE walk-in pantry and utility room offers plenty of storage space combined with the laundry room. Head upstairs to the bonus game room – perfect for media, family game night, playroom or work space- it could also be converted to a 4th bedroom! Primary suite includes another flex space! Ideal for nursery, home office, yoga/gym or a cozy place to unwind at the end of the day. The primary suite bathroom has been thoughtfully updated and is ready for relaxation! Secondary bedrooms both have walk-in closets and share a hall bath. This home offers so much flexible space; it is perfect for any family's diverse needs. The living room, kitchen and primary suite overlook the back yard with views of mature trees. The backyard is perfect for entertaining and gardening! The free standing covered deck offers a great outdoors space to enjoy year round gatherings! Located in the heart of the South Austin entertainment district with accessibility to everything that you need. Shopping, dining, entertainment! Hillcrest is an established South Austin community with mature landscape and beautiful trees. Walk to the community pool and playground!

At $175/sqft, this home is 55% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2524 Lavendale Ct, Austin, TX 78748

Property Details

Price $485,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,775 sqft
Lot Size 0.15 acres (6,464.3 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Hillcrest Sec 03
County Travis
Zip Code 78748
$/sqft $175/sqft
Days on Market ,
HOA $484/Annually
Annual Tax Est. $9,645.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225841514
List Date April 17, 2026
Elementary School Menchaca
Middle School Bailey
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.

Schedule a Call →

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 · April 17, 2026 $500,000
Previous ask $498,000
Current ask $485,000
Reduced $15,000 (-3.0%) 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
2612 Lynnbrook Dr
Bauerle Ranch
$497,400 $195 3 bd / 3 ba 2,554 sqft , 2026-04-10
11228 Pickard Ln
Hillcrest Sec 02
$499,990 $151 4 bd / 3 ba 3,302 sqft , 2026-04-11
12404 Reserve Creek Dr
Gabardine Condo
$469,500 $249 3 bd / 3 ba 1,885 sqft , 2026-05-09
2516 Hopsack Mills Rd
Gabardine Condo
$469,000 $195 3 bd / 3 ba 2,407 sqft , 2026-05-13
1625 Rockland Dr
Sweetwater Glen Condo Amd
$465,000 $215 3 bd / 3 ba 2,163 sqft , 2026-08-12

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
$2,328/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
$97,000
20% conventional investment loan

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

Estimated Gross Rent+$2,328
Principal + Interest−$2,647
Property Tax (~2.1% TX avg)−$849
Insurance (~0.5%)−$202
Est. Monthly Cash Flow $-1,370

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 17, 2026.

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