Active Listing  ·  67 days on market

2526 Mcgregor Dr

Austin, TX 78745
$450,000
3 Bed 2 Bath 1,370 sqft $328/sqft Built 1973 0.14 acres Pool Village Sec 05

Fantastic South Austin location! This well-maintained home offers the perfect blend of convenience, character, and thoughtful updates. Ideally situated with easy access to South Congress and South Lamar, you'll be just minutes from Garrison Park, Stephenson Preserve trails, Starbucks, Summer Moon Coffee, Central Market, Radio Coffee, Leona Botanical Cafe & Bar, 360 Greenbelt Access and countless dining, shopping, and entertainment options.

Inside, you'll find an updated kitchen, an open-concept floor plan, and soaring beamed ceilings in the living room that create a bright and inviting atmosphere. The spacious primary suite features a large walk-in closet with a stylish barn door and an updated en-suite bathroom complete with a frameless walk-in shower. Two additional guest bedrooms and an updated full bathroom provide comfortable accommodations for guests.

The converted garage offers incredible flexibility as a music room, studio, home office, gym, or bonus living space. Be sure to discover the hidden bonus room tucked behind the bookcase—a unique feature with endless possibilities for storage, a pet space, hobby room, or creative hideaway.

Step outside to enjoy the spacious backyard shaded by mature trees. The beautiful paver patio creates the perfect setting for entertaining, relaxing, or dining outdoors, while the additional storage building provides valuable extra space for tools, equipment, and seasonal items.

With its desirable South Austin location, flexible living spaces, and distinctive features, this home is a rare opportunity to enjoy the best of Austin living.

Hot Tub does not convey.

At $328/sqft, this home is 16% 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

2526 Mcgregor Dr, Austin, TX 78745

Property Details

Price $450,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,370 sqft
Lot Size 0.14 acres (5,967.72 sqft)
Year Built 1973
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Village Sec 05
County Travis
Zip Code 78745
$/sqft $328/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,146
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236377870
List Date June 18, 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 →

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 · June 18, 2026 $475,000
Current ask $450,000
Reduced $25,000 (-5.3%) 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
6915 Cherry Meadow Dr
Cherry Meadows
$450,000 $349 4 bd / 2 ba 1,290 sqft , 2026-05-27
1928 Miles Ave #1
Manchaca Estates
$459,000 $342 3 bd / 2 ba 1,344 sqft , 2024-08-17
6300 Capriola Dr
Cooper Oaks Sec 01
$435,000 $294 3 bd / 2 ba 1,478 sqft , 2026-06-29
6107 Blarwood Dr
Cherry Creek Ph 02 Sec 04
$425,000 $270 4 bd / 2 ba 1,575 sqft , 2026-07-15
2532 Stoutwood Cir
Cinnamon Hollow Sec 02 Amd
$425,000 $374 2 bd / 2 ba 1,137 sqft , 2026-07-15

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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 22, 2026.

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