Active Listing  ·  99 days on market

2605 Market Garden Ln

Austin, TX 78745
$565,000
3 Bed 2 Bath 1,698 sqft $333/sqft Built 1984 0.17 acres 2-Car Garage Pool Cherry Creek Ph 07 Sec 06

Modern design, clean lines, and effortless livability come together in this beautifully renovated South Austin residence. From the moment you step inside, the home reveals a bright, open layout where every detail has been thoughtfully curated. Natural light fills the space, enhancing the seamless flow between the living, dining, and kitchen areas—creating an environment that feels both expansive and inviting. At the center of the home, the kitchen makes a bold statement. Featuring sleek black cabinetry, refined countertops, and stainless steel appliances, it’s a space designed to impress while remaining highly functional for everyday living and entertaining. This 3-bedroom, 2-bathroom home offers a well-balanced layout with spacious, comfortable bedrooms that provide a true sense of retreat. The bathrooms have been completely reimagined with modern finishes and elevated fixtures, delivering a clean, contemporary aesthetic throughout. Thoughtful updates extend beyond the interior, including a roof replaced in 2024, adding long-term value and peace of mind. The home’s refreshed exterior further enhances its curb appeal, giving it a modern presence from the moment you arrive. Perfectly positioned in South Austin, the location offers the ideal mix of convenience and lifestyle—just minutes from local dining, shopping, and entertainment, while still providing a sense of calm and neighborhood charm. Clean, modern, and move-in ready—this is South Austin living, redefined.

At $333/sqft, this home is 15% 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

2605 Market Garden Ln, Austin, TX 78745

Property Details

Price $565,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,698 sqft
Lot Size 0.17 acres (7,313.72 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cherry Creek Ph 07 Sec 06
County Travis
Zip Code 78745
$/sqft $333/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,992.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227542035
List Date April 27, 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
4209 Red Cloud Dr
MESA PARK PHS 3
$565,000 $344 3 bd / 2 ba 1,643 sqft , 2026-04-11
4603 Bucks Run None
INDIAN HILLS
$565,000 $352 3 bd / 2 ba 1,603 sqft , 2026-03-26
6101 Sun Vista Dr
Westcreek Sec 02
$565,000 $349 3 bd / 2 ba 1,620 sqft , 2026-06-04
15103 Sun Bird Ln
Cardinal Hills Unit 02
$565,000 $270 4 bd / 3 ba 2,090 sqft , 2026-06-25
6314 Leftwich Cv
Sweetwater Ranch Sec 2 Vlgs C
$565,000 $311 3 bd / 3 ba 1,819 sqft , 2026-06-30

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
$2,712/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
$113,000
20% conventional investment loan

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

Estimated Gross Rent+$2,712
Principal + Interest−$3,083
Property Tax (~2.1% TX avg)−$989
Insurance (~0.5%)−$235
Est. Monthly Cash Flow $-1,595

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 →