Active Listing  ·  35 days on market

2612 Georgia Coleman Bnd

Austin, TX 78748
$379,000
3 Bed 3 Bath 1,432 sqft $265/sqft Built 2007 0.10 acres 2-Car Garage Pool OLYMPIC HEIGHTS

*1% Lender credit being offered to buy rate down or cover closing costs!! Move-in ready and thoughtfully updated, this South Austin home has an easy, welcoming feel from the moment you step inside. Soaring ceilings and a smart floor plan make the space feel open and airy, while luxury vinyl plank flooring throughout (no carpet!), fresh interior paint, and stylish updates bring a clean, modern feel throughout.

Downstairs, the living, kitchen and dining spaces flow together effortlessly. The kitchen features stainless steel appliances, updated granite countertops and backsplash, and an oversized stainless steel sink. The laundry room is conveniently tucked nearby. Upstairs, you’ll find all three bedrooms, including a spacious primary suite, plus refreshed bathrooms with updated vanities. A 2020 water heater and roof replaced in 2023 take care of a couple of the big-ticket items. Refrigerator, Washer & Dryer all convey.

Out back, enjoy a shady, fully fenced yard with no homes directly behind you and a covered patio perfect for morning coffee and weekend hangs.

Olympic Heights has that tucked-away South Austin feel, with a community pond and walking trails, dedicated dog park, and Bauerle Ranch Park nearby. Easy access to I-35, Mopac, shopping, dining, and South Austin favorites makes this one easy to love.

At $265/sqft, this home is 32% 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

2612 Georgia Coleman Bnd, Austin, TX 78748

Property Details

Price $379,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,432 sqft
Lot Size 0.10 acres (4,399.56 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision OLYMPIC HEIGHTS
County Travis
Zip Code 78748
$/sqft $265/sqft
Days on Market ,
HOA $45/Monthly
Annual Tax Est. $5,803
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245555709
List Date September 3, 2026
Elementary School Baranoff
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.

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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 · September 3, 2026 $389,900
Previous ask $385,000
Current ask $379,000
▼ Reduced $10,900 (-2.8%) 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
11816 Dave Silk Dr
Rancho Alto Ph 01
$378,000 $206 4 bd / 3 ba 1,836 sqft , 2026-05-23
11403 Georgia Coleman Bnd
Olympic Heights Sec 03
$375,000 $220 3 bd / 3 ba 1,707 sqft , 2026-08-07
11304 Canterbury Tales Ln
Canterbury Trails Sec 04
$383,000 $221 3 bd / 3 ba 1,736 sqft , 2026-05-05
11110 Jim Thorpe Ln
Olympic Heights Sec 02
$374,999 $196 4 bd / 3 ba 1,909 sqft , 2026-08-18
2028 Desco Dr
Hillcrest Sec 01
$385,000 $203 3 bd / 3 ba 1,898 sqft , 2026-08-07

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
$1,819/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
$75,800
20% conventional investment loan

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

Estimated Gross Rent+$1,819
Principal + Interest−$2,068
Property Tax (~2.1% TX avg)−$663
Insurance (~0.5%)−$158
Est. Monthly Cash Flow $-1,070

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 8, 2026.

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