Active Listing  ·  25 days on market

2626 PIPING ROCK Trl

Austin, TX 78748
$389,000
4 Bed 2 Bath 1,600 sqft $243/sqft Built 1985 0.27 acres Pool Tanglewood Forest Sec 2 Phs C

Welcome to this charming single-story home tucked away on a cul-de-sac in an established South Austin neighborhood. Set on an oversized lot of more than a quarter acre with mature trees and no direct neighbors behind, the property offers plenty of outdoor space and potential for an ADU, subject to applicable requirements. Inside, fresh interior paint, new luxury vinyl flooring and new carpet create a clean, updated feel. The flexible floor plan includes 4 bedrooms and 2 baths, with the converted garage currently providing additional living space that could serve as a 4th bedroom, home office or game room while still offering some existing garage storage. Or prefer a traditional garage? The space could also be converted back into a full garage, Additional updates include a roof replaced in 2020 and water heater in 2025. Best of all, there is no HOA! Enjoy a convenient South Austin location close to H-E-B, schools, parks, shopping and dining, with the Menchaca entertainment district just about a mile away and local favorites including Armadillo Den, The Hive and Moontower Saloon nearby. Southpark Meadows and major highways provide even more shopping, dining and commuter convenience, while downtown Austin is approximately 12 miles away. A great opportunity to enjoy space, flexibility and an ideal South Austin location!

At $243/sqft, this home is 38% 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

2626 PIPING ROCK Trl, Austin, TX 78748

Property Details

Price $389,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,600 sqft
Lot Size 0.27 acres (11,896.24 sqft)
Year Built 1985
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Tanglewood Forest Sec 2 Phs C
County Travis
Zip Code 78748
$/sqft $243/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243985985
List Date August 29, 2026
Elementary School Kocurek
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 · August 29, 2026 $399,000
Current ask $389,000
Reduced $10,000 (-2.5%) 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
9616 Holly Springs Dr
Tanglewood Forest Sec 02 Ph D
$390,000 $332 3 bd / 2 ba 1,174 sqft , 2026-06-04
10028 Wading Pool Path
Hollow At Slaughter Creek Sec
$390,000 $198 3 bd / 3 ba 1,973 sqft , 2026-06-25
9936 Aly May Dr
Hollow/Slaughter Crk Sec 01
$399,900 $213 3 bd / 3 ba 1,880 sqft , 2026-06-24
9021 Kimono Ridge Dr
Laurelwood Estates
$400,000 $260 3 bd / 3 ba 1,537 sqft , 2026-07-23
9106 Marsh Dr
Pheasant Run Sec 01
$375,000 $313 3 bd / 2 ba 1,200 sqft , 2026-06-03

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
$1,867/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
$77,800
20% conventional investment loan

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

Estimated Gross Rent+$1,867
Principal + Interest−$2,123
Property Tax (~2.1% TX avg)−$681
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,099

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 September 22, 2026.

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