Active Listing  ·  8 days on market

2804 Leeds Cv

Austin, TX 78745
$535,000
3 Bed 2 Bath 1,374 sqft $389/sqft Built 1976 0.28 acres 2-Car Garage Pool Cherry Creek Ph 06 Sec 02 Amd

Tucked at the end of a quiet cul-de-sac in South Austin's Cherry Creek neighborhood, this single-story home sits on a generous 0.283-acre lot framed by mature trees. Board-and-batten siding with a brick-and-stucco exterior gives it standout curb appeal, and the gently sloping yard offers room to garden, play, and unwind.

Inside, an open floor plan fills with natural light, accented by recessed lighting, ceiling fans, and a wood-burning fireplace anchoring the living room. The eat-in kitchen features a gas cooktop and stainless steel appliances, and opens easily into two separate dining areas, ideal for everyday meals or entertaining. All bedrooms are on the main level, including a primary suite with a walk-in closet, and the home is entirely step-free. Flooring is a mix of wood, tile, laminate, and vinyl throughout.

The private backyard is ready for whatever you have in mind, whether that's a garden, a gathering spot, or simply relaxing beneath the trees. Additional highlights include a two-car attached garage, full gutters, natural gas service, fiber internet availability, and no HOA. Zoned to Austin ISD (Sunset Valley Elementary, Covington Middle, Crockett High) with quick access to S Lamar, US-290/TX-71, and Loop 360.

Information provided by seller and to be independently verified by the purchaser.

At $389/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,455 active listings. View Austin market report →

Location

2804 Leeds Cv, Austin, TX 78745

Property Details

Price $535,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,374 sqft
Lot Size 0.28 acres (12,340.55 sqft)
Year Built 1976
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cherry Creek Ph 06 Sec 02 Amd
County Travis
Zip Code 78745
$/sqft $389/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,057.79
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242321183
List Date September 30, 2026
Elementary School Sunset Valley
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.

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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
6605 Woodhue Dr
Cooper Oaks Sec 02-A
$525,000 $322 4 bd / 3 ba 1,632 sqft , 2026-09-03
6108 Bridlington Cir
Cherry Creek Ph 06 Sec 02 Amd
$550,000 $354 3 bd / 2 ba 1,552 sqft , 2026-04-10
2802 Leeds Cv
CHERRY CREEK PHS VI SEC 2 AMENDED
$550,000 $384 3 bd / 2 ba 1,434 sqft , 2026-07-17
7204 Towering Oaks Dr
Whispering Oaks 04
$557,750 $394 3 bd / 2 ba 1,417 sqft , 2026-09-17
4917 Sunset Trl #A
Sunset Trail Condos Ph 2
$559,000 $312 3 bd / 3 ba 1,792 sqft , 2026-03-25

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
$2,568/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
$107,000
20% conventional investment loan

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

Estimated Gross Rent+$2,568
Principal + Interest−$2,920
Property Tax (~2.1% TX avg)−$936
Insurance (~0.5%)−$223
Est. Monthly Cash Flow $-1,511

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 6, 2026.

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