Active Listing  ·  18 days on market

2906 Garvey Cv

Austin, TX 78748
$449,000
2 Bed 2 Bath 1,200 sqft $374/sqft Built 1983 0.14 acres 1-Car Garage Pool Tanglewood Forest Sec 04 Ph B

ADA home compliant, beautifully updated single-story home on a quiet cul-de-sac in Tanglewood Forest, shaded by mature live oaks, Open concept floor plan. Major systems are done: new waterproof plank flooring (2026) as well as major improvements in 2015: new shingled roof with gutters and downspouts, new AC and thermostat, upgraded 200-amp electrical panel, double-pane windows throughout, and foundation repair with 20 pilings. Inside, fresh interior and exterior paint, smooth ceilings, move-in-ready feel. The remodeled kitchen features new cabinetry and countertops, and both baths showcase designer finishes with new vanities, sinks, and fixtures. Vaulted living room with fireplace flows to a sunny bay-window dining nook. Primary suite opens to the backyard through French doors. Thoughtful accessibility updates throughout the home. Out back, a private retreat with an ivy-covered pergola, swing, deck, and storage shed. Minutes to MoPac, I-35, Costco, and South Austin shopping and dining. 1 vehicle garage with capacity for two vehicles in driveway. 5 min walk to scenic, beloved neighborhood duck pond—Lindshire Park. 7 min walk to city-owned and maintained Bauerle Ranch Park with 1.2 miles of natural trails, creeks, and renowned heritage oaks. One owner since 1985.

At $374/sqft, this home is 4% 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

2906 Garvey Cv, Austin, TX 78748

Property Details

Price $449,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,200 sqft
Lot Size 0.14 acres (6,242.15 sqft)
Year Built 1983
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tanglewood Forest Sec 04 Ph B
County Travis
Zip Code 78748
$/sqft $374/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,786.24
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240052334
List Date July 17, 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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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
1115 W 10th St #205
West 10 Street Condo Amd
$449,000 $359 2 bd / 2 ba 1,251 sqft , 2026-03-26
1704 Alleghany Dr
Greenbriar Sec 01
$449,000 $300 3 bd / 2 ba 1,496 sqft , 2026-03-20
1608 Springer Ln
Quail Creek West Ph 02 Sec 01
$449,000 $333 3 bd / 2 ba 1,350 sqft , 2026-05-12
1300 Walnut Ave #B
WALNUT CONDOMINIUMS
$449,000 $507 2 bd / 3 ba 886 sqft , 2026-06-19
7906 Wycombe Dr
Woodstone Village Sec 01
$449,000 $332 3 bd / 2 ba 1,353 sqft , 2026-06-18

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
$2,155/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
$89,800
20% conventional investment loan

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

Estimated Gross Rent+$2,155
Principal + Interest−$2,450
Property Tax (~2.1% TX avg)−$786
Insurance (~0.5%)−$187
Est. Monthly Cash Flow $-1,268

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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