Active Listing  ·  22 days on market

2909 Cavern Mist Ln

Austin, TX 78739
$799,000
4 Bed 2 Bath 2,614 sqft $306/sqft Built 2002 0.51 acres 3-Car Garage Pool Barker Ranch At Shady Hollow

Fully renovated and move-in ready, this 4-bedroom, 2-bath home with a dedicated office is ideally situated on a cul-de-sac lot in Barker Ranch at Shady Hollow, backing to nearby green space for added privacy. Thoughtfully updated throughout, extensive renovations include new luxury vinyl plank flooring, updated texture and paint, new windows, doors and trim, electrical fixtures, bathroom tile and vanities, kitchen cabinetry, stainless steel appliances, and refreshed landscaping. Tile and LVP flooring run throughout with no carpet.

Inside, soaring ceilings, expansive picture windows, and an open-concept layout create bright, inviting living spaces filled with natural light. The renovated kitchen features a large island, breakfast bar, abundant cabinetry, and new stainless steel appliances. The oversized primary suite offers bay windows, space for a sitting area, and a beautifully updated ensuite with dual vanities, modern soaking tub, and separate shower. A dedicated office provides additional flexibility for working from home.

Outside, enjoy a large private backyard backing to nearby green space, along with a covered back porch that provides a great setting for relaxing, dining, or entertaining. Additional highlights include a side-entry three-car garage and spacious laundry room. Barker Ranch at Shady Hollow is an established community with mature landscaping, a neighborhood park, and playground. Conveniently located near shopping and dining along Brodie, Escarpment, and Slaughter, with easy access to Shady Hollow parks and trails, Circle C Ranch Metropolitan Park, Violet Crown Trail, and the Lady Bird Johnson Wildflower Center. Currently zoned to Austin ISD schools including Baranoff Elementary, Bailey Middle School, and Bowie High School.

At $306/sqft, this home is 22% 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

2909 Cavern Mist Ln, Austin, TX 78739

Property Details

Price $799,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,614 sqft
Lot Size 0.51 acres (22,084.92 sqft)
Year Built 2002
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Barker Ranch At Shady Hollow
County Travis
Zip Code 78739
$/sqft $306/sqft
Days on Market ,
HOA $450/Annually
Annual Tax Est. $13,205.89
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247101905
List Date September 17, 2026
Elementary School Baranoff
Middle School Bailey
High School Bowie
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
12409 Gun Metal Dr
Barker Ranch At Shady Hollow
$774,000 $248 4 bd / 3 ba 3,124 sqft , 2026-07-11
12308 Gatling Gun Ln
Barker Ranch At Shady Hollow
$770,000 $246 4 bd / 3 ba 3,124 sqft , 2026-10-08
11600 Arroyo Blanco Dr
Southland Oaks Sec 05
$750,000 $215 5 bd / 4 ba 3,490 sqft , 2026-05-28
13100 Bismark Dr
Bridges Of Bear Creek Ph 2 SE
$698,000 $331 4 bd / 3 ba 2,111 sqft , 2026-08-27
2229 Turtle Mountain Bnd
Bridges At Bear Creek Ph 2 SE
$660,000 $203 4 bd / 4 ba 3,248 sqft , 2026-04-03

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
$3,835/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
$159,800
20% conventional investment loan

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

Estimated Gross Rent+$3,835
Principal + Interest−$4,360
Property Tax (~2.1% TX avg)−$1,398
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,256

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 →