Active Listing  ·  38 days on market

2909 Fleet Dr

Austin, TX 78748
$469,000
3 Bed 3 Bath 1,945 sqft $241/sqft Built 2005 0.18 acres 2-Car Garage Pool Bauerle Ranch

An amazing gem in highly-desirable Bauerle Ranch! Within the gentle rolling landscape and countless mature trees of the community, this cozy 3-bed / 2.5-bath, two-story home offers comfortable living and abundant flexibility to meet almost any lifestyle needs. In addition to the separate upper and lower living areas, you'll love the the flex room on the first floor that's bathed in light from its oversized windows and makes a perfect office, crafts area or quiet reading space. The oversized combination Laundry/Pantry is a hit for those who like to stock up or just need a little extra storage. Outside you'll find a large backyard with extended patio and enclosed screened area as a welcoming place for everything from quiet morning coffee to entertaining. Add to that a roof and HVAC system that's been updated in the recent past which are sure to offer comfort and peace of mind for years to come.

Embraced within 300+ acres of protected nature preserve and greenbelt, Bauerle Ranch offers miles of walking/hiking/biking paths and trails along with a community pool, playground and park. While the seclusion of the community may make it feel like you're much further, you're just minutes away from shopping/dining/entertainment and conveniently located between IH35 and Loop 1 Mopac for a quick trip to downtown, ABIA and more. Welcome Home!

At $241/sqft, this home is 39% 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

2909 Fleet Dr, Austin, TX 78748

Property Details

Price $469,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,945 sqft
Lot Size 0.18 acres (7,805.95 sqft)
Year Built 2005
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bauerle Ranch
County Travis
Zip Code 78748
$/sqft $241/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. $9,107.53
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245180576
List Date August 31, 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 31, 2026 $479,000
Current ask $469,000
▼ Reduced $10,000 (-2.1%) 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
11614 Buster Crabbe Dr
Olympic Heights West
$459,999 $286 3 bd / 3 ba 1,608 sqft , 2026-06-27
1625 Rockland Dr
Sweetwater Glen Condo Amd
$449,000 $208 3 bd / 3 ba 2,163 sqft , 2026-08-12
10701 Beard Ave
Bauerle Ranch
$445,000 $229 3 bd / 3 ba 1,945 sqft , 2026-06-23
1703 Comfort Ln
Sweetwater Glen Condo Amd
$439,900 $218 3 bd / 3 ba 2,019 sqft , 2026-08-20
2312 MARCUS ABRAMS Blvd
Olympic Heights Sec 02
$439,000 $185 4 bd / 3 ba 2,377 sqft , 2026-09-21

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
$2,251/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
$93,800
20% conventional investment loan

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

Estimated Gross Rent+$2,251
Principal + Interest−$2,560
Property Tax (~2.1% TX avg)−$821
Insurance (~0.5%)−$195
Est. Monthly Cash Flow $-1,325

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 15, 2026.

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