Active Listing  ·  8 days on market

3001 Maplelawn Cir

Austin, TX 78723
$500,000
5 Bed 3 Bath 2,116 sqft $236/sqft Built 1963 0.22 acres Pool Cherrylawn Sec 02

Don't miss this incredible opportunity to live just minutes from it all! Located only 2 miles from Mueller HEB, trendy shops, top-rated restaurants, local parks, and with quick access to major highways—plus just a 15-minute drive to UT and downtown Austin. Tucked away at the end of a quiet cul-de-sac, this beautifully maintained 5 bedroom home offers rare privacy with a spacious backyard perfect for entertaining or any additions. Inside, you'll love the open-concept layout filled with natural light. The primary bedroom is conveniently located on the main floor, while four additional bedrooms upstairs provide plenty of space for family, guests, or a home office. Enjoy elegant upgrades including quartz countertops, wood flooring on the main level, renovated bathrooms, and fresh interior paint throughout. This is the kind of home that checks all the boxes—come see it for yourself!

At $236/sqft, this home is 40% 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

3001 Maplelawn Cir, Austin, TX 78723

Property Details

Price $500,000
Status Active Listing
Beds 5
Full Baths 2
Half Baths 1
Living Area 2,116 sqft
Lot Size 0.22 acres (9,766.15 sqft)
Year Built 1963
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Cherrylawn Sec 02
County Travis
Zip Code 78723
$/sqft $236/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,310.17
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248288832
List Date September 30, 2026
Elementary School Pecan Springs
Middle School Pearce Middle
High School Eastside Early College
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
5407 Tipton Dr
Preswyck Hills Sec 04
$519,000 $278 4 bd / 2 ba 1,870 sqft , 2026-10-01
3100 Lynridge Dr
Vintage Hills Sec 04
$524,900 $249 4 bd / 2 ba 2,111 sqft , 2026-04-10
5215 Overbrook Dr
Manor Hills
$475,000 $321 4 bd / 2 ba 1,480 sqft , 2026-02-01
7102 Fred Morse Dr
Vintage Hills Sec 02
$475,000 $217 4 bd / 3 ba 2,184 sqft , 2026-08-18
3017 Val Dr
Vintage Hills Sec 04
$475,000 $226 4 bd / 2 ba 2,100 sqft , 2026-09-04

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
$2,400/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
$100,000
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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 8, 2026.

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