Active Listing  ·  35 days on market

3031 Sesbania Dr

Austin, TX 78748
$555,000
3 Bed 2 Bath 1,721 sqft $322/sqft Built 1986 0.18 acres 2-Car Garage Pool Shady Hollow Sec 06 Ph C

Stunning with modern flair, this updated contemporary offers an open concept floor plan bathed in light. luxury and warmth. Visit https://www.homes.com/property/3031-sesbania-dr-austin-tx/djgjb77vfxh38/ for an AI tour. Welcome home to the highly sought after community of Shady Hollow in the heart of South Austin. Where tree filled lots embrace family and culture. This lovely 3 bed, 2 bath abode is perfect for entertaining with soaring ceilings and a seamlessly blended kitchen area making hosting both easy and enjoyable. Curl up to the striking full wall fireplace and soak up a good book or retreat to the primary suite and savor the lavish spa inspired en-suit along with a generous walk in closet and access to the backyard screened porch. ** Please note that Sellers will remove the screen from the back porch at Buyers request. Large secondary bedrooms share a beautifully detailed guest bath complete with a custom glass vessel sink. These Bedrooms are located on the opposite side of the home for added privacy. While the outdoor patio has been screened to keep out pests, the intricate tongue and grove wood work and sky lights allow just enough illumination in to encapsulate a true "nature feel" all in the privacy of your own backyard. A separate two garage offers additional work and storage space. This home truly has it all. Neighborhood recreation includes pool, splash pad, playgrounds, tennis, pickle ball & basketball courts, walking trails and an amenities center. Planned monthly community events and top ranked schools make this a perfect place to make life long memories.

At $322/sqft, this home is 18% 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

3031 Sesbania Dr, Austin, TX 78748

Property Details

Price $555,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,721 sqft
Lot Size 0.18 acres (7,679.63 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shady Hollow Sec 06 Ph C
County Travis
Zip Code 78748
$/sqft $322/sqft
Days on Market ,
HOA $260/Semi-Annually
Annual Tax Est. $6,809
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241251675
List Date September 4, 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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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 · September 4, 2026 $574,900
Previous ask $559,900
Current ask $555,000
▼ Reduced $19,900 (-3.5%) 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
3309 Tavistock Dr
Bauerle Ranch
$549,999 $238 4 bd / 3 ba 2,310 sqft , 2026-08-20
3001 Six Gun Trl
Shady Hollow Sec 06 Ph C
$580,000 $322 3 bd / 2 ba 1,804 sqft , 2026-10-01
10712 Finsbury Dr
Bauerle Ranch
$515,000 $247 3 bd / 3 ba 2,086 sqft , 2026-06-10
2920 Lynnbrook Dr
Bauerle Ranch
$500,000 $216 3 bd / 3 ba 2,310 sqft , 2026-10-08
11218 Stormy Ridge Rd
Shady Hollow Sec 03-A Ph 01
$629,000 $289 3 bd / 2 ba 2,177 sqft , 2026-09-05

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
$2,664/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
$111,000
20% conventional investment loan

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

Estimated Gross Rent+$2,664
Principal + Interest−$3,029
Property Tax (~2.1% TX avg)−$971
Insurance (~0.5%)−$231
Est. Monthly Cash Flow $-1,567

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 7, 2026.

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