Active Listing  ·  62 days on market

3311 Sesbania Dr

Austin, TX 78748
$645,250
3 Bed 3 Bath 2,269 sqft $284/sqft Built 1981 0.39 acres 2-Car Garage Pool Shady Hollow Sec 5 Phs II

Rare Shady Hollow opportunity on nearly .4 acres of private, live oak tree-covered land with a sparkling in-ground pool and a detached structure with kitchenette, full bath, mini-split HVAC, and covered porch. Whether used for guests, multigenerational living, a home office, or flexible space, a setup like this is hard to find at this price point.

The main home features 3 bedrooms, 2.5 baths, and 2,269 sq ft with multiple dining areas, living room, wood flooring (pecan/walnut) downstairs, and a wood-burning fireplace that anchors the space. Functional layout with solid bones, offering an opportunity to update and personalize in a highly desirable neighborhood.

Recent roof replacements on both the main home and detached structure provide added peace of mind. The expansive lot, surrounded by mature oaks, delivers a level of privacy and outdoor space that is increasingly difficult to find in Shady Hollow.

Zoned to highly regarded Baranoff Elementary, Bailey Middle School, and Bowie High School, with low HOA dues and convenient access to South Austin amenities—this property offers space, flexibility, and long-term upside.

At $284/sqft, this home is 28% 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

3311 Sesbania Dr, Austin, TX 78748

Property Details

Price $645,250
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,269 sqft
Lot Size 0.39 acres (17,114.72 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shady Hollow Sec 5 Phs II
County Travis
Zip Code 78748
$/sqft $284/sqft
Days on Market ,
HOA $260/Semi-Annually
Annual Tax Est. $5,704
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236306665
List Date June 23, 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 · June 23, 2026 $699,985
Current ask $645,250
Reduced $54,735 (-7.8%) 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
3700 Shady Valley Dr
Shady Hollow Sec 03-B
$650,000 $267 3 bd / 3 ba 2,432 sqft , 2026-07-26
3414 Eldorado Trl
Shady Hollow Add Sec 02 Ph 01
$665,000 $316 3 bd / 2 ba 2,105 sqft , 2026-06-25
4110 Paseo Dr
Shady Hollow Sec 03-A Ph 03
$672,000 $255 4 bd / 2 ba 2,636 sqft , 2026-05-07
11425 Sabinal Mesa Dr
Shady Hollow West
$600,000 $247 4 bd / 3 ba 2,431 sqft , 2026-06-05
3105 Sesbania Dr
Shady Hollow Sec 06 Ph A
$699,500 $250 4 bd / 3 ba 2,797 sqft , 2026-07-17

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
$3,097/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
$129,050
20% conventional investment loan

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

Estimated Gross Rent+$3,097
Principal + Interest−$3,521
Property Tax (~2.1% TX avg)−$1,129
Insurance (~0.5%)−$269
Est. Monthly Cash Flow $-1,822

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 August 8, 2026.

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