About This Home

LOOK AT THE NEW PRICE! YOU WILL BE THRILLED!!! LOCATION MAKES ALL THE DIFFERENCE! SOUTHWEST AUSTIN IN THE 78745 ZIP NEAR MOPAC, BRODIE, SHOPPING, RESTAURANTS AND SO MUCH MORE! THIS THREE BEDROOM, TWO BATH HOME WITH SHADE IN THE OVERSIZED FENCED BACKYARD IS JUST WAITING FOR A NEW OWNER! NO CARPET, WITH CERAMIC TILE AND VINYL PLANKING! OPEN FLOORPLAN! GARAGE WALLS HAVE A FRESH COAT OF PAINT! JUST REPLACED ALL OF THE 2" WOOD FAUX BLINDS AND SOME LIGHTING! HUGE FORMAL DINING WHICH CAN BE USED AS A FLEX AREA FOR CRAFTS, WORKOUTS, AN OFFICE OR MANY OTHER USES! ELEMENTARY AND MIDDLE SCHOOLS ARE VERY CLOSE AND CONVENIENT! THIS OPPORTUNITY WILL NOT LAST LONG!

At $258/sqft, this home is 34% 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

3312 Galesburg Dr, Austin, TX 78745

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Property Details

Price $395,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,529 sqft

Lot Size 0.16 acres (6,873.77 sqft)

Year Built 1979

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Southampton Sec 02

County Travis

Zip Code 78745

$/sqft $258/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $8,655.87

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT237473418

List Date June 24, 2026

Elementary School Boone

Middle School Covington

High School Crockett

School District ,

Have Questions About This Property?

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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 24, 2026 $474,900

Previous ask $444,900

Current ask $395,000

▼ Reduced $79,900 (-16.8%) 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

3411 Thomas Kincheon St
Oak Plantations $399,999 $384 3 bd / 1 ba 1,042 sqft , 2026-05-07

3022 Sea Jay Dr
Enclave At Westgate $405,000 $236 3 bd / 3 ba 1,714 sqft , 2026-04-24

8401 Siskin Cv
Cherry Creek Ph 08 Sec 06 $382,500 $292 3 bd / 2 ba 1,311 sqft , 2026-07-22

8314 Nicola Trl
Enclave At Westgate $415,000 $228 3 bd / 3 ba 1,817 sqft , 2026-04-14

4009 Alexandria Dr
Maple Run Sec 04-A $370,000 $234 3 bd / 2 ba 1,581 sqft , 2026-05-08

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

$1,896/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

$79,000

20% conventional investment loan

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

Estimated Gross Rent+$1,896

Principal + Interest−$2,156

Property Tax (~2.1% TX avg)−$691

Insurance (~0.5%)−$165

Est. Monthly Cash Flow $-1,116

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

About the Author

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 17, 2026.

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

3312 Galesburg Dr