About This Home

Nice home with kitchen open to family room. Private primary bedroom at the rear of the house. Oversized back patio. Covered front porch. Attached 2 car garage. There is no existing survey and there is no sellers disclosure.

At $188/sqft, this home is 52% 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

3505 Breckenridge Dr, Austin, TX 78744

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Property Details

Price $229,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,220 sqft

Lot Size 0.10 acres (4,399.56 sqft)

Year Built 2015

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Colorado Crossing IV Sec 3

County Travis

Zip Code 78744

$/sqft $188/sqft

Days on Market ,

HOA $140/Quarterly

Annual Tax Est. $6,270

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT209026691

List Date October 12, 2025

Elementary School Smith

Middle School Ojeda

High School Del Valle

School District ,

Have Questions About This Property?

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 · October 12, 2025 $304,900

Previous ask $85,000

Current ask $229,900

▼ Reduced $75,000 (-24.6%) 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

923 E 41st St #102
Dure Len C $229,900 $255 2 bd / 1 ba 900 sqft , 2026-05-04

4204 HUDSON BEND Rd #A
Vista Grande Condo $230,000 $214 2 bd / 2 ba 1,074 sqft , 2024-12-31

8601 W Gate Blvd #9104
Canopy/Westgate Grove Condos $229,000 $276 2 bd / 2 ba 831 sqft , 2026-03-27

12310 Furrow Cv #A
Copperfield Twnhms Ph 02 $229,000 $240 2 bd / 2 ba 955 sqft , 2026-07-28

2450 Wickersham Ln #501
Chamonix Condo Amd $225,000 $241 2 bd / 1 ba 935 sqft , 2024-07-30

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

$1,104/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

$45,980

20% conventional investment loan

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

Estimated Gross Rent+$1,104

Principal + Interest−$1,255

Property Tax (~2.1% TX avg)−$402

Insurance (~0.5%)−$96

Est. Monthly Cash Flow $-649

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

3505 Breckenridge Dr