About This Home

New build from the foundation up due to fire! completed in 2025 this is basically a new home and its priced $25k below the appraisal posted in mls. This is an adorable 3 bedroom 2 bath home with a single car garage on a nice size level lot. The motivated seller has included a refrigerator, washer and dryer and will assist the buyer with a $5k credit to use as they choose at closing. The home has all laminate flooring, tall base boards, quartz counter tops, tall subway tile tub surrounds, double pane low e windows, energy efficient central air and heat , gas water heater, good attic insulation, 30 year upgraded shingles, Hardie siding, and 2 High efficency toilets. This is a fantastic buy in 78745. Stassney and first street beauty!

At $390/sqft, this home is priced in line with the Austin market average of $393/sqft across 4,588 active listings. View Austin market report →

Location

408 Blueberry Hl, Austin, TX 78745

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Property Details

Price $385,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 988 sqft

Lot Size 0.15 acres (6,359.76 sqft)

Year Built 2024

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Flournoys Sweetbriar Sec 11

County Travis

Zip Code 78745

$/sqft $390/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT232824940

List Date June 5, 2026

Elementary School Odom

Middle School Bedichek

High School Crockett

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 · June 5, 2026 $450,000

Previous ask $399,900

Current ask $385,000

▼ Reduced $65,000 (-14.4%) 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

902 Austin Highlands Blvd
Austin Highlands Sec 01 $384,888 $362 3 bd / 2 ba 1,064 sqft , 2026-07-10

5413 Blue Bird Ln #2
Blue Bird Condominiums $399,000 $387 2 bd / 3 ba 1,032 sqft , 2026-09-08

407 Tamworth Ave
Greenwood Hills Sec 04 $400,000 $418 3 bd / 2 ba 956 sqft , 2026-09-16

5141 Meadow Creek Dr
Emerald Forest Sec 4 $365,000 $361 3 bd / 2 ba 1,012 sqft , 2026-08-03

512 Mulberry Dr
Beaconridge 04-A $359,000 $271 3 bd / 2 ba 1,323 sqft , 2026-06-17

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

$1,848/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

$77,000

20% conventional investment loan

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

Estimated Gross Rent+$1,848

Principal + Interest−$2,101

Property Tax (~2.1% TX avg)−$674

Insurance (~0.5%)−$160

Est. Monthly Cash Flow $-1,087

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 September 9, 2026.

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

408 Blueberry Hl