3 Bed2 Bath1,877 sqft$165/sqftBuilt 20070.23 acres2-Car GaragePoolColonial Place Amd
About This Home
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At $165/sqft, this home is 58% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →
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.
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.
110 W Garrett Run Western Trails Of Quail Creeks$310,000$2183 bd / 2 ba1,420 sqft,2026-03-19
12507 Esplanade St Lamplight Village Sec 05$310,000$1993 bd / 2 ba1,561 sqft,2026-05-01
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
$1,488/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
$61,980
20% conventional investment loan
Monthly Cash Flow Breakdown (20% down · 7.25% rate)
Estimated Gross Rent+$1,488
Principal + Interest−$1,691
Property Tax (~2.1% TX avg)−$542
Insurance (~0.5%)−$129
Est. Monthly Cash Flow$-874
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: