About This Home

One story home with separate apartment attached. Aprtment could work for elderly parents, rental, short term rental, not far from COTA. Nice shaded lot. Come take a look.

At $226/sqft, this home is 42% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

6002 Fairway St, Austin, TX 78741

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Property Details

Price $320,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,419 sqft

Lot Size 0.14 acres (5,893.67 sqft)

Year Built 1980

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Country Club Gardens Sec 07

County Travis

Zip Code 78741

$/sqft $226/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $4,462.68

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT250313136

List Date October 20, 2026

Elementary School Del Valle

Middle School Del Valle

High School Del Valle

School District Del Valle ISD

School District

Del Valle ISD

Del Valle · Del Valle · Del Valle

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 20, 2026 $330,000

Current ask $320,000

▼ Reduced $10,000 (-3.0%) 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

6303 Santos St #A
6303 Santos Site Condos $319,900 $282 2 bd / 3 ba 1,134 sqft , 2026-08-27

6814 E Riverside Dr #32
Park East Condos Bldg 3 $315,000 $190 3 bd / 3 ba 1,655 sqft , 2025-09-30

1108 Vasquez St
Chernosky 16 $330,000 $258 3 bd / 2 ba 1,280 sqft , 2025-02-26

1003 Valdez St #A
Chernosky 16 $330,000 $293 2 bd / 3 ba 1,125 sqft , 2026-08-16

6406 Felix Ave #2
6406 Felix Avenue Site Condos $304,900 $280 3 bd / 3 ba 1,088 sqft , 2026-08-11

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

$1,536/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

$64,000

20% conventional investment loan

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

Estimated Gross Rent+$1,536

Principal + Interest−$1,746

Property Tax (assumed ~2.1%)−$560

Insurance (assumed ~0.5%)−$133

Est. Monthly Cash Flow $-903

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 · 41 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. The written content was last updated on November 10, 2026.

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

6002 Fairway St

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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