Active Listing  ·  8 days on market

6024 Elfen Way

Austin, TX 78724
$299,999
3 Bed 2 Bath 1,203 sqft $249/sqft Built 2008 0.12 acres 2-Car Garage Pool Woodlands Sec 03 The

Fully remodeled and move-in ready, this beautifully updated home offers a fresh, modern interior with thoughtful improvements throughout. The renovated kitchen features new appliances, updated cabinetry, modern countertops, and a functional layout that opens comfortably to the main living and dining areas. Both bathrooms have been fully remodeled with updated finishes, fixtures, vanities, and clean contemporary design.

Additional interior updates create a bright, polished feel throughout the home, while the practical floor plan provides comfortable living spaces and well-proportioned bedrooms. The property is located within an established HOA community offering desirable neighborhood amenities, including a community pool, park, playground, picnic areas, sidewalks, and maintained common spaces.

Conveniently situated near major roadways, shopping, dining, schools, and everyday services, this fully renovated home combines modern updates, community amenities, and easy access to the Austin area.

At $249/sqft, this home is 36% 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

6024 Elfen Way, Austin, TX 78724

Property Details

Price $299,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,203 sqft
Lot Size 0.12 acres (5,057.32 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Woodlands Sec 03 The
County Travis
Zip Code 78724
$/sqft $249/sqft
Days on Market ,
HOA $35/Monthly
Annual Tax Est. $5,677.91
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240838239
List Date July 27, 2026
Elementary School Oak Meadows
Middle School Decker
High School Manor
School District ,

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.

Schedule a Call →

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
1416 Bichon Bnd
Smithfield
$299,999 $192 3 bd / 3 ba 1,565 sqft , 2026-03-04
1202 Newning Ave #311
Madrid
$299,999 $271 2 bd / 1 ba 1,107 sqft , 2025-05-29
6211 Manor Rd #107
Manor Twnhms
$299,999 $253 2 bd / 2 ba 1,188 sqft , 2026-07-09
935 La Posada Dr #145
Flats/935 Condos Bldg 4
$300,000 $291 3 bd / 2 ba 1,030 sqft , 2026-02-03
7122 Wood Hollow Dr #47
Edgecliff NW Condo Amd
$300,000 $259 2 bd / 2 ba 1,158 sqft , 2026-02-12

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
$1,440/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
$60,000
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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

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