Active Listing  ·  73 days on market

6024 Elfen Way

Austin, TX 78724
$264,999
3 Bed 2 Bath 1,203 sqft $220/sqft Built 2008 0.12 acres 2-Car Garage Pool Woodlands Sec 03 The

Seller offering a 2-1 interest rate buydown with an acceptable offer! 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 $220/sqft, this home is 44% below the Austin active market average of $392/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 $264,999
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 $220/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 →

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 · July 27, 2026 $299,999
Previous ask $269,999
Current ask $264,999
▼ Reduced $35,000 (-11.7%) 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
5713 Berryline Way
Woodlands Sec 04 The
$269,500 $201 3 bd / 2 ba 1,341 sqft , 2026-10-01
9005 Elfen Cv
Woodlands
$259,000 $193 3 bd / 2 ba 1,341 sqft , 2026-07-17
7004 E Meadow Bend Dr
Colony Park Hills Ia
$324,999 $203 4 bd / 2 ba 1,599 sqft , 2026-01-02
6113 Perlita Dr
Meadows At Trinity Crossing Ph
$354,000 $238 4 bd / 3 ba 1,486 sqft , 2026-09-16

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
$1,272/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
$53,000
20% conventional investment loan

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

Estimated Gross Rent+$1,272
Principal + Interest−$1,446
Property Tax (~2.1% TX avg)−$464
Insurance (~0.5%)−$110
Est. Monthly Cash Flow $-748

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 30, 2026.

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