Active Listing  ·  39 days on market

606 Linares Ln

Austin, TX 78748
$434,000
4 Bed 3 Bath 2,070 sqft $210/sqft Built 2018 0.29 acres 2-Car Garage Pool Enclave At Estancia Condominiu

This beautifully maintained, freestanding single family residence is move in ready. You can experience low-maintenance living in the Enclave at Estancia, a premier gated community in South Austin. This neighborhood provides manicured grounds, and a sense of privacy rarely found so close to downtown Austin. Residents will enjoy a beautiful community with access to Downtown Austin, major employers, and high-end shopping. The property features a 4-bedroom, 3-bathroom layout balancing elegance with functionality. This includes arched doorways and custom niches, which make the property unique.. The open floor plan is accented with sunlight from rear-facing windows, with views of the private backyard. The kitchen area is open to the main living areas and has quartz countertops, a center island, stainless steel appliances, and a walk-in pantry. It flows effortlessly into the spacious dining and family rooms, creating an ideal environment for entertaining. The primary bedroom features high ceilings, a dual-vanity bath, a walk-in shower, and a generous walk-in closet. Significant recent updates include a new gas stove installed in 2025 and a full interior repaint in 2022. The property also includes a new ADT security system, updated thermostat, new ceiling fans, and and updated kitchen hardware. The outdoor space features a covered patio overlooking a level backyard. Life in Estancia includes access to resort-style amenities such as a sparkling community pool and picnic pavilions. The HOA fees are used to manage the neighborhood, security gate , community pool and common landscape maintenance.

At $210/sqft, this home is 46% 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

606 Linares Ln, Austin, TX 78748

Property Details

Price $434,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,070 sqft
Lot Size 0.29 acres (12,558.35 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Enclave At Estancia Condominiu
County Travis
Zip Code 78748
$/sqft $210/sqft
Days on Market ,
HOA $140/Monthly
Annual Tax Est. $6,614.62
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239636522
List Date July 16, 2026
Elementary School Menchaca
Middle School Paredes
High School Akins
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.

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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 · July 16, 2026 $444,900
Current ask $434,000
Reduced $10,900 (-2.4%) 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
12605 Iron Bridge Dr
Bear Creek Crossing
$434,900 $172 4 bd / 3 ba 2,522 sqft , 2026-02-09
4616 Lava Island Dr
Cascades at Onion Creek
$434,990 $171 5 bd / 3 ba 2,543 sqft , 2026-08-20
602 Allende Bnd
ENCLAVE AT ESTANCIA CONDOMINIUMS
$440,000 $166 4 bd / 4 ba 2,656 sqft , 2026-07-07
13215 Stabler Dr
Estancia West
$423,990 $174 4 bd / 3 ba 2,441 sqft , 2026-06-09
13209 Keefer Dr
Estancia West
$421,990 $187 3 bd / 3 ba 2,251 sqft , 2026-08-12

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
$2,083/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
$86,800
20% conventional investment loan

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

Estimated Gross Rent+$2,083
Principal + Interest−$2,369
Property Tax (~2.1% TX avg)−$760
Insurance (~0.5%)−$181
Est. Monthly Cash Flow $-1,227

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 August 24, 2026.

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