Active Listing  ·  21 days on market

6101 London Dr

Austin, TX 78745
$499,000
3 Bed 2 Bath 1,374 sqft $363/sqft Built 1976 0.15 acres 2-Car Garage Pool Cherry Creek Ph 06 Sec 02 Amd

Say “cheerio!” to 6101 London Drive, a remodeled ranch in South Austin's sought-after Cherry Creek neighborhood. Don’t miss this opportunity to find a move-in ready, fully upgraded Austin charmer under $500,000! Literally all systems have been upgraded or replaced within the last 10 years, including electrical, plumbing, foundation, roof, water heater, HVAC, and much of the interior! (See upgrades list) This single-story, 1,374-square-foot home offers an open concept with tons of natural light and sleek flooring (no carpet!) throughout. The living area centers around a beautiful brick fireplace and flows effortlessly into the kitchen and dining areas. Speaking of kitchens, this space is perfect for the at-home chef, complete with quartz countertops, stainless steel Bosch appliances, custom cabinetry with soft-close drawers, herringbone backsplash, and sleek modern vent hood. Boasting a mother-in-law layout, the primary suite - located on the opposite side of the home - allows for ultimate privacy. The primary includes a spacious and boasts an expansive walk-in closet. The en-suite bathroom offers a spa-like experience with designer finishes. The two additional bedrooms are also spacious, with larger closets and an upgraded full bathroom to accompany. Outside features include new landscaping and an expansive back deck overlooking a private, fully fenced backyard shaded by mature trees, great for outdoor entertaining or relaxing. Nestled in the heart of South Austin’s popular 78745 zip code, this home offers prime convenience just 5 miles from downtown and 12 miles to Austin-Bergstrom airport. Outdoor enthusiasts will love proximity to Garrison Park and Stephenson Nature Preserve. Shop at nearby Central Market or H-E-B or grab some of the best tacos in the city at Radio Coffee. Plus, you’re just a four minutes away from Sunset Valley shopping, which includes Home Goods, 2nd Street, Home Depot, and Nordstrom Rack!

At $363/sqft, this home is 8% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

6101 London Dr, Austin, TX 78745

Property Details

Price $499,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,374 sqft
Lot Size 0.15 acres (6,486.08 sqft)
Year Built 1976
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cherry Creek Ph 06 Sec 02 Amd
County Travis
Zip Code 78745
$/sqft $363/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243105611
List Date September 2, 2026
Elementary School Sunset Valley
Middle School Covington
High School Crockett
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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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
2609 Berkett Dr
Village Sec 02
$499,000 $401 3 bd / 2 ba 1,243 sqft , 2026-08-05
2404 INDEPENDENCE Dr
Independence Park Condo Amd
$499,900 $281 4 bd / 2 ba 1,781 sqft , 2026-08-18
2329 Amur Dr
Independence Park Condo Amd
$475,000 $332 3 bd / 2 ba 1,431 sqft , 2026-03-26
1905 Bissel Ln
Matthews Place
$475,000 $305 3 bd / 2 ba 1,555 sqft , 2026-06-06
7004 Twisted Oaks Dr
Whispering Oaks 01
$475,000 $382 3 bd / 2 ba 1,245 sqft , 2026-07-29

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
$2,395/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
$99,800
20% conventional investment loan

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

Estimated Gross Rent+$2,395
Principal + Interest−$2,723
Property Tax (~2.1% TX avg)−$873
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,409

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 22, 2026.

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