Active Listing  ·  133 days on market

6205 Hylawn Dr

Austin, TX 78723
$525,000
4 Bed 3 Bath 1,984 sqft $265/sqft Built 1975 0.19 acres 2-Car Garage Pool Cherrylawn Sec 5

Perched on a gentle hill and surrounded by mature trees, this thoughtfully updated 4-bedroom, 2.5-bath home offers a bright, inviting layout designed for both everyday living and entertaining. Natural light fills the interior, highlighting the wood-like flooring on the main level and the open flow between the kitchen, dining, and living spaces.

The updated kitchen features crisp white cabinetry, stainless steel appliances, a gas range with vent hood, and a spacious breakfast bar with seating—perfect for gathering. The adjacent dining area overlooks the treed surroundings, creating a warm and welcoming setting. The main-level primary suite includes a fully renovated bathroom (2024) with modern finishes and a sleek walk-in shower.

Upstairs, you’ll find additional bedrooms, a full bath, and a conveniently located laundry closet. A custom first-floor hallway remodel (2025) adds both style and functionality, featuring built-in cabinetry and shelving, enhanced by refined picture frame molding and custom millwork detailing.

Outdoor living is equally appealing, with a covered back patio/deck that provides a private setting for relaxing or entertaining, all on a .19-acre lot. The detached two-car garage offers additional flexibility and storage.

Recent updates include a high-efficiency furnace and water heater (2024), along with consistent professional maintenance of HVAC, landscaping, and pest control. Ideally located with convenient access to major roadways, shopping, dining, and local amenities, this home combines comfort, functionality, and a peaceful setting within the city.

At $265/sqft, this home is 32% 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

6205 Hylawn Dr, Austin, TX 78723

Property Details

Price $525,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,984 sqft
Lot Size 0.19 acres (8,328.67 sqft)
Year Built 1975
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cherrylawn Sec 5
County Travis
Zip Code 78723
$/sqft $265/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,933.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223515667
List Date March 24, 2026
Elementary School Pecan Springs
Middle School Bertha Sadler Means
High School Lyndon B Johnson (Austin ISD)
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
2408 Chambray Ct #38
Gabardine Condominiums
$525,000 $205 4 bd / 3 ba 2,556 sqft , 2026-03-20
8208 Stillwood Ln
Northtowne Sec 01
$525,000 $383 3 bd / 2 ba 1,372 sqft , 2026-02-28
12710 Poquoson Dr
Northwood 03
$525,000 $318 3 bd / 2 ba 1,651 sqft , 2026-04-23
7920 Mullen Dr #5
Wooten Park Square Sec 02
$525,000 $344 3 bd / 3 ba 1,525 sqft , 2026-05-01
8604 Cottage Rose Dr
Addison
$525,000 $245 4 bd / 4 ba 2,140 sqft , 2026-05-07

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
$2,520/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
$105,000
20% conventional investment loan

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

Estimated Gross Rent+$2,520
Principal + Interest−$2,865
Property Tax (~2.1% TX avg)−$919
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,483

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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