About This Home

Move-in ready! Fully remodeled one-story 3 bedroom 2 full bathroom home. No HOA!

At $287/sqft, this home is 27% 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

6300 Merriwood Dr, Austin, TX 78745

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Property Details

Price $425,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,481 sqft

Lot Size 0.18 acres (7,697.05 sqft)

Year Built 1975

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Flournoys Sweetbriar Sec 11

County Travis

Zip Code 78745

$/sqft $287/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $8,437.1

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT214950821

List Date December 28, 2025

Elementary School Pleasant Hill

Middle School Bedichek

High School Crockett

School District ,

Have Questions About This Property?

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

641 W 31st 1/2 St
Kings Row Condo $425,000 $422 2 bd / 2 ba 1,008 sqft , 2026-03-20

11604 Tedford St
Eubank Acres Sec 01 $425,000 $249 3 bd / 1 ba 1,704 sqft , 2026-04-25

3022 Sea Jay Dr
Enclave At Westgate $425,000 $248 3 bd / 3 ba 1,714 sqft , 2026-04-24

8914 Sparkling Creek Dr
Springwoods Sec 01 $425,000 $263 3 bd / 2 ba 1,616 sqft , 2026-05-10

13501 Metric Blvd #15
Scofield Farms Mdws Condo $425,000 $252 2 bd / 3 ba 1,689 sqft , 2026-05-05

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

$2,040/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

$85,000

20% conventional investment loan

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

Estimated Gross Rent+$2,040

Principal + Interest−$2,319

Property Tax (~2.1% TX avg)−$744

Insurance (~0.5%)−$177

Est. Monthly Cash Flow $-1,200

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

6300 Merriwood Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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