Active Listing  ·  72 days on market

6303 Cannes Cir

Austin, TX 78745
$760,000
3 Bed 2 Bath 1,854 sqft $410/sqft Built 1977 0.26 acres 2-Car Garage Pool Cherry Creek Ph 06 Sec 02 Amd

**improvements completed in 2026 include new windows throughout (2026), new water heater (2026), new furnace (2026), upgraded electrical panel (2026), all-new electrical wiring throughout the home (2026), raised ceilings to approximately 10 feet in the living area (2026), new landscaping and turf (2026), new fence and gate (2026), and refreshed pool deck coating (2026).

Fully renovated with a thoughtful approach to both design and function, 6303 Cannes Cir feels polished, cohesive and ready to move into. The home offers three bedrooms, two bathrooms, a dedicated office and generous living spaces, with a renovated kitchen and updated finishes throughout.

The backyard extends the living space with a pool and separate pool house with a full bathroom, creating a comfortable setup for entertaining, guests or everyday use.

The renovation brings together meaningful system updates and a clean, elevated finish, giving buyers a home that feels complete rather than simply remodeled.

At $410/sqft, this home is priced 5% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

6303 Cannes Cir, Austin, TX 78745

Property Details

Price $760,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,854 sqft
Lot Size 0.26 acres (11,282.04 sqft)
Year Built 1977
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cherry Creek Ph 06 Sec 02 Amd
County Travis
Zip Code 78745
$/sqft $410/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,206.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241495955
List Date July 28, 2026
Elementary School Cunningham
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.

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 28, 2026 $830,000
Previous ask $775,000
Current ask $760,000
▼ Reduced $70,000 (-8.4%) 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
2713 Inridge Dr
Cherry Creek Ph 07 Sec 01 Amd
$765,000 $396 3 bd / 2 ba 1,930 sqft , 2026-08-28
3301 Western Dr
Western Hills At Cherry Creek
$725,000 $440 3 bd / 2 ba 1,646 sqft , 2026-10-01
6806 Rearden Rd
Western Hills At Cherry Creek
$695,000 $459 3 bd / 2 ba 1,514 sqft , 2026-09-28
6712 Blarwood Dr
Forest Blarwood
$674,000 $311 3 bd / 3 ba 2,170 sqft , 2026-08-27
4903 Tahoe Trl
Western Trails Sec 08
$665,000 $439 3 bd / 2 ba 1,516 sqft , 2026-07-16

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
$3,648/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
$152,000
20% conventional investment loan

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

Estimated Gross Rent+$3,648
Principal + Interest−$4,148
Property Tax (~2.1% TX avg)−$1,330
Insurance (~0.5%)−$317
Est. Monthly Cash Flow $-2,147

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 October 4, 2026.

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