Active Listing  ·  78 days on market

6308 Nasco Dr

Austin, TX 78757
$950,000
3 Bed 2 Bath 1,498 sqft $634/sqft Built 1953 0.25 acres Pool Allandale

Picture-Perfect Allandale Home! One of Central Austin’s most beloved neighborhoods where tree-lined streets, large lots, and everyday convenience come together. This beautifully updated home blends classic Austin charm with smart, attractive, modern improvements. Thoughtfully renovated, meticulously maintained, and filled with natural light. The open concept layout seamlessly connects the kitchen, dining space and outdoor deck that overlooks the spacious backyard, all under the vast, shady canopy of a beautiful oak tree. Location is one more powerful attribute of this home. All the character and charm of Allandale along with the ease of being minutes from Austin’s best dining, shopping and entertainment options. Conveniently located just minutes from MoPac, and a short commute to both downtown and the Domain. The property is zoned to excellent, highly desired schools, including Gullett Elementary, Lamar Middle School and McCallum Fine Arts Academy High School. Walking distance to the thriving Burnet Road corridor for quick access to some of Austin's favorite local restaurants, coffee shops, and legendary neighborhood staples.

At $634/sqft, this home is priced 62% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

6308 Nasco Dr, Austin, TX 78757

Property Details

Price $950,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,498 sqft
Lot Size 0.25 acres (10,855.15 sqft)
Year Built 1953
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Allandale
County Travis
Zip Code 78757
$/sqft $634/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,271
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230532061
List Date May 18, 2026
Elementary School Gullett
Middle School Lamar (Austin ISD)
High School McCallum
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
708 W Elizabeth St
South Heights
$950,000 $568 3 bd / 2 ba 1,674 sqft , 2026-04-29
48 East Ave #2611
Natiivo
$950,000 $917 2 bd / 2 ba 1,036 sqft , 2026-05-19
48 East Ave #2911
Natiivo
$949,900 $917 2 bd / 2 ba 1,036 sqft , 2026-05-07
2323 S Lamar Blvd #206
Precision Add
$959,000 $732 2 bd / 2 ba 1,310 sqft , 2026-05-08
2921 Lyons Rd #1
Chernosky 14
$940,000 $502 3 bd / 3 ba 1,871 sqft , 2026-03-13

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
$4,560/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
$190,000
20% conventional investment loan

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

Estimated Gross Rent+$4,560
Principal + Interest−$5,185
Property Tax (~2.1% TX avg)−$1,663
Insurance (~0.5%)−$396
Est. Monthly Cash Flow $-2,684

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 →

Neighborhood Context

About Allandale

Allandale is North Central Austin's original family neighborhood - platted in the 1950s and shaped by decades of homeowners who chose it for its tree-lined streets, strong schools, and community identity. Bounded roughly by 45th Street to the south, Koenig Lane to the north, MoPac to the west, and Burnet Road to the east, it occupies one of Austin's most convenient locations.

The housing stock is predominantly 1950s to 60s brick ranch homes - modest footprints on generous lots, many with mature live oaks that took 60 years to grow. Renovated Allandale homes command significant premiums, while original-condition homes represent some of the last attainable entry points in North Central Austin. New custom construction is an increasing presence as teardown economics make sense at these lot values.

🍽️
Burnet Road Corridor

Allandale's eastern edge is lined with some of Austin's best independent restaurants, coffee shops, and bars. Uchi, Violet Crown Cinema, Foreign & Domestic, Epoch Coffee - all within walking distance of many Allandale addresses.

🌳
Mature Tree Canopy

Sixty years of live oak growth creates a canopy that makes Allandale feel noticeably cooler and quieter than newer Austin neighborhoods. The trees are a defining asset - and an Austin Heritage Tree protection means they're here to stay.

🏫
McCallum High School

McCallum is one of Austin ISD's most respected high schools - known for its Fine Arts Academy (one of the top performing arts magnet programs in Texas) and strong academics. It's a major draw for families with high school-age children.

🚶
Walkable Errands

Allandale residents walk to coffee, restaurants, a hardware store, and neighborhood shops on a regular basis. It's not a walk-everywhere neighborhood, but the Burnet Road corridor makes daily errands genuinely walkable from the eastern half of the neighborhood.

Full Allandale Guide →

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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