Active Listing  ·  45 days on market

6400 Craigwood Cir

Austin, TX 78725
$389,000
3 Bed 2 Bath 1,547 sqft $251/sqft Built 1970 0.22 acres 2-Car Garage Pool Craigwood Sec 01

Discover a tranquil retreat nestled in a desirable Austin neighborhood, offering a perfect blend of comfort and convenience. This charming residence provides an exceptional opportunity to embrace a relaxed lifestyle within a vibrant community. The home’s single-story design ensures effortless living, catering to a variety of needs with its thoughtfully arranged spaces. Experience the ease of access to local amenities and enjoy the serene surroundings that define this inviting area. With ample living space, this property is poised to become a cherished sanctuary for its new occupants, providing both privacy and connectivity. The neighborhood itself offers a friendly atmosphere, ideal for those seeking a balance between peaceful residential living and urban accessibility. This home presents a unique chance to secure a well-located property in a dynamic part of Austin, making it an excellent choice for anyone looking to settle into a welcoming environment. The generously sized lot provides abundant outdoor potential, creating a personal haven for relaxation or recreation. Embrace the opportunity to create lasting memories in a home designed for comfortable living and everyday enjoyment.

At $251/sqft, this home is 36% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

6400 Craigwood Cir, Austin, TX 78725

Property Details

Price $389,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,547 sqft
Lot Size 0.22 acres (9,748.73 sqft)
Year Built 1970
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Craigwood Sec 01
County Travis
Zip Code 78725
$/sqft $251/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,955.06
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238149723
List Date July 8, 2026
Elementary School Norman-Sims
Middle School Martin
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.

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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
6001 Perlita None
Meadows at Trinity Crossing
$389,000 $248 3 bd / 3 ba 1,569 sqft , 2026-07-21
4913 Single Shot #B Cir
Fort View Hills Sec 01
$389,900 $321 2 bd / 3 ba 1,215 sqft , 2026-01-14
5405 Rusk Ct
Senate Hills Sec 01
$389,900 $319 3 bd / 2 ba 1,224 sqft , 2026-06-18
4906 Eastdale Dr E
Springdale Hills
$390,000 $273 3 bd / 2 ba 1,430 sqft , 2026-06-26
4508 Craigwood Dr
Craigwood
$395,000 $283 3 bd / 2 ba 1,394 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
$1,867/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
$77,800
20% conventional investment loan

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

Estimated Gross Rent+$1,867
Principal + Interest−$2,123
Property Tax (~2.1% TX avg)−$681
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,099

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 July 9, 2026.

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