Active Listing  ·  11 days on market

6401 Menchaca Rd

Austin, TX 78745
$1,150,000
3 Bed 2 Bath 1,584 sqft $726/sqft Built 1955 0.50 acres 2-Car Garage Pool Manchaca Estates

Rare transitional 0.5 acre land opportunity at a signalized hard corner in the heart of South Austin. Located at Menchaca Road and Berkeley Avenue, the property offers excellent visibility and access along a major north-south corridor. The 2025 two-way annual average daily traffic count on Menchaca Road just south of Stassney Lane was 23,333 vehicles.

The property is surrounded by commercial and institutional uses, including United Heritage Credit Union across Menchaca Road, Articulture to the south, and JM Engravers and Headwaters School directly to the north. CapMetro bus stops are located approximately 210 feet from the property, including a stop directly across Menchaca Road to the north. Route 3 serves the immediate intersection, with additional nearby connections to additional routes.

Currently zoned SF-3, the property is located within the South Austin Combined Neighborhood Plan and designated as a “Neighborhood Node.” The plan describes Neighborhood Nodes as walkable destinations intended to accommodate neighborhood-serving businesses, restaurants, shops, offices and multifamily housing. Commercial or mixed-use redevelopment may therefore be possible, subject to rezoning and all required City of Austin approvals. Buyers should independently verify zoning, permitted uses, development standards, utilities and redevelopment feasibility.

Strategically positioned between Stassney Lane and William Cannon Drive, the property is approximately 1.8 miles from Ben White Boulevard/US 290, providing convenient access to major employment, retail and residential areas throughout Austin.

Existing improvements include a 1831 sf single-family residence, detached 611 sf two-car garage, 641 sf separate workshop, two storage buildings and an additional shed, offering flexibility for continued residential use, owner occupancy, investment or longer-term redevelopment. Additional adjacent land may also be available. Contact the listing agent for details.

At $726/sqft, this home is priced 86% 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

6401 Menchaca Rd, Austin, TX 78745

Property Details

Price $1,150,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,584 sqft
Lot Size 0.50 acres (21,858.41 sqft)
Year Built 1955
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Manchaca Estates
County Travis
Zip Code 78745
$/sqft $726/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,383.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240772025
List Date July 24, 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 →

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
2104 E 2nd St #1
2104 EAST 2ND STREET CONDOMINIUMS
$1,150,000 $551 4 bd / 4 ba 2,089 sqft , 2025-08-04
2717 Trail Of The Madrones None
Canyon View Estates
$1,150,000 $694 3 bd / 2 ba 1,658 sqft , 2026-03-09
1808 Holly St
Popes Resub
$1,150,737 $567 4 bd / 3 ba 2,028 sqft , 2026-08-01
1325 Bonham Ter #A
Travis Heights
$1,149,000 $571 3 bd / 3 ba 2,012 sqft , 2026-03-10
2211 Santa Rosa St
Buena Vista
$1,149,000 $567 4 bd / 3 ba 2,027 sqft , 2025-11-12

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
$5,520/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
$230,000
20% conventional investment loan

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

Estimated Gross Rent+$5,520
Principal + Interest−$6,276
Property Tax (~2.1% TX avg)−$2,013
Insurance (~0.5%)−$479
Est. Monthly Cash Flow $-3,248

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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