Active Listing  ·  29 days on market

6516 Alum Rock Cv

Austin, TX 78747
$295,000
3 Bed 3 Bath 1,788 sqft $165/sqft Built 2013 0.11 acres 2-Car Garage Pool Sheldon 230 Sec 02 Ph 01

Charming newly painted two story located in a private cul-de-sac in McKinney Heights. One block from Grand Meadow Park with new pathways and gazebo under construction. Many outdoor options, just minutes to Onion Creek Metro Park hike and bike trails. This home offers an outstanding floorplan with bamboo flooring and no carpet throughout. The kitchen with decorative tile is open to the living area with ample space to cook & to entertain. 3 oversized bedrooms all upstairs. A large backyard allows plenty of room for pets & to play. This is an excellent living space close to downtown with convenient neighborhood options & many nearby amenities.

At $165/sqft, this home is 58% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

6516 Alum Rock Cv, Austin, TX 78747

Property Details

Price $295,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,788 sqft
Lot Size 0.11 acres (4,974.55 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sheldon 230 Sec 02 Ph 01
County Travis
Zip Code 78747
$/sqft $165/sqft
Days on Market ,
HOA $300/Annually
Annual Tax Est. $6,638.35
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226998251
List Date July 16, 2026
Elementary School Blazier
Middle School Paredes
High School Akins
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
6829 Walkup Ln
McKinney Park East Sec 03 Rep
$294,995 $165 3 bd / 3 ba 1,788 sqft , 2026-06-06
8813 Wiley Way
Sheldon 230 Sec 02 Ph 02
$298,000 $142 3 bd / 3 ba 2,101 sqft , 2026-06-02
6800 Baythorne Dr
Sheldon 230
$300,000 $145 3 bd / 3 ba 2,068 sqft , 2026-04-29
6813 Doyal Dr
McKinney Park East Sec 02
$300,000 $180 3 bd / 3 ba 1,665 sqft , 2026-07-09
8824 Stambourne St
Sheldon 230 Sec 02 Ph 04
$289,000 $220 3 bd / 2 ba 1,314 sqft , 2026-04-13

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
$1,416/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
$59,000
20% conventional investment loan

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

Estimated Gross Rent+$1,416
Principal + Interest−$1,610
Property Tax (~2.1% TX avg)−$516
Insurance (~0.5%)−$123
Est. Monthly Cash Flow $-833

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 August 12, 2026.

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