Active Listing  ·  144 days on market

6602 Mesa Hollow Dr

Austin, TX 78750
$558,000
2 Bed 3 Bath 1,519 sqft $367/sqft Built 1986 0.08 acres 2-Car Garage Pool Lakewood Sec 04 Amd

Beautifully updated and filled with natural light, this stunning townhome offers a perfect blend of comfort, style and modern upgrades. The recently renovated chef's kitchen is theheart of the home featuring top of the line stainless appliances, custom cabinetry, elegant quartzite countertops, upgraded lighting and a stylish bar area for entertaining. The open dining and living spaces flow seamlessly and overlook the professionally landscaped backyard oasis. The living room is enhanced by floor to ceiling custom draperies, a cozy fireplace. The home offers two owner's suites, each with walk in closets, private baths featuring dual sinks and beautifully updated counters. each bathroom has been refreshed for a clean, modern feel.

This thoughtfully updated, light-filled home is truly not to be missed!

At $367/sqft, this home is 6% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

6602 Mesa Hollow Dr, Austin, TX 78750

Property Details

Price $558,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,519 sqft
Lot Size 0.08 acres (3,484.8 sqft)
Year Built 1986
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Lakewood Sec 04 Amd
County Travis
Zip Code 78750
$/sqft $367/sqft
Days on Market ,
HOA $743/Annually
Annual Tax Est. $9,322.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221764576
List Date March 13, 2026
Elementary School Hill
Middle School Murchison
High School Anderson
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
5505 Duval St #B
North Loop
$559,000 $527 2 bd / 2 ba 1,061 sqft , 2026-04-16
4917 Sunset Trl #A
Sunset Trail Condos Ph 2
$559,000 $312 3 bd / 3 ba 1,792 sqft , 2026-03-25
4514 Highland Ter
Highland Park
$559,000 $364 3 bd / 1 ba 1,536 sqft , 2026-05-01
3211 Holton St #3211B
Villas At Holton Woods
$559,000 $383 3 bd / 3 ba 1,461 sqft , 2026-06-19
2205 Monarch Dr
Castlewood Forest Sec 05
$559,000 $315 3 bd / 2 ba 1,772 sqft , 2026-07-09

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
$2,678/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
$111,600
20% conventional investment loan

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

Estimated Gross Rent+$2,678
Principal + Interest−$3,045
Property Tax (~2.1% TX avg)−$977
Insurance (~0.5%)−$233
Est. Monthly Cash Flow $-1,577

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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