Active Listing  ·  125 days on market

6703 Danwood Dr

Austin, TX 78759
$650,000
3 Bed 2 Bath 1,842 sqft $353/sqft Built 1978 0.21 acres 2-Car Garage Pool Oak Forest Sec 02

Welcome to this beautifully reimagined home in the desirable Oak Forest neighborhood, zoned to top-rated Round Rock ISD schools. Thoughtfully renovated in 2021, this light-filled residence blends modern design with timeless finishes throughout.

Step inside to an open-concept layout featuring wide-plank wood-look tile, soaring ceilings with skylights, and a stunning designer kitchen complete with Bertoli quartz countertops, a porcelain Kraus farmhouse sink, and stylish cabinetry. The spacious living area is anchored by a charming fireplace with a reclaimed wood mantle and custom floating shelves, creating a warm yet sophisticated focal point.

Enjoy peace of mind with a new AC system installed in 2025, along with the comfort of a fully updated interior. The backyard offers a true retreat—park-like in setting with mature trees and backing to a serene creek, perfect for relaxing or entertaining.

Ideally located just 12 miles from Downtown Austin and only 3 miles to The Arboretum, this home offers the perfect balance of tranquility and convenience.

At $353/sqft, this home is 9% 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

6703 Danwood Dr, Austin, TX 78759

Property Details

Price $650,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,842 sqft
Lot Size 0.21 acres (9,064.84 sqft)
Year Built 1978
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Oak Forest Sec 02
County Travis
Zip Code 78759
$/sqft $353/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,621
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225865242
List Date April 12, 2026
Elementary School Caraway
Middle School Canyon Vista
High School Westwood
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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · April 12, 2026 $735,000
Previous ask $670,000
Current ask $650,000
Reduced $85,000 (-11.6%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
6713 Colina Ln
Oak Forest Sec 04 Amd
$625,000 $386 3 bd / 2 ba 1,620 sqft , 2026-06-27
11102 Aerie Cv
Highlands At Oak Forest
$689,000 $293 4 bd / 3 ba 2,348 sqft , 2026-04-27
11806 Arabian Trl
Highland Oaks
$600,000 $354 3 bd / 2 ba 1,694 sqft , 2026-08-01
11813 Knights Brg
Barrington Oaks Sec 01
$724,999 $373 3 bd / 2 ba 1,944 sqft , 2026-05-23
5810 Secrest Dr
Raintree Estates
$549,999 $252 3 bd / 2 ba 2,183 sqft , 2026-04-17

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
$3,120/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
$130,000
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (~2.1% TX avg)−$1,138
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,836

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 6, 2026.

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