Active Listing  ·  7 days on market

6706 Carisbrooke Ln

Austin, TX 78754
$319,000
4 Bed 3 Bath 1,924 sqft $166/sqft Built 1993 0.20 acres 2-Car Garage Pool Harris Branch Ph 01-A Sec 03

Welcome to this two-story single-family home featuring fresh paint and matching luxury vinyl flooring throughout the whole property on both levels. The main level offers a formal dining area at the front of the home, leading down the hallway to an open-concept living and kitchen area. The kitchen features stainless steel appliances, a breakfast bar, and ample cabinet storage. A half bath and a laundry closet with washer and dryer hookups are also located on the first floor.

On the second floor, all bedrooms feature ceiling fans. The second-floor secondary bathroom includes a tub and shower combination with a single-sink vanity. The primary bedroom offers an en-suite bathroom with a double-sink vanity, walk-in shower, and soaking tub.

The backyard features a wood privacy fence, covered patio for outdoor furniture, and a grass area, providing additional outdoor space.

At $166/sqft, this home is 58% 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

6706 Carisbrooke Ln, Austin, TX 78754

Property Details

Price $319,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 1,924 sqft
Lot Size 0.20 acres (8,550.83 sqft)
Year Built 1993
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Harris Branch Ph 01-A Sec 03
County Travis
Zip Code 78754
$/sqft $166/sqft
Days on Market ,
HOA $500/Annually
Annual Tax Est. $6,956.94
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248194444
List Date October 1, 2026
Elementary School Bluebonnet Trail
Middle School Decker
High School Manor
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
6502 Bramber Ln
Harris Branch Ph 01-A Sec 03
$319,000 $201 3 bd / 2 ba 1,590 sqft , 2026-08-31
11221 Kirkland Hill Path
Thornbury Ii Sec 4
$315,000 $235 3 bd / 2 ba 1,342 sqft , 2026-04-10
5905 Adair Dr
Stirling Bridge Sec 03
$315,000 $125 3 bd / 3 ba 2,515 sqft , 2026-06-01
11313 Barns Trl
Thornbury Sec 01
$315,000 $235 4 bd / 2 ba 1,342 sqft , 2026-07-09
10924 Roderick Lawson Ln
Thornbury II Sec 2
$324,900 $182 3 bd / 3 ba 1,788 sqft , 2026-09-17

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
$1,531/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
$63,800
20% conventional investment loan

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

Estimated Gross Rent+$1,531
Principal + Interest−$1,741
Property Tax (~2.1% TX avg)−$558
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-901

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 October 4, 2026.

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