Active Listing  ·  74 days on market

6717 Alleyton Dr

Austin, TX 78725
$549,999
3 Bed 3 Bath 2,071 sqft $266/sqft Built 2016 0.13 acres 2-Car Garage Pool Knollwood On The Colorado River

Enjoy exclusive access to a private 12-acre Colorado River park with walking trails, picnic areas, Adirondack chairs overlooking the water, tree swings, and canoe/kayak launch access—all just 5 miles from Downtown Austin and 10 minutes from ABIA. Featuring over $59,000 in owner improvements, this refreshed home backs to a peaceful green space with no homes behind, offering privacy and tranquility. Recent updates include fresh interior paint throughout, a 2023 roof, a brand-new 15-SEER RUUD air-conditioning system with a new indoor coil and outdoor condenser, and a microwave.

Located in the tight-knit community of Knollwood on the Colorado, this thoughtfully designed two-story home offers 3 bedrooms, 2.5 bathrooms, and 2,071 square feet, with an open-concept layout that creates an inviting setting for everyday living and entertaining.

Upstairs, the spacious primary suite offers a peaceful retreat, complete with a charming window seat—perfect for curling up with a good book or enjoying backyard views. The suite also features a spacious walk-in closet and an oversized walk-in shower. Two spacious secondary bedrooms and a versatile loft offer endless flexibility as a home office, playroom, fitness area, or additional living space. Step onto the private upper-level deck to enjoy your morning coffee or unwind while taking in beautiful Texas sunsets.

Step outside to a backyard backing to a peaceful nature with a covered patio perfect for entertaining and relaxing, plus plenty of room for children and furry friends to play. Residents also enjoy neighborhood events in the park across the street and easy access to Walnut Creek Trail, Govalle Park, the Austin Tennis Center, YMCA, and the restaurants, breweries, and coffee shops of East and Downtown Austin.

Move-in ready with exceptional updates, privacy, exclusive Colorado River park access, a welcoming community atmosphere, and an unbeatable location.

At $266/sqft, this home is 32% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

6717 Alleyton Dr, Austin, TX 78725

Property Details

Price $549,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,071 sqft
Lot Size 0.13 acres (5,749.92 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Knollwood On The Colorado River
County Travis
Zip Code 78725
$/sqft $266/sqft
Days on Market ,
HOA $270/Annually
Annual Tax Est. $10,116
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235442840
List Date July 10, 2026
Elementary School Ortega
Middle School Martin
High School Eastside Early College
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 · July 10, 2026 $569,000
Previous ask $568,000
Current ask $549,999
Reduced $19,001 (-3.3%) 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
5912 Harold Ct #107
Kimbrough & Lisa Gray Add (Townhouse/Common)
$549,610 $304 3 bd / 4 ba 1,806 sqft , 2026-06-05
1141 Berger St #A
1141 Berger Condos
$539,500 $328 4 bd / 2 ba 1,644 sqft , 2026-03-20
1114 Richardine Ave
Brooksdale
$575,000 $343 3 bd / 2 ba 1,677 sqft , 2026-03-07
5912 Harold Ct #106
Vistas/Harold Condos
$492,450 $335 2 bd / 3 ba 1,470 sqft , 2026-06-05
2404 Spanish Camp Cv
Knollwood On The Colorado River
$460,000 $304 3 bd / 2 ba 1,513 sqft , 2026-05-15

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$962
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,553

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 September 22, 2026.

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