About This Home

Immaculate 2022 Sweetwater home with 5 bedrooms, dedicated office, game room, and a rare 3-car garage with epoxy floors . all on one of the community's best flat lots. Hardwood floors flow through the entire main level, anchoring a bright open kitchen with quartz counters, gas cooktop, and oversized island. Main-floor primary suite plus two secondary bedrooms down, with two additional bedrooms and a generous game room up. Covered patio opens to a flat, fully usable backyard rare in Sweetwater's Hill Country terrain. Resort-style community amenities, 700+ acres of trails, and Lake Travis ISD. $725,000.

At $232/sqft, this home is 41% 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

6721 Empresa Dr, Austin, TX 78738

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Property Details

Price $725,000

Status Active Listing

Beds 5

Full Baths 3

Half Baths 1

Living Area 3,124 sqft

Lot Size 0.20 acres (8,664.08 sqft)

Year Built 2022

Garage 3 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Sweetwater Ranch Sec 1 Village L P

County Travis

Zip Code 78738

$/sqft $232/sqft

Days on Market ,

HOA $260/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT227733383

List Date May 2, 2026

Elementary School Rough Hollow

Middle School Lake Travis

High School Lake Travis

School District ,

Have Questions About This Property?

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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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 · May 2, 2026 $799,000

Previous ask $760,000

Current ask $725,000

▼ Reduced $74,000 (-9.3%) 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

8110 Ranch Road 2222 Rd #33
The Hillside $725,000 $340 4 bd / 4 ba 2,133 sqft , 2026-04-23

7000 Colberg Ct
Circle C Ranch Ph A Sec 06 $725,000 $264 4 bd / 3 ba 2,743 sqft , 2026-06-27

8620 Alophia Dr
Meridian Sec C Ph 03 $725,000 $287 4 bd / 3 ba 2,528 sqft , 2026-07-02

6213 Hilltop Plateau Dr
Sweetwater $725,000 $281 4 bd / 4 ba 2,576 sqft , 2026-07-17

113 Courtland Cir
Highpointe Condo $725,000 $229 4 bd / 4 ba 3,161 sqft , 2026-07-22

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

$3,480/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

$145,000

20% conventional investment loan

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

Estimated Gross Rent+$3,480

Principal + Interest−$3,957

Property Tax (~2.1% TX avg)−$1,269

Insurance (~0.5%)−$302

Est. Monthly Cash Flow $-2,048

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

6721 Empresa Dr