Active Listing  ·  18 days on market

6801 Derby Downs Dr

Austin, TX 78747
$309,000
3 Bed 3 Bath 1,788 sqft $173/sqft Built 2008 0.08 acres 2-Car Garage Pool Sheldon 230 Sec 02 Ph 02

**FRESHLY UPDATED & MOVE-IN READY!**

Welcome to 6801 Derby Downs, where modern updates, comfort, and value come together! This beautifully refreshed 3-bedroom home features stylish laminate flooring, fresh interior paint, updated faucets, and gorgeous quartz countertops that bring a clean, contemporary feel to the living spaces.

One of the biggest highlights is the **roof, replaced in summer 2026**, offering buyers added peace of mind and one less major expense to worry about.

The thoughtful improvements create a bright, inviting atmosphere that's ready for its next owner. Whether you're purchasing your first home, downsizing, or simply looking for a property without a long list of immediate updates, this home deserves a spot on your must-see list.

**Fresh finishes, major improvements, and a convenient South Austin location—come see the difference for yourself!** THE SELLER HAS SECURED LOWER INTEREST RATES WITH PREFERRED LENDER***

At $173/sqft, this home is 56% 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

6801 Derby Downs Dr, Austin, TX 78747

Property Details

Price $309,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,788 sqft
Lot Size 0.08 acres (3,637.26 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sheldon 230 Sec 02 Ph 02
County Travis
Zip Code 78747
$/sqft $173/sqft
Days on Market ,
HOA $45/Monthly
Annual Tax Est. $6,373.45
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250845817
List Date October 25, 2026
Elementary School Blazier
Middle School Paredes
High School Akins
School District Austin ISD

Austin ISD

Blazier · Paredes · Akins

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
8816 Milton Lease Dr
Sheldon 230 Sec 02 Ph 03
$309,900 $150 3 bd / 3 ba 2,068 sqft , 2026-05-07
6640 Quinton Dr
McKinney Park East Sec 02
$308,000 $172 3 bd / 3 ba 1,788 sqft , 2026-07-07
9004 Wiley Way
Sheldon 230 Sec 02 Ph 02
$310,000 $229 3 bd / 2 ba 1,352 sqft , 2026-09-17
6617 Sunderland Trl
Sheldon 230 Sec 2 Ph 7
$310,000 $229 3 bd / 2 ba 1,352 sqft , 2026-10-01
8720 Sturmer St
Sheldon
$307,500 $224 3 bd / 2 ba 1,375 sqft , 2026-09-03

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
$1,483/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
$61,800
20% conventional investment loan

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

Estimated Gross Rent+$1,483
Principal + Interest−$1,686
Property Tax (assumed ~2.1%)−$541
Insurance (assumed ~0.5%)−$129
Est. Monthly Cash Flow $-873

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 · 41 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. The written content was last updated on November 3, 2026.

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

Save this home