Active Listing  ·  48 days on market

6805 Tulane Dr

Austin, TX 78723
$699,000
4 Bed 2 Bath 1,639 sqft $426/sqft Built 1961 0.16 acres Pool University Hills Sec 03 Ph 01

Thoughtfully redesigned by a local interior designer, this beautifully renovated 4-bed, 2 bath home blends the charm of an established neighborhood with the fit, finish, and amenities of quality new construction. Every detail of this professional renovation was carefully considered, resulting in an impressive custom redesign with exceptional attention to detail. The inviting floor plan features a large living space open to the dining room which overlooks the backyard and covered patio. A stunning kitchen serves as the heart of the home, featuring ceiling-height cabinetry, an eye-catching emerald, glass tile accent wall, under-cabinet lighting, a powerful 900 CFM vent hood, 6 burner gas range, all-new appliances, a built-in under-counter microwave, oversized pantry, substantial prep and cabinet space, and breakfast bar. The secluded primary suite offers private access to the back patio, a large walk-in closet, and a sleek ensuite bath complete with a quartz countertop and oversized custom tile walk-in shower. Three secondary bedrooms offer flexibility for housing guests, office space, or accommodating a growing family. A laundry room completes the interior. Extensive updates include: electrical/plumbing systems, New – HVAC system to include ductwork and wi-fi thermostat, insulation, roof, water heater, appliances, flooring, interior/exterior paint, soft-close cabinetry, fixtures, window glass – low-e, double pane, and solid-core doors/hardware. Outside, enjoy a landscaped yard shaded by mature trees and a private, covered patio. A shed in the backyard provides extra storage. Located in sought-after University Hills, the home is less than 0.4 miles from Dottie Jordan Park and Recreation Center, offering a swimming pool, basketball and tennis courts, playgrounds, and walking trails with access to Little Walnut Creek. Conveniently located just minutes from H-E-B, the public library, Winn Elementary, Mueller, downtown Austin, with quick access to Hwy 183 and Hwy 290.

At $426/sqft, this home is priced 9% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

6805 Tulane Dr, Austin, TX 78723

Property Details

Price $699,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,639 sqft
Lot Size 0.16 acres (7,178.69 sqft)
Year Built 1961
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision University Hills Sec 03 Ph 01
County Travis
Zip Code 78723
$/sqft $426/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,255.42
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236085508
List Date June 17, 2026
Elementary School Andrews
Middle School Webb
High School Lyndon B Johnson (Austin ISD)
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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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 · June 17, 2026 $720,000
Current ask $699,000
Reduced $21,000 (-2.9%) 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
700 Corral Ln
Circle S Ridge Sec 01
$699,000 $322 3 bd / 2 ba 2,171 sqft , 2026-04-03
8115 Rockwood Ln #B
Northtowne West Sec 01
$699,000 $342 3 bd / 3 ba 2,045 sqft , 2026-03-19
3204 Lyons Rd #1
Delzell Sec 02
$699,000 $474 3 bd / 3 ba 1,476 sqft , 2026-04-21
5214 Grover Ave
Walling Place
$699,000 $457 3 bd / 3 ba 1,531 sqft , 2026-06-17
4907 W Market Dr
Highland Village Sec 02 Pt 03
$699,000 $547 3 bd / 1 ba 1,278 sqft , 2026-06-22

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
$3,355/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
$139,800
20% conventional investment loan

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

Estimated Gross Rent+$3,355
Principal + Interest−$3,815
Property Tax (~2.1% TX avg)−$1,223
Insurance (~0.5%)−$291
Est. Monthly Cash Flow $-1,974

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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