Active Listing  ·  13 days on market

6807 Roanoke Dr

Austin, TX 78723
$565,000
3 Bed 2 Bath 1,410 sqft $401/sqft Built 1964 0.23 acres 2-Car Garage Pool University Hills Sec 02 Ph 05

Designed by ZERA Realty, constructed by The Remodelator, this fully renovated 3-bedroom, 2-bath home offering 1,410 sqft of thoughtfully designed, move-in-ready living space. The open concept layout features engineered hardwood flooring, recessed lighting, and a sleek electric fireplace. The modern kitchen is a standout with a 10-foot quartz waterfall island, quartz countertops, Brand new appliances, and designer finishes - perfect for everyday living and entertaining. The primary suite includes a walk-in closet, double vanity, and a spa-style walk-in shower with premium rain, wall, and handheld fixtures plus built-in bench seating. Extensive upgrades provide peace of mind, including a new roof, new HVAC, tankless water heater, new 200-amp electrical panel, all new PVC plumbing, new windows, insulation, and drywall. Exterior improvements include a new concrete driveway, all new siding, fresh sod, and French drains. Ideally positioned on a quiet street, this home is just a 1-minute walk to Capital Metro and offers excellent connectivity throughout the city. Enjoy close proximity to Andrews Elementary, with The University of Texas just minutes away. Convenient access to Downtown Austin, the airport, Mueller, H-E-B, The Domain, and major highways makes commuting and daily errands effortless. Nearby Dottie Jordan Park and Recreation Center provides outdoor amenities including trails, sports courts, a pool, playgrounds, and expansive green space. Stylish, functional, and completely turnkey, this home delivers modern living in a highly convenient location.

At $401/sqft, this home is priced 2% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

6807 Roanoke Dr, Austin, TX 78723

Property Details

Price $565,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,410 sqft
Lot Size 0.23 acres (10,153.84 sqft)
Year Built 1964
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision University Hills Sec 02 Ph 05
County Travis
Zip Code 78723
$/sqft $401/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,233.9
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242920884
List Date August 10, 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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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
6414 Kenilworth Dr
Windsor Park 02 Sec 01
$575,000 $312 4 bd / 3 ba 1,843 sqft , 2026-04-14
7302 Meadowood Dr
Vintage Hills
$550,000 $341 3 bd / 2 ba 1,613 sqft , 2026-03-20
1613 Glencrest Dr
Colonial Hills Sec 01
$549,999 $357 3 bd / 2 ba 1,540 sqft , 2026-07-03
2703 Wheless Ln
Thomas Eldridge
$599,000 $426 3 bd / 1 ba 1,406 sqft , 2026-06-15
1807 Corona Dr
Delwood 04 East Sec 02
$599,990 $396 3 bd / 2 ba 1,516 sqft , 2026-08-11

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
$2,712/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
$113,000
20% conventional investment loan

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

Estimated Gross Rent+$2,712
Principal + Interest−$3,083
Property Tax (~2.1% TX avg)−$989
Insurance (~0.5%)−$235
Est. Monthly Cash Flow $-1,595

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 August 22, 2026.

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