Active Listing  ·  12 days on market

6904 Miranda Dr

Austin, TX 78752
$390,000
4 Bed 1 Bath 1,353 sqft $288/sqft Built 1964 0.18 acres Pool Huntland Heights Sec 01

Prime Central Austin opportunity in one of the area’s most exciting growth corridors! Conveniently located just minutes from Austin Community College’s Highland Campus, this 3-bedroom, 1-bath home offers exceptional potential for investors, builders, or owner-occupants ready to add value. The property offers approximately 1,353 square feet of living space, with the garage converted to provide additional usable space, plus a spacious backyard shed for extra storage. Whether you’re looking to renovate and build equity, pursue a fix-and-flip, or explore redevelopment possibilities, this property offers plenty of flexibility. Enjoy easy access to restaurants, shopping, major employers, entertainment, and everything Central Austin has to offer, with Austin-Bergstrom International Airport approximately 14 miles away. A rare opportunity to secure a property with immediate usability and significant long-term potential!

At $288/sqft, this home is 27% 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

6904 Miranda Dr, Austin, TX 78752

Property Details

Price $390,000
Status Active Listing
Beds 4
Full Baths 1
Half Baths ,
Living Area 1,353 sqft
Lot Size 0.18 acres (7,936.63 sqft)
Year Built 1964
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Huntland Heights Sec 01
County Travis
Zip Code 78752
$/sqft $288/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,126.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246284265
List Date September 11, 2026
Elementary School Reilly
Middle School Webb
High School McCallum
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
203 W Odell St W
Bills Add Sec 01
$379,000 $356 3 bd / 1 ba 1,066 sqft , 2026-06-29
211 E Lisa Dr
Huntland Heights Sec 02
$415,000 $380 3 bd / 2 ba 1,092 sqft , 2026-09-21
7507 Bethune Ave #B
St Johns College
$419,000 $253 3 bd / 3 ba 1,659 sqft , 2026-01-16
7520 Delafield Ln
Northway Crest Sec 02
$349,000 $276 3 bd / 2 ba 1,264 sqft , 2026-09-20
302 Delmar Ave #B
St John's Home Addn
$435,000 $275 3 bd / 3 ba 1,580 sqft , 2026-04-09

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
$1,872/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
$78,000
20% conventional investment loan

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

Estimated Gross Rent+$1,872
Principal + Interest−$2,128
Property Tax (~2.1% TX avg)−$683
Insurance (~0.5%)−$163
Est. Monthly Cash Flow $-1,102

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 12, 2026.

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