Active Listing  ·  54 days on market

6912 Langston Dr

Austin, TX 78723
$499,000
3 Bed 3 Bath 1,952 sqft $256/sqft Built 1964 0.18 acres 1-Car Garage Pool Riverbend Sec 1 At University Hills

PRE-APPRAISED AND THOUGHtFULLY PRICED ACCORDINGLY

Welcome to 6912 Langston Drive, a rare opportunity to own a home that has been lovingly cared for by its original owner since it was built in 1964. This well-maintained residence offers the perfect blend of timeless charm and endless potential.

One of the home's standout features is that it has been pre-appraised and thoughtfully priced accordingly, giving buyers added confidence and peace of mind in today's market.

Inside, you'll find a home that has been meticulously maintained over the years, providing a solid foundation for its next chapter. Whether you're looking to preserve its classic appeal, make thoughtful updates, or create your dream space, this property offers an exceptional opportunity in an established Austin neighborhood.

Conveniently located with easy access to local shopping, dining, parks, and major commuting routes, 6912 Langston Drive is ready to welcome its next owner. Homes with this level of care, history, and transparency don't come along often—don't miss your chance to make it yours.

At $256/sqft, this home is 35% 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

6912 Langston Dr, Austin, TX 78723

Property Details

Price $499,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,952 sqft
Lot Size 0.18 acres (7,958.41 sqft)
Year Built 1964
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverbend Sec 1 At University Hills
County Travis
Zip Code 78723
$/sqft $256/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,264.5
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241237743
List Date July 31, 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.

Schedule a Call →

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 · July 31, 2026 $525,000
Current ask $499,000
Reduced $26,000 (-5.0%) 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
6905 Tulane Dr
Riverbend Sec 03c At University Hills
$499,000 $322 3 bd / 2 ba 1,548 sqft , 2026-07-01
7402 Bucknell Dr
University Hills Sec 04 Ph 03
$499,500 $301 4 bd / 2 ba 1,660 sqft , 2026-02-27
3205 Rockhurst Ln
Summit At University Hills
$515,000 $353 3 bd / 3 ba 1,458 sqft , 2026-09-04
7102 Fred Morse Dr
Vintage Hills Sec 02
$475,000 $217 4 bd / 3 ba 2,184 sqft , 2026-08-18
3017 Val Dr
Vintage Hills Sec 04
$475,000 $226 4 bd / 2 ba 2,100 sqft , 2026-09-04

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
$2,395/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
$99,800
20% conventional investment loan

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

Estimated Gross Rent+$2,395
Principal + Interest−$2,723
Property Tax (~2.1% TX avg)−$873
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,409

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 27, 2026.

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