About This Home

Beautifully remodeled home in a prime Austin location. Thoughtfully updated with modern finishes, this residence offers a seamless blend of style, comfort, and functionality. Enjoy an open, light-filled layout, upgraded kitchen and baths, and a private backyard ideal for relaxing or entertaining. Special financing options available to help make ownership more accessible. Conveniently located near major highways, shopping, dining, and outdoor amenities. A move-in-ready opportunity you won’t want to miss.

At $203/sqft, this home is 48% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7004 E Meadow Bend Dr, Austin, TX 78724

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Property Details

Price $324,999

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,599 sqft

Lot Size 0.19 acres (8,363.52 sqft)

Year Built 1974

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Colony Park Hills Ia

County Travis

Zip Code 78724

$/sqft $203/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $5,285.68

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT214729218

List Date January 2, 2026

Elementary School Overton

Middle School Garcia

High School Lyndon B Johnson (Austin ISD)

School District ,

Have Questions About This Property?

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 · January 2, 2026 $429,999

Previous ask $329,999

Current ask $324,999

▼ Reduced $105,000 (-24.4%) 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

5728 Pinon Vista Dr
Meadows At Trinity Crossing Ph $315,337 $248 3 bd / 2 ba 1,269 sqft , 2026-05-14

6113 Perlita Dr
Meadows At Trinity Crossing Ph $354,000 $238 4 bd / 3 ba 1,486 sqft , 2026-09-16

8505 Mayview Dr
Colony Park Hills Ia $289,999 $169 3 bd / 2 ba 1,716 sqft , 2026-06-26

6913 Shannon Dr
COLONY PARK SEC 1 PHS 4 A $289,999 $190 3 bd / 1 ba 1,524 sqft , 2026-07-10

7701 Jacobean Way
PARKER CREEK RANCH PHS 3 $375,000 $209 3 bd / 3 ba 1,795 sqft , 2026-09-17

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

$1,560/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

$65,000

20% conventional investment loan

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

Estimated Gross Rent+$1,560

Principal + Interest−$1,774

Property Tax (~2.1% TX avg)−$569

Insurance (~0.5%)−$135

Est. Monthly Cash Flow $-918

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

About the Author

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 17, 2026.

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

7004 E Meadow Bend Dr