Active Listing  ·  312 days on market

7007 Colony Loop Dr

Austin, TX 78724
$325,000
3 Bed 2 Bath 1,080 sqft $301/sqft Built 1997 0.22 acres 2-Car Garage Pool Meadows Walnut Creek Sec 05

Welcome to this inviting and well-kept home offering comfort, character, and space both inside and out! The spacious living room features high vaulted ceilings, neutral blue-toned walls, and warm natural light, creating a cozy yet open feel. A stylish ceiling fan, rich wood furnishings, and beautifully framed wall art give the room a classic, welcoming aesthetic.

The open layout allows for easy flow into the dining area and kitchen, perfect for entertaining or family time. Large tile flooring adds both durability and visual appeal throughout the common areas. This house offers 3 bedroom, 2 bath, 2 car garage and additional parking at the front/side entrance of the house offering over 7-8 car spots!

Step outside to a private backyard with a dedicated storage shed and lush greenery—ideal for gardening, outdoor relaxation, or weekend BBQs. The fenced-in yard provides privacy and plenty of room for pets or children to play.

This charming home is a perfect fit for first-time buyers, investors, or anyone looking for a cozy retreat with practical features and style. Schedule your private tour today!

At $301/sqft, this home is 23% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7007 Colony Loop Dr, Austin, TX 78724

Property Details

Price $325,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,080 sqft
Lot Size 0.22 acres (9,648.54 sqft)
Year Built 1997
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Meadows Walnut Creek Sec 05
County Travis
Zip Code 78724
$/sqft $301/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,197.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT207696721
List Date September 26, 2025
Elementary School Andrews
Middle School Dobie (Austin ISD)
High School Northeast Early College
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 →

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
1807 Poquito St #32
Willow Branch Lofts
$325,000 $377 2 bd / 2 ba 863 sqft , 2025-07-27
1041 Rosemont St
Claircrest
$325,000 $306 3 bd / 2 ba 1,063 sqft , 2026-02-27
4409 Duval St #305
Creekridge Condo
$325,000 $351 2 bd / 2 ba 927 sqft , 2026-03-17
1201 Southport Dr #D
Southridge Sec 06
$325,000 $377 2 bd / 2 ba 861 sqft , 2026-03-19
2801 Rio Grande St #308
Parapet Condo
$325,000 $391 2 bd / 2 ba 832 sqft , 2026-05-15

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

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