Active Listing  ·  84 days on market

708 Marc Taylor Dr

Austin, TX 78745
$499,000
4 Bed 3 Bath 2,875 sqft $174/sqft Built 2009 0.17 acres 2-Car Garage Pool Taylor Estates Sec 01

South Austin Greenbelt Home | Primary Suite Down | No Carpet | Cul-de-Sac Living

Discover exceptional value in one of South Austin's most desirable locations. Tucked away on a quiet cul-de-sac and backing to a peaceful greenbelt, this spacious home offers the privacy, flexible floor plan, and outdoor living today's buyers are searching for.

Inside, you'll find no carpet—with hard tile and luxury vinyl plank flooring throughout for easy maintenance and a modern feel. The thoughtfully designed floor plan features a main-level primary suite, complete with a generous bedroom, walk-in closet, and spa-inspired bath with a soaking tub and separate shower.

The heart of the home is an open-concept kitchen featuring granite countertops, abundant cabinetry, and seamless flow into the living and dining areas—perfect for entertaining or everyday living.

Upstairs offers three spacious secondary bedrooms plus an oversized media room, game room, or second living area, all with relaxing views overlooking the greenbelt.

Step outside to one of the home's standout features—a massive covered deck with a gazebo and outdoor movie screen, creating the ultimate backyard retreat for entertaining, football Saturdays, or relaxing under the Texas stars. Select furnishings are negotiable and may convey, making this home even more move-in ready.

Located with convenient access to MoPac, I-35, SH-45, and downtown Austin, you'll enjoy quick commutes while living in a quiet neighborhood close to shopping, dining, parks, and top South Austin amenities.

If you've been searching for a South Austin home with a primary bedroom downstairs, greenbelt lot, no carpet, multiple living spaces, and incredible outdoor entertaining, this home delivers outstanding value and space that's hard to find at this price.

At $174/sqft, this home is 56% 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

708 Marc Taylor Dr, Austin, TX 78745

Property Details

Price $499,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,875 sqft
Lot Size 0.17 acres (7,322.44 sqft)
Year Built 2009
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Taylor Estates Sec 01
County Travis
Zip Code 78745
$/sqft $174/sqft
Days on Market ,
HOA $350/Annually
Annual Tax Est. $11,492.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240174619
List Date July 16, 2026
Elementary School Casey
Middle School Bedichek
High School Akins
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 16, 2026 $549,000
Current ask $499,000
▼ Reduced $50,000 (-9.1%) 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
7337 Menchaca Rd #32
Southbridge Villas Ph Ii Amd
$500,000 $220 4 bd / 3 ba 2,268 sqft , 2026-09-18
716 Bernstein St #5
Cooper Lane Condo
$515,000 $248 4 bd / 3 ba 2,080 sqft , 2026-09-18
817 Sand Hill Branch Dr
Brentwood Villas Condominiums
$479,900 $232 3 bd / 3 ba 2,068 sqft , 2026-08-13
904 Emory Tree Dr
BRENTWOOD VILLAS CONDOMINIUMS
$525,000 $211 5 bd / 4 ba 2,491 sqft , 2026-08-15
615 Bernese Pass
Village on Cooper Lane
$549,000 $209 4 bd / 4 ba 2,625 sqft , 2026-09-23

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 24, 2026.

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