Active Listing  ·  112 days on market

7108 Crestone Rd

Austin, TX 78744
$329,950
3 Bed 3 Bath 1,705 sqft $194/sqft Built 2013 0.10 acres 2-Car Garage Pool Colorado Crossing Iii Sec 7

Quality home, quality sellers. This Colorado Crossing home is ready for immediate move-in. Pre-Inspected! Cared for and maintained by detail oriented sellers, this home is CLEAN and has many upgrades throughout. Lennar's Navajo floor plan which has two living area spaces on the main floor and all bedrooms UP. Welcoming curb appeal, upgraded front landscaping with succulents and a charming front porch and upgraded front door. The foyer offers a spacious entry - opening to either living area; powder room and nearby storage closet. Hard floor surfaces through all main levels including wood laminate and hard-tile flooring. The galley kitchen has granite counters, an upgraded dishwasher, gas range and a walk-in pantry. Upgraded lighting throughout the home as well as crown molding. The primary bedroom suite is well-sized and includes a full bathroom with granite counters, hard-tile shower surround, linen closet and a large walk-in closet. The two secondary bedrooms have good storage and upgraded ceiling fans. The secondary bathroom upstairs also includes granite counters, hard-tile shower surround and a linen closet. The laundry room is upstairs. Enjoy the flat, useable backyard with purposefully placed trees. Colorado Crossing amenities include a community pool, playground, and hike and bike trails. The home is located about two miles from McKinney Falls State Park, with easy access to ABIA and major highways 71 and 183. Existing survey provided + Pre-Inspection Report with repairs noted provided + recent Roof Assessment provided - all for buyer ease of consideration. See property website which includes 3D virtual walk-through tour & floor plan.

At $194/sqft, this home is 50% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7108 Crestone Rd, Austin, TX 78744

Property Details

Price $329,950
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,705 sqft
Lot Size 0.10 acres (4,399.56 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Colorado Crossing Iii Sec 7
County Travis
Zip Code 78744
$/sqft $194/sqft
Days on Market ,
HOA $47/Monthly
Annual Tax Est. $6,540
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222677190
List Date April 24, 2026
Elementary School Smith
Middle School Ojeda
High School Del Valle
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
6901 Vail Ridge St
Colorado Crossing
$326,000 $214 3 bd / 2 ba 1,522 sqft , 2026-07-31
7108 Outfitter Dr
Colorado Crossing 03 Sec 05
$337,900 $151 4 bd / 3 ba 2,240 sqft , 2026-05-06
3901 Colorado High Ave
Colorado Crossing IV Sec 6-B
$349,000 $208 4 bd / 2 ba 1,680 sqft , 2026-04-26
7120 Tonka Ln
Colorado Crossing
$295,000 $231 3 bd / 2 ba 1,276 sqft , 2026-01-23
3504 Alpine Autumn Dr
Colorado Crossing Iv Sec 3
$367,000 $201 4 bd / 3 ba 1,824 sqft , 2026-03-04

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
$1,584/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
$65,990
20% conventional investment loan

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

Estimated Gross Rent+$1,584
Principal + Interest−$1,801
Property Tax (~2.1% TX avg)−$577
Insurance (~0.5%)−$137
Est. Monthly Cash Flow $-931

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 July 6, 2026.

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