Active Listing  ·  1 day on market

7108 Meadowood Dr

Austin, TX 78723
$375,000
3 Bed 3 Bath 1,568 sqft $239/sqft Built 1969 0.58 acres 2-Car Garage Pool Vintage Hills Sec 02

Charming spaces, mature trees and an East Austin location that checks all the boxes! Welcome to this inviting 3-bedroom, 2.5-bath home in the established Vintage Hills neighborhood, where comfortable living and everyday convenience come together. Backing to a peaceful, tree-lined setting with no neighbors directly behind the home, this property offers a rare sense of privacy and space while still keeping you close to everything East Austin has to offer. Step inside to a bright front sitting area surrounded by large windows overlooking the lush front lawn. The kitchen offers an electric range, generous pantry storage, and a breakfast bar that opens directly to the family room, perfect for keeping everyone connected. Just beyond, the family room steals the show with a dramatic floor-to-ceiling brick fireplace, warm wood flooring, and easy access to the backyard patio. Upstairs, the spacious primary suite offers plenty of room to create your own retreat, with double windows, a dedicated makeup vanity and a private en-suite bath. Two additional bedrooms feature ceiling fans and share a full hall bathroom, while a main-level half bath adds convenience for guests. And then there's the backyard! Step outside to a generous patio shaded by mature trees, creating the perfect setting for morning coffee, weekend BBQs, or evenings spent relaxing outdoors. With no neighbors behind you, the backyard feels especially private and peaceful. Terraced stone steps lead down to a separate lower yard area, creating a wonderful sense of space and plenty of possibilities for play, gardening, pets, or simply enjoying the outdoors. Located in desirable 78723, Vintage Hills offers easy access to US-183, Highway 290, and I-35, with quick trips to Mueller, local coffee shops and restaurants, Mueller Lake Park, Morris Williams Golf Course and Downtown Austin. Come see why this home offers the space, privacy, and location to make your next Austin chapter a great one!

At $239/sqft, this home is 39% 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

7108 Meadowood Dr, Austin, TX 78723

Property Details

Price $375,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,568 sqft
Lot Size 0.58 acres (25,068.78 sqft)
Year Built 1969
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Vintage Hills Sec 02
County Travis
Zip Code 78723
$/sqft $239/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,175.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241341239
List Date August 21, 2026
Elementary School Winn
Middle School Pearce Middle
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.

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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
5012 Magari Path
Chapman Estates
$375,000 $251 3 bd / 2 ba 1,495 sqft , 2026-07-24
2604 Wheless Ln #1
2604 Wheless Ln Condo
$374,900 $266 2 bd / 3 ba 1,408 sqft , 2026-07-08
6601 Ashland Dr
Bluffs University Hills Sec 01
$365,000 $271 3 bd / 2 ba 1,349 sqft , 2026-07-28
6101 Adalee Ave
6101 Adalee Ave Condo
$389,000 $295 3 bd / 2 ba 1,317 sqft , 2026-06-18
7300 Lazy Creek Dr
Las Cimas Sec 01
$395,000 $317 3 bd / 2 ba 1,246 sqft , 2026-08-06

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
$1,800/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
$75,000
20% conventional investment loan

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

Estimated Gross Rent+$1,800
Principal + Interest−$2,047
Property Tax (~2.1% TX avg)−$656
Insurance (~0.5%)−$156
Est. Monthly Cash Flow $-1,059

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 22, 2026.

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