Active Listing  ·  4 days on market

7108 Shadywood Dr

Austin, TX 78745
$449,000
3 Bed 3 Bath 1,557 sqft $288/sqft Built 1976 0.16 acres 2-Car Garage Pool Meadowcreek Sec 03 Ph 01-A

Come see this extremely efficient and well-maintained home in sought-after Meadowcreek subdivision less than 7 miles to downtown Austin! It is only 4 minutes to Ditmar Recreation Center and Ditmar Neighborhood Park with hiking trails and a neighborhood area pool. Recent upgrades of over $50,000 with extra focus on energy efficiency. 2025 upgrades included all Pella vinyl energy efficient double pane windows, blown insulation with almost R-60 efficiency rating, Hardi-Plank siding and trim, exterior paint, front and back doors replaced, and covered patio. 2021 included a highly efficient 20 SEER HVAC system saving big on electric bills. The covered back patio and large fenced backyard are great for outdoor entertainment.

At $288/sqft, this home is 27% 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 Shadywood Dr, Austin, TX 78745

Property Details

Price $449,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,557 sqft
Lot Size 0.16 acres (6,821.5 sqft)
Year Built 1976
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Meadowcreek Sec 03 Ph 01-A
County Travis
Zip Code 78745
$/sqft $288/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,914.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244016680
List Date August 20, 2026
Elementary School Williams
Middle School Covington
High School Crockett
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
6403 Bluesky Way
Buckingham Ridge Sec 02
$449,000 $279 4 bd / 2 ba 1,610 sqft , 2026-08-12
6915 Cherry Meadow Dr
Cherry Meadows
$450,000 $349 4 bd / 2 ba 1,290 sqft , 2026-05-27
7206 Shadywood Dr
Meadow Creek Sec 01
$445,000 $368 3 bd / 2 ba 1,208 sqft , 2026-08-12
401 N Bluff Dr #16101
Cannon West
$455,000 $339 2 bd / 3 ba 1,343 sqft , 2026-04-20
6716 Skynook Dr
Buckingham Ridge Sec 05
$440,000 $319 3 bd / 2 ba 1,380 sqft , 2026-08-07

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
$2,155/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
$89,800
20% conventional investment loan

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

Estimated Gross Rent+$2,155
Principal + Interest−$2,450
Property Tax (~2.1% TX avg)−$786
Insurance (~0.5%)−$187
Est. Monthly Cash Flow $-1,268

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 →