Active Listing  ·  7 days on market

7115 Danwood Dr

Austin, TX 78759
$495,000
3 Bed 2 Bath 1,802 sqft $275/sqft Built 1976 0.27 acres 2-Car Garage Pool Oak Forest Sec 03

7115 Danwood is nestled on a quiet street in one of NW Austin’s most established and sought after neighborhoods. Barrington Oaks is known for the spacious lots, mature shade trees, walkable streets, and top rated schools. Amazing location, only minutes from the 183 & 45 toll roads, the Domain, Whole Foods, Trader Joes, Austin’s tech corridor, restaurants & entertainment.

Roof replaced in 2024 and HVAC replaced in 2026! With wonderful bones and timeless character, this well cared for home is ready for its next owners to add their personal touch. Don’t miss this rare opportunity to bring your vision and claim a piece of this neighborhood for your very own.

House is leased through 8/31. More photos coming soon.

At $275/sqft, this home is 29% 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

7115 Danwood Dr, Austin, TX 78759

Property Details

Price $495,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,802 sqft
Lot Size 0.27 acres (11,630.52 sqft)
Year Built 1976
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Oak Forest Sec 03
County Travis
Zip Code 78759
$/sqft $275/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,975.74
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242489086
List Date August 8, 2026
Elementary School Caraway
Middle School Canyon Vista
High School Westwood
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
11508 Bell Ave
Summit Oaks
$524,900 $386 3 bd / 2 ba 1,360 sqft , 2026-05-07
11806 Arabian Trl
Highland Oaks
$600,000 $354 3 bd / 2 ba 1,694 sqft , 2026-08-01
10506 Yucca Dr
Northview Hills Sec 03
$615,000 $261 4 bd / 3 ba 2,352 sqft , 2026-05-23
6713 Colina Ln
Oak Forest Sec 04 Amd
$625,000 $386 3 bd / 2 ba 1,620 sqft , 2026-06-27
7708 NW San Felipe Blvd
San Felipe Twnhms
$359,900 $216 2 bd / 3 ba 1,663 sqft , 2026-07-31

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
$2,376/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
$99,000
20% conventional investment loan

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

Estimated Gross Rent+$2,376
Principal + Interest−$2,701
Property Tax (~2.1% TX avg)−$866
Insurance (~0.5%)−$206
Est. Monthly Cash Flow $-1,397

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 13, 2026.

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