Active Listing  ·  11 days on market

7120 Gentle Oak Dr

Austin, TX 78749
$535,000
4 Bed 2 Bath 1,960 sqft $273/sqft Built 1997 0.16 acres 2-Car Garage Pool Woods Legend Oaks Sec 01

Nestled in one of Southwest Austin's most sought-after neighborhoods, this home is a blank slate and has only had one owner since it was built! Ready for its new owner’s customizations, inside you'll find fresh interior paint to highlight the thoughtful layout. The living space with a gas fireplace is bathed in natural light, adjacent to an open dining area for gathering and entertaining. Kitchen is situated between the dining and living spaces creating a natural flow, with a lovely breakfast nook. All rooms are in the hall to the right, away from the gathering spaces, and the front bedroom can serve as a flex space, such as an office, since it also opens to the front entryway. Newer Pella sliding door leads you to the shaded backyard, a peaceful retreat, which has been thoughtfully cleared to make way for your landscaping desires. The garage is very tall, allowing for overhead storage racks above parked cars, and a new HVAC system was installed as of April 2022! Underground utilities allow for unobstructed views in the WOLO neighborhood, and a short walk down Gentle Oak leads you to the HOA maintained park complete with a playground, field for soccer and other sports, and picnic tables. Adding to the neighborhood park's charm, a Little Free Library is being installed in honor of the home's late owner, a beloved community member. The much anticipated construction on 290 at the Y is wrapping up and has made access to downtown Austin and the surrounding hill country towns quicker than ever. You won’t want to miss this opportunity to own a well-cared-for home in this established community known for its friendly atmosphere and exceptional location.

At $273/sqft, this home is 30% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7120 Gentle Oak Dr, Austin, TX 78749

Property Details

Price $535,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,960 sqft
Lot Size 0.16 acres (7,148.2 sqft)
Year Built 1997
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Woods Legend Oaks Sec 01
County Travis
Zip Code 78749
$/sqft $273/sqft
Days on Market ,
HOA $345/Annually
Annual Tax Est. $13,018
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240580408
List Date July 24, 2026
Elementary School Patton
Middle School Small
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
7513 Vol Walker Dr
Village At Western Oaks Sec 17
$535,000 $278 4 bd / 2 ba 1,925 sqft , 2026-05-14
2315 E 5th St
Industrial Add Annex
$535,000 $290 3 bd / 2 ba 1,844 sqft , 2026-06-06
11304 Staked Plains Dr
Avery Ranch Far West Ph 01 Sec 01
$535,000 $240 4 bd / 3 ba 2,230 sqft , 2026-06-04
15708 Monona Cv
Woods Brushy Creek Sec 01
$535,000 $329 3 bd / 3 ba 1,625 sqft , 2026-07-05
1705B Perez St
Chernosky 10
$535,000 $341 3 bd / 3 ba 1,568 sqft , 2026-07-09

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
$2,568/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
$107,000
20% conventional investment loan

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

Estimated Gross Rent+$2,568
Principal + Interest−$2,920
Property Tax (~2.1% TX avg)−$936
Insurance (~0.5%)−$223
Est. Monthly Cash Flow $-1,511

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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