About This Home

Meticulously maintained 5 bedroom/3.5 bathroom home with open floorpan, media room, eat-in kitchen, play/game room, pool with hot tub, covered patio on main with deck off 2nd level. Primary bedroom on main with additional bedroom on main level perfect for guests or in-laws. HUGE yard on cul-de-sac lot. There are very few lots like this in Avana, don't miss this one!

Walking distance to Bear Creek Elementary and Veritas Academy, close to Avana pool, easy access to 45/mopac and only 15-18 minutes to downtown!

*All measurements, SF and schools should be verified by buyer

At $429/sqft, this home is priced 10% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

7124 Calpe Dr, Austin, TX 78739

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Property Details

Price $1,500,000

Status Active Listing

Beds 5

Full Baths 3

Half Baths 1

Living Area 3,495 sqft

Lot Size 0.23 acres (9,936.04 sqft)

Year Built 2015

Garage 3 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Circle C Avana

County Travis

Zip Code 78739

$/sqft $429/sqft

Days on Market ,

HOA $481/Semi-Annually

Annual Tax Est. $18,638.48

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT241760570

List Date July 30, 2026

Elementary School Bear Creek

Middle School Gorzycki

High School Bowie

School District ,

Have Questions About This Property?

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

5001 Sevan Cv
Vista West 04 $1,500,000 $447 5 bd / 4 ba 3,357 sqft , 2026-05-21

1719 Spyglass Dr #16
Spyglass $1,499,999 $508 4 bd / 5 ba 2,950 sqft , 2026-01-08

5805 Buckpasser Cv
Davenport Ranch Ph 02 Sec 01 $1,499,999 $582 4 bd / 3 ba 2,578 sqft , 2026-06-12

1301 Minnie Dr
Lakeland Park $1,499,999 $499 5 bd / 5 ba 3,007 sqft , 2026-07-24

1078 Gato Del Sol Ave
Saratoga Hills $1,499,000 $339 4 bd / 6 ba 4,428 sqft , 2026-04-06

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

$7,200/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

$300,000

20% conventional investment loan

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

Estimated Gross Rent+$7,200

Principal + Interest−$8,186

Property Tax (~2.1% TX avg)−$2,625

Insurance (~0.5%)−$625

Est. Monthly Cash Flow $-4,236

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

7124 Calpe Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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