Active Listing  ·  21 days on market

7204 Wardman Dr

Del Valle, TX 78617
$199,000
3 Bed 2 Bath 1,218 sqft $163/sqft Built 1999 0.16 acres 2-Car Garage Pool Stoney Ridge Ph A Sec 03A

Discover the investment potential of this property in the desirable Stoney Ridge neighborhood of Del Valle. This home features wood flooring, granite countertops, a bright white kitchen, and an open-concept layout. Whether you’re an investor, renovator, or buyer looking to build equity, this property presents an exciting opportunity to add value and personalize the home to your vision. The spacious backyard provides room for outdoor living, entertaining, or future improvements, while convenient access to downtown Austin and Austin-Bergstrom International Airport adds to the property’s appeal. You do not want to miss this one!

At $163/sqft, this home is 29% below the Del Valle active market average of $230/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7204 Wardman Dr, Del Valle, TX 78617

Property Details

Price $199,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,218 sqft
Lot Size 0.16 acres (6,795.36 sqft)
Year Built 1999
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stoney Ridge Ph A Sec 03A
County Travis
Zip Code 78617
$/sqft $163/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,229
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250586571
List Date October 22, 2026
Elementary School Del Valle
Middle School Del Valle
High School Del Valle
School District Del Valle ISD

Del Valle ISD

Del Valle · Del Valle · Del Valle

Luke Allen (TREC #788149) has deep knowledge of Del Valle 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 Del Valle

Comparable Listings Right Now

Homes currently for sale in Del Valle 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
7224 Dancing Wind Ln
Stoney Ridge
$249,900 $180 3 bd / 3 ba 1,392 sqft , 2026-03-13

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
$955/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
$39,800
20% conventional investment loan

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

Estimated Gross Rent+$955
Principal + Interest−$1,086
Property Tax (assumed ~2.1%)−$348
Insurance (assumed ~0.5%)−$83
Est. Monthly Cash Flow $-562

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 Del Valle, TX

Del Valle 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 · 41 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. The written content was last updated on October 23, 2026.

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

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