Active Listing  ·  160 days on market

7207 Mesa Dr

Austin, TX 78731
$950,000
4 Bed 2 Bath 2,672 sqft $356/sqft Built 1967 0.26 acres 2-Car Garage Pool Highland Hills Northwest Sec 1

Discover this beautifully maintained 4-bedroom, 2-bathroom home nestled in the highly sought-after Northwest Hills neighborhood. Set on a generous lot, this single-story residence offers a flowing floor plan with abundant space and natural light throughout.

Inside, enjoy two expansive living areas, one featuring a cozy wood-burning fireplace, perfect for gathering or relaxing. The open-concept kitchen boasts ample counter space, an eat-in dining area, and a layout ideal for both daily living and entertaining.

Each of the four bedrooms offers comfortable proportions, while both bathrooms are generously sized with dual vanities, providing plenty of space for family or guests.

Step outside to a lushly landscaped backyard complete with a covered patio—an inviting outdoor retreat for morning coffee, evening dinners, or weekend relaxation.

Located along scenic Mesa Drive, this home is just minutes from Loop 360, Mopac, and downtown Austin, with easy access to highly rated schools, local shopping, dining, and outdoor trails. Enjoy the perfect blend of peaceful living and city convenience in one of Austin’s most established neighborhoods.

At $356/sqft, this home is 9% 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

7207 Mesa Dr, Austin, TX 78731

Property Details

Price $950,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,672 sqft
Lot Size 0.26 acres (11,138.29 sqft)
Year Built 1967
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Hills Northwest Sec 1
County Travis
Zip Code 78731
$/sqft $356/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $19,247.97
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218385799
List Date February 25, 2026
Elementary School Doss (Austin ISD)
Middle School Murchison
High School Anderson
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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · February 25, 2026 $999,950
Previous ask $969,999
Current ask $950,000
Reduced $49,950 (-5.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
5405 Prock Ln
Moore D C
$950,000 $367 5 bd / 2 ba 2,588 sqft , 2026-03-01
10603 Valley Vista Rd
Cedar Valley
$950,000 $414 3 bd / 3 ba 2,295 sqft , 2026-04-10
9803 Ribelin Ranch Ct #19
VUE at 2222
$950,000 $399 4 bd / 4 ba 2,378 sqft , 2026-06-12
12007 Beautybrush Dr
East Village
$950,000 $383 3 bd / 3 ba 2,481 sqft , 2026-06-18
12212 Waterton Parke Cir
Grandview Hills Parke sec 5
$950,000 $293 4 bd / 4 ba 3,242 sqft , 2026-07-02

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
$4,560/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
$190,000
20% conventional investment loan

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

Estimated Gross Rent+$4,560
Principal + Interest−$5,185
Property Tax (~2.1% TX avg)−$1,663
Insurance (~0.5%)−$396
Est. Monthly Cash Flow $-2,684

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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