Active Listing  ·  26 days on market

7304 Hartnell Dr

Austin, TX 78723
$550,000
4 Bed 2 Bath 1,923 sqft $286/sqft Built 1971 0.21 acres 2-Car Garage Pool University Hills Sec 04 Ph 04

Freshly updated and move-in ready, this 1,923-square-foot single-story home in University Hills blends classic Austin character with clean, modern finishes and generous indoor-outdoor living. Step inside to find warm wood-look plank flooring, fresh neutral tones, recessed lighting, ceiling fans, and abundant natural light throughout. The living and dining area makes an immediate impression with its vaulted, exposed-beam ceiling and striking painted brick fireplace, creating a distinctive gathering space with plenty of character. The refreshed kitchen features quartz countertops, subway tile backsplash, updated cabinetry, stainless steel appliances, and expansive windows overlooking the backyard. Comfortable bedrooms and updated bathrooms provide plenty of flexibility for everyday living, guests, or a home office. Out back, a spacious private yard surrounded by wood fencing and mature trees offers plenty of room to relax, entertain, or garden, while the covered patio and detached storage shed add everyday functionality. Conveniently located near Mueller with easy access to US-183, I-35, parks, shopping, dining, and everything Central and East Austin have to offer, this University Hills home delivers space, character, and an excellent Austin location.

At $286/sqft, this home is 27% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7304 Hartnell Dr, Austin, TX 78723

Property Details

Price $550,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,923 sqft
Lot Size 0.21 acres (9,082.26 sqft)
Year Built 1971
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision University Hills Sec 04 Ph 04
County Travis
Zip Code 78723
$/sqft $286/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,042.01
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244942608
List Date August 28, 2026
Elementary School Andrews
Middle School Pearce Middle
High School Lyndon B Johnson (Austin ISD)
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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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 · August 28, 2026 $575,000
Current ask $550,000
Reduced $25,000 (-4.3%) 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
7302 Meadowood Dr
Vintage Hills
$550,000 $341 3 bd / 2 ba 1,613 sqft , 2026-03-20
6816 Hanover Ln
Riverbend Sec 1 At Universityh
$550,000 $390 3 bd / 2 ba 1,411 sqft , 2026-09-11
6807 Roanoke Dr
University Hills Sec 02 Ph 05
$549,999 $390 3 bd / 2 ba 1,410 sqft , 2026-08-10
6109 Cherrylawn Cir #A
Manor Townhomes
$539,999 $253 3 bd / 4 ba 2,133 sqft , 2026-05-18
6205 Hylawn Dr
Cherrylawn Sec 5
$525,000 $265 4 bd / 3 ba 1,984 sqft , 2026-03-24

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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 September 21, 2026.

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