Active Listing  ·  6 days on market

7314 Eganhill Dr

Austin, TX 78745
$460,000
3 Bed 2 Bath 1,418 sqft $324/sqft Built 1977 0.16 acres 2-Car Garage Pool Cherry Creek Ph 04 Sec 02

Located in South Austin and backing to Stephenson Nature Preserve, this 3-bedroom, 2-bath home offers a unique connection to the surrounding natural landscape with direct backyard access to walking trails and views of local wildlife, including deer and fox. With no through traffic, the setting offers a peaceful backdrop while remaining convenient to South Austin amenities.

Inside, bamboo flooring runs throughout the home, complemented by an efficient air-conditioning system and Low-E energy-efficient windows and storm doors designed to enhance comfort and efficiency. A wood-burning fireplace with a gas connection adds warmth and character to the living space.

The zero-scaped yard requires little to no watering, creating a low-maintenance outdoor space. Thoughtful pet-friendly features include access points to the porch, back door porch, and garage. With its nature preserve setting, efficient features, and functional layout, this South Austin home offers a distinctive opportunity to enjoy comfortable living surrounded by nature.

At $324/sqft, this home is 17% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

7314 Eganhill Dr, Austin, TX 78745

Property Details

Price $460,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,418 sqft
Lot Size 0.16 acres (7,139.48 sqft)
Year Built 1977
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cherry Creek Ph 04 Sec 02
County Travis
Zip Code 78745
$/sqft $324/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,632.09
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247983288
List Date October 2, 2026
Elementary School Boone
Middle School Covington
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
3410 Plantation Rd
Oak Plantations
$460,000 $334 3 bd / 2 ba 1,376 sqft , 2026-08-07
2420 Amur Dr
Independence Park Condo Amd
$465,000 $325 3 bd / 2 ba 1,431 sqft , 2026-09-10
2102 Lear Ln
Southwest Oaks Ph 02
$450,000 $304 3 bd / 2 ba 1,480 sqft , 2026-07-07
6232 Hillston Dr
The Village
$450,000 $401 3 bd / 2 ba 1,122 sqft , 2026-09-26
8500 Kearsarge Cv
Shiloh Ph 04 Sec 02
$470,000 $369 3 bd / 2 ba 1,273 sqft , 2026-07-30

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
$2,208/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
$92,000
20% conventional investment loan

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

Estimated Gross Rent+$2,208
Principal + Interest−$2,510
Property Tax (~2.1% TX avg)−$805
Insurance (~0.5%)−$192
Est. Monthly Cash Flow $-1,299

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 October 5, 2026.

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