Active Listing  ·  24 days on market

7336 Gaines Mill Ln

Austin, TX 78745
$599,000
3 Bed 3 Bath 1,836 sqft $326/sqft Built 1981 0.23 acres 2-Car Garage Pool Southwest Oaks

Quintessential Austin - Welcome to 7336 Gaines Mill Lane in the HOT 78745. This Home has been lovingly cared for and thoughtfully updated by the owners of the last 12 years. The split floorplan is both interesting and cozy and features a few steps up to the main level which will absolutely WOW you! Open and Bright, you can just feel the love and energy this home has held through the years. Extensive hard surface flooring updated double pane windows, a charming wood burning fireplace this is what greets you as you enter the home. The chef's kitchen has been beautifully remodeled and opened to the rest of the home and features expansive quartz countertops, updated cabinetry, a designer tile backsplash, stainless steel appliances, a gas range and updated lighting. This incredible updated floorplan offers a formal dining option and a breakfast nook at opposite ends of the home, enjoy direct patio access from the living/dining combo space. The primary suite is also on the main level and has been beautifully updated with designer paint and a fully updated primary bathroom. The owners bath boasts double vanities, an oversized walk-in shower, 2 large walk-in closets and a nicely sized linen closet. The lower level has all hard surface flooring, 2 Bedrooms, a full bath with a focal point tile surround, dedicated laundry room and incredible closet space. The landscaping and outdoor living spaces are not to be missed, front lower-level covered patio with porch swing, front patio seating area and the back yard is incredible! Walk out Deck, lower-level covered patio, partially Xeriscaped back yard, beautifully lot and landscaping, nearly 1/4 acre with no rear or side neighbor. So many updates including masonry siding, windows, exterior paint and on and on. This is a must see, not a flip, truly a quality home that has been thoughtfully updated through the years.

At $326/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

7336 Gaines Mill Ln, Austin, TX 78745

Property Details

Price $599,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,836 sqft
Lot Size 0.23 acres (10,062.36 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Southwest Oaks
County Travis
Zip Code 78745
$/sqft $326/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,241.63
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241815231
List Date July 31, 2026
Elementary School Cunningham
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
8102 Fort Sumter Rd
Shiloh Ph 04 Sec 01
$599,999 $477 3 bd / 2 ba 1,257 sqft , 2026-08-01
7912 Finch Trl
Cherry Creek
$600,000 $346 4 bd / 3 ba 1,734 sqft , 2026-08-10
2200 Amur Dr
Independence Park Condo Amd
$610,000 $267 4 bd / 3 ba 2,282 sqft , 2026-02-03
7611 Oak Hedge Pl
Elmwood Estates
$583,000 $416 3 bd / 2 ba 1,403 sqft , 2026-02-24
8305 Fort Sumter Rd
Shiloh Ph 04 Sec 01
$579,500 $438 3 bd / 2 ba 1,324 sqft , 2026-08-04

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (~2.1% TX avg)−$1,048
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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 August 20, 2026.

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