Active Listing  ·  125 days on market

7416 Peggie Nell Dr

Austin, TX 78724
$430,000
4 Bed 3 Bath 2,322 sqft $185/sqft Built 2021 0.14 acres 2-Car Garage Pool Parker Station

This stunning, two-story, four-bedroom home in the desirable Parker Station community offers an exceptional blend of modern luxury and strategic accessibility. The main level features a thoughtfully designed open-concept layout that seamlessly connects the chef-inspired kitchen - complete with stainless steel appliances and a large center island - to the inviting living and dining areas. The primary suite is privately tucked away on the first floor alongside two additional spacious bedrooms, while the second floor serves as a versatile retreat with a fourth bedroom, full bath, and a bonus space boasting views of Downtown Austin. Modern conveniences abound, from a dedicated laundry room and two-car garage to a smart home package and high-end 2023 upgrades including a bathroom remodel, skylights, and a custom patio with a pergola. Perfectly positioned for the modern professional, this home is located just 10 minutes from the Tesla Gigafactory, roughly 15 minutes from Austin-Bergstrom International Airport, and under 20 minutes from the high-tech corridor of Samsung Austin Semiconductor and the vibrant shopping and dining at The Domain. Surrounded by parks and walking trails, this residence provides a tranquil escape while remaining minutes away from Austin’s most notable employment and entertainment hubs.

At $185/sqft, this home is 53% 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

7416 Peggie Nell Dr, Austin, TX 78724

Property Details

Price $430,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,322 sqft
Lot Size 0.14 acres (6,250.86 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parker Station
County Travis
Zip Code 78724
$/sqft $185/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. $9,561
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224340336
List Date April 1, 2026
Elementary School Decker
Middle School Decker
High School Manor
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 · April 1, 2026 $460,000
Previous ask $440,000
Current ask $430,000
Reduced $30,000 (-6.5%) 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
7501 West Gate Blvd
Cherry Creek Ph 04 Sec 02
$430,000 $226 3 bd / 2 ba 1,900 sqft , 2026-02-21
6708 Menchaca Rd #10
La Vid Condo Amd
$430,000 $227 3 bd / 3 ba 1,898 sqft , 2026-05-19
3424 Rooba St
Preston Park Sec 1
$430,000 $201 3 bd / 3 ba 2,143 sqft , 2026-07-25
4802 Native Pearl None
Evelyn
$429,990 $197 4 bd / 4 ba 2,183 sqft , 2026-07-23
13933 Ashton Woods Cir #71
Ashton Woods Condominiums
$429,900 $193 3 bd / 3 ba 2,222 sqft , 2026-05-19

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
$2,064/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
$86,000
20% conventional investment loan

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

Estimated Gross Rent+$2,064
Principal + Interest−$2,347
Property Tax (~2.1% TX avg)−$753
Insurance (~0.5%)−$179
Est. Monthly Cash Flow $-1,215

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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