Active Listing  ·  164 days on market

7501 West Gate Blvd

Austin, TX 78745
$430,000
3 Bed 2 Bath 1,900 sqft $226/sqft Built 1976 0.19 acres 2-Car Garage Pool Cherry Creek Ph 04 Sec 02

A great home with three bedrooms and two full bathrooms, a good-sized lot with large oak trees, which provide great shade, is now for sale. This home is located south of downtown Austin, Texas, and is within a reasonable driving distance of the Texas State Capitol. The interior of this home offers an elegant kitchen, a unique breakfast room, and double French doors from the kitchen to a nice covered patio/backyard. The master bedroom features a full bathroom with a double vanity, a garden tub, a walk-in closet, and a separate standing shower. To evaluate this home, you must see it in person to appreciate all its beautiful features.

The seller will contribute $5,000 toward the buyer's closing costs when the offer is at the full listing price. If the offer is less than the listing price, the seller's contribution to the buyers' closing costs will be negotiated to a reasonable amount.

Realtors, please text the listing agent before showing.

At $226/sqft, this home is 42% 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

7501 West Gate Blvd, Austin, TX 78745

Property Details

Price $430,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,900 sqft
Lot Size 0.19 acres (8,145.72 sqft)
Year Built 1976
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cherry Creek Ph 04 Sec 02
County Travis
Zip Code 78745
$/sqft $226/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,587
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220140707
List Date February 21, 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.

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 21, 2026 $498,500
Previous ask $450,000
Current ask $430,000
Reduced $68,500 (-13.7%) 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
102 W Covington Dr
Eubank Acres Sec 02
$430,000 $308 3 bd / 2 ba 1,398 sqft , 2026-01-28
7416 Peggie Nell Dr
Parker Station
$430,000 $185 4 bd / 3 ba 2,322 sqft , 2026-04-01
6708 Menchaca Rd #10
La Vid Condo Amd
$430,000 $227 3 bd / 3 ba 1,898 sqft , 2026-05-19
508 Capitol Dr #1
Loar Add A
$430,000 $309 3 bd / 2 ba 1,391 sqft , 2026-06-02
5104 Acorn Cv
Woodland Oaks
$430,000 $242 2 bd / 2 ba 1,778 sqft , 2026-06-21

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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