About This Home

Amazing location with easy access to 71, 290 and Mopac! Large cul-de-sac lot with extra gated parking for an RV or boat. The lot extends further past the back fence with no neighbors directly behind. It feels like you are living in the country with no HOA! This home has been an income property for the past several years. It is great as is, but also has SO much potential. This is what you call "good bones".

At $273/sqft, this home is 30% 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

7505 Hill Meadow Cir, Austin, TX 78736

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Property Details

Price $525,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths 1

Living Area 1,920 sqft

Lot Size 0.36 acres (15,786.14 sqft)

Year Built 1977

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Scenic Brook West Sec 01

County Travis

Zip Code 78736

$/sqft $273/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $10,228.91

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT243350866

List Date August 13, 2026

Elementary School Patton

Middle School Small

High School Bowie

School District ,

Have Questions About This Property?

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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

6227 Aviara Dr #E3
Aviara Condo $544,900 $212 4 bd / 3 ba 2,574 sqft , 2026-04-23

6823 Wolfcreek Pass #6
Wedgewood Sec 01 $549,900 $260 3 bd / 4 ba 2,116 sqft , 2024-03-15

6920 Scenic Brook Dr
Scenic Brook West Sec 01 $550,000 $278 4 bd / 2 ba 1,978 sqft , 2026-09-04

6610 Debcoe Dr
Shadowridge Crossing Sec 02 $569,500 $299 3 bd / 2 ba 1,902 sqft , 2026-09-04

6825 Wolfcreek Pass #3
Alder $574,900 $272 3 bd / 4 ba 2,116 sqft , 2026-03-18

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

$2,520/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

$105,000

20% conventional investment loan

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

Estimated Gross Rent+$2,520

Principal + Interest−$2,865

Property Tax (~2.1% TX avg)−$919

Insurance (~0.5%)−$219

Est. Monthly Cash Flow $-1,483

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

About the Author

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 7, 2026.

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

7505 Hill Meadow Cir

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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