Active Listing  ·  48 days on market

7505 Sugar Magnolia St

Austin, TX 78757
$425,000
2 Bed 3 Bath 1,121 sqft $379/sqft Built 2015 0.05 acres 2-Car Garage Pool CRESTVIEW TOWNHOMES

Welcome to Crestview Townhomes, one of Central Austin's most desirable lock & leave communities! Very rare combination of having very low HOA dues, 2 car garage/carport & peaceful backyard space! This beautifully maintained home offers the perfect blend of modern style, low-maintenance living & an unbeatable location. Inside, you'll find gorgeous hardwood floors thruout, wood stair railing, SS appliances, floating shelves, Granite counters, hanging pot rack, a spacious island w breakfast bar seating & energy-efficient features like low e double paned windows that bring in lots of natural light. The primary suite features double granite vanities, WIS & big WIC! The loft at the top of the stairs is a perfect office or sitting area. Another stand out feature is the expansive green space directly in front of the home, a rare & highly sought-after benefit that only a select number of homes in the community enjoy. Whether relaxing w a morning coffee or enjoying time outdoors, this open setting creates a unique sense of space & privacy &upfront open parking! Crestview offers exceptional amenities incl: multiple parks, playgrounds, table tennis, bocce ball, grilling stations& a dedicated dog park. The HOA maintains the front& back yards &common areas, covering insurance & maintenance, allowing residents to enjoy a true lock&leave lifestyle w minimal upkeep. Located in the heart of Austin's highly sought-after Crestview area, you'll love the convenience of walking to the MetroRail for quick access to DT Austin, the University of Texas & major employment centers. Enjoy nearby neighborhood favorites along Burnet Road & Anderson Lane, featuring an incredible selection of local, yummy restaurants, coffee shops, breweries, boutique shopping & entertainment. Easy access to Mopac,183 & major employers, including Apple, Dell, Samsung &The Domain, makes this an ideal place to live, work & play. Experience the best of Central Austin living in a vibrant community that truly has it all!

At $379/sqft, this home is 3% 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

7505 Sugar Magnolia St, Austin, TX 78757

Property Details

Price $425,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,121 sqft
Lot Size 0.05 acres (2,339.17 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision CRESTVIEW TOWNHOMES
County Travis
Zip Code 78757
$/sqft $379/sqft
Days on Market ,
HOA $159/Monthly
Annual Tax Est. $9,272
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232561094
List Date June 17, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
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 · June 17, 2026 $449,000
Current ask $425,000
Reduced $24,000 (-5.3%) 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
6300 Merriwood Dr
Flournoys Sweetbriar Sec 11
$425,000 $287 3 bd / 2 ba 1,481 sqft , 2025-12-28
641 W 31st 1/2 St
Kings Row Condo
$425,000 $422 2 bd / 2 ba 1,008 sqft , 2026-03-20
1615 E 7th St #208
1615 East 7th Condos
$425,000 $416 1 bd / 1 ba 1,022 sqft , 2026-02-24
2216 Thornton Rd #431
Carriage Park Condo
$425,000 $355 1 bd / 1 ba 1,196 sqft , 2026-04-04
3311 Hollywood Ave
University Park
$425,000 $496 1 bd / 1 ba 856 sqft , 2026-02-06

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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 →

Neighborhood Context

About Crestview

Crestview has emerged over the past decade as one of Central Austin's best value stories - a neighborhood of genuine mid-century character that offers more home for the money than adjacent Hyde Park or Rosedale, while sharing many of the same location advantages. The neighborhood sits north of 45th Street between Lamar and Burnet Road, placing it equidistant between downtown Austin and the Domain tech corridor.

The commercial corridors bordering Crestview are some of North Austin's most interesting. Burnet Road to the west has become one of Austin's hippest streets - Epoch Coffee, the Violet Crown Social Club, 24 Diner, and dozens of bars and restaurants that have transformed the strip over the past decade. The neighborhood attracts a mix of young families, professionals in their 30s and 40s, and buyers who want mid-century architecture without the premium of Hyde Park or Rosedale.

🏠
Mid-Century Architecture

A high concentration of intact 1950s ranch homes and mid-century modern designs. Original details - terrazzo floors, clerestory windows, open beams - are common in well-preserved examples.

🍺
Burnet Road Corridor

One of Austin's most dynamic commercial strips runs along the neighborhood's western edge. Epoch Coffee, Violet Crown Social Club, 24 Diner, and dozens more restaurants and bars within easy walking or biking distance.

💰
Best Value in Central Austin

Crestview consistently offers lower prices per square foot than Hyde Park, Rosedale, or Tarrytown for comparable central location and school quality. The gap has been closing - buyers who moved in early have seen exactly this play out.

🎓
McCallum High School

McCallum's Fine Arts Academy is one of AISD's most distinctive programs - a magnet school known for music, theater, and visual arts that draws students from across the district. A genuine asset for families with creative kids.

Full Crestview Guide →

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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