About This Home

Welcome to the Karaoke Zen Meadows House! It is a brand new home built in 2020! 2 car garage. 2 story with large primary bed and bath, upstairs has its own living room. Fully furnished for $3k/mo with professional karaoke system, 3 smart Tv's, sound bar, snow cone maker. Community swimming pool. Close to the freeway, 16 mins to downtown, 20 to domain. Super close to Samsung.

At $201/sqft, this home is 49% 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

7516 Saginaw Dr, Austin, TX 78754

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Property Details

Price $375,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,864 sqft

Lot Size 0.11 acres (4,974.55 sqft)

Year Built 2019

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Bellingham Mdws Ph 2 Sec 2

County Travis

Zip Code 78754

$/sqft $201/sqft

Days on Market ,

HOA $585/Annually

Annual Tax Est. $8,390.27

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT228112253

List Date April 29, 2026

Elementary School Bluebonnet Trail

Middle School Decker

High School Manor

School District ,

Have Questions About This Property?

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

405 Thistlewood Dr
Community Fairview Sec 04 $375,000 $184 4 bd / 2 ba 2,037 sqft , 2025-12-13

102 Skyloop Dr
Buckingham Ridge Sec 01 $375,000 $262 3 bd / 2 ba 1,433 sqft , 2026-03-26

12903 Steeple Chase Dr
Milwood Sec 28 $375,000 $216 4 bd / 3 ba 1,740 sqft , 2026-04-18

2306 Alimony Cv
Scofield Farms Ph 02 Sec 01 $375,000 $272 3 bd / 2 ba 1,377 sqft , 2026-04-13

9314 Cattle Baron Path
Goodnight Ranch $375,000 $245 3 bd / 3 ba 1,533 sqft , 2025-12-03

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

$1,800/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

$75,000

20% conventional investment loan

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

Estimated Gross Rent+$1,800

Principal + Interest−$2,047

Property Tax (~2.1% TX avg)−$656

Insurance (~0.5%)−$156

Est. Monthly Cash Flow $-1,059

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

7516 Saginaw Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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