Active Listing  ·  40 days on market

7516 Windrush Dr

Austin, TX 78729
$549,000
4 Bed 3 Bath 2,884 sqft $190/sqft Built 1990 0.12 acres 2-Car Garage Pool Milwood

This move-in ready and updated home features new paint and flooring, quick access to trails, and refreshed bathrooms! A morning stroll on the Rattan Creek trail starts just a few doors down from this 4-bedroom, 2.5-bathroom Milwood two-story. The moment you walk through the front door, your eyes go straight up; the entryway ceilings soar to the second floor, creating an immediate welcome that opens into the formal living and dining spaces. Beyond the soaring entryway ceilings, the first floor enjoys 9 foot ceilings throughout. Updated luxury vinyl plank flooring flows across the entire main level, along with refreshed interior paint. While the front of the home offers a quiet space to decompress, read, or enjoy a more formal dinner, the back of the house is where everyone ends up. This open-concept zone pulls the main living area, breakfast space, and kitchen into one shared experience. A fireplace centers the living room, but the real draw is the wide wall of windows looking out to the yard. The breakfast area sits comfortably in the middle, transitioning into a kitchen packed with wood cabinetry, stainless appliances, and ample storage. Because this entire back wing faces the private backyard, you can cook or relax while keeping an eye on the patio and treehouse outside. Upstairs, the layout shifts to privacy. All four bedrooms surround a central game room, which acts as a great buffer between the rooms. The primary bedroom feels incredibly spacious, shaped by a high vaulted ceiling and an ensuite bath with a dual vanity, soaking tub, step-in shower, and TWO walk-in closets. Living here means access to the private Rattan Creek neighborhood pool, sports courts, and shaded greenbelt trails are part of your weekly routine. The Round Rock ISD location keeps life incredibly convenient, putting you less than 10 minutes from the Apple campus, the Domain, Parmer Lane, and US-183.

At $190/sqft, this home is 51% 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 Windrush Dr, Austin, TX 78729

Property Details

Price $549,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,884 sqft
Lot Size 0.12 acres (5,296.9 sqft)
Year Built 1990
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Milwood
County Williamson
Zip Code 78729
$/sqft $190/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,898.2
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237592810
List Date June 25, 2026
Elementary School Pond Springs
Middle School Deerpark
High School McNeil
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 25, 2026 $584,000
Previous ask $569,000
Current ask $549,000
Reduced $35,000 (-6.0%) 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
118 Perpetuation Dr
Vistas At Lakeway Condo
$549,000 $224 3 bd / 3 ba 2,448 sqft , 2026-03-13
13109 Sinton Ln
Milwood Sec 22
$549,000 $243 3 bd / 3 ba 2,259 sqft , 2026-05-22
12901 Partridge Bend Dr
Hunters Chase Sec 07 Amd Pt Amd
$549,000 $225 4 bd / 2 ba 2,436 sqft , 2026-06-26
1315 Quail Park Dr
Quail Creek Ph 02 Sec 01
$549,900 $274 4 bd / 3 ba 2,006 sqft , 2026-03-04
8109 Peerless Pass
Skyline 2D Ph 3
$549,900 $228 4 bd / 4 ba 2,407 sqft , 2026-04-28

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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (~2.1% TX avg)−$961
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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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