Active Listing  ·  530 days on market

7541 Redrick Dr

Austin, TX 78747
$349,900
4 Bed 3 Bath 2,761 sqft $127/sqft Built 2002 0.18 acres 2-Car Garage Pool Springfield Ph B Sec 02

**** Ask about our No Down-Payment, No Closing Cost Promo! *****

Spacious & Updated 4-Bedroom Home on a Corner Lot in South Austin!

Welcome to 7541 Redrick Dr, a beautifully remodeled 4-bedroom, 2.5-bathroom home nestled in the highly sought-after Springfield community in South Austin. With 2,761 sq. ft. of living space, this home offers multiple living and dining areas, updated flooring and countertops, and a private backyard—perfect for modern living!

4 Bedrooms | 2.5 Bathrooms | 2,761 Sq. Ft.

Key Features:

Spacious open floor plan with multiple living & dining areas

Updated kitchen with a center island, breakfast bar, pantry, & ample storage

Large primary suite upstairs with ensuite bath

Newer flooring, fresh updates, and modern touches throughout

Private fenced backyard on a corner lot—great for entertaining!

Attached 2-car garage & driveway for extra parking

NEW Roof

Prime Location:

Easy access to I-35, Hwy 183 & 130—commute to downtown Austin in minutes!

Close to shopping, dining, and entertainment

Zoned to Austin ISD – Palm Elementary, Paredes Middle, Akins High

At $127/sqft, this home is 68% 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

7541 Redrick Dr, Austin, TX 78747

Property Details

Price $349,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,761 sqft
Lot Size 0.18 acres (7,666.56 sqft)
Year Built 2002
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Springfield Ph B Sec 02
County Travis
Zip Code 78747
$/sqft $127/sqft
Days on Market ,
HOA $250/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT192033197
List Date March 13, 2025
Elementary School Palm
Middle School Paredes
High School Akins
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 →

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
8007 Bramble Bush Dr
Bend At Nuckols Crossing Ph 01
$350,000 $127 4 bd / 3 ba 2,761 sqft , 2026-08-07
8704 Panadero Dr
Sheldon 230 Sec 01 Ph 01
$354,000 $135 5 bd / 3 ba 2,622 sqft , 2026-06-09
8817 Whitter Dr #B
Goodnight Ranch
$345,000 $187 3 bd / 3 ba 1,844 sqft , 2026-06-04
8716 Whitter Dr #A
Goodnight Ranch
$342,500 $186 3 bd / 3 ba 1,840 sqft , 2026-08-21
8716 Whitter Dr #B
Goodnight Ranch
$342,500 $186 3 bd / 3 ba 1,840 sqft , 2026-08-21

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
$1,680/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
$69,980
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$612
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-988

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 July 19, 2026.

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