Active Listing  ·  13 days on market

7689 Delwau Ln

Austin, TX 78725
$999,990
2 Bed 3 Bath 1,500 sqft $667/sqft Built 2005 1.14 acres Pool Waterfront Rayviva Price Acres

Discover a property unlike any other at 7689 Delwau Lane on 1.14 acres between Delwau Lane & Boggy Creek in east Austin. This hidden retreat offers rare privacy & natural beauty minutes from city amenities. The primary home sits high on the bluff w/commanding views of the lowlands, mature trees, and Boggy Creek, while a charming stone cottage rests at the foot of the bluff. Both have been substantially remodeled w/long-term reliability in mind.

Key improvements include remodeled kitchen & shower, drainage work, foundation stabilization (transferable lifetime warranty on the cottage), roof/siding repairs, new gutters/drainage, HVAC maintenance, quarterly pest prevention, upgraded doors/windows, & water infiltration repairs. The grounds feature cleared overgrowth, retaining walls, & established fruit trees: fig, pear, plum, peach, pomegranate.

Direct access to Boggy Creek banks—with the southern border in the creek—allows launching a kayak for a short paddle to the Colorado River southeast of Pleasant Valley. Wildlife roams grassy fields amid mature trees in this secluded setting. Nearby Walnut Creek Trail offers biking/walking; a future 68-acre park will add more recreation. Lowlands are partially in the 100-year flood plain; the stone cottage is not.

The primary home is a successful Airbnb, sold fully furnished with appliances, window treatments, smoke/CO detectors, Starlink internet, & 240V EV charging at both homes—ready for immediate rental or personal use. The owner resides in the cottage. Enjoy an open floor plan, chef’s kitchen w/high-end appliances/quartz island, two en-suite bedrooms, floor-to-ceiling windows w/views, & large deck.

Under 15 minutes to downtown, <10 minutes to the airport, near Highway 183, & 10 minutes to Holly District dining. Delwau Lane is a quiet street w/limited homes. Flexible for primary residence w/guest house, multigenerational living, income production, or peaceful nature escape. A true rural retreat in the heart of Austin.

At $667/sqft, this home is priced 71% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

7689 Delwau Ln, Austin, TX 78725

Property Details

Price $999,990
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,500 sqft
Lot Size 1.14 acres (49,789.08 sqft)
Year Built 2005
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Rayviva Price Acres
County Travis
Zip Code 78725
$/sqft $667/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $13,023.3
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT240849664
List Date July 22, 2026
Elementary School Ortega
Middle School Martin
High School Eastside Early College
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
1007 E 15th St #3
1007 East 15th Condominiums
$1,000,000 $506 3 bd / 4 ba 1,977 sqft , 2026-07-16
1325 Bonham Ter #C
Travis Heights
$999,900 $557 3 bd / 3 ba 1,794 sqft , 2026-04-03
1201 W 39th 1/2 St #B
Dunn Add
$999,000 $566 3 bd / 4 ba 1,766 sqft , 2026-05-07
555 E 5th St #2826
Five Fifty 05 Condo Amd
$995,000 $684 2 bd / 2 ba 1,454 sqft , 2026-03-25
5511 Joe Sayers Ave #A
Broadacres
$995,000 $513 3 bd / 3 ba 1,940 sqft , 2026-05-08

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
$4,800/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
$199,998
20% conventional investment loan

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

Estimated Gross Rent+$4,800
Principal + Interest−$5,457
Property Tax (~2.1% TX avg)−$1,750
Insurance (~0.5%)−$417
Est. Monthly Cash Flow $-2,824

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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