Active Listing  ·  19 days on market

7702 Wynne Ln

Austin, TX 78745
$650,000
4 Bed 2 Bath 1,803 sqft $361/sqft Built 1991 0.42 acres Pool Brownleaf Estates

Set on an expansive 0.42-acre lot in the heart of South Austin, this four-bedroom, two-bath residence offers a rare opportunity to create a true urban farmstead while enjoying the comfort of a fully modernized home. The existing structure has been taken down to the studs and rebuilt through a comprehensive, fully permitted remodel, with all major systems recently updated, providing a solid foundation for immediate living. Zoned SF3, the property invites future development, whether that means adding additional structures, guest quarters, studios, or thoughtfully expanding the homestead over time. With ample land for gardens, orchards, chickens, or outdoor gathering spaces, this property blends the freedom of acreage with the convenience of city living. A compelling canvas for those seeking space, sustainability, and long-term potential, all just minutes from South Austin’s dining, culture, and energy.

At $361/sqft, this home is 8% 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

7702 Wynne Ln, Austin, TX 78745

Property Details

Price $650,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,803 sqft
Lot Size 0.42 acres (18,295.2 sqft)
Year Built 1991
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Brownleaf Estates
County Travis
Zip Code 78745
$/sqft $361/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,302.06
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242479594
List Date August 5, 2026
Elementary School Casey
Middle School Bedichek
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.

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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
7906 Keneshaw Dr
SOUTHWEST OAKS SEC 1
$639,000 $352 4 bd / 3 ba 1,816 sqft , 2026-06-26
7402 Gaines Mill Ln
Southwest Oaks Ph 02
$635,000 $311 3 bd / 2 ba 2,042 sqft , 2026-07-14
2706 Grennock Dr
Cherry Creek Ph 04 Sec 02
$625,000 $423 3 bd / 2 ba 1,479 sqft , 2026-07-24
9110 Chisholm Ln
Western Rdg Estates 11-B
$675,000 $447 3 bd / 2 ba 1,510 sqft , 2026-06-13
7807 Keswick Dr
Cherry Creek Ph 07 Sec 03
$619,900 $346 3 bd / 2 ba 1,790 sqft , 2026-05-09

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
$3,120/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
$130,000
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (~2.1% TX avg)−$1,138
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,836

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 August 16, 2026.

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