Active Listing  ·  208 days on market

7705 Shelton Rd

Austin, TX 78725
$875,000
3 Bed 2 Bath 1,689 sqft $518/sqft Built 1968 1.33 acres 2-Car Garage Pool Waterfront Burleson

A rare riverfront opportunity in Austin—offering 1.33 acres of extraordinary land with endless potential. With direct Colorado River frontage on one side and Boggy Creek access on the other, this expansive lot provides a unique canvas to create the riverfront retreat you’ve always envisioned, all just minutes from downtown.

The existing single-story home, built in 1968 with bricks repurposed from the historic Avenue Hotel on Congress (circa 1870), offers timeless character and the chance to modernize or rebuild to suit your vision. Whether you choose to preserve its charm, expand the footprint, or design a completely custom estate, the surrounding natural beauty provides an unmatched backdrop.

Imagine kayaking from your backyard, hosting gatherings along the water, or simply relaxing to the peaceful sounds of the river. This property combines serenity with convenience - offering an easy commute to downtown while feeling worlds away.

Opportunities like this -large, private, riverfront acreage so close to the heart of Austin - rarely come to market. Create something truly exceptional here. Schedule your private tour today to explore the possibilities.

At $518/sqft, this home is priced 32% 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

7705 Shelton Rd, Austin, TX 78725

Property Details

Price $875,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,689 sqft
Lot Size 1.33 acres (57,934.8 sqft)
Year Built 1968
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Burleson
County Travis
Zip Code 78725
$/sqft $518/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $3,856.51
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT215732789
List Date January 8, 2026
Elementary School Govalle
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
3905 Vantage Dr
The Grove
$875,000 $408 4 bd / 4 ba 2,144 sqft , 2026-03-03
3500 Harmon Ave #7
Austin Modern Lofts Condos
$875,000 $429 3 bd / 4 ba 2,040 sqft , 2026-04-30
610 Davis St #2508
The Modern Austin Residences
$875,000 $745 2 bd / 2 ba 1,174 sqft , 2026-05-21
3814 Ridgelea Dr #A
Ridgelea Court
$875,000 $438 3 bd / 3 ba 2,000 sqft , 2026-05-22
1610 Willow St
Riverside
$875,000 $745 4 bd / 3 ba 1,175 sqft , 2026-06-10

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
$4,200/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
$175,000
20% conventional investment loan

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

Estimated Gross Rent+$4,200
Principal + Interest−$4,775
Property Tax (~2.1% TX avg)−$1,531
Insurance (~0.5%)−$365
Est. Monthly Cash Flow $-2,471

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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