Active Listing  ·  102 days on market

7705 Wynne Ln

Austin, TX 78745
$199,000
3 Bed 2 Bath 1,232 sqft $162/sqft Built 2003 0.29 acres Pool Brownleaf Estates

Opportunity knocks in the heart of South Austin! This property is truly a contractor’s dream and is ready for your vision and creativity. Situated on a spacious lot in an established neighborhood, this home offers endless potential for renovation, expansion, or a complete transformation. The home needs significant TLC and is being sold as-is, making it an ideal project for investors, builders, or buyers looking to customize a home to their exact specifications. With solid bones and a desirable location, this property presents a rare chance to create value in one of Austin’s most sought-after areas. Conveniently located near major roads, shopping, dining, and just minutes from downtown, the possibilities here are endless. Bring your tools, your imagination, and turn this diamond in the rough into something truly special!

At $162/sqft, this home is 59% 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

7705 Wynne Ln, Austin, TX 78745

Property Details

Price $199,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,232 sqft
Lot Size 0.29 acres (12,845.84 sqft)
Year Built 2003
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Brownleaf Estates
County Travis
Zip Code 78745
$/sqft $162/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,947.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227601964
List Date April 24, 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.

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
6804 N Capital Of Texas Hwy #812
Pointe 360 Condominiums
$199,000 $186 2 bd / 2 ba 1,072 sqft , 2025-07-17
1015 E Yager Ln #2
Coppertree Condo Ph I
$199,000 $223 2 bd / 2 ba 891 sqft , 2026-06-24
1015 E Yager Ln #84
Coppertree Condo Ph I
$199,000 $198 2 bd / 2 ba 1,004 sqft , 2026-07-30
11901 Swearingen Dr #110
Reflections Of Walnut Creek III
$199,900 $241 2 bd / 2 ba 829 sqft , 2026-08-02
1411 N Gracy Farms Ln N #100
Reflections Of Walnut Creek Ii
$199,990 $192 2 bd / 3 ba 1,042 sqft , 2025-10-28

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
$955/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
$39,800
20% conventional investment loan

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

Estimated Gross Rent+$955
Principal + Interest−$1,086
Property Tax (~2.1% TX avg)−$348
Insurance (~0.5%)−$83
Est. Monthly Cash Flow $-562

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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