Active Listing  ·  15 days on market

7709 Evaline Ln

Austin, TX 78745
$645,000
3 Bed 3 Bath 1,605 sqft $402/sqft Built 1980 0.19 acres 2-Car Garage Pool Southampton Hills

Perched atop a hill on quiet Evaline Lane, this beautifully remodeled three-bedroom, three-bath home offers elevated South Austin living with lovely green views & a southwest-facing backyard designed to capture the sunset. European white oak flooring, a modernized fireplace, & a beautifully appointed kitchen with a five-burner gas range & stainless steel appliances bring style & function to the interior. The oversized backyard features a generous deck, creating an ideal setting for entertaining or unwinding at the end of the day. A third bedroom has been thoughtfully converted into a home office with custom built-ins & shelving, perfectly suited to today’s work-from-home lifestyle. Located in Southampton Hills with easy access to Brodie Lane & William Cannon Drive, this home combines a peaceful neighborhood setting with convenient access to South Austin.

At $402/sqft, this home is priced 3% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

7709 Evaline Ln, Austin, TX 78745

Property Details

Price $645,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,605 sqft
Lot Size 0.19 acres (8,193.64 sqft)
Year Built 1980
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Southampton Hills
County Travis
Zip Code 78745
$/sqft $402/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,427
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242283675
List Date September 23, 2026
Elementary School Boone
Middle School Covington
High School Crockett
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
6701 Rearden Rd
Western Hills At Cherry Creek
$649,000 $404 4 bd / 2 ba 1,607 sqft , 2026-07-14
3203 Western Dr
Western Hills At Cherry Creek
$649,900 $390 3 bd / 2 ba 1,666 sqft , 2026-09-25
7906 Keneshaw Dr
SOUTHWEST OAKS SEC 1
$629,000 $346 4 bd / 3 ba 1,816 sqft , 2026-06-26
6304 Cannes Cir
Cherry Creek Ph 06 Sec 02 Amd
$599,000 $401 3 bd / 2 ba 1,495 sqft , 2026-09-11
2603 Burly Oak Dr
Cherry Creek
$599,000 $389 4 bd / 3 ba 1,538 sqft , 2026-10-06

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
$3,096/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
$129,000
20% conventional investment loan

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

Estimated Gross Rent+$3,096
Principal + Interest−$3,520
Property Tax (~2.1% TX avg)−$1,129
Insurance (~0.5%)−$269
Est. Monthly Cash Flow $-1,822

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 September 28, 2026.

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