Active Listing  ·  152 days on market

7716 Waldon Dr

Austin, TX 78750
$850,000
3 Bed 3 Bath 2,025 sqft $420/sqft Built 1997 0.27 acres 2-Car Garage Pool Lakewood Sec 05-B

Enjoy stunning views of the Balcones Canyonland Preserve from nearly every room in this beautiful 3-bedroom, 3-bath home. Hardwood floors run throughout, an additional room prefect for a dedicated office or study, and the inviting living area features a cozy fireplace with abundant natural light. The kitchen offers granite countertops, built in appliances and dual pantries, with a second floor including upgraded larger air ducts for improved comfort. Step outside to a gorgeous two-level deck—perfect for relaxing or entertaining while enjoying the peaceful surroundings. Additional features include a automatic Hunter sprinkler system. Residents have access to the community amenities center with pool, tennis and basketball courts, playground, and clubhouse, along with green space and hiking trails throughout the neighborhood. A perfect blend of nature, comfort, and community living.

At $420/sqft, this home is priced 7% 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

7716 Waldon Dr, Austin, TX 78750

Property Details

Price $850,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,025 sqft
Lot Size 0.27 acres (11,774.27 sqft)
Year Built 1997
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lakewood Sec 05-B
County Travis
Zip Code 78750
$/sqft $420/sqft
Days on Market ,
HOA $707/Annually
Annual Tax Est. $15,690.69
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221361253
List Date March 5, 2026
Elementary School Hill
Middle School Murchison
High School Anderson
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
4803 Philco Dr
Park Forest Sec 01
$850,000 $345 3 bd / 3 ba 2,463 sqft , 2025-11-06
3302 Goodwin Ave #A
GOODWIN
$850,000 $391 3 bd / 3 ba 2,172 sqft , 2026-04-11
4101 Menchaca Rd #205
4101 Menchaca
$850,000 $470 3 bd / 4 ba 1,809 sqft , 2026-05-13
9803 Ribelin Ranch Ct #6
Vue/2222 Condos
$850,000 $358 4 bd / 4 ba 2,377 sqft , 2026-06-12
100 W Odell St #1
Bills Add Sec 01
$850,000 $408 3 bd / 4 ba 2,084 sqft , 2026-06-20

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
$4,080/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
$170,000
20% conventional investment loan

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

Estimated Gross Rent+$4,080
Principal + Interest−$4,639
Property Tax (~2.1% TX avg)−$1,488
Insurance (~0.5%)−$354
Est. Monthly Cash Flow $-2,401

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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