About This Home

Located right next to Easton Park with a lower tax rate, this former model home offers 3 bedrooms, 3 bathrooms, a functional downstairs layout, and a large upstairs flex space. Enjoy upgraded appliances, thoughtful designer features, no carpet downstairs, and quick access to all the new shopping, dining, and retail coming to Easton Park.

At $189/sqft, this home is 52% 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

7801 Song Sparrow Dr, Austin, TX 78744

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Property Details

Price $360,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,908 sqft

Lot Size 0.18 acres (8,028.11 sqft)

Year Built 2021

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Villas at McKinney Crossing

County Travis

Zip Code 78744

$/sqft $189/sqft

Days on Market ,

HOA $960/Annually

Annual Tax Est. $8,430.17

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT240569738

List Date July 20, 2026

Elementary School Hillcrest

Middle School Ojeda

High School Del Valle

School District ,

Have Questions About This Property?

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 20, 2026 $389,000

Previous ask $379,000

Current ask $360,000

▼ Reduced $29,000 (-7.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

8107 Leroi Dr #258
Ep Residential Condos $354,990 $247 2 bd / 2 ba 1,437 sqft , 2026-07-10

6913 Sabrina Dr
Springfield Ph C $350,000 $215 3 bd / 2 ba 1,626 sqft , 2026-06-16

7406 Travertine Spring Dr
Easton Park $350,000 $197 3 bd / 3 ba 1,776 sqft , 2026-07-30

7903 Bixler Dr
Yarrabee Bend South Sec 01 $349,500 $205 4 bd / 3 ba 1,702 sqft , 2026-07-23

8111 Springsteen Dr
Easton Park $341,990 $238 2 bd / 2 ba 1,437 sqft , 2026-03-09

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

$1,728/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

$72,000

20% conventional investment loan

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

Estimated Gross Rent+$1,728

Principal + Interest−$1,965

Property Tax (~2.1% TX avg)−$630

Insurance (~0.5%)−$150

Est. Monthly Cash Flow $-1,017

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

About the Author

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 24, 2026.

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

7801 Song Sparrow Dr