Active Listing  ·  80 days on market

7805 Wakefield Dr

Austin, TX 78749
$415,000
3 Bed 2 Bath 1,354 sqft $306/sqft Built 1981 0.19 acres 2-Car Garage Pool Woodstone Village Sec 03

Boasting a generous 1354 square feet of living space on a level 0.19-acre lot, the welcoming facade, a blend of brick and cement siding, is framed by mature trees and verdant landscaping, creating picturesque curb appeal. A private yard, enclosed with wood fencing, offers a serene escape with mature blooming trees and a charming brick patio, ideal for outdoor relaxation. The interior features an entryway leading into a spacious living area with vaulted ceilings and classic brick fireplace, perfect for cozy evenings. The well-equipped kitchen provides stainless steel appliances, including a dishwasher & gas range complemented by abundant cabinetry and practical tile flooring. French doors from the dining area provide direct outdoor access, enhancing the flow for entertaining. Bedrooms offer comfort with tile flooring & ceiling fans, while bathrooms feature practical tile, built-in features, granite counters, and custom vanity in the primary bath. The functional utility space includes washer and dryer connections with tiled flooring. A two-car garage with a garage door opener and a blend of concrete and gravel driveway ensures ample parking. This home thoughtfully combines comfortable living with delightful outdoor spaces in a desirable Austin location. 2nd Garage Space, Heated & Cooled, separated and set up for Home Business/Office perfect for Your Home Business!(Can also be easily reverted back to a regular garage space!) Beautifully Xeriscaped Private Back Yard features Children's Playscape, Storage Shed and Plenty of Shade beneath Majestic ~400 Year Old Tree, backing to Greenbelt. Meticulous Owner's have spent ~$150K Updating Home with Beneficial & Energy Efficient Features throughout. Pride of Ownership REALLY shows!! Schedule Your Showing today- Welcome Home to 7805 Wakefield Dr., just Minutes from ample Shopping, Dining, Downtown ATX, Lakes, & More! PLUS THIS SPECIAL PROPERTY QUALIFIES FOR A GRANT & DOWN PAYMENT ASSISTANCE PROGRAM & RATE BUY-DOWN PROGRAMS!

At $306/sqft, this home is 22% 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

7805 Wakefield Dr, Austin, TX 78749

Property Details

Price $415,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,354 sqft
Lot Size 0.19 acres (8,446.28 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Woodstone Village Sec 03
County Travis
Zip Code 78749
$/sqft $306/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,777
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238738094
List Date July 5, 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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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 5, 2026 $440,000
Previous ask $420,000
Current ask $415,000
Reduced $25,000 (-5.7%) 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
7906 Wycombe Dr
Woodstone Village Sec 01
$420,000 $310 3 bd / 2 ba 1,353 sqft , 2026-06-18
3303 Plantation Rd
Oak Plantations
$420,000 $403 3 bd / 1 ba 1,043 sqft , 2026-09-14
8001 Willet Trl
Cherry Creek
$425,000 $306 3 bd / 2 ba 1,388 sqft , 2026-09-10
4613 MOLERA Dr
MAPLE RUN SEC 7 B
$428,000 $302 3 bd / 2 ba 1,416 sqft , 2026-08-28
3411 Thomas Kincheon St
Oak Plantations
$399,999 $384 3 bd / 1 ba 1,042 sqft , 2026-05-07

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
$1,992/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
$83,000
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,265
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,172

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 21, 2026.

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