Active Listing  ·  40 days on market

7826 Wheel Rim Cir

Austin, TX 78749
$684,900
3 Bed 3 Bath 2,266 sqft $302/sqft Built 1992 0.22 acres 2-Car Garage Pool Village At Western Oaks 08

Beautifully remodeled & fully permitted by a custom builder, this exceptional home blends thoughtful design, elevated finishes, and everyday functionality in one of South Austin’s most desirable locations. With three distinct living areas, an upstairs laundry room, spacious secondary bedrooms, and a private backyard, the home offers the flexibility and comfort of modern living demands. At the heart of the home, the stunning kitchen features custom cabinetry, stainless appliances, a refrigerator, under-counter built in microwave, breakfast bar, and a farmhouse sink with a Moen smart faucet overlooking the backyard. The primary suite is a true retreat, featuring floor-to-ceiling windows, a custom walk-in closet, and a luxurious & relaxing en suite bath offering dual vanities, a second walk-in closet, dedicated linen storage, a private water closet, soaking tub, and an oversized walk-in shower. Step outside to enjoy the spacious, private backyard, offering a ideal setting for morning coffee, entertaining, or play. Nature is just steps away, with the Latta Branch Greenbelt located at the end of the street and quick access to Violet Crown Trail. Outdoor recreation is exceptionally convenient, with Dick Nichols District Park just one mile away. This incredible neighborhood destination features a pool, playground, tennis, basketball & pickleball courts, sand volleyball, picnic areas, a splash pad, and serene concrete walking trails. The location also puts you close to some of South Austin’s best shopping and dining at The Shops at Arbor Trails, including Costco, Whole Foods, and an abundance of restaurants, as well as the shopping and amenities of Sunset Valley. With easy access to Mopac, commuting to Downtown Austin is a breeze, while Dripping Springs and the Hill Country are also within easy reach. Custom craftsmanship, designer finishes, exceptional outdoor access, and an unbeatable South Austin location—this one truly checks all the boxes.

At $302/sqft, this home is 23% 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

7826 Wheel Rim Cir, Austin, TX 78749

Property Details

Price $684,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,266 sqft
Lot Size 0.22 acres (9,422.03 sqft)
Year Built 1992
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Village At Western Oaks 08
County Travis
Zip Code 78749
$/sqft $302/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,343
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244751249
List Date August 30, 2026
Elementary School Mills
Middle School Small
High School Bowie
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 · August 30, 2026 $699,900
Previous ask $699,899
Current ask $684,900
▼ Reduced $15,000 (-2.1%) 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
8610 Axis Dr
Deer Park At Maple Run Sec 10
$689,000 $253 4 bd / 3 ba 2,718 sqft , 2026-04-30
9009 Lantana Way
Village At Western Oaks
$679,000 $294 3 bd / 2 ba 2,311 sqft , 2026-07-23
6112 Jumano Ln
Legend Oaks Sec 07
$675,000 $352 3 bd / 2 ba 1,917 sqft , 2026-09-02
5210 Crooked Oak Cv
WESTERN OAKS
$695,000 $280 4 bd / 2 ba 2,479 sqft , 2026-09-18
7600 Orrick Dr
Legend Oaks Sec 06
$659,000 $257 4 bd / 3 ba 2,560 sqft , 2026-07-29

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
$3,288/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
$136,980
20% conventional investment loan

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

Estimated Gross Rent+$3,288
Principal + Interest−$3,738
Property Tax (~2.1% TX avg)−$1,199
Insurance (~0.5%)−$285
Est. Monthly Cash Flow $-1,934

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 October 6, 2026.

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