Active Listing  ·  5 days on market

7924 Ridgeline N None N

Austin, TX 78731
$500,000
3 Bed 2 Bath 1,646 sqft $304/sqft Built 1978 0.12 acres 2-Car Garage Pool Trails Ph 01B

Rare to come to market in The Trails, a townhome community: a 3 bedroom, single story, detached, on one of 3 cul-de-sacs with guest parking. Well kept over the years. Priced to allow new owner to customize and most have been done. Reasonable HOA dues. Parklike community and perfect for walking. Peaceful and friendly. Delightful pool, community. Just some highlights of what is within short walking distance: grocery, gas station, restaurants, daycares, Vet, cleaners, UPS, drug store, churches, Anderson H.S. Doss is elementary.

At $304/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

7924 Ridgeline N None N, Austin, TX 78731

Property Details

Price $500,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,646 sqft
Lot Size 0.12 acres (5,370.95 sqft)
Year Built 1978
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Trails Ph 01B
County Travis
Zip Code 78731
$/sqft $304/sqft
Days on Market ,
HOA $195/Monthly
Annual Tax Est. $9,183.83
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243593591
List Date August 19, 2026
Elementary School Doss (Austin ISD)
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
8113 East Ct
Forest Mesa/Villa Serena
$520,000 $294 2 bd / 2 ba 1,769 sqft , 2026-05-13
8211 Greenslope Dr
Summer Wood Sec 01 Amd
$559,000 $344 2 bd / 2 ba 1,627 sqft , 2026-08-03
3966 Far West Blvd
Chimney Oaks Twnhs
$575,000 $342 2 bd / 3 ba 1,680 sqft , 2026-06-19
8107 Middle Ct
Forest Mesa
$599,000 $288 2 bd / 2 ba 2,081 sqft , 2026-04-14
3809 Spicewood Springs Rd #127
Spicewood Point Twnhms Amd
$399,900 $327 2 bd / 2 ba 1,223 sqft , 2026-06-16

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
$2,400/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
$100,000
20% conventional investment loan

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

Estimated Gross Rent+$2,400
Principal + Interest−$2,729
Property Tax (~2.1% TX avg)−$875
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,412

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 August 22, 2026.

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