Active Listing  ·  13 days on market

8001 Willet Trl

Austin, TX 78745
$425,000
3 Bed 2 Bath 1,388 sqft $306/sqft Built 1989 0.16 acres 2-Car Garage Pool Cherry Creek

Freshly updated and move-in ready in Cherry Creek! This light-filled, single-story home offers 3 bedrooms, 2 full baths, and an inviting open floorplan with high vaulted ceilings. Recent improvements include fresh interior paint throughout, brand-new flooring throughout with no carpet or hard tile, new fixtures, a new living room ceiling fan, new blinds, and completed pre-inspection repairs for added peace of mind. The spacious living room is anchored by a wood-burning fireplace and flows easily into the eat-in kitchen, featuring quartz countertops, stainless-steel appliances, and plenty of space for everyday dining and entertaining. The generous primary suite includes a private en-suite bath and walk-in closet. Outside, a fenced backyard offers abundant shade and a private patio ideal for relaxing, dining, or entertaining. Conveniently located near shopping, dining, parks, and major roadways, this thoughtfully refreshed Cherry Creek home offers the updates buyers want with a comfortable, easy-living layout.

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

8001 Willet Trl, Austin, TX 78745

Property Details

Price $425,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,388 sqft
Lot Size 0.16 acres (7,091.57 sqft)
Year Built 1989
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cherry Creek
County Travis
Zip Code 78745
$/sqft $306/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,403.89
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246253298
List Date September 10, 2026
Elementary School Cunningham
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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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
3000 Cohoba Dr
Cherry Creek Sec 17
$424,900 $238 3 bd / 3 ba 1,788 sqft , 2025-12-31
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
8022 Bird Song Cir
Novel
$432,970 $274 3 bd / 3 ba 1,583 sqft , 2026-09-21
7805 Wakefield Dr
Woodstone Village Sec 03
$415,000 $306 3 bd / 2 ba 1,354 sqft , 2026-07-05

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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 19, 2026.

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