Active Listing  ·  20 days on market

8002 Persimmon Trl

Austin, TX 78745
$320,000
2 Bed 2 Bath 1,654 sqft $193/sqft Built 1971 0.27 acres 2-Car Garage Pool Greenleaf Estates Sec 02

SOUTH AUSTIN LAND VALUE OPPORTUNITY ON APPROX. 0.27 ACRES. Located minutes from Downtown Austin, this South Austin property presents an opportunity for investors, builders, or buyers looking for a sizable lot with mature trees, including impressive live oaks.

The existing older mobile home is in poor condition, making this an opportunity to explore a remodel, teardown, or new vision for the property. The value is primarily in the land.

Conveniently located near Downtown Austin, South Congress, the St. Elmo District, major employment centers, dining, entertainment, and continued South Austin growth. No HOA. Property sold AS-IS.

NO SHOWINGS AT THIS TIME. DO NOT DISTURB OCCUPANT OR ENTER PROPERTY. Buyer to verify all development possibilities, zoning, utilities, restrictions, dimensions, and other property information.

At $193/sqft, this home is 51% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8002 Persimmon Trl, Austin, TX 78745

Property Details

Price $320,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,654 sqft
Lot Size 0.27 acres (11,769.91 sqft)
Year Built 1971
Garage 2 spaces
Stories ,
Type Residential · Mobile Home
Subdivision Greenleaf Estates Sec 02
County Travis
Zip Code 78745
$/sqft $193/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $3,602.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241484308
List Date September 3, 2026
Elementary School Casey
Middle School Bedichek
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.

Schedule a Call →

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
512 Eberhart Ln #1905
Sweetbriar Garden Homes Condominium
$320,000 $233 2 bd / 3 ba 1,372 sqft , 2026-09-03
707 Great Britain Blvd
Buckingham Estates Ph III Sec
$330,000 $283 3 bd / 2 ba 1,166 sqft , 2025-10-17
8710 Davis Oaks Trl
Dittmar Crossing
$340,560 $240 3 bd / 3 ba 1,418 sqft , 2026-07-28
9309 Sweetgum Dr
SAGE MEADOW
$344,000 $242 3 bd / 3 ba 1,422 sqft , 2026-07-23
7106 Moat Cv
Buckingham Estates Ph 2 Sec 2
$349,000 $318 3 bd / 2 ba 1,096 sqft , 2026-06-04

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
$1,536/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
$64,000
20% conventional investment loan

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

Estimated Gross Rent+$1,536
Principal + Interest−$1,746
Property Tax (~2.1% TX avg)−$560
Insurance (~0.5%)−$133
Est. Monthly Cash Flow $-903

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 16, 2026.

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