Active Listing  ·  22 days on market

8004 Linda Michelle Ln

Austin, TX 78724
$339,999
3 Bed 2 Bath 1,356 sqft $251/sqft Built 2021 0.11 acres 2-Car Garage Pool Parker Station

Say yes to this suberb home just minutes from all the excitement of East Austin! Not to mention, this house is eligible for $0 down and No PMI! Walk the neighborhood for views of the downtown skyline! This 4-year-old single-story turnkey home has been thoughtfully and impeccably maintained.

Parker Station offers quick access to FM 969 and MLK, making it an easy drive to downtown or the UT campus in about 20 minutes. Enjoy being just 15 minutes from Mueller Lake Park and the Texas Farmers' Market, 15 minutes to Springdale Station, and within 10 - 15 minutes of two H-E-B locations.

The front garden is bursting with blooms that attract butterflies and other pollinators, while mature oak trees provide beauty and shade in both the front and backyard. An automated in-ground sprinkler system makes lawn and garden maintenance a breeze.

Inside, the thoughtfully designed layout is ideal for both everyday living and entertaining. The open kitchen easily accommodates a center island and breakfast table, with additional seating available at the breakfast bar. The spacious living area offers flexibility for multiple furniture arrangements, including space for a more formal dining area, if desired.

The private primary suite is tucked into the back corner of the home in a desirable mother-in-law floor plan, overlooking the backyard. The ensuite bath features dual vanities, a walk-in shower, and a generous walk-in closet. Two additional bedrooms near the front of the home provide versatility for guests, family, or a home office and share a spacious hall bath.

Parker Station has the feel of a long-established neighborhood, complete with community traditions, neighborhood events, and friendly neighbors. Residents enjoy holiday celebrations, lounging by the community pool, and even views of the Fourth of July and New Year's Eve fireworks from within the community.

This is a smart choice you won't want to miss!

At $251/sqft, this home is 36% 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

8004 Linda Michelle Ln, Austin, TX 78724

Property Details

Price $339,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,356 sqft
Lot Size 0.11 acres (4,800.31 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parker Station
County Travis
Zip Code 78724
$/sqft $251/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. $7,422.12
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238874371
List Date July 13, 2026
Elementary School Decker
Middle School Decker
High School Manor
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
6302 Thurgood Ave
Johnston Terrace Sec 02
$340,000 $269 3 bd / 1 ba 1,262 sqft , 2026-02-03
808 Minturn Ln
Buckingham Estates Ph 04 Sec B
$340,000 $279 3 bd / 2 ba 1,219 sqft , 2026-03-06
5508 Emma Thompson Way
Bradshaw Crossing Sec 04
$340,000 $199 3 bd / 3 ba 1,705 sqft , 2026-05-19
9201 Brodie Ln #403
Brodie Heights Condo Amd
$340,000 $202 3 bd / 3 ba 1,687 sqft , 2026-06-26
4617 Lava Island Dr
Cascades at Onion Creek
$339,990 $207 3 bd / 2 ba 1,640 sqft , 2026-03-12

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
$1,632/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
$68,000
20% conventional investment loan

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

Estimated Gross Rent+$1,632
Principal + Interest−$1,856
Property Tax (~2.1% TX avg)−$595
Insurance (~0.5%)−$142
Est. Monthly Cash Flow $-961

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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