About This Home

This Wooten Park home offers tons of possibilities and is ready for your personal touch! Desirable location in 78757 on a quiet street and within minutes of parks, playgrounds, restaurants, and cafes! Whether you want to take on a complete remodel to create your dream home, update certain areas of the home while occupying the property or move right in - the options are plentiful and the lot is spacious to help achieve your design goals! The home is equipped with Saltillo tile floors, tons of windows that bring in an abundance of natural light and a private, fenced backyard complete with a covered back porch and mature trees. Charming curb appeal, front porch area and a beautiful, towering Live Oak tree in the front yard enhances all that make this property such a unique treasure.

At $354/sqft, this home is 9% 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

8102 Shadowood Dr, Austin, TX 78757

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Property Details

Price $649,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,835 sqft

Lot Size 0.23 acres (9,931.68 sqft)

Year Built 1965

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Allandale North Sec 03

County Travis

Zip Code 78757

$/sqft $354/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT199688684

List Date June 11, 2025

Elementary School Wooten

Middle School Burnet (Austin ISD)

High School Navarro Early College

School District ,

Have Questions About This Property?

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

2306 Standish Dr
Cherry Creek 03 $649,900 $403 3 bd / 2 ba 1,614 sqft , 2026-06-01

511 South Park Dr #2
Dawson $649,900 $488 2 bd / 3 ba 1,332 sqft , 2026-07-14

205 Woodward St
Woodward Indust District $649,900 $406 3 bd / 3 ba 1,599 sqft , 2026-07-16

3304 E 17th St #B
McKinley Heights Terrace $649,900 $367 3 bd / 3 ba 1,772 sqft , 2026-07-30

4904 Enchanted Ln
Park Forest Sec 2 $649,947 $464 3 bd / 2 ba 1,400 sqft , 2026-04-24

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

$3,120/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

$129,980

20% conventional investment loan

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

Estimated Gross Rent+$3,120

Principal + Interest−$3,547

Property Tax (~2.1% TX avg)−$1,137

Insurance (~0.5%)−$271

Est. Monthly Cash Flow $-1,835

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 →

Neighborhood Context

About Allandale

Allandale is North Central Austin's original family neighborhood - platted in the 1950s and shaped by decades of homeowners who chose it for its tree-lined streets, strong schools, and community identity. Bounded roughly by 45th Street to the south, Koenig Lane to the north, MoPac to the west, and Burnet Road to the east, it occupies one of Austin's most convenient locations.

The housing stock is predominantly 1950s to 60s brick ranch homes - modest footprints on generous lots, many with mature live oaks that took 60 years to grow. Renovated Allandale homes command significant premiums, while original-condition homes represent some of the last attainable entry points in North Central Austin. New custom construction is an increasing presence as teardown economics make sense at these lot values.

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Burnet Road Corridor

Allandale's eastern edge is lined with some of Austin's best independent restaurants, coffee shops, and bars. Uchi, Violet Crown Cinema, Foreign & Domestic, Epoch Coffee - all within walking distance of many Allandale addresses.

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Mature Tree Canopy

Sixty years of live oak growth creates a canopy that makes Allandale feel noticeably cooler and quieter than newer Austin neighborhoods. The trees are a defining asset - and an Austin Heritage Tree protection means they're here to stay.

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McCallum High School

McCallum is one of Austin ISD's most respected high schools - known for its Fine Arts Academy (one of the top performing arts magnet programs in Texas) and strong academics. It's a major draw for families with high school-age children.

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Walkable Errands

Allandale residents walk to coffee, restaurants, a hardware store, and neighborhood shops on a regular basis. It's not a walk-everywhere neighborhood, but the Burnet Road corridor makes daily errands genuinely walkable from the eastern half of the neighborhood.

Full Allandale Guide →

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

8102 Shadowood Dr