About This Home

This stunning two-story residence features a thoughtfully designed floor plan with ample space for comfortable living. The first floor boasts a spacious 2-car garage, an inviting kitchen with modern appliances, and an open-concept living and dining area perfect for entertaining. Upstairs, you’ll find the luxurious master suite complete with a private bath and walk-in closet, along with additional bedrooms that offer plenty of room for guests. The sliding glass door in the great room leads to an outdoor patio, ideal for relaxing or hosting gatherings. With its blend of style and functionality, this home is sure to impress.

Move in Ready- December 2026

At $263/sqft, this home is 33% 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

8109 Ermis Farm Rd, Austin, TX 78745

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Property Details

Price $416,990

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,583 sqft

Lot Size 0.02 acres (871.2 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Townhouse

Subdivision Novel

County Travis

Zip Code 78745

$/sqft $263/sqft

Days on Market ,

HOA $182/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT240830233

List Date July 22, 2026

Elementary School Casey

Middle School Bedichek

High School Akins

School District ,

Have Questions About This Property?

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 22, 2026 $440,990

Previous ask $414,990

Current ask $416,990

▼ Reduced $24,000 (-5.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

9505 Doliver Dr
Tanglewood Forest Sec 01 $415,000 $278 3 bd / 2 ba 1,494 sqft , 2026-07-22

705 Dulwich St
Buckingham Estates Ph Iii Sec $409,500 $394 3 bd / 2 ba 1,040 sqft , 2026-07-05

8026 Bird Song Cir
Novel $424,990 $250 3 bd / 3 ba 1,698 sqft , 2026-09-23

8536 Birmingham Dr
Buckingham Estates Ph 3 Sec 4 $425,000 $304 3 bd / 3 ba 1,398 sqft , 2026-06-18

8001 Willet Trl
Cherry Creek $425,000 $306 3 bd / 2 ba 1,388 sqft , 2026-09-10

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

$2,002/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

$83,398

20% conventional investment loan

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

Estimated Gross Rent+$2,002

Principal + Interest−$2,276

Property Tax (~2.1% TX avg)−$730

Insurance (~0.5%)−$174

Est. Monthly Cash Flow $-1,178

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

About the Author

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 October 5, 2026.

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

8109 Ermis Farm Rd