Active Listing  ·  33 days on market

8109 Ermis Farm Rd

Austin, TX 78745
$440,990
3 Bed 3 Bath 1,583 sqft $279/sqft Built 2026 0.02 acres 2-Car Garage Pool New Construction Novel

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 $279/sqft, this home is 29% 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

Property Details

Price $440,990
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 $279/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 ,

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
6915 Cherry Meadow Dr
Cherry Meadows
$450,000 $349 4 bd / 2 ba 1,290 sqft , 2026-05-27
7501 West Gate Blvd
Cherry Creek Ph 04 Sec 02
$430,000 $226 3 bd / 2 ba 1,900 sqft , 2026-02-21
2311 Sheri Oak Ln
Oak Valley Park Sec 03
$455,000 $276 3 bd / 2 ba 1,651 sqft , 2026-07-30
8536 Birmingham Dr
Buckingham Estates Ph 3 Sec 4
$425,000 $304 3 bd / 3 ba 1,398 sqft , 2026-06-18
9505 Doliver Dr
Tanglewood Forest Sec 01
$425,000 $284 3 bd / 2 ba 1,494 sqft , 2026-07-22

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
$2,117/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
$88,198
20% conventional investment loan

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

Estimated Gross Rent+$2,117
Principal + Interest−$2,407
Property Tax (~2.1% TX avg)−$772
Insurance (~0.5%)−$184
Est. Monthly Cash Flow $-1,246

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 August 23, 2026.

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