About This Home

Beautiful light-filled home. The living room features a charming fireplace. Conveniently located near major employers, shopping, restaurants, entertainment, and everyday amenities. It offers a great balance of comfort and convenience for today's lifestyle.

At $301/sqft, this home is 23% 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

8120 Meandering Way, Austin, TX 78759

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Property Details

Price $598,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,985 sqft

Lot Size 0.07 acres (2,962.08 sqft)

Year Built 1982

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Woodlands Austin Ph 01b

County Travis

Zip Code 78759

$/sqft $301/sqft

Days on Market ,

HOA $172/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT245379121

List Date September 5, 2026

Elementary School Hill

Middle School Murchison

High School Anderson

School District ,

Have Questions About This Property?

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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

8131 Forest Mesa Dr
Forest Bend Twnhs $619,000 $288 3 bd / 3 ba 2,150 sqft , 2026-09-06

8211 Greenslope Dr
Summer Wood Sec 01 Amd $559,000 $344 2 bd / 2 ba 1,627 sqft , 2026-08-03

3702 Terrina St #O15
North Park Patio Homes Amd $650,000 $344 3 bd / 3 ba 1,888 sqft , 2026-07-16

3837 Steck Ave
Hillcrest Mesa Twnhs $665,000 $304 3 bd / 3 ba 2,191 sqft , 2026-08-24

7924 Ridgeline N None N
Trails Ph 01B $500,000 $265 3 bd / 2 ba 1,887 sqft , 2026-08-19

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

$2,870/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

$119,600

20% conventional investment loan

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

Estimated Gross Rent+$2,870

Principal + Interest−$3,264

Property Tax (~2.1% TX avg)−$1,047

Insurance (~0.5%)−$249

Est. Monthly Cash Flow $-1,690

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 September 19, 2026.

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

8120 Meandering Way

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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