About This Home

Welcome to this beautiful, light-filled home offering warmth, comfort, and charm. The inviting living room features a cozy fireplace, creating the perfect space to relax and unwind. Enjoy a convenient location close to major employers, popular shopping destinations, restaurants, entertainment, and everyday essentials. With its bright and welcoming atmosphere and desirable location, this home offers the ideal combination of comfort and convenience for modern living.

At $292/sqft, this home is 25% below the Austin active market average of $390/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 $579,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,985 sqft

Lot Size 0.07 acres (2,949.01 sqft)

Year Built 1982

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Woodlands Austin Ph 01B

County Travis

Zip Code 78759

$/sqft $292/sqft

Days on Market ,

HOA $172/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT251140801

List Date October 30, 2026

Elementary School Hill

Middle School Murchison

High School Anderson

School District Austin ISD

School District

Austin ISD

Hill · Murchison · Anderson

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 $599,000 $279 3 bd / 3 ba 2,150 sqft , 2026-09-06

3101 Steck Ave
Northtowne West Sec 05 $558,999 $410 4 bd / 2 ba 1,365 sqft , 2026-09-02

8426 Antero Dr
Mountain Shadow Village $550,000 $231 3 bd / 3 ba 2,378 sqft , 2026-11-10

3837 Steck Ave
Hillcrest Mesa Twnhs $625,000 $285 3 bd / 3 ba 2,191 sqft , 2026-08-24

8400 Alta Verde Dr
Alta Vista Resub $635,000 $331 3 bd / 3 ba 1,916 sqft , 2026-10-21

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

$2,779/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

$115,800

20% conventional investment loan

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

Estimated Gross Rent+$2,779

Principal + Interest−$3,160

Property Tax (assumed ~2.1%)−$1,013

Insurance (assumed ~0.5%)−$241

Est. Monthly Cash Flow $-1,635

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 · 41 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. The written content was last updated on November 3, 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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