Active Listing  ·  16 days on market

8131 Forest Mesa Dr

Austin, TX 78759
$619,000
3 Bed 3 Bath 2,150 sqft $288/sqft Built 1981 0.14 acres 2-Car Garage Pool Forest Bend Twnhs

Thoughtfully updated inside and out, this Northwest Austin home blends timeless character with today's style and functionality. Seller improvements include partial roof replacement, updated landscaping and stonework, new fencing and gates, enhanced exterior lighting, a new cedar front patio beam and column, refreshed patio tile, reinforced retaining railroad ties, and updated front door hardware all in addition to over $40,000 in new siding.

The interior has been refreshed throughout with luxury vinyl flooring, fresh paint, updated doors, recessed lighting with dimmers, new switches and outlet covers, and numerous designer touches. The foyer welcomes you with custom wainscoting, while the living room features built-in bookcases, decorative wall detailing, a resurfaced fireplace with updated tile and mantel, and new flooring. The dining room offers cedar accent walls, updated lighting, and new flooring.

The remodeled kitchen showcases resurfaced countertops, painted cabinetry, tile backsplash, new sink, updated lighting, under-cabinet outlets, new hardware, and custom mudroom paneling. Seller also completed repairs that included replacement of damaged framing members, drywall, and other components in areas where wood rot had been identified.

Upstairs, the staircase has been updated with new flooring, tile risers, railings, and lighting. Secondary bedrooms feature updated flooring and finishes, while one bedroom was reconfigured with a new closet, built-in bookcases, and enclosed loft area. The primary suite includes updated flooring, refreshed finishes, and replacement of a plumbing pipe beneath the foundation. Both bathrooms have been updated with new flooring, lighting, hardware, and refreshed finishes.

Additional highlights include a dedicated "cloffice" with new HVAC ductwork and ceiling fan, creating a flexible space for working from home. Extensive seller updates make this home truly move-in ready while preserving its original charm.

At $288/sqft, this home is 27% 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

8131 Forest Mesa Dr, Austin, TX 78759

Property Details

Price $619,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,150 sqft
Lot Size 0.14 acres (6,037.42 sqft)
Year Built 1981
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Forest Bend Twnhs
County Travis
Zip Code 78759
$/sqft $288/sqft
Days on Market ,
HOA $175/Monthly
Annual Tax Est. $10,262.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245998964
List Date September 6, 2026
Elementary School Hill
Middle School Murchison
High School Anderson
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.

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
8100 Stillwood Ln
Northtowne West Sec 02
$599,900 $392 4 bd / 2 ba 1,529 sqft , 2026-08-11
8120 Meandering Way
Woodlands Austin Ph 01b
$598,000 $301 3 bd / 2 ba 1,985 sqft , 2026-09-05
3702 Terrina St #O15
North Park Patio Homes Amd
$650,000 $344 3 bd / 3 ba 1,888 sqft , 2026-07-16
8503 Daleview Dr
Allandale Estates Sec 01
$585,000 $408 3 bd / 2 ba 1,434 sqft , 2026-05-22
3837 Steck Ave
Hillcrest Mesa Twnhs
$665,000 $304 3 bd / 3 ba 2,191 sqft , 2026-08-24

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
$2,971/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
$123,800
20% conventional investment loan

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

Estimated Gross Rent+$2,971
Principal + Interest−$3,378
Property Tax (~2.1% TX avg)−$1,083
Insurance (~0.5%)−$258
Est. Monthly Cash Flow $-1,748

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 September 12, 2026.

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