Active Listing  ·  137 days on market

8308 Hathaway Dr

Austin, TX 78757
$305,000
2 Bed 1 Bath 768 sqft $397/sqft Built 1962 0.16 acres Pool Dixie Terrace

Funding issue with buyer so back-on-the-market at a REDUCED PRICE! Motivated Sellers! Cute home to make your own in central Austin to update, add-on, or rebuild your dream and/or investment property(Recently leased for $2200/month)! Wonderfully updated house, spacious two bedroom - one bath with huge fenced backyard. Pergo wood floors, contemporary paint throughout, unique lighting, gas stove/oven and stainless steel fridge. Incredible floor plan includes kitchen w/ bar and dining area opening to spacious living room. Large carport covered by extension of house roof, so lots of potential to enclose for new primary bed and bath, (Buyer due diligence, of course). Currently the carport has been used as large patio area. Utility/laundry room off carport complete with large capacity washer and dryer plus storage area. Place is clean and bright with large window facing front yard. On pretty, quiet street near hot and trendy Crestview neighborhood, walk to several restaurants and shops, neighborhood school and park just down the street. 1 block to metro and 10 minute ride to UT, great location. 5 minutes to The Domain, Mueller Dev. Ctr, The Arboretum, and More! Agent is part owner.

At $397/sqft, this home is priced 2% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

8308 Hathaway Dr, Austin, TX 78757

Property Details

Price $305,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 768 sqft
Lot Size 0.16 acres (7,026.23 sqft)
Year Built 1962
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Dixie Terrace
County Travis
Zip Code 78757
$/sqft $397/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,487.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222352681
List Date March 20, 2026
Elementary School Wooten
Middle School Burnet (Austin ISD)
High School Austin
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
1912 Lightsey Rd #4
1912 Lightsey Condominiums
$305,000 $298 2 bd / 2 ba 1,024 sqft , 2026-05-16
800 Embassy Dr #205
Sarah and Lydia M. Robertson's Subdivisio
$303,500 $542 1 bd / 1 ba 560 sqft , 2026-07-29
4315 S Congress Ave #329
Congress Lofts Condominiums
$307,500 $404 1 bd / 1 ba 761 sqft , 2026-06-02
8516 Woodstone Dr
Wooten Terrace Sec 02
$309,000 $343 3 bd / 2 ba 901 sqft , 2026-01-27
6713 West Gate Blvd #A
6713 West Gate Boulevard Condo
$309,000 $302 3 bd / 2 ba 1,024 sqft , 2026-04-24

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
$1,464/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
$61,000
20% conventional investment loan

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

Estimated Gross Rent+$1,464
Principal + Interest−$1,665
Property Tax (~2.1% TX avg)−$534
Insurance (~0.5%)−$127
Est. Monthly Cash Flow $-862

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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