Active Listing  ·  1 day on market

8404 Maine Dr

Austin, TX 78758
$309,000
4 Bed 1 Bath 1,235 sqft $250/sqft Built 1970 0.16 acres Pool Colony North Sec 02

Discover the potential of this charming single-story home nestled on a spacious lot in an established North Austin neighborhood. Offering 4 bedrooms, 1 bathroom, and 1,235 square feet of living space, this property is an excellent opportunity for homeowners, investors, or buyers looking to add their personal touch.

Inside, you’ll find a functional floor plan featuring a bright living area, four well-sized bedrooms, a breakfast bar, central heating and air conditioning, and a convenient interior laundry area. The private, fully fenced backyard is shaded by mature trees and includes additional storage, providing ample space for entertaining, gardening, pets, or future enhancements.

Location is the true highlight. Enjoy quick access to The Domain, Q2 Stadium, MoPac Expressway, US-183, and I-35, placing you just minutes from shopping, dining, parks, entertainment, and North Austin’s major employment centers. The property is also conveniently located near leading employers, including Apple, Dell, IBM, Amazon, and many other companies within Austin’s thriving tech corridor.

Whether you’re searching for a primary residence or an investment with long-term upside, 8404 Maine Dr offers an unbeatable combination of location, space, and opportunity in one of Austin’s most connected neighborhoods.

Don’t miss your chance to make this North Austin property your own.

At $250/sqft, this home is 36% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8404 Maine Dr, Austin, TX 78758

Property Details

Price $309,000
Status Active Listing
Beds 4
Full Baths 1
Half Baths ,
Living Area 1,235 sqft
Lot Size 0.16 acres (6,851.99 sqft)
Year Built 1970
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Colony North Sec 02
County Travis
Zip Code 78758
$/sqft $250/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,152.06
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242159946
List Date August 3, 2026
Elementary School Wooldridge
Middle School Burnet (Austin ISD)
High School Navarro Early College
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
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
6913 Shannon Dr
COLONY PARK SEC 1 PHS 4 A
$309,000 $203 3 bd / 1 ba 1,524 sqft , 2026-07-10
10600 N Platt River Dr
Texas Oaks Sec 09
$309,900 $258 3 bd / 2 ba 1,203 sqft , 2026-04-19
11815 Lochridge Dr #A
Quail Hollow Sec 07
$309,900 $269 3 bd / 2 ba 1,150 sqft , 2026-05-06

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
$1,483/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
$61,800
20% conventional investment loan

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

Estimated Gross Rent+$1,483
Principal + Interest−$1,686
Property Tax (~2.1% TX avg)−$541
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-873

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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