About This Home

Charming west Austin 3 bedroom home. 2.5 baths and 2 car garage. Open floor plan. Kitchen has been upgraded with granite counter top and stone back splash. Located in Scenic Brook subdivision in Oak Hill. Great schools (Patton, Small and Bowie). Quiet neighborhood, large trees. Private fenced backyard with deck for entertaining quests and enjoying BBQs. Adjacent to shopping and dinning, and easy access to Tx-71 and HWY 290 and Mo PAC. 20-30 minutes to downtown.

At $280/sqft, this home is 29% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8421 Spring Valley Dr, Austin, TX 78736

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $414,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,478 sqft

Lot Size 0.18 acres (7,971.48 sqft)

Year Built 1984

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Windmill Run Sec 02-A

County Travis

Zip Code 78736

$/sqft $280/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT240520474

List Date July 20, 2026

Elementary School Patton

Middle School Small

High School Bowie

School District ,

Have Questions About This Property?

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 →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 20, 2026 $424,000

Current ask $414,000

▼ Reduced $10,000 (-2.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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

6705 Covered Bridge Dr #2
Gardens At Covered Bridge $410,000 $207 3 bd / 3 ba 1,982 sqft , 2026-07-10

8405 Fenton Dr
Windmill Run Sec 03-D $419,500 $263 3 bd / 2 ba 1,596 sqft , 2026-08-14

8400 Spring Valley Dr
Windmill Run Sec 02-A $420,000 $269 3 bd / 3 ba 1,559 sqft , 2026-07-13

6705 Covered Bridge Dr #10
Gardens At Covered Bridge Condo $375,000 $251 2 bd / 2 ba 1,497 sqft , 2026-07-27

6705 Covered Bridge Dr #24
Gardens At Covered Bridge Condo $365,000 $244 2 bd / 2 ba 1,497 sqft , 2026-04-01

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

$1,987/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

$82,800

20% conventional investment loan

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

Estimated Gross Rent+$1,987

Principal + Interest−$2,259

Property Tax (~2.1% TX avg)−$725

Insurance (~0.5%)−$173

Est. Monthly Cash Flow $-1,170

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 August 20, 2026.

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

8421 Spring Valley Dr