Active Listing  ·  18 days on market

8500 Woodstone Dr Dr #Unit A and Unit B

Austin, TX 78757
$608,000
4 Bed 1 Bath 1,813 sqft $335/sqft Built 1968 0.30 acres 2-Car Garage Wooten Park Sec 2

Excellent Northside Duplex. OWNER FINANCING AVAILABLE. See Listing Agent for details and options. This property gives you a rare chance to own a home in Austin while having your tenant help pay your mortgage. Meticulously maintained brick duplex nestled on a cul-de-sac on a very desirable North Austin location. Approach this beautiful home on a 150ft concrete driveway. Side A is currently leased for $1650.00 until 3/2027, providing immediate rental income. Live in Unit B and enjoy a completely renovated bath, new wood floors, a striking kitchen, and covered patio. Each unit supports central AC which was replaced within 7 years and distinct washer/dryers. Check out the separate "casita" which can serve as an office, shed, workshop, or gym > anything you desire! There is an oversized carport, where you will appreciate keeping the sun off as many as 4 vehicles. The backyard is an oasis with an expansive lawn, mature shade trees, and privacy. Wow. Own a well-cared-for duplex in a prime North Austin location near The Domain, schools, major highways, shopping, metro station, and Austin living!

At $335/sqft, this home is 15% 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

8500 Woodstone Dr Dr #Unit A and Unit B, Austin, TX 78757

Property Details

Price $608,000
Status Active Listing
Beds 4
Full Baths 1
Half Baths ,
Living Area 1,813 sqft
Lot Size 0.30 acres (12,919.9 sqft)
Year Built 1968
Garage 2 spaces
Stories ,
Type Residential · See Remarks
Subdivision Wooten Park Sec 2
County Travis
Zip Code 78757
$/sqft $335/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,531
Pool ,
Waterfront ,
New Construction ,
MLS # ACT242558304
List Date August 6, 2026
Elementary School Wooten
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.

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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
8100 Stillwood Ln
Northtowne West Sec 02
$599,900 $392 4 bd / 2 ba 1,529 sqft , 2026-08-11
1402 Beckett St #1B
Wooten Park
$627,000 $307 3 bd / 4 ba 2,040 sqft , 2025-07-31
8102 Shadowood Dr
Allandale North Sec 03
$649,900 $354 3 bd / 2 ba 1,835 sqft , 2025-06-11
8001 Camden Dr
Allandale North Sec 01
$650,000 $435 3 bd / 3 ba 1,494 sqft , 2026-02-05
1801 Belford Dr
Allandale North Sec 01
$564,900 $384 3 bd / 2 ba 1,470 sqft , 2026-05-20

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
$2,918/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
$121,600
20% conventional investment loan

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

Estimated Gross Rent+$2,918
Principal + Interest−$3,318
Property Tax (~2.1% TX avg)−$1,064
Insurance (~0.5%)−$253
Est. Monthly Cash Flow $-1,717

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 August 7, 2026.

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