About This Home

Beautifully maintained 3-bedroom, 2-bath home featuring an open floorplan, fresh paint, and numerous updates throughout. Recent improvements include a new roof, garage door, and custom mahogany entry door, enhancing both durability and curb appeal. Light-filled living spaces flow to a backyard suited for relaxing or entertaining. A modern stained fence, refreshed landscaping, hardwood floors in all bedrooms, and newer systems provide comfort and confidence in a convenient central Austin location near Burnet Road dining, shopping, parks, and major thoroughfares.

At $408/sqft, this home is priced 4% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

8503 Daleview Dr, Austin, TX 78757

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $585,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,434 sqft

Lot Size 0.17 acres (7,605.58 sqft)

Year Built 1968

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Allandale Estates Sec 01

County Travis

Zip Code 78757

$/sqft $408/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $9,708.16

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT227270461

List Date May 22, 2026

Elementary School Pillow

Middle School Burnet (Austin ISD)

High School Anderson

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 →

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

8304 Millway Dr
Allandale Estates Sec 01 $580,000 $480 3 bd / 2 ba 1,208 sqft , 2026-08-27

8100 Stillwood Ln
Northtowne West Sec 02 $599,900 $392 4 bd / 2 ba 1,529 sqft , 2026-08-11

8500 Woodstone Dr Dr #Unit A and Unit B
Wooten Park Sec 2 $608,000 $335 4 bd / 1 ba 1,813 sqft , 2026-08-06

8211 Greenslope Dr
Summer Wood Sec 01 Amd $559,000 $344 2 bd / 2 ba 1,627 sqft , 2026-08-03

3101 Steck Ave
Northtowne West Sec 05 $614,999 $451 4 bd / 2 ba 1,365 sqft , 2026-09-02

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

$2,808/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

$117,000

20% conventional investment loan

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

Estimated Gross Rent+$2,808

Principal + Interest−$3,193

Property Tax (~2.1% TX avg)−$1,024

Insurance (~0.5%)−$244

Est. Monthly Cash Flow $-1,653

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 →

Neighborhood Context

About Allandale

Allandale is North Central Austin's original family neighborhood - platted in the 1950s and shaped by decades of homeowners who chose it for its tree-lined streets, strong schools, and community identity. Bounded roughly by 45th Street to the south, Koenig Lane to the north, MoPac to the west, and Burnet Road to the east, it occupies one of Austin's most convenient locations.

The housing stock is predominantly 1950s to 60s brick ranch homes - modest footprints on generous lots, many with mature live oaks that took 60 years to grow. Renovated Allandale homes command significant premiums, while original-condition homes represent some of the last attainable entry points in North Central Austin. New custom construction is an increasing presence as teardown economics make sense at these lot values.

🍽️

Burnet Road Corridor

Allandale's eastern edge is lined with some of Austin's best independent restaurants, coffee shops, and bars. Uchi, Violet Crown Cinema, Foreign & Domestic, Epoch Coffee - all within walking distance of many Allandale addresses.

🌳

Mature Tree Canopy

Sixty years of live oak growth creates a canopy that makes Allandale feel noticeably cooler and quieter than newer Austin neighborhoods. The trees are a defining asset - and an Austin Heritage Tree protection means they're here to stay.

🏫

McCallum High School

McCallum is one of Austin ISD's most respected high schools - known for its Fine Arts Academy (one of the top performing arts magnet programs in Texas) and strong academics. It's a major draw for families with high school-age children.

🚶

Walkable Errands

Allandale residents walk to coffee, restaurants, a hardware store, and neighborhood shops on a regular basis. It's not a walk-everywhere neighborhood, but the Burnet Road corridor makes daily errands genuinely walkable from the eastern half of the neighborhood.

Full Allandale Guide →

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 September 17, 2026.

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

8503 Daleview Dr