Active Listing  ·  14 days on market

8504 Contour Dr

Austin, TX 78757
$519,900
4 Bed 2 Bath 1,624 sqft $320/sqft Built 1960 0.25 acres Pool Wooten Park Sec 05

8504 Contour Drive sits on a quarter acre cul-de-sac lot in Wooten Park, and it’s a four bedroom in a neighborhood where most homes have three. The big-ticket work is already done: new roof, flooring, and exterior paint in 2024, plus a newer HVAC system and water heater, so your budget can go toward finishes instead of systems.

The layout works for real life. The fourth bedroom and second full bath form their own suite with a private entrance, so you can keep it open to the house or close it off for guests, in-laws, or a home office. Mature live oaks and pecan trees shade the lot and the spacious front deck.

The location is the other half of the story. The house carries a 74 Walk Score and a 77 Bike Score, with the coffee shops and restaurants along Burnet Road and Anderson Lane, plus Alamo Drafthouse Village, about a mile away. Wooten Elementary moved into a brand new campus in January 2026, rebuilt from the ground up, and it’s within walking distance. Q2 Stadium is about two miles north. H-E-B on North Lamar is about 5 minutes, and The Domain, Whole Foods, Costco, and the Walnut Creek Metropolitan Park trails are all about 10 minutes. US 183 is a couple of minutes away at Ohlen Road, Mopac and I-35 are each about 5 minutes, downtown is about 15 minutes outside rush hour, and the airport is about 25.

At $320/sqft, this home is 18% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8504 Contour Dr, Austin, TX 78757

Property Details

Price $519,900
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,624 sqft
Lot Size 0.25 acres (10,890 sqft)
Year Built 1960
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Wooten Park Sec 05
County Travis
Zip Code 78757
$/sqft $320/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,975.6
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251148745
List Date October 29, 2026
Elementary School Wooten
Middle School Burnet (Austin ISD)
High School Navarro Early College
School District Austin ISD

Austin ISD

Wooten · Burnet (Austin ISD) · Navarro Early College

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
7707 Tisdale Dr
Jefferson Village
$525,000 $286 4 bd / 3 ba 1,837 sqft , 2026-07-11
1801 Belford Dr
Allandale North Sec 01
$525,000 $374 3 bd / 2 ba 1,404 sqft , 2026-10-09
9202 Hunters Trce
Quail Creek West Sec 03
$530,000 $303 4 bd / 2 ba 1,749 sqft , 2026-08-17
9004 Blue Quail Dr
Quail Creek Sec 02
$508,900 $323 3 bd / 2 ba 1,574 sqft , 2026-07-17
1102 Inland Grn
Quail Creek Sec 01
$489,990 $300 3 bd / 2 ba 1,632 sqft , 2026-08-14

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
$2,496/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
$103,980
20% conventional investment loan

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

Estimated Gross Rent+$2,496
Principal + Interest−$2,837
Property Tax (assumed ~2.1%)−$910
Insurance (assumed ~0.5%)−$217
Est. Monthly Cash Flow $-1,468

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 · 41 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. The written content was last updated on November 7, 2026.

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

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