Active Listing  ·  87 days on market

8507 Dulcet Dr

Austin, TX 78745
$399,999
3 Bed 3 Bath 1,438 sqft $278/sqft Built 2004 0.11 acres 2-Car Garage Pool Grand Oaks Amd

This house qualifies for 0% down conventional financing! Brand new roof! Located in the desirable Grand Oaks community, this well maintained home offers comfortable living space in a prime South Austin location. Tucked into a cul de sac, the property features mature trees, a covered back porch, and a shaded backyard with a large wood privacy fence, creating the perfect space to relax or entertain outdoors. Inside, the open floorplan connects the kitchen and living area, creating a functional space for everyday living and entertaining. The kitchen features quartz countertops, a breakfast bar, range, and ample cabinet storage. The spacious primary suite includes a walk in closet, double vanity, walk in shower, and soaking tub for added comfort. Additional highlights include laminate, tile, and carpet flooring, ceiling fans throughout, and a two car attached garage. The home sits on a 4,813 square foot lot with both front and backyard space to enjoy. Conveniently located near Manchaca Rd and Davis Ln, this home offers quick access to popular South Austin destinations including Southpark Meadows, Barton Creek Greenbelt, Armadillo Den, and Moontower Saloon, along with a variety of local dining, shopping, and entertainment options. Enjoy easy access to major Austin destinations while still having a quiet neighborhood feel.

At $278/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

8507 Dulcet Dr, Austin, TX 78745

Property Details

Price $399,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,438 sqft
Lot Size 0.11 acres (4,813.38 sqft)
Year Built 2004
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Grand Oaks Amd
County Travis
Zip Code 78745
$/sqft $278/sqft
Days on Market ,
HOA $360/Annually
Annual Tax Est. $8,122.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232010385
List Date May 30, 2026
Elementary School Cunningham
Middle School Covington
High School Crockett
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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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 · May 30, 2026 $415,000
Previous ask $405,000
Current ask $399,999
Reduced $15,001 (-3.6%) 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
8006 Bird Song Cir
Novel
$399,990 $253 3 bd / 3 ba 1,583 sqft , 2026-04-15
9511 Curlew Dr
Tanglewood Forest Sec 02 Ph D
$395,000 $255 3 bd / 2 ba 1,552 sqft , 2026-06-16
9100 Wagtail Dr
Pheasant Run Sec 01
$395,000 $304 3 bd / 2 ba 1,299 sqft , 2026-06-22
3022 Sea Jay Dr
Enclave At Westgate
$405,000 $236 3 bd / 3 ba 1,714 sqft , 2026-04-24
705 Dulwich St
Buckingham Estates Ph Iii Sec
$409,500 $394 3 bd / 2 ba 1,040 sqft , 2026-07-05

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
$1,920/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
$80,000
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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 17, 2026.

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