Active Listing  ·  54 days on market

8509 Slant Oak Dr

Austin, TX 78729
$365,000
3 Bed 2 Bath 1,283 sqft $284/sqft Built 1977 0.36 acres 1.5-Car Garage Pool Jolly Oaks

Value-add opportunity on a rare third-acre lot in Northwest Austin, with no HOA and minutes from The Domain. This well-maintained, fully functional home is ready for a cosmetic update. Popcorn ceilings, a dated kitchen, and original finishes leave room to renovate to your own spec, whether you plan to flip, rent, or hold. The lot is the main asset. Lots this size are hard to find in this part of the market, and this one comes with mature trees, a side drive-thru gate, and covered parking for a trailer, boat, ATV, or golf cart. Multiple storage buildings, a greenhouse, raised garden beds, and an extended patio are already in place. There is also space to add a workshop or other improvements, subject to buyer verification. The lot backs to the Austin Auction building, which keeps the rear of the property open and private. The location is hard to beat. It sits in an established neighborhood close to the North Austin growth corridor, with quick access to The Domain, Round Rock, and Cedar Park. Town & Country ball fields and Springwoods Park are nearby, and the home is zoned to RRISD schools. Bring your contractor and your numbers. The land is already doing the heavy lifting.

At $284/sqft, this home is 28% 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

8509 Slant Oak Dr, Austin, TX 78729

Property Details

Price $365,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,283 sqft
Lot Size 0.36 acres (15,629.33 sqft)
Year Built 1977
Garage 1.5 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Jolly Oaks
County Williamson
Zip Code 78729
$/sqft $284/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,618.61
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243609103
List Date August 15, 2026
Elementary School Live Oak
Middle School Deerpark
High School McNeil
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
8322 Alvin High None
Milwood Sec 40a
$370,000 $232 3 bd / 3 ba 1,593 sqft , 2026-09-22
8800 White Ibis Dr #130
Parmer Village Condo
$355,000 $257 3 bd / 2 ba 1,382 sqft , 2026-08-14
12914 Steeple Chase Dr
Milwood Sec 28
$352,250 $304 3 bd / 2 ba 1,157 sqft , 2026-08-09
12613 Olympiad Dr
Milwood Sec 29
$379,900 $290 3 bd / 2 ba 1,312 sqft , 2026-07-10
12918 Humphrey Dr
Milwood Sec 28
$345,000 $254 3 bd / 3 ba 1,358 sqft , 2026-06-13

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
$1,752/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
$73,000
20% conventional investment loan

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

Estimated Gross Rent+$1,752
Principal + Interest−$1,992
Property Tax (~2.1% TX avg)−$639
Insurance (~0.5%)−$152
Est. Monthly Cash Flow $-1,031

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 October 1, 2026.

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