Active Listing  ·  421 days on market

8515 Dongan Dr

Austin, TX 78744
$489,990
4 Bed 3 Bath 2,231 sqft $220/sqft Built 2025 0.13 acres 2-Car Garage Pool New Construction Easton Park

Move in Ready! Step into style and comfort with this stunning 4-bedroom, 3-bath home located in the highly desirable Easton Park community. Thoughtfully designed with designer upgrades throughout, this one-story home offers the perfect layout for modern living. The stunning open-concept kitchen flows effortlessly into the spacious family room and breakfast area—ideal for both entertaining and everyday life. Enjoy luxury vinyl plank flooring, large windows that fill the space with natural light, and elegant finishes that give the home a truly elevated feel. The primary bedroom offers a peaceful retreat, while three additional bedrooms provide plenty of space for family, guests, or a home office. With 3 full baths and a 2-car garage, there's room for everyone to spread out and feel at home. Step outside to the extended covered patio—perfect for morning coffee or evening gatherings. Located in one of Austin’s most vibrant master-planned communities, you’ll enjoy access to parks, trails, and incredible amenities just minutes from your door. This home has everything you’ve been looking for—schedule your showing today!

At $220/sqft, this home is 44% 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

8515 Dongan Dr, Austin, TX 78744

Property Details

Price $489,990
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,231 sqft
Lot Size 0.13 acres (5,641.02 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Easton Park
County Travis
Zip Code 78744
$/sqft $220/sqft
Days on Market ,
HOA $81/Monthly
Annual Tax Est. $654.98
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT206682072
List Date September 17, 2025
Elementary School Newton Collins
Middle School Ojeda
High School Del Valle
School District Del Valle ISD

Del Valle ISD

Newton Collins · Ojeda · Del Valle

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 · September 17, 2025 $539,990
Previous ask $499,990
Current ask $489,990
▼ Reduced $50,000 (-9.3%) 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
7200 Stitzel Weller Dr
Skyline 2D Ph 2
$479,990 $228 4 bd / 4 ba 2,105 sqft , 2026-09-08
8812 Bestride Bnd
Easton Park HOA
$499,999 $263 3 bd / 3 ba 1,904 sqft , 2026-07-22
7901 Gilwice Ln
Easton Park
$475,000 $207 4 bd / 3 ba 2,290 sqft , 2026-07-03
8519 Dongan Dr
Easton Park
$504,990 $266 3 bd / 3 ba 1,900 sqft , 2026-05-12
8517 Dongan Dr
Easton Park
$519,990 $192 4 bd / 4 ba 2,709 sqft , 2026-05-12

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
$2,352/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
$97,998
20% conventional investment loan

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

Estimated Gross Rent+$2,352
Principal + Interest−$2,674
Property Tax (assumed ~2.1%)−$857
Insurance (assumed ~0.5%)−$204
Est. Monthly Cash Flow $-1,383

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 8, 2026.

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

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