About This Home

Estate sale in Wooten, 3/1.5 brick ranch on a slab with a 1-car garage, deep backyard with mature pecans, covered patio and storage shed. Per seller, roof and HVAC are recent, so the work here is cosmetic: kitchen, flooring, baths and paint. The bones are solid and there are no big-ticket systems to replace. Backs to the rail line (mostly weekday commuter service; buyer to verify). Sold as-is. Bring your investors, contractors, and renovation-loan buyers who have a vision and want to get into a great hood!

At $305/sqft, this home is 22% 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

8516 Woodstone Dr, Austin, TX 78757

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Property Details

Price $275,000

Status Active Listing

Beds 3

Full Baths 1

Half Baths 1

Living Area 901 sqft

Lot Size 0.14 acres (6,181.16 sqft)

Year Built 1968

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Wooten Terrace Sec 02

County Travis

Zip Code 78757

$/sqft $305/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $7,834.23

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT249423751

List Date October 9, 2026

Elementary School Wooten

Middle School Burnet (Austin ISD)

High School Navarro Early College

School District Austin ISD

School District

Austin ISD

Wooten · Burnet (Austin ISD) · Navarro Early College

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.

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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 · October 9, 2026 $275,000

Previous ask $290,000

Current ask $275,000

▲ Increased , (+0.0%) 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

1748 Ohlen Rd #68
Brandywine Condo Amd $260,000 $218 2 bd / 2 ba 1,194 sqft , 2026-08-07

8518 Brookfield Dr
Wooten Village Sec 03 $299,000 $319 2 bd / 1 ba 936 sqft , 2026-08-19

2101 Polaris Ave #7
Polaris 02 Condo Amd $239,900 $235 2 bd / 2 ba 1,020 sqft , 2026-09-24

2425 Ashdale Dr #81
Summit Condo Amd $225,000 $229 2 bd / 2 ba 984 sqft , 2026-03-27

2425 Ashdale Dr #92
The Summit Condos $225,000 $229 2 bd / 2 ba 983 sqft , 2026-07-17

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

$1,320/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

$55,000

20% conventional investment loan

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

Estimated Gross Rent+$1,320

Principal + Interest−$1,501

Property Tax (assumed ~2.1%)−$481

Insurance (assumed ~0.5%)−$115

Est. Monthly Cash Flow $-777

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

About the Author

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 10, 2026.

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

8516 Woodstone Dr

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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