About This Home

Like new home, house was taken down to the studs, contractor did and amazing job!!!

New flooring, sheetrock, paint, flooring, gas stove, microwave and ceiling fans. Home has been coverted to 2 bedrooms but could be changed back to 3. Washer and dryer hookups are in the garage. Spacious fenced backyard with private sitting areas. Great location minutes from the Domain, Target, and the Arboretum.

At $374/sqft, this home is 5% 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

8518 Brookfield Dr, Austin, TX 78758

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Property Details

Price $349,995

Status Active Listing

Beds 2

Full Baths 1

Half Baths ,

Living Area 936 sqft

Lot Size 0.18 acres (7,871.29 sqft)

Year Built 1967

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Wooten Village Sec 03

County Travis

Zip Code 78758

$/sqft $374/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $6,168.97

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT243980670

List Date August 19, 2026

Elementary School Wooldridge

Middle School Burnet (Austin ISD)

High School Navarro Early College

School District ,

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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

8507 Contour Dr
Wooten Park Sec 05 $350,000 $288 3 bd / 2 ba 1,214 sqft , 2026-06-17

7711 Watson St #B
7711 Watson Street Condo $349,900 $453 2 bd / 1 ba 772 sqft , 2026-07-02

7711 Watson St #A
7711 Watson Street Condo $349,900 $456 2 bd / 1 ba 768 sqft , 2026-08-21

8107 Lazy Ln
Wooten Park Sec 01 $349,000 $323 3 bd / 1 ba 1,080 sqft , 2026-04-02

8417 Maine Dr
Colony North Sec 02 $349,000 $344 3 bd / 1 ba 1,014 sqft , 2026-07-23

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

$1,680/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

$69,999

20% conventional investment loan

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

Estimated Gross Rent+$1,680

Principal + Interest−$1,910

Property Tax (~2.1% TX avg)−$612

Insurance (~0.5%)−$146

Est. Monthly Cash Flow $-988

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 · 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 20, 2026.

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

8518 Brookfield Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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