About This Home

This inviting single-story home offers of comfortable living space and a bright, open feel throughout. The spacious living area is filled with natural light and flows easily into the kitchen, which features beautiful stone countertops and plenty of room for cooking and gathering. The smart layout includes well-sized bedrooms and thoughtful spacing that makes everyday living simple and convenient. Situated on a large, fenced backyard, the property offers mature, established trees that provide welcome shade and a relaxing outdoor setting. Located near schools and shopping, this home combines wide-open spaces with a prime Austin location—an excellent option for buyers seeking comfort, convenience, and room to spread out.

At $236/sqft, this home is 40% 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

8601 Danville Dr, Austin, TX 78753

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Property Details

Price $400,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,696 sqft

Lot Size 0.19 acres (8,481.13 sqft)

Year Built 1979

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Woodbridge Sec 02

County Travis

Zip Code 78753

$/sqft $236/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $7,976.63

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT229052757

List Date July 21, 2026

Elementary School Hart

Middle School Dobie (Austin ISD)

High School Northeast Early College

School District ,

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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 · July 21, 2026 $425,000

Previous ask $410,000

Current ask $400,000

▼ Reduced $25,000 (-5.9%) 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

8507 Shenandoah Dr
Heritage Hills $400,000 $308 3 bd / 2 ba 1,300 sqft , 2026-06-19

9009 Glenn Ln
North Lamar Park Sec 03 $400,000 $319 3 bd / 2 ba 1,254 sqft , 2026-07-20

10006 Faylin Dr
Windsor Hills Sec 03 $399,000 $268 3 bd / 2 ba 1,488 sqft , 2026-07-21

8200 Furness Dr
Woodbridge Sec 03 $380,000 $224 3 bd / 2 ba 1,693 sqft , 2026-06-05

7507 Bethune Ave #B
St Johns College $420,000 $253 3 bd / 3 ba 1,659 sqft , 2026-01-16

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

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 →

8601 Danville Dr