Active Listing  ·  153 days on market

8601 Rock Pigeon Dr

Austin, TX 78729
$448,000
4 Bed 3 Bath 2,186 sqft $205/sqft Built 2013 0.16 acres 2-Car Garage Pool Parmer Village Condo

This stunning freestanding detached condo offers the privacy and lifestyle of a single-family home, complete with a private fenced backyard, individual driveway, and an attached two-car garage. Expansive view of the community park and pool across the street from the 2nd-floor covered balcony. High-end finishes, including wood floors. granite countertops and a fireplace. Builder: DR Horton. High ceilings. Stainless steel appliances. Built-in microwave. Recess and under-cabinet lighting. Full Sprinkler system. Refrigerator, washer, dryer, and hot tub all convey. A remarkably low 1.7438% tax rate. Low monthly condo dues. Prime tech corridor location, only 4 minutes, 1.7 miles from the new Apple mega-campus. Level backyard with oversized covered patio. Community pool, trails, green space, park, clubhouse, and playground. Open floor plan. 4 bedrooms, 2.5 baths, 2 living rooms, 2,186 square feet. 2-car garage. Oversized corner lot. Primary bedroom with two walk-in closets, double vanities, a garden tub, and a separate walk-in shower. Roof, HVAC, and Water Heater are 2013. Near shopping, eateries, restaurants, and coffee shops. 2 miles from H-E-B. Close to the Domain, Arboretum, Costco, Trader Joe's, and Whole Foods. 20 minutes from downtown Austin, 6 miles from The Domain, 30 minutes from the Airport. 20 minutes from Samsung. 30 minutes from Tesla. 12 minutes from Dell. Electric, water, and sewer are provided by the City of Austin. Trash is Republic Services. The Internet is ATT or Spectrum. Top-rated Round Rock ISD schools. McNeil High is now offering the prestigious IB program: https://ib.roundrockisd.org/ https://8601rockpigeondrive.mls.tours/u/

At $205/sqft, this home is 48% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8601 Rock Pigeon Dr, Austin, TX 78729

Property Details

Price $448,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,186 sqft
Lot Size 0.16 acres (7,013.16 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Parmer Village Condo
County Williamson
Zip Code 78729
$/sqft $205/sqft
Days on Market ,
HOA $90/Monthly
Annual Tax Est. $5,641
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT222256280
List Date March 14, 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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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 · March 14, 2026 $460,000
Current ask $448,000
Reduced $12,000 (-2.6%) 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
13513 Oystercatcher Dr
Parmer Village Condo
$445,000 $184 4 bd / 3 ba 2,416 sqft , 2026-05-01
14305 Eucalyptus Bnd
Parmer Xing Condos
$440,000 $223 3 bd / 3 ba 1,977 sqft , 2026-06-11
8905 Bridgewood Trl
Springwoods Sec 02e
$465,000 $217 4 bd / 3 ba 2,139 sqft , 2026-07-23
7601 Windrush Dr
Milwood
$425,000 $244 3 bd / 3 ba 1,744 sqft , 2026-05-22
7519 Windrush Dr
Milwood Sec 32A Rep Sec 32
$425,000 $238 4 bd / 3 ba 1,789 sqft , 2026-07-31

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
$2,150/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
$89,600
20% conventional investment loan

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

Estimated Gross Rent+$2,150
Principal + Interest−$2,445
Property Tax (~2.1% TX avg)−$784
Insurance (~0.5%)−$187
Est. Monthly Cash Flow $-1,266

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 August 9, 2026.

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