Active Listing  ·  14 days on market

8605 Primrose Ln

Austin, TX 78757
$739,000
4 Bed 2 Bath 1,874 sqft $394/sqft Built 1968 0.23 acres 2-Car Garage Pool Northwest Terrace Sec 01

Charming Central Austin home in the sought-after 78757 area with a rare 280 sq. ft. casita offering a bedroom, full bath, and living area with kitchenette. Perfect for in-law quarter, guests, a private office, studio, or flexible additional living space with income potential.

Inside the main home, an inviting open layout is filled with character, featuring hardwood floors, crown molding, a cozy fireplace, stainless steel appliances, and multiple French doors that bring in natural light and create easy access to the outdoors.

The private backyard is shaded by mature trees and features a spacious deck with plenty of room for entertaining, dining, or relaxing. Established landscaping and a hot tub complete the outdoor space.

Conveniently located near Burnet Rd, Anderson Ln, US-183, Mopac, shopping, restaurants, and many of North Central Austin’s favorite destinations. With its combination of classic Austin charm, flexible living spaces, a detached casita, and an exceptional central location, 8605 Primrose Ln offers something truly special.

At $394/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,454 active listings. View Austin market report →

Location

8605 Primrose Ln, Austin, TX 78757

Property Details

Price $739,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,874 sqft
Lot Size 0.23 acres (9,831.49 sqft)
Year Built 1968
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Northwest Terrace Sec 01
County Travis
Zip Code 78757
$/sqft $394/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,400.86
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247512446
List Date September 24, 2026
Elementary School Pillow
Middle School Burnet (Austin ISD)
High School Anderson
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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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
3204 Benbrook Dr
Allandale Estates Sec 04
$739,000 $438 4 bd / 2 ba 1,686 sqft , 2026-10-01
3304 Whitepine Dr
Allandale Park Sec 09
$704,999 $353 3 bd / 2 ba 1,998 sqft , 2026-07-03
8305 Briarwood Ln
Northtowne Sec 01
$775,000 $382 4 bd / 3 ba 2,028 sqft , 2026-03-13
8612 Stillwood Ln
Northwest Terrace Sec 02
$700,000 $387 3 bd / 2 ba 1,808 sqft , 2026-08-28
3602 Serena Woods Ct
Serena Woods
$699,950 $385 4 bd / 2 ba 1,816 sqft , 2026-07-03

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
$3,547/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
$147,800
20% conventional investment loan

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

Estimated Gross Rent+$3,547
Principal + Interest−$4,033
Property Tax (~2.1% TX avg)−$1,293
Insurance (~0.5%)−$308
Est. Monthly Cash Flow $-2,087

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 October 3, 2026.

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