Active Listing  ·  43 days on market

8608 Crest Ridge Cir

Austin, TX 78750
$995,000
3 Bed 2 Bath 2,382 sqft $418/sqft Built 1972 0.44 acres 2-Car Garage Pool Balcones Village

The huge (see plat map) backyard of this beautiful home overlooks the 18th hole at the Balcones Country Club and features a very large, inviting swimming pool. Within walking distance of the golf course Clubhouse. Gorgeous windows admit great light into this home, front and back. An oversized bedroom with built- in storage and a view of the backyard could be a fantastic studio or home office. The side-entry garage allows a striking view of the front of the home. There are 2 hidden closets in this home--can you find them? And don't miss the workshop in the garage--with a shop sink. The garage also has great natural light--with 3 windows. Easy access to Hwy. 183, Hwy. 620, the Arboretum, and much retail for shopping and restaurants in the area. Pedernales Electric is the electricity provider. Exceptional location just around the corner from the Balcones Country Club clubhouse. This well-maintained home with mother-in-law floor plan, golf course view, and a large pool make it very desirable. Do not miss this!

At $418/sqft, this home is priced 7% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

8608 Crest Ridge Cir, Austin, TX 78750

Property Details

Price $995,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,382 sqft
Lot Size 0.44 acres (19,131.55 sqft)
Year Built 1972
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Balcones Village
County Travis
Zip Code 78750
$/sqft $418/sqft
Days on Market ,
HOA $50/Annually
Annual Tax Est. $15,335.17
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230683164
List Date June 22, 2026
Elementary School Spicewood
Middle School Canyon Vista
High School Westwood
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
9720 Anchusa Trl
The Oaks at Hill Country Estates
$995,000 $325 4 bd / 4 ba 3,064 sqft , 2026-03-12
5502 Guadalupe St #1
Guadalupe 05 Condo
$995,000 $421 3 bd / 4 ba 2,364 sqft , 2025-09-05
2608 Del Curto Rd #3
Del Curto Condo
$995,000 $393 3 bd / 4 ba 2,530 sqft , 2026-04-16
5511 Joe Sayers Ave #A
Broadacres
$995,000 $513 3 bd / 3 ba 1,940 sqft , 2026-05-08
2803 Manitou Dr
Apache Shores Sec 3 Amended
$995,000 $607 2 bd / 2 ba 1,638 sqft , 2026-06-25

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
$4,776/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
$199,000
20% conventional investment loan

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

Estimated Gross Rent+$4,776
Principal + Interest−$5,430
Property Tax (~2.1% TX avg)−$1,741
Insurance (~0.5%)−$415
Est. Monthly Cash Flow $-2,810

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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