Active Listing  ·  121 days on market

8611 Georgian Dr

Austin, TX 78753
$185,000
4 Bed 1 Bath 960 sqft $193/sqft Built 1962 0.15 acres Pool Dean Terrace

Discover a charming residence nestled in a desirable Austin neighborhood, offering an exceptional opportunity for comfortable living. This inviting home provides a serene escape while maintaining convenient access to local amenities. The single-story layout ensures effortless navigation throughout the 960 square feet of thoughtfully designed living space, creating an environment perfect for daily life and entertaining. The property spans a generous 0.15-acre lot, providing ample outdoor potential. Enjoy the vibrant community atmosphere and the ease of access to Austin's dynamic offerings. This home is a true gem, presenting a harmonious blend of tranquility and urban connectivity, ready to welcome its new occupants into a lifestyle of convenience and charm.

At $193/sqft, this home is 51% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8611 Georgian Dr, Austin, TX 78753

Property Details

Price $185,000
Status Active Listing
Beds 4
Full Baths 1
Half Baths ,
Living Area 960 sqft
Lot Size 0.15 acres (6,468.66 sqft)
Year Built 1962
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Dean Terrace
County Travis
Zip Code 78753
$/sqft $193/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $3,675.16
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239758829
List Date July 14, 2026
Elementary School Barrington
Middle School Webb
High School Navarro Early College
School District Austin ISD

Austin ISD

Barrington · Webb · Navarro Early College

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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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
$888/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
$37,000
20% conventional investment loan

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

Estimated Gross Rent+$888
Principal + Interest−$1,010
Property Tax (assumed ~2.1%)−$324
Insurance (assumed ~0.5%)−$77
Est. Monthly Cash Flow $-523

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 · 41 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. The written content was last updated on July 15, 2026.

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

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