Active Listing  ·  27 days on market

8616 Peafowl St

Austin, TX 78744
$542,990
4 Bed 3 Bath 2,443 sqft $222/sqft Built 2026 0.14 acres 2-Car Garage Pool New Construction Prospect Park Ph 1

Welcome to the Eckerd floor plan, where you'll be greeted by a lovely front porch that sets the tone for the warm and inviting atmosphere of the home. Upon entering, you'll immediately feel the spaciousness of the two-story layout that effortlessly blends an open concept with a highly function design. As you walk past the flex space, prepare to be captivated by the primary bedroom that boasts a stunning en-suite bathroom complete with a garden tub, a refreshing shower, and a generously sized walk-in closet that's perfect for your storage needs. Ascend the stairs to find two bedrooms and an upstairs loft.

At $222/sqft, this home is 43% 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

8616 Peafowl St, Austin, TX 78744

Property Details

Price $542,990
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,443 sqft
Lot Size 0.14 acres (5,998.21 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Prospect Park Ph 1
County Travis
Zip Code 78744
$/sqft $222/sqft
Days on Market ,
HOA $107/Monthly
Annual Tax Est. $820.64
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT237382604
List Date July 8, 2026
Elementary School Newton Collins
Middle School Ojeda
High School Del Valle
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.

Schedule a Call →

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
9437 Caves Valley Dr
Avery South Sec 01 Ph 02
$544,000 $238 4 bd / 2 ba 2,281 sqft , 2026-04-10
8601 Dongan Dr
Easton Park
$544,990 $217 4 bd / 3 ba 2,510 sqft , 2026-05-12
6227 Aviara Dr #E3
Aviara Condo
$545,000 $212 4 bd / 3 ba 2,574 sqft , 2026-04-23
109 Beneteau Dr
The Vineyards at Rough Hollow
$545,000 $244 3 bd / 4 ba 2,231 sqft , 2026-07-06
8204 Yokohama Ter
Easton Park
$545,000 $210 4 bd / 3 ba 2,599 sqft , 2026-07-10

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
$2,606/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
$108,598
20% conventional investment loan

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

Estimated Gross Rent+$2,606
Principal + Interest−$2,963
Property Tax (~2.1% TX avg)−$950
Insurance (~0.5%)−$226
Est. Monthly Cash Flow $-1,533

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →