Active Listing  ·  84 days on market

8617 Cobblestone None

Austin, TX 78735
$799,000
3 Bed 3 Bath 2,661 sqft $300/sqft Built 2005 0.26 acres 3-Car Garage Pool Travis Country West Sec 02

Improved Pricing on this beautifully updated Oak Hill Home on a private greenbelt lot in desirable Travis Country West. This move-in ready home features a completely remodeled kitchen with upgraded double ovens and range, Quartz countertops, repainted cabinetry, and luxury vinyl flooring downstairs. Additionally, it boasts recent 2026 upstairs carpet, upgraded light fixtures, updated faucets, fresh interior and exterior paint, as well as a recent 2026 shingles, hot water heater, and HVAC system.

The spacious and light-filled floor plan offers multiple living areas, soaring vaulted ceilings in all three bedrooms, a welcoming fireplace, and elegant custom Roman shades in the downstairs living and dining areas. The tandem three-car garage provides excellent flexibility for storage, a workshop, or additional parking.

Enjoy breathtaking sunset views from the expansive deck overlooking a peaceful greenbelt with no rear neighbors, creating exceptional privacy and a serene outdoor setting surrounded by mature oak trees. Front and back sprinkler systems included.

Located in a highly sought-after Travis Country West community with access to a pool, pavilion, playground, basketball court, extensive hike-and-bike trails, and convenient access to downtown Austin, shopping, dining, and major commuter routes.

At $300/sqft, this home is 23% 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

8617 Cobblestone None, Austin, TX 78735

Property Details

Price $799,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,661 sqft
Lot Size 0.26 acres (11,116.51 sqft)
Year Built 2005
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Travis Country West Sec 02
County Travis
Zip Code 78735
$/sqft $300/sqft
Days on Market ,
HOA $560/Annually
Annual Tax Est. $15,058.77
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229215785
List Date May 12, 2026
Elementary School Oak Hill
Middle School Small
High School Austin
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 · May 12, 2026 $849,000
Previous ask $819,000
Current ask $799,000
Reduced $50,000 (-5.9%) 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
4412 S 1st St #2
Hartkopf Annex
$799,000 $417 3 bd / 4 ba 1,918 sqft , 2026-02-21
404 Amiata Ave #34
Villas At Tuscan Village Amd
$799,000 $319 3 bd / 3 ba 2,506 sqft , 2026-01-16
4010 Long Champ Dr #14
Steeplechase Gardenhomes Amd
$799,000 $318 3 bd / 3 ba 2,509 sqft , 2026-04-03
16913 Roselin Dr
Provence
$799,000 $283 4 bd / 3 ba 2,826 sqft , 2026-03-22
103 S Laurelwood Dr S
LAKE RIDGE ESTATES SEC 3
$799,000 $402 3 bd / 2 ba 1,989 sqft , 2026-02-05

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
$3,835/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
$159,800
20% conventional investment loan

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

Estimated Gross Rent+$3,835
Principal + Interest−$4,360
Property Tax (~2.1% TX avg)−$1,398
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,256

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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