Active Listing  ·  34 days on market

8700 Wafer Ash Way

Austin, TX 78750
$895,000
4 Bed 3 Bath 2,889 sqft $310/sqft Built 1996 0.25 acres 3-Car Garage Pool Bluffs Sec 1 At The Villages O

The home is repainted looks a like brand new home. Flooded with natural light and framed by beautiful views, this inviting home offers thoughtful updates and a highly functional layout. The spacious kitchen features a bar-height countertop that opens to the main living area, complemented by a cozy breakfast nook and a formal dining room. A second living space at the front of the home adds flexibility and can easily serve as a formal living room or private study. The breakfast area flows seamlessly to the covered back patio, creating an ideal setup for everyday living and entertaining. All four bedrooms are located upstairs, each with a pleasant view, along with a generous game room perfect for a media room, play space, or additional lounge area. The three-car garage provides exceptional storage with built-in cabinets, a workbench, and a refrigerator hookup. The backyard is designed for relaxation and enjoyment, featuring a covered patio and a charming vegetable garden. Recent updates include a new roof, fresh interior paint, and true move-in-ready condition. Zoned to highly regarded Round Rock ISD, this home is an excellent fit for families with growing children. Ideally located just five minutes from The Domain and within walking distance of Balcones Country Club, this property offers an exceptional blend of comfort, space, and convenience.

At $310/sqft, this home is 21% 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

8700 Wafer Ash Way, Austin, TX 78750

Property Details

Price $895,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,889 sqft
Lot Size 0.25 acres (10,772.39 sqft)
Year Built 1996
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bluffs Sec 1 At The Villages O
County Travis
Zip Code 78750
$/sqft $310/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $15,187.64
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238260556
List Date July 1, 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
4510 Terry O Ln #326
STATION AT ST ELMO THE CONDOMINIUMS
$895,000 $466 3 bd / 3 ba 1,920 sqft , 2026-04-10
5408 Agatha Cir
Meadows At Trinity Crossing Ph
$895,000 $315 4 bd / 3 ba 2,838 sqft , 2026-04-14
5629 Siragusa Dr
Bella Colinas Sec 7,8,& 9
$895,000 $235 4 bd / 4 ba 3,816 sqft , 2026-01-06
5217 China Garden Dr
River Place Sec 06
$895,000 $259 5 bd / 4 ba 3,458 sqft , 2026-05-13
1800 Poquito St
Crows Sub Resub Lt 6& Pt Lt 7
$895,000 $419 3 bd / 3 ba 2,138 sqft , 2026-05-28

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
$4,296/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
$179,000
20% conventional investment loan

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

Estimated Gross Rent+$4,296
Principal + Interest−$4,884
Property Tax (~2.1% TX avg)−$1,566
Insurance (~0.5%)−$373
Est. Monthly Cash Flow $-2,527

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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