About This Home

Affordable Opportunity in South Austin – Under $300,000! Where affordability meets opportunity! This home offers just over 1,600 square feet of comfortable living space, making it an excellent choice for first-time buyers, investors, or anyone looking to create a home that's uniquely their own.There is a functional floor plan that includes an open kitchen/dining area, open living room and spacious bedrooms. This home provides the perfect canvas to bring your vision to life. The spacious layout offers room to gather, relax, and grow. In the back you will find lots of beautiful plants, a large tree for good shade and a shed for storage. The neighborhood offers amenities that include a pool, park and much more, not to mention low HOA dues! Close to Easton Park, walking trails and Southpark Meadows. Don't miss out!

At $174/sqft, this home is 55% 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

8704 Keynes Ln, Austin, TX 78747

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Property Details

Price $280,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,605 sqft

Lot Size 0.14 acres (6,198.59 sqft)

Year Built 2010

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Sheldon 230 Sec 01 Ph 03

County Travis

Zip Code 78747

$/sqft $174/sqft

Days on Market ,

HOA $325/Annually

Annual Tax Est. $6,154.89

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT240719810

List Date July 21, 2026

Elementary School Blazier

Middle School Paredes

High School Akins

School District ,

Have Questions About This Property?

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 · July 21, 2026 $299,900

Current ask $280,000

▼ Reduced $19,900 (-6.6%) 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

516 Montopolis Dr
Hutchins Emma $280,000 $182 2 bd / 2 ba 1,539 sqft , 2026-02-24

11433 Lost Maples Trl
Ravenscroft Twnhms Amd $280,000 $146 3 bd / 3 ba 1,922 sqft , 2026-01-16

909 Reinli St #103
Verandas At Uptown Condo $280,000 $238 3 bd / 3 ba 1,176 sqft , 2026-04-14

13013 Titanium St
Harris Branch Tr E-68 Sec 1 $280,000 $230 3 bd / 2 ba 1,216 sqft , 2026-03-10

1101 Grove Blvd #208
Townhomes At Riverside Grove $280,000 $267 2 bd / 3 ba 1,048 sqft , 2026-06-04

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

$1,344/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

$56,000

20% conventional investment loan

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

Estimated Gross Rent+$1,344

Principal + Interest−$1,528

Property Tax (~2.1% TX avg)−$490

Insurance (~0.5%)−$117

Est. Monthly Cash Flow $-791

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

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 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. This page was last updated on August 12, 2026.

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

8704 Keynes Ln