Active Listing  ·  131 days on market

8709 Slater Dr

Austin, TX 78747
$425,000
3 Bed 3 Bath 2,524 sqft $168/sqft Built 2017 0.13 acres 2-Car Garage Pool Goodnight Ranch Ph 1 Sec 2

Welcome to Goodnight Ranch! This beautiful 3-bedroom, 2.5-bath home offers a bright and open floor plan designed for both comfort and functionality. The main level features a spacious office and a private primary suite, complete with a soaking tub, separate walk-in shower, walk-in closet, and water closet.

The heart of the home flows seamlessly for everyday living and entertaining, with natural light throughout and a layout that feels both open and inviting.

Located in the growing Goodnight Ranch community, you’ll enjoy walkable access to exciting new additions, including a local grocer and restaurant coming soon. Outdoor lovers will appreciate being just minutes from Onion Creek Metropolitan Park, with over 500 acres of trails, green space, and recreational areas, as well as nearby McKinney Falls State Park.

Conveniently situated near I-35 and SH-45, with easy access to Downtown Austin, Austin-Bergstrom International Airport, and major employers such as Tesla. Close to Southpark Meadows, shopping, dining, parks, and schools.

A great opportunity to own a home that combines comfort, location, and lifestyle in one of South Austin’s growing communities. Schedule your private showing today.

At $168/sqft, this home is 57% 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

8709 Slater Dr, Austin, TX 78747

Property Details

Price $425,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,524 sqft
Lot Size 0.13 acres (5,789.12 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Goodnight Ranch Ph 1 Sec 2
County Travis
Zip Code 78747
$/sqft $168/sqft
Days on Market ,
HOA $120/Quarterly
Annual Tax Est. $12,408.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221712291
List Date March 26, 2026
Elementary School Blazier
Middle School Paredes
High School Akins
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
2918 Ranch Road 620 None #297
Villas On Travis Condo Amd
$425,000 $210 4 bd / 4 ba 2,024 sqft , 2026-04-06
4229 Johns Light Dr
Ashton Woods Condo
$425,000 $160 3 bd / 3 ba 2,660 sqft , 2025-03-13
7107 Mowbray St #44
Eastwood At Riverside
$425,000 $209 3 bd / 3 ba 2,035 sqft , 2026-04-17
11604 Tedford St
Eubank Acres Sec 01
$425,000 $249 3 bd / 1 ba 1,704 sqft , 2026-04-25
3022 Sea Jay Dr
Enclave At Westgate
$425,000 $248 3 bd / 3 ba 1,714 sqft , 2026-04-24

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
$2,040/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
$85,000
20% conventional investment loan

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

Estimated Gross Rent+$2,040
Principal + Interest−$2,319
Property Tax (~2.1% TX avg)−$744
Insurance (~0.5%)−$177
Est. Monthly Cash Flow $-1,200

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 →