Active Listing  ·  26 days on market

8801 Parkfield Dr

Austin, TX 78758
$315,000
3 Bed 1 Bath 967 sqft $326/sqft Built 1965 0.22 acres 1-Car Garage Pool WOOTEN VILLAGE SEC 2

INCREDIBLE BUYER INCENTIVES: $5,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $5,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 8801 Parkfield Dr is a residence with a functional layout and comfortable living spaces throughout. The kitchen features quartz countertops, a walk-in pantry, and stainless steel appliances, creating a well-equipped space for cooking and entertaining. A patio extends the living space outdoors, flowing to a fully fenced backyard that creates ample room for relaxation and entertaining, with a storage shed adding extra utility. An attached garage completes this well-maintained residence with practical amenities and comfortable living spaces throughout every room. Included 100-Day Home Warranty with buyer activation

At $326/sqft, this home is 17% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8801 Parkfield Dr, Austin, TX 78758

Property Details

Price $315,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 967 sqft
Lot Size 0.22 acres (9,435.1 sqft)
Year Built 1965
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision WOOTEN VILLAGE SEC 2
County Travis
Zip Code 78758
$/sqft $326/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,904.94
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244634018
List Date August 28, 2026
Elementary School Wooldridge
Middle School Burnet (Austin ISD)
High School Navarro Early College
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 · August 28, 2026 $325,000
Current ask $315,000
Reduced $10,000 (-3.1%) 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
1106 Chesapeake Dr
Jamestown Sec 02
$330,000 $328 3 bd / 1 ba 1,006 sqft , 2026-07-11
1500 Fairfield Dr
Wooten Park Sec 05
$299,990 $271 3 bd / 1 ba 1,105 sqft , 2026-06-23
8518 Brookfield Dr
Wooten Village Sec 03
$339,995 $363 2 bd / 1 ba 936 sqft , 2026-08-19
1748 Ohlen Rd #68
Brandywine Condo Amd
$285,000 $239 2 bd / 2 ba 1,194 sqft , 2026-08-07
8107 Lazy Ln
Wooten Park Sec 01
$349,000 $323 3 bd / 1 ba 1,080 sqft , 2026-04-02

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 September 23, 2026.

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