Active Listing  ·  66 days on market

8807 Merion Cir

Austin, TX 78754
$375,000
2 Bed 2 Bath 1,411 sqft $266/sqft Built 1974 0.07 acres 2-Car Garage Pool Chimneyhill 01 Instl

$35k DOWN OWNER FINANCING!! FULLY RENOVATED 2 bed with an extra 1 "bonus room/loft" upstairs, 2 bath home featuring an open floor plan with soaring 30-foot ceilings! Home features a chef's kitchen with brand new stainless steel appliances. Stunning spiral staircase leading to a loft perfect for an office or bonus room. Nice layout with lots of windows. Sliding doors open to TWO private atriums. Also has a finished 2 car garage. Great location with easy commute to Capital, Mueller, Downtown, Eastside, Domain. Highway accessibility to IH 35, 290, 130 within minutes. Centrally located just 12 minutes away from the conveniences of downtown Austin. The HOA community has a neighborhood pool, tennis courts and trails. HOA also includes lawn maintenance! Owner Financing is being offered. Inquire with listing agent for details. House is also available for rent for $2490.

At $266/sqft, this home is 32% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8807 Merion Cir, Austin, TX 78754

Property Details

Price $375,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,411 sqft
Lot Size 0.07 acres (2,861.89 sqft)
Year Built 1974
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Chimneyhill 01 Instl
County Travis
Zip Code 78754
$/sqft $266/sqft
Days on Market ,
HOA $175/Monthly
Annual Tax Est. $4,289.77
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236750049
List Date June 17, 2026
Elementary School Jordan
Middle School Dobie (Austin ISD)
High School Lyndon B Johnson (Austin ISD)
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
5012 Magari Path
Chapman Estates
$375,000 $251 3 bd / 2 ba 1,495 sqft , 2026-07-24
9205 Magna Carta Loop
Colonial Place Amd
$365,000 $226 3 bd / 2 ba 1,613 sqft , 2026-08-14
5214 Langwood Dr
Chimney Hill Ph 02 Sec 01
$315,000 $192 2 bd / 3 ba 1,641 sqft , 2026-07-29
4703 Dorchester Heights Ln
Colonial Place Amd
$309,900 $165 3 bd / 2 ba 1,877 sqft , 2026-04-18
9205 Happy Trl
Walnut Place Sec 01
$449,900 $300 3 bd / 2 ba 1,498 sqft , 2026-04-25

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
$1,800/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
$75,000
20% conventional investment loan

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

Estimated Gross Rent+$1,800
Principal + Interest−$2,047
Property Tax (~2.1% TX avg)−$656
Insurance (~0.5%)−$156
Est. Monthly Cash Flow $-1,059

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 July 29, 2026.

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