Active Listing  ·  33 days on market

8829 Francia Trl

Austin, TX 78748
$349,000
3 Bed 2 Bath 1,247 sqft $280/sqft Built 1997 0.14 acres 2-Car Garage Pool Park Ridge

Nestled in the established Park Ridge neighborhood, this charming home is bright, inviting, and truly move-in ready. Step inside to a welcoming living area featuring high ceilings that create an airy, spacious feel. The adjoining kitchen and dining area are thoughtfully designed and filled with natural light cascading through a large window with arched transom, making it the perfect space for everyday living and entertaining. The generously sized primary suite offers a walk-in closet and a private ensuite bath. Two additional bedrooms provide flexibility for guests, a home office, or a playroom, while the well-appointed secondary bathroom offers comfort and privacy for family and visitors alike. Just off the kitchen, you'll find a dedicated laundry room—complete with a washer and dryer that convey—as well as access to the attached two-car garage with ample storage space. Outside, the private backyard features a lovely patio, ideal for enjoying your morning coffee or relaxing in the shade of mature trees. With excellent curb appeal and solid construction, this home is ready for its next chapter. Recent updates include brand new flooring, interior paint, and door handles. Roof, windows, doors, and attic insulation replaced in 2018. Conveniently located just minutes from Southpark Meadows shopping center, Switchback Coffee, Torchy's Tacos, and H-E-B, and a few blocks from parks and the police & fire station, this home offers the perfect blend of comfort, character, and accessibility.

At $280/sqft, this home is 28% 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

8829 Francia Trl, Austin, TX 78748

Property Details

Price $349,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,247 sqft
Lot Size 0.14 acres (5,893.67 sqft)
Year Built 1997
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Park Ridge
County Travis
Zip Code 78748
$/sqft $280/sqft
Days on Market ,
HOA $250/Annually
Annual Tax Est. $6,947.76
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235821598
List Date July 2, 2026
Elementary School Williams
Middle School Bedichek
High School Crockett
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 · July 2, 2026 $375,000
Current ask $349,000
Reduced $26,000 (-6.9%) 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
2918 N 620 Ranch Rd #O282
VILLAS ON TRAVIS CONDOMINIUM
$349,000 $250 2 bd / 3 ba 1,395 sqft , 2025-04-18
2009 Iroquois Ln #B
East Riverside - Oltorf
$349,000 $241 2 bd / 3 ba 1,450 sqft , 2026-03-17
3901 Colorado High Ave
Colorado Crossing IV Sec 6-B
$349,000 $208 4 bd / 2 ba 1,680 sqft , 2026-04-26
12200 Tawny Farms Rd #139
Gabardine Condo
$349,000 $267 3 bd / 2 ba 1,308 sqft , 2026-06-22
3506 Speedway St #301
PECAN WALK CONDOMINIUMS THE
$349,000 $284 4 bd / 2 ba 1,229 sqft , 2026-06-23

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
$1,675/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
$69,800
20% conventional investment loan

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

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (~2.1% TX avg)−$611
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-986

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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