About This Home

Easy living single story home on large corner lot in the Vibrant Goodnight Ranch Community of South Austin. Wonderful floorplan includes 3 Bedrooms and 3 full Bathrooms. The Kitchen opens up into the living room and has beautiful granite countertops, and designer cabinets. Adorable front porch to kick back on. The home also includes a 2 car garage and a small backyard. The Goodnight ranch community has a really nice pool , pocket parks, a 3 mile trail system. Goodnight Ranch also ties into Onion Creek Metropolitan Park which has parks, ponds, and playscape areas. Close to the Austin Bergstrom Airport Downtown Austin, and many great restaurants, this amazing, convenient location is near all the best that Austin has to offer.

At $253/sqft, this home is 35% 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

8901 Panhandle Dr, Austin, TX 78747

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Property Details

Price $400,000

Status Active Listing

Beds 3

Full Baths 3

Half Baths ,

Living Area 1,584 sqft

Lot Size 0.12 acres (5,170.57 sqft)

Year Built 2018

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Goodnight Ranch Ph 1 Sec 3

County Travis

Zip Code 78747

$/sqft $253/sqft

Days on Market ,

HOA $40/Monthly

Annual Tax Est. $9,387.89

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT227695121

List Date May 22, 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 · May 22, 2026 $416,741

Previous ask $406,000

Current ask $400,000

▼ Reduced $16,741 (-4.0%) 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

12321 Yarmont Way
Copperfield Sec 03-C $400,000 $261 3 bd / 2 ba 1,533 sqft , 2026-04-12

7913 Tisdale Dr
SUNSET VIEW $400,000 $300 4 bd / 2 ba 1,332 sqft , 2026-02-03

8507 Contour Dr
Wooten Park Sec 05 $400,000 $329 3 bd / 2 ba 1,214 sqft , 2026-06-17

8507 Shenandoah Dr
Heritage Hills $400,000 $308 3 bd / 2 ba 1,300 sqft , 2026-06-19

10602 Double Tree Cv
Village 02 At Anderson Mill $400,000 $239 3 bd / 2 ba 1,676 sqft , 2026-06-05

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

$1,920/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

$80,000

20% conventional investment loan

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

Estimated Gross Rent+$1,920

Principal + Interest−$2,183

Property Tax (~2.1% TX avg)−$700

Insurance (~0.5%)−$167

Est. Monthly Cash Flow $-1,130

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

8901 Panhandle Dr