Active Listing  ·  68 days on market

8915 Slayton Dr

Austin, TX 78753
$260,000
3 Bed 2 Bath 1,319 sqft $197/sqft Built 1964 0.17 acres Pool North Lamar Park Sec 02
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About This Home

This property is in an eligible area that qualifies for a buyer's advantage mortgage program (Ask the agent for qualifying details). Welcome to this charming one-story with a recent roof in the established North Lamar Park subdivision, known for affordability and convenient access to major Austin corridors. This neighborhood has easy access to 183, I35, shopping, restaurants & more. The home has 3 bedrooms, 1.5 baths, and 2 living areas. The 2nd living area is the converted garage. It also has washer & dryer hookups. While this home needs updating, it has a lot of potential!

At $197/sqft, this home is 49% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

8915 Slayton Dr, Austin, TX 78753

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Property Details

Price $260,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths 1
Living Area 1,319 sqft
Lot Size 0.17 acres (7,278.88 sqft)
Year Built 1964
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision North Lamar Park Sec 02
County Travis
Zip Code 78753
$/sqft $197/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,112.79
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245868557
List Date September 5, 2026
Elementary School Guerrero Thompson
Middle School Webb
High School Navarro Early College
School District Austin ISD

School District

Austin ISD

Guerrero Thompson · Webb · Navarro Early College

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 · September 5, 2026 $325,000
Previous ask $285,000
Current ask $260,000
▼ Reduced $65,000 (-20.0%) 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
9217 Singing Quail Dr #8E
Quail Run Condo Amd $254,900 $197 2 bd / 2 ba 1,296 sqft , 2026-06-16
9602 Covey Ridge Ln
Park At Quail Creek Amd $245,900 $199 3 bd / 2 ba 1,237 sqft , 2026-08-06
1010 W Rundberg Ln #30
Summertree Condo $239,000 $204 2 bd / 2 ba 1,170 sqft , 2026-08-31
200 E Pheasant Dr
North Creek East Sec 01 $284,500 $264 3 bd / 2 ba 1,077 sqft , 2026-05-06
7800 Northcrest Blvd #407
Holiday Square Condo Amd $229,900 $251 2 bd / 2 ba 917 sqft , 2026-08-13

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
$1,248/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
$52,000
20% conventional investment loan

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

Estimated Gross Rent+$1,248
Principal + Interest−$1,419
Property Tax (assumed ~2.1%)−$455
Insurance (assumed ~0.5%)−$108
Est. Monthly Cash Flow $-734

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 · 41 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. The written content was last updated on November 3, 2026.

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

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