Active Listing  ·  62 days on market

9021 Kimono Ridge Dr

Austin, TX 78748
$400,000
3 Bed 3 Bath 1,537 sqft $260/sqft Built 2001 0.14 acres 2-Car Garage Pool Laurelwood Estates

Welcome to South Austin living at its finest! Nestled on a premium lot with no neighbors on one side or directly behind, this turn-key residence at 9021 Kimono Ridge Dr offers an exceptional combination of privacy, modern upgrades, and convenience.

At the heart of this home is the open kitchen, updated in 2024, featuring stylish modern finishes, generous counter space, and a seamless flow into the main living spaces—making daily routines and weekend entertaining an absolute breeze. Big-ticket comfort and energy efficiency are already checked off your list thanks to a 2025 installed HVAC unit.

Outside, the backyard provides a tranquil retreat with an added layer of privacy rarely found in the area, offering a quiet backdrop for relaxation, outdoor dining, or gardening.

Minutes from the 300+ acre Mary Moore Searight Metropolitan Park, featuring scenic hike-and-bike trails, disc golf, sports courts, and off-leash dog trails. Bauerle Ranch Park and trail networks are also nearby.

Located near the lively South Menchaca entertainment corridor, home to popular local gathering spots like Armadillo Den, South Austin Beer Garden, Moontower Saloon, and Bouldin Acres.

Just a short drive to Southpark Meadows for major retail, dining, and grocers, with convenient access to I-35 and MoPac for an easy commute to Downtown Austin.

At $260/sqft, this home is 34% 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

9021 Kimono Ridge Dr, Austin, TX 78748

Property Details

Price $400,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,537 sqft
Lot Size 0.14 acres (6,011.28 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Laurelwood Estates
County Travis
Zip Code 78748
$/sqft $260/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,229.8
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240557570
List Date July 23, 2026
Elementary School Casey
Middle School Bailey
High School Akins
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.

Schedule a Call →

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 23, 2026 $425,000
Current ask $400,000
Reduced $25,000 (-5.9%) 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
8024 Bird Song Cir
Novel
$399,990 $253 3 bd / 3 ba 1,583 sqft , 2026-09-07
9936 Aly May Dr
Hollow/Slaughter Crk Sec 01
$399,900 $213 3 bd / 3 ba 1,880 sqft , 2026-06-24
10310 Menchaca Rd
Ford Oaks Annex
$399,000 $317 2 bd / 2 ba 1,258 sqft , 2026-09-18
10028 Wading Pool Path
Hollow At Slaughter Creek Sec
$390,000 $198 3 bd / 3 ba 1,973 sqft , 2026-06-25
1408 Middlefield Ct
Hollow At Slaughter Creek Sec
$410,000 $212 3 bd / 3 ba 1,935 sqft , 2026-07-21

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

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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 20, 2026.

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