Active Listing  ·  88 days on market

907 Sleepy Dell Ln

Austin, TX 78748
$389,000
3 Bed 3 Bath 1,886 sqft $206/sqft Built 2015 0.14 acres 2-Car Garage Pool Searight Village Condo

Welcome home to the vibrant energy of South Austin at 907 Sleepy Dell - a well designed 3-bedroom, 2.5-bathroom detached 2 story condo that combines contemporary living in suburban comfort with city convenience.

Minutes from downtown, Southpark Meadows shopping and dining, the Menchaca entertainment district featuring the Moontower Saloon, Mary Moore Searight Park's 3 pickleball courts, this home shines with natural light that highlights fresh interior paint.

The main level offers a primary suite with dual vanities, walk-in & linen closet, and fully tiled bathtub/shower. Upstairs includes two bedrooms, a full bath with walk-in shower and a flexible second living area ideal for work or relaxing. The 2 car garage has been updated with new epoxy coating.

The Searight neighborhood offers a convenient dog park just steps away. Around the corner, Mary Moore Searight Metropolitan Park offers 344 acres of hiking, biking, disc golf, and the Veloway biking/skating track; perfect for daily exercise and weekend fun. Families will appreciate proximity to Casey Elementary, Paredes Middle, and Akins High School. Commuters will love quick access to I-35 and Mopac.

Schedule your private tour today!

At $206/sqft, this home is 47% 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

907 Sleepy Dell Ln, Austin, TX 78748

Property Details

Price $389,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,886 sqft
Lot Size 0.14 acres (6,019.99 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Searight Village Condo
County Travis
Zip Code 78748
$/sqft $206/sqft
Days on Market ,
HOA $160/Monthly
Annual Tax Est. $7,832.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231811325
List Date May 28, 2026
Elementary School Williams
Middle School Paredes
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.

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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 28, 2026 $395,000
Previous ask $392,000
Current ask $389,000
Reduced $6,000 (-1.5%) 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
913 Boatswain Way #195
Searight Village Condo
$385,000 $228 3 bd / 3 ba 1,692 sqft , 2026-08-21
8716 Davis Oaks Trl
Dittmar Crossing
$379,000 $267 3 bd / 3 ba 1,418 sqft , 2026-03-13
9940 Milla Cir #24
Milestone Southpark Condominium
$399,900 $202 3 bd / 3 ba 1,981 sqft , 2026-08-06
10315 Marietta Dr
Sweetwater Glen Condo Amd
$399,900 $195 3 bd / 3 ba 2,054 sqft , 2026-08-20
808 Totis Rd
Searight Village Condo
$399,999 $212 3 bd / 3 ba 1,886 sqft , 2026-04-30

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
$1,867/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
$77,800
20% conventional investment loan

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

Estimated Gross Rent+$1,867
Principal + Interest−$2,123
Property Tax (~2.1% TX avg)−$681
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,099

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 August 24, 2026.

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