About This Home

Spacious 3-bedroom, 2.5-bath home in McKinney Park East offering 2,244 sqft of living space. Built in 2007, this home features solar panels designed to help reduce energy costs. The downstairs offers laminate wood and tile flooring, a large open kitchen with plenty of space for entertaining, and two living areas providing flexible living space. Conveniently located near McKinney Falls State Park with easy access to major roads, shopping, dining, and Downtown Austin. A great opportunity to enjoy comfortable living in Southeast Austin.

At $149/sqft, this home is 62% 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

9109 Ipswich Bay Dr, Austin, TX 78747

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Property Details

Price $335,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 2,244 sqft

Lot Size 0.14 acres (6,011.28 sqft)

Year Built 2007

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Sheldon 230 Sec 01 Ph 02

County Travis

Zip Code 78747

$/sqft $149/sqft

Days on Market ,

HOA $300/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT228106713

List Date May 6, 2026

Elementary School Blazier

Middle School Paredes

High School Akins

School District ,

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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

5613 Charles Merle Dr #A
Goodnight Ranch $334,000 $181 3 bd / 3 ba 1,848 sqft , 2026-04-24

6205 Arbor Crest Ln
Vistas of Austin $337,000 $205 3 bd / 2 ba 1,640 sqft , 2026-07-02

10117 Crescendo Ln
Bradshaw Crossing Sub Sec 11 $330,000 $166 4 bd / 3 ba 1,984 sqft , 2026-06-05

6702 Roseborough Dr
Bend At Nuckols Crossing Ph 01 $330,000 $224 3 bd / 2 ba 1,475 sqft , 2026-06-10

5913-B Charles Merle Dr #16
GOODNIGHT RANCH CONDOMINIUMS $340,000 $185 3 bd / 3 ba 1,840 sqft , 2026-04-20

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

$1,608/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

$67,000

20% conventional investment loan

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

Estimated Gross Rent+$1,608

Principal + Interest−$1,828

Property Tax (~2.1% TX avg)−$586

Insurance (~0.5%)−$140

Est. Monthly Cash Flow $-946

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

About the Author

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 19, 2026.

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

9109 Ipswich Bay Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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