Active Listing  ·  36 days on market

9120 Fainwood Ln

Austin, TX 78749
$515,000
3 Bed 2 Bath 1,526 sqft $337/sqft Built 1994 0.14 acres 2-Car Garage Pool Circle C Ranch Ph A Sec 01

Welcome to 9120 Fainwood, a fantastic opportunity to get into the highly sought-after Circle C community. This well-designed home offers a functional, open floor plan with vaulted ceilings, abundant natural light, a cozy fireplace, and easy flow between the living, dining, and kitchen spaces. The spacious primary suite features an ensuite bath, while the additional bedroom offers flexibility for guests, an office, or nursery. Outside, enjoy a generous private backyard with mature trees and plenty of room to relax, entertain, or play.

Circle C residents enjoy access to an incredible collection of neighborhood amenities including multiple pools, parks, playgrounds, volleyball courts, miles of trails, and highly regarded schools. With its comfortable layout, great outdoor space, and unbeatable Southwest Austin location, 9120 Fainwood is an ideal home and a wonderful opportunity to make Circle C home.Roof (7 years old), HVAC capacitor (2 years ago)

At $337/sqft, this home is 14% 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

9120 Fainwood Ln, Austin, TX 78749

Property Details

Price $515,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,526 sqft
Lot Size 0.14 acres (5,998.21 sqft)
Year Built 1994
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Circle C Ranch Ph A Sec 01
County Travis
Zip Code 78749
$/sqft $337/sqft
Days on Market ,
HOA $467/Semi-Annually
Annual Tax Est. $9,900
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245529622
List Date September 2, 2026
Elementary School Kiker
Middle School Gorzycki
High School Bowie
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 · September 2, 2026 $520,000
Current ask $515,000
▼ Reduced $5,000 (-1.0%) 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
5613 Lomita Verde Cir
Village At Western Oaks Sec 33
$519,000 $321 4 bd / 2 ba 1,619 sqft , 2026-08-27
6401 Sam Maverick Pass
Legend Oaks Ph A Sec 05a
$537,900 $274 4 bd / 3 ba 1,964 sqft , 2026-08-10
9024 Heiden Ln
Circle C Ranch
$545,000 $363 3 bd / 2 ba 1,500 sqft , 2026-07-10
9123 Fainwood Ln
Circle C Ranch Ph A Sec 01
$559,000 $331 3 bd / 2 ba 1,687 sqft , 2026-08-03
6610 Debcoe Dr
Shadowridge Crossing Sec 02
$569,500 $299 3 bd / 2 ba 1,902 sqft , 2026-09-04

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
$2,472/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
$103,000
20% conventional investment loan

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

Estimated Gross Rent+$2,472
Principal + Interest−$2,811
Property Tax (~2.1% TX avg)−$901
Insurance (~0.5%)−$215
Est. Monthly Cash Flow $-1,455

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 October 4, 2026.

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