Active Listing  ·  21 days on market

9123 Fainwood Ln

Austin, TX 78749
$579,990
3 Bed 2 Bath 1,687 sqft $344/sqft Built 1994 0.18 acres 2-Car Garage Pool Circle C Ranch Ph A Sec 01

Welcome to 9123 Fainwood Lane, a single-story residence nestled in the heart of Austin’s highly coveted Circle C community. Tucked away within a manicured and established neighborhood defined by tree-lined streets, mature shade trees, and timeless Texas curb appeal, this home offers the ideal balance of warmth, privacy, and potential. From the moment you arrive, the charming facade and convenient side-entry garage create an immediate impression of quality and thoughtful architecture. Inside, the well-maintained single-story layout presents a perfectly ready palette for its next owner to personalize, modernize, and truly make it their own. Designed for comfortable everyday living and effortless hosting, the interior flows naturally across dining, kitchen, and lliving spaces. The split-bedroom plan ensures maximum peace and solitude, positioning the spacious primary suite in its own private wing away from the secondary bedrooms—ideal for rest, relaxation, or working from home in quiet comfort. Step out onto the freshly painted back deck to experience your own private outdoor sanctuary, perfect for entertaining guests, hosting summer barbecues, or unwinding in the tranquility of nature after a long day. Beyond the home itself, living in Circle C provides an unrivaled Southwest Austin lifestyle anchored by world-class amenities, including resort-style pools, community centers, sports courts, and scenic parklands. Families will appreciate access to top-rated schools, while day-to-day convenience is guaranteed with nearby shopping, dining, and grocers just minutes down the road. Outdoor enthusiasts will adore being moments from the famous 3.1-mile, 23 feet wide Veloway track and the breathtaking native landscapes of the Lady Bird Johnson Wildflower Center. Offering an incredible combination of location, structure, and lifestyle, 9123 Fainwood Lane stands ready to welcome you home to one of Austin's most cherished communities.

At $344/sqft, this home is 12% 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

9123 Fainwood Ln, Austin, TX 78749

Property Details

Price $579,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,687 sqft
Lot Size 0.18 acres (7,727.54 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 $344/sqft
Days on Market ,
HOA $529/Semi-Annually
Annual Tax Est. $11,685.88
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242215555
List Date August 3, 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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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
9201 La Siesta Bnd
Village At Western Oaks Sec 16
$575,000 $293 4 bd / 2 ba 1,960 sqft , 2026-05-26
5958 Salcon Cliff Dr
Village At Western Oaks Sec 15-a
$585,000 $330 3 bd / 2 ba 1,772 sqft , 2026-07-30
6661 Ruxton Ln
Circle C Ranch Ph A Sec 01
$589,000 $315 3 bd / 2 ba 1,867 sqft , 2026-07-02
5815 Lomita Verde Cir
Village At Western Oaks Sec 33
$589,000 $342 3 bd / 2 ba 1,723 sqft , 2026-07-25
6401 Sam Maverick Pass
Legend Oaks Ph A Sec 05a
$565,000 $288 4 bd / 3 ba 1,964 sqft , 2026-08-10

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
$2,784/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
$115,998
20% conventional investment loan

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

Estimated Gross Rent+$2,784
Principal + Interest−$3,165
Property Tax (~2.1% TX avg)−$1,015
Insurance (~0.5%)−$242
Est. Monthly Cash Flow $-1,638

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 15, 2026.

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