About This Home

Price Reduced! Outside Austin City Limits, NO City Taxes! No HOA. Check out the super Low County Taxes and Tax Appraisals in neighborhood, historic opportunity to purchase your Texas Homestead!! Mature Pecan Trees. Large Outbuilding and level yard, almost a half acre, 161 x 120 Foot Lot! Close to major highways easy access to the central city. Walnut Place is the best close in neighborhood, NEXT TO but Not in the City limits of Austin.

At $300/sqft, this home is 23% 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

9205 Happy Trl, Austin, TX 78754

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $449,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,498 sqft

Lot Size 0.44 acres (19,366.78 sqft)

Year Built 1960

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Walnut Place Sec 01

County Travis

Zip Code 78754

$/sqft $300/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $0.01

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT225096776

List Date April 25, 2026

Elementary School Jordan

Middle School Dobie (Austin ISD)

High School Lyndon B Johnson (Austin ISD)

School District ,

Have Questions About This Property?

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 →

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

8807 Merion Cir
Chimneyhill 01 Instl $375,000 $266 2 bd / 2 ba 1,411 sqft , 2026-06-17

9205 Magna Carta Loop
Colonial Place Amd $365,000 $226 3 bd / 2 ba 1,613 sqft , 2026-08-14

5214 Langwood Dr
Chimney Hill Ph 02 Sec 01 $315,000 $192 2 bd / 3 ba 1,641 sqft , 2026-07-29

4703 Dorchester Heights Ln
Colonial Place Amd $309,900 $165 3 bd / 2 ba 1,877 sqft , 2026-04-18

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

$2,160/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

$89,980

20% conventional investment loan

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

Estimated Gross Rent+$2,160

Principal + Interest−$2,455

Property Tax (~2.1% TX avg)−$787

Insurance (~0.5%)−$187

Est. Monthly Cash Flow $-1,269

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 July 27, 2026.

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

9205 Happy Trl

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

More Luxury Homes in Austin

Explore Austin Real Estate