About This Home

Welcome to the Dawson plan! Step into the spacious foyer with two bedrooms conveniently tucked off the entry and connected by a full bathroom. Continue down the hall into the open dining, kitchen and family room. This open space offers sloped ceilings, natural light through the large windows, and plenty of room for entertaining. The owner's bedroom is situated at the rear of the home and includes a bay window for added space and even more natural light. The owner's bath offers a separate soaking tub, and walk in shower, vanity with second sink, and an oversized closet that is sure to impress!

At $254/sqft, this home is 35% 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

9404 Corvallis Dr, Austin, TX 78747

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Property Details

Price $388,990

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,531 sqft

Lot Size 0.12 acres (5,096.52 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Marble Creek Crossing

County Travis

Zip Code 78747

$/sqft $254/sqft

Days on Market ,

HOA $120/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT243461499

List Date August 14, 2026

Elementary School Creedmor

Middle School Ojeda

High School Del Valle

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

6413 Baythorne Dr
Sheldon 230 Sec 01 Ph 03 $385,000 $193 4 bd / 3 ba 1,993 sqft , 2026-07-03

9304 Furman Dr
Marble Creek Crossing $399,990 $202 4 bd / 2 ba 1,983 sqft , 2026-07-28

7201 Calliope Xing
Colton Bluff Ph 3 $410,000 $244 3 bd / 2 ba 1,678 sqft , 2026-04-17

7801 Song Sparrow Dr
Villas at McKinney Crossing $360,000 $189 3 bd / 3 ba 1,908 sqft , 2026-07-20

6913 Sabrina Dr
Springfield Ph C $350,000 $215 3 bd / 2 ba 1,626 sqft , 2026-06-16

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

$77,798

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

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 15, 2026.

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

9404 Corvallis Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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