Active Listing  ·  221 days on market

9507 Capitol View Dr

Austin, TX 78747
$815,000
2 Bed 5 Bath 2,175 sqft $375/sqft Built 1993 2.37 acres Pool Capitol View Estates

2.37 Acres ready for development. The property is located just a few yards outside the City limits of Austin, in the Country with NO ZONING. There is absolutely no value placed on the home. The value is in the acreage. There are lots of commercial developments in the area. The property is level and rectangular, making it ideal for subdividing. Self-storage would be great with so many homes and apartments nearby.

Highest & Best Use

Contractor yard / equipment storage

RV park or tiny home community

Live-work commercial

Tow yard / auto storage

Small industrial / fabrication

Flex commercial with yard space

There is a Fire Station at the City limits of Austin, which is only a few hundred feet from the property. Do a drive-by first, if you like what you see, call me, and an appointment will be needed to go onto the property.

At $375/sqft, this home is 4% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

9507 Capitol View Dr, Austin, TX 78747

Property Details

Price $815,000
Status Active Listing
Beds 2
Full Baths 3
Half Baths 2
Living Area 2,175 sqft
Lot Size 2.37 acres (103,237.2 sqft)
Year Built 1993
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Capitol View Estates
County Travis
Zip Code 78747
$/sqft $375/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $2,308.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT121268919
List Date December 26, 2025
Elementary School Blazier
Middle School Paredes
High School Akins
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.

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
4207 Margarita St
Mueller
$814,500 $419 3 bd / 3 ba 1,942 sqft , 2026-07-09
1301 Town Creek Dr #2
South Shore Pointe
$819,000 $324 3 bd / 4 ba 2,528 sqft , 2025-10-09
1028 Ellingson Ln
Mayfair Terrace
$824,900 $368 2 bd / 1 ba 2,240 sqft , 2026-07-05
12009 Fennec Way
Foxfield
$824,999 $390 3 bd / 3 ba 2,116 sqft , 2026-04-10
1209 Kinney Ave #D
Kinney Lofts Condo
$825,000 $399 2 bd / 3 ba 2,068 sqft , 2026-01-14

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
$3,912/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
$163,000
20% conventional investment loan

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

Estimated Gross Rent+$3,912
Principal + Interest−$4,448
Property Tax (~2.1% TX avg)−$1,426
Insurance (~0.5%)−$340
Est. Monthly Cash Flow $-2,302

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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