Active Listing  ·  49 days on market

9507 Sherbrooke St

Austin, TX 78729
$505,000
5 Bed 2 Bath 1,799 sqft $281/sqft Built 1977 0.38 acres 2-Car Garage Pool Forest North Estates Ph 2

Welcome to this unique Northwest Austin property offering space, flexibility, and exciting potential on an oversized .38+ acre lot. The property features an approximately 1,800 sq. ft. main residence plus a substantial detached guest/flex house, providing roughly 2,300 sq. ft. of combined usable space.

Recent improvements include a new roof and new fencing along the side of the property. The kitchen and bathrooms have also been updated. The detached space is already equipped with a kitchenette and offers a variety of possibilities such as: multigenerational living, a home office, studio, recreation space, or the potential for a more complete guest suite with the addition of a bathroom.

With a large lot, additional detached house, and significant recent improvements, this property offers a combination of space and versatility that is hard to find in Northwest Austin.

At $281/sqft, this home is 28% 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

9507 Sherbrooke St, Austin, TX 78729

Property Details

Price $505,000
Status Active Listing
Beds 5
Full Baths 2
Half Baths ,
Living Area 1,799 sqft
Lot Size 0.38 acres (16,670.41 sqft)
Year Built 1977
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Forest North Estates Ph 2
County Williamson
Zip Code 78729
$/sqft $281/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,500.24
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244080282
List Date August 20, 2026
Elementary School Forest North
Middle School Deerpark
High School McNeil
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 · August 20, 2026 $524,900
Previous ask $514,000
Current ask $505,000
▼ Reduced $19,900 (-3.8%) 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
12505 Parkland Dr
JOLLY OAKS PH 1
$509,900 $284 4 bd / 2 ba 1,795 sqft , 2026-09-03
13002 Cedarhurst Cir
Forest North Estates Ph 2
$540,000 $259 4 bd / 2 ba 2,086 sqft , 2026-04-15
13202 ADONIS Dr
SPRINGWOODS 2G
$450,000 $213 4 bd / 3 ba 2,111 sqft , 2026-04-10
9409 Braeburn Gln
Forest North Estates Ph 3
$444,000 $205 4 bd / 3 ba 2,166 sqft , 2026-08-25
9702 Beauchamp Sq
Forest North Estates Ph 4
$575,000 $265 4 bd / 2 ba 2,166 sqft , 2026-08-18

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
$2,424/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
$101,000
20% conventional investment loan

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

Estimated Gross Rent+$2,424
Principal + Interest−$2,756
Property Tax (~2.1% TX avg)−$884
Insurance (~0.5%)−$210
Est. Monthly Cash Flow $-1,426

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 September 10, 2026.

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