Active Listing  ·  185 days on market

9511 Meadowheath Dr

Austin, TX 78729
$399,000
4 Bed 2 Bath 1,504 sqft $265/sqft Built 1975 0.37 acres 2-Car Garage Pool Forest North Estates Ph 2

Updated and filled with natural light, this inviting 4-bedroom, 2-bath home offers a surprisingly spacious feel the moment you walk in. The open-concept layout creates an effortless flow that’s perfect for both everyday living and easy entertaining. Warm, custom details, like the wood-stained breakfast bar and built-in bookshelves add character, charm, and functional style throughout the main living spaces. Generously sized bedrooms provide comfort and flexibility for a variety of needs, whether for family, guests, or a home office. Situated on an oversized lot, the property offers exceptional outdoor space with endless potential for entertaining, gardening, or future enhancements. A brand-new roof adds peace of mind, while the 2-car garage plus additional carport deliver abundant parking and storage options. Up to 5k toward buyer incentives with preferred lender.

At $265/sqft, this home is 32% 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

9511 Meadowheath Dr, Austin, TX 78729

Property Details

Price $399,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,504 sqft
Lot Size 0.37 acres (16,051.86 sqft)
Year Built 1975
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Forest North Estates Ph 2
County Williamson
Zip Code 78729
$/sqft $265/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,028.8
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216893542
List Date January 31, 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.

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
604 N Bluff Dr #146
Skybridge Lofts
$399,000 $215 3 bd / 3 ba 1,856 sqft , 2025-07-23
204 Chippendale Ave
Greenwood Hills Sec 02
$399,000 $334 3 bd / 1 ba 1,196 sqft , 2026-03-29
2612 San Pedro St #112
Treehouse Condominiums
$399,000 $321 3 bd / 2 ba 1,244 sqft , 2026-02-19
6511 Bridgewater Cv
Bluffs University Hills Sec 03
$399,000 $205 4 bd / 2 ba 1,945 sqft , 2026-04-20
15308 Cadoz Dr
Willow Run Sec 01
$399,000 $212 3 bd / 3 ba 1,878 sqft , 2026-05-20

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
$1,915/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
$79,800
20% conventional investment loan

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

Estimated Gross Rent+$1,915
Principal + Interest−$2,178
Property Tax (~2.1% TX avg)−$698
Insurance (~0.5%)−$166
Est. Monthly Cash Flow $-1,127

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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