Active Listing  ·  11 days on market

9517 Corvallis Dr

Austin, TX 78747
$474,990
5 Bed 3 Bath 2,628 sqft $181/sqft Built 2026 0.12 acres 2-Car Garage Pool New Construction Marble Creek Crossing

You will love calling the Magellan “home” with its inviting curb appeal. Upon entering this home through the covered porch, you will be in awe of the grand foyer. Find a large guest bedroom and a full bath immediately off the entry. Move from the foyer into the open living space boasting the kitchen, dining area, and huge family room. Enjoy impressive included features, such as an oversized kitchen island, and 42" upper and lower cabinets. .Escape to your owner’s suite through a private entry off the family room. Just steps away, enjoy your spacious bath that boats a large walk-in closet, double vanities, and walk-in shower. The staircase draws you up to the second story with an impressive game room that offers lots of space for family time. A hallway connects 3 large bedrooms each with their own walk-in closets, and a shared full bathroom.

At $181/sqft, this home is 54% 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

9517 Corvallis Dr, Austin, TX 78747

Property Details

Price $474,990
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,628 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 $181/sqft
Days on Market ,
HOA $120/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT243467722
List Date August 14, 2026
Elementary School Creedmor
Middle School Ojeda
High School Del Valle
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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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
8204 Silhouette St
Easton Park
$474,000 $223 4 bd / 3 ba 2,127 sqft , 2026-05-09
9400 Furman Dr
Marble Creek Crossing
$467,990 $208 4 bd / 3 ba 2,248 sqft , 2026-08-13
8806 Bestride Bnd
Easton Park
$465,000 $186 4 bd / 4 ba 2,506 sqft , 2026-03-20
9505 Corvallis Dr
Marble Creek Crossing
$447,990 $182 4 bd / 3 ba 2,456 sqft , 2026-08-14
9400 Corvallis Dr
Marble Creek Crossing
$434,990 $164 4 bd / 3 ba 2,646 sqft , 2026-07-01

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
$2,280/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
$94,998
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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 August 15, 2026.

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