Active Listing  ·  43 days on market

9550 Savannah Ridge Dr #38

Austin, TX 78726
$589,000
3 Bed 3 Bath 2,372 sqft $248/sqft Built 2012 0.24 acres 2-Car Garage Pool Villas At Canyon Creek Condo

Beautiful 3-Bedroom Home on Private Gated Street! This beautifully maintained, one-owner home, built in 2013 in Northwest Austin, is tucked away on a quiet, private, gated no-outlet street within highly regarded Leander ISD and walking distance to Trailhead Park and greenbelt hiking trails. The home features 3 bedrooms and 2.5 baths, including a spacious primary suite on the main floor with a double vanity, large soaking tub and walk-in closet, plus a dedicated media room perfect for movie nights, a game room or additional living space. Built-in bench seating in the kitchen maximizes seating and storage, while large walk-in closets, including one under the stairs, provide plenty of additional storage. The home also has four attics, three of which are walk-in. Large, mature trees provide shade and character, and the spacious backyard and large covered front and back porches offer plenty of room to relax and enjoy the outdoors. A new roof and front door were added in 2024, and high-speed fiber internet is available from AT&T and Google. The HOA maintains the front yard, street, mailboxes and other common areas. The neighborhood has a welcoming mix of residents and a friendly community atmosphere, with activities including book club, game night and other social events. The home is just minutes from H-E-B, restaurants, shopping, schools and everyday conveniences, offering a peaceful, tucked-away setting with easy access to everything nearby.

At $248/sqft, this home is 37% 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

9550 Savannah Ridge Dr #38, Austin, TX 78726

Property Details

Price $589,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,372 sqft
Lot Size 0.24 acres (10,293.23 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Villas At Canyon Creek Condo
County Travis
Zip Code 78726
$/sqft $248/sqft
Days on Market ,
HOA $185/Monthly
Annual Tax Est. $10,719
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244609387
List Date August 26, 2026
Elementary School CC Mason
Middle School Four Points
High School Vandegrift
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
11108 Crossland Dr
CANYON CREEK SEC 1
$589,000 $287 4 bd / 2 ba 2,051 sqft , 2026-05-01
11005 Andenwood Dr
Canyon Creek Sec 01
$588,000 $251 4 bd / 3 ba 2,339 sqft , 2026-09-02
11625 Sweet Basil Ct
Canyon Creek Sec 33
$575,000 $293 4 bd / 2 ba 1,965 sqft , 2026-07-02
12017 Mira Vista Way #VH51
Versante Canyon Homes Condo
$649,990 $282 3 bd / 3 ba 2,304 sqft , 2026-08-05
11812 Mira Vista Way #VH71
Versante Canyon Homes Condo
$669,000 $264 4 bd / 3 ba 2,531 sqft , 2026-07-23

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
$2,827/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
$117,800
20% conventional investment loan

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

Estimated Gross Rent+$2,827
Principal + Interest−$3,214
Property Tax (~2.1% TX avg)−$1,031
Insurance (~0.5%)−$245
Est. Monthly Cash Flow $-1,663

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 27, 2026.

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