Active Listing  ·  172 days on market

9604 Thaxton Rd

Austin, TX 78747
$650,000
3 Bed 2 Bath 952 sqft $683/sqft Built 1995 5.00 acres Pool Williams Sub

This 5-acre unrestricted property offers flat, level, and fully usable land within the Austin ETJ, presenting a rare opportunity for a wide range of uses in a rapidly growing area. Located near major new development, the property is well positioned for either commercial or residential projects, as well as long-term investment. 65% impervious cover allowed per initial consultation with the City of Austin’s site planning department. The land has excellent access to Slaughter Lane, I-35, and William Cannon, providing strong connectivity to Austin and surrounding communities. Water service is available through Creedmor-MAHA Water Supply Corp, with a 4" water line. With its combination of location, flexibility, and usable terrain, this property is well suited for those looking to develop, invest, or establish a base in one of the fastest-growing corridors south of Austin.

At $683/sqft, this home is priced 75% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

9604 Thaxton Rd, Austin, TX 78747

Property Details

Price $650,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 952 sqft
Lot Size 5.00 acres (217,800 sqft)
Year Built 1995
Garage ,
Stories ,
Type Residential · Mobile Home
Subdivision Williams Sub
County Travis
Zip Code 78747
$/sqft $683/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,544
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219343514
List Date February 13, 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
84 East Ave #1503
VESPER Zoppp Add
$650,000 $671 2 bd / 2 ba 969 sqft , 2026-04-02
1106 Arcadia Ave
West View Heights
$650,000 $630 2 bd / 2 ba 1,031 sqft , 2026-05-14
3014 Hemphill Park
Aldridge Place
$650,000 $697 2 bd / 1 ba 933 sqft , 2026-06-26
1144 Mason Ave
Masonfield
$649,999 $732 3 bd / 1 ba 888 sqft , 2024-12-01
4814 Woodview Ave
Rosedale Estates
$649,500 $520 3 bd / 1 ba 1,248 sqft , 2026-07-15

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
$3,120/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
$130,000
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (~2.1% TX avg)−$1,138
Insurance (~0.5%)−$271
Est. Monthly Cash Flow $-1,836

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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