About This Home

Welcome to 6901 Skynook Dr, a move-in ready single-family home located in the heart of desirable South Austin (78745)! Combining classic architectural character with modern updates, this spacious home offers the perfect balance of comfort, style, and everyday functionality. Be sure to check out the 17 foot heated swimspa in the backyard oasis. Nestled in a mature South Austin neighborhood with quick access to major corridors, dining, shopping, and downtown Austin the location cant be beat!

At $262/sqft, this home is 33% 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

6901 Skynook Dr, Austin, TX 78745

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Property Details

Price $499,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,906 sqft

Lot Size 0.17 acres (7,531.52 sqft)

Year Built 1978

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Buckingham Ridge Sec 05

County Travis

Zip Code 78745

$/sqft $262/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $10,793.63

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT238722684

List Date October 12, 2026

Elementary School Pleasant Hill

Middle School Bedichek

High School Crockett

School District ,

Have Questions About This Property?

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

5919 Idlewood Cv
Flournoys Sweetbriar Sec 10 $499,000 $327 4 bd / 2 ba 1,524 sqft , 2026-10-02

900 Austin Highlands Blvd
Austin Highlands Sec 01 $500,000 $275 3 bd / 2 ba 1,816 sqft , 2026-07-31

6605 Woodhue Dr
Cooper Oaks Sec 02-A $495,000 $303 4 bd / 3 ba 1,632 sqft , 2026-09-03

6407 Bradsher None #I
Sunnyvale $505,000 $316 4 bd / 3 ba 1,599 sqft , 2026-10-08

716 Bernstein St #5
Cooper Lane Condo $515,000 $248 4 bd / 3 ba 2,080 sqft , 2026-09-18

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

$2,395/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

$99,800

20% conventional investment loan

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

Estimated Gross Rent+$2,395

Principal + Interest−$2,723

Property Tax (~2.1% TX avg)−$873

Insurance (~0.5%)−$208

Est. Monthly Cash Flow $-1,409

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

About the Author

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 October 20, 2026.

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

6901 Skynook Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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