Active Listing  ·  35 days on market

7808 Northwest Dr

Austin, TX 78757
$523,900
3 Bed 2 Bath 1,248 sqft $420/sqft Built 1959 0.18 acres Pool Northwest Village Resub

Crestview opportunity with serious flexibility! Beautifully cared-for and extensively updated 3-bedroom, 2-bath home in the heart of Northwest Village, featuring a climate-controlled detached studio and dual residential + commercial zoning, a rare combination that opens the door to live, work, create, or invest. This property has been thoughtfully upgraded from top to bottom, including a new roof, HVAC, windows, plumbing, rain gutters, and full electrical system and breaker panel replacement. The result is a move-in-ready property with most of the major-ticket improvements already taken care of for the new owner. The detached studio adds valuable bonus space for a home office, private gym, creative studio, guest space, or business use, while the dual zoning provides exceptional versatility for today’s Austin lifestyle. Set in sought-after Crestview’s Northwest Village, this location puts you close to the neighborhood's energy, local favorites, shopping, dining, and everything that makes Central Austin living so desirable. Whether you're looking for a turnkey home, a flexible live/work setup, or an investment with multiple possibilities, this is the kind of property that rarely comes along.

Updated. Flexible. Centrally located. Zoned for possibilities. Come see why this one stands out.

At $420/sqft, this home is priced 7% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

7808 Northwest Dr, Austin, TX 78757

Property Details

Price $523,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,248 sqft
Lot Size 0.18 acres (8,058.6 sqft)
Year Built 1959
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Northwest Village Resub
County Travis
Zip Code 78757
$/sqft $420/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,044.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244356432
List Date September 3, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · September 3, 2026 $539,000
Current ask $523,900
▼ Reduced $15,100 (-2.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
2207 Pasadena Dr #1
Villas At Pasadena Condo
$525,000 $413 2 bd / 2 ba 1,271 sqft , 2026-05-15
1523 Piedmont Ave #A
1523 Piedmont Condos
$517,500 $472 2 bd / 1 ba 1,096 sqft , 2026-08-05
2207 Pasadena Dr #10
Villas at Pasadena Condominiums
$495,000 $401 2 bd / 2 ba 1,233 sqft , 2026-09-01
8510 New Hampshire Dr
Jamestown
$487,500 $325 3 bd / 2 ba 1,502 sqft , 2026-08-02
7920 Mullen Dr #3
Wooten Park Square Sec 02
$475,000 $311 3 bd / 3 ba 1,525 sqft , 2026-08-26

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
$2,515/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
$104,780
20% conventional investment loan

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

Estimated Gross Rent+$2,515
Principal + Interest−$2,859
Property Tax (~2.1% TX avg)−$917
Insurance (~0.5%)−$218
Est. Monthly Cash Flow $-1,479

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 September 23, 2026.

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