$365,000
●
House -
Off Market
723 Shade Tree DR
Austin, TX 78748
3 Beds
2 Baths
1,379 Ft²
$2,430
Est. Monthly
About This Property
Tucked into a long-standing neighborhood just minutes from
Slaughter Lane and Manchaca Road as well as Southpark Meadows for
shopping, dining and entertainment, this inviting home is framed by
towering oak trees that create a peaceful, park-like setting. The
3-bedroom, 2-bath floor plan offers polished concrete floors and a
seamless flow between the living, dining, and kitchen areas, making
the space feel open and connected. A cozy fireplace adds character
to the main living space, while the kitchen's breakfast bar is
perfect for casual meals or morning coffee. The primary suite
serves as a private retreat with its own bath and walk-in closet,
and the additional bedrooms offer flexible space for guests, work,
or play. Out back, a generous concrete patio and hot tub set the
stage for effortless entertaining or laid-back evenings at home. A
rare opportunity to enjoy space, style, and location all in one.
Enjoy a scenic hike at Mary Moore Searight park also just
minutes away!
Unit Size
1,379 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$265
Property Type
House
Property Taxes
$637
HOA Dues
-
Year Built
1989
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (Unlock MLS #ACT9883682)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 28, 2026 | In contract | - | |
| In contract | |||
| Mar 28, 2026 | Price Decreased |
$365,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Feb 13, 2026 | Listed by Luisa Mauro Real Estate | $374,900 | |
| Listed by Luisa Mauro Real Estate | |||
| Oct 23, 2023 | Listed by Orange Blossom Real Estate, LL | $379,900 | |
| Listed by Orange Blossom Real Estate, LL | |||
| | |||
|
Great SW Location!!
This Southwest Austin gem is located in a desired well established neighborhood near Slaughter Ln and Manchaca Rd. Shade Tree is named perfectly, as the entire neighborhood is lined with gorgeous majestic oak trees and this home boasts the shade and beauty with a few of it's own. Featuring a 3 bedroom 2 bathroom home with polished concrete flooring, open living/dining area with eat-in kitchen breakfast bar. A cozy fireplace in the main living area, large primary bedroom with private bathroom, walk in closet and spacious secondary bedrooms.
The shady backyard with huge concrete patio and hot tub makes the perfect place to sit back and relax with plenty of room to entertain!
| |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Austin
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Listed by: Luisa Mauro
Listed Office: Luisa Mauro Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 220-0565
Last Updated: 2026-05-19 04:20:04
Data Source: Unlock MLS, MLS# ACT9883682
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Luisa Mauro Real Estate - Listing courtesy of Unlock MLS
Phone: (512) 220-0565
Last Updated: 2026-05-19 04:20:04
Data Source: Unlock MLS, MLS# ACT9883682
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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