15504 Enid Dr · Hudson Bend, TX 78734

$399,000

3 bd · 2.0 ba · 2,220 sqft · SingleFamily public records · 126 Days on market

Built 1980 9,374 sqft lot $180/sqft · 38% below area Est $639k · 38% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +7.3/30.0
• Schools +5.5/10.0
• Rent growth +3.6/5.0
• Livability +3.1/5.0
• 1% rule +2.5/10.0
• Condition / age +2.5/5.0
• DSCR +1.5/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Motivated seller! $70,000 under appraised value! Professional photos coming soon — but don’t wait to get in early on this Hudson Bend opportunity! Located on a quiet short street in the heart of Hudson Bend, this unique Lake Travis area property offers flexibility, privacy, and opportunity all within the highly sought-after Lake Travis ISD. Just minutes from Lake Travis and multiple marinas, you’ll enjoy quick access to boating, dining, and everything lake life has to offer. This two-story home features separate exterior access to both levels, creating an ideal setup for multi-generational living, guests, or short-term rental potential. Inside, you’ll find 3 bedrooms and 2 fully updated bathrooms, along with a spacious eat-in kitchen designed for everyday comfort and easy entertaining. Downstairs, a huge flex room provides endless possibilities — media room, game room, home office, bunk room, or additional guest space. Let your needs and creativity shape the space. Outdoor living truly shines here. A large wraparound deck offers multiple entertaining areas along the side and rear of the home, perfect for gatherings, relaxing evenings, or enjoying the Hill Country air. The covered attached carport provides ample room for vehicles or boat parking, while a large detached shop/storage building adds even more functionality for tools, toys, or hobby space. Whether you're looking for a full-time residence, weekend lake retreat, or income-producing short-term rental, this Hudson Bend property delivers location, versatility, and lifestyle all in one.

Key facts

• Lake travis area
• Flex room
• 9,374 sq ft lot

Tags

• LAKE TRAVIS AREA
• MULTI-GENERATIONAL LIVING
• FLEX ROOM
• LARGE WRAPAROUND DECK
• COVERED ATTACHED CARPORT
• DETACHED SHOP STORAGE BUILDING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $399k.

Deal economics

• At list price, monthly cash flow is $-526 ($-6k/yr) — negative.
• To cash-flow at today's rent, offer at most $306k (23.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $298k (25.4% below list).
• Recommended offer: $298k (25.4% below list) — sets the bar for 1% rule.
• Cap rate 4.7% vs local median 1.5% in Hudson Bend — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 61/100 on livability (#1,006 in TX) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: schools D, amenities F, commute F.
• Lake Travis ISD (rural): math 57% / reading 61% proficiency, ranked #39 of 826 in TX (top 5%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 15% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising fast (+4.5%/yr); 478 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 17,121 units permitted in Travis County in 2024 (11,963 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
• Travis County population projected at +60% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 126 days — a 12% lower offer ($351k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 8y ago; this cycle's ask is 12771% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $47k; list at $399k implies a 746% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 70% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $297,577 (25.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 126 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.75% ✗
• Cap rate: 4.71%
• Cash-on-cash: -5.65%
• DSCR: 0.75
• GRM: 11.2

CMA / ARV

• ARV (median comp): $638,787
• List price: $399,000
• Delta: -37.54%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5710 Longhorn Lndg	0.30mi	3/2.5	2,127 (-4%)	2mo	$749,000	$352	75
5606 Longhorn Lndg	0.23mi	3/2.5	2,106 (-5%)	11mo	$625,000	$297	70
5304 Lake Mist	0.15mi	3/2.5	2,358 (+6%)	16mo	$625,000	$265	67
5507 Lands End St	0.16mi	3/2.0	1,936 (-13%)	13mo	$875,000	$452	60
15309 Rainbow One St	0.19mi	3/2.0	2,026 (-9%)	20mo	$598,750	$296	60
5240 Mccormick Mountain Dr	0.44mi	4/2.0 (+1)	2,298 (+4%)	20mo	$1,395,000	$607	52
5001 Mccormick Mountain Dr	0.41mi	3/2.0	1,944 (-12%)	21mo	$669,000	$344	42
5035 Mcintyre Cir	0.59mi	3/3.0	2,397 (+8%)	23mo	$1,200,000	$501	36
4700 Weletka Dr	0.53mi	4/2.5 (+1)	2,480 (+12%)	16mo	$650,000	$262	35
4405 Weletka Dr	0.70mi	2/2.0 (-1)	2,016 (-9%)	18mo	$320,000	$159	32
4500 Poteau Cir	0.69mi	4/3.0 (+1)	2,496 (+12%)	10mo	$882,500	$354	30

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.54% rent growth · sell at horizon

5-year hold

• IRR: -24.2%
• Equity multiple: 0.16×
• Total profit: $-93,378
• Equity at exit: $59,492

10-year hold

• IRR: -15.4%
• Equity multiple: 0.07×
• Total profit: $-104,173
• Equity at exit: $34,498

Cash invested: $111,720 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 78734

• Rents YoY: 4.5%
• Active inventory: 478
• Price-to-rent: 11.2×

Monthly cashflow live

• Estimated rent: $2,976 high
• Mortgage (P&I): −$2,092
• Tax from tax record: −$619 /mo · $7,423/yr
• Insurance: −$166
• HOA: −$0
• Vacancy / Maint / Mgmt: −$625
• Net cashflow: $-526

Break-even live

Break-even rent $3,642

Max offer price $306,019

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $99,750
• Closing costs: $11,970
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
15504 Enid Dr Austin, TX	3.0	2.0	2220	$2,900	$1.31	1d	1	0.02mi
15502 Rock Crk Austin, TX	3.0	3.0	1950	$2,500	$1.28	23d	1	0.07mi
16109 Awalt Dr Unit B Austin, TX	3.0	2.0	1500	$1,800	$1.20	3d	1	0.58mi
16100 Lake Travis Dr Austin, TX	1.0–2.0	1.0–2.5	1057	$3,250	$3.07	1d	3	0.96mi
4300 Mansfield Dam Rd #1021 Austin, TX	3.0	2.0	1687	$3,190	$1.89	43d	1	1.24mi
14908 Oklahoma St Austin, TX	3.0	2.5	2292	$3,800	$1.66	4d	1	1.34mi
15306 Oklahoma St Austin, TX	3.0	2.5	1712	$2,650	$1.55	43d	1	1.34mi

Listing history 28 events

1. 2026-06-09
   days on market $399,000 Active 126 DOM
2. 2026-06-08
   days on market $399,000 Active 125 DOM
3. 2026-06-07
   days on market $399,000 Active 124 DOM
4. 2026-06-04
   days on market $399,000 Active 121 DOM
5. 2026-06-03
   pricedays on market $399,000 Active 120 DOM
6. 2026-06-02
   days on market $419,000 Active 119 DOM
7. 2026-06-01
   days on market $419,000 Active 118 DOM
8. 2026-05-31
   days on market $419,000 Active 117 DOM
9. 2026-04-02
   price $419,000 1597-char remark

   Show marketing remark (1597 chars)

   Motivated seller! $70,000 under appraised value! Professional photos coming soon — but don’t wait to get in early on this Hudson Bend opportunity! Located on a quiet short street in the heart of Hudson Bend, this unique Lake Travis area property offers flexibility, privacy, and opportunity all within the highly sought-after Lake Travis ISD. Just minutes from Lake Travis and multiple marinas, you’ll enjoy quick access to boating, dining, and everything lake life has to offer. This two-story home features separate exterior access to both levels, creating an ideal setup for multi-generational living, guests, or short-term rental potential. Inside, you’ll find 3 bedrooms and 2 fully updated bathrooms, along with a spacious eat-in kitchen designed for everyday comfort and easy entertaining. Downstairs, a huge flex room provides endless possibilities — media room, game room, home office, bunk room, or additional guest space. Let your needs and creativity shape the space. Outdoor living truly shines here. A large wraparound deck offers multiple entertaining areas along the side and rear of the home, perfect for gatherings, relaxing evenings, or enjoying the Hill Country air. The covered attached carport provides ample room for vehicles or boat parking, while a large detached shop/storage building adds even more functionality for tools, toys, or hobby space. Whether you're looking for a full-time residence, weekend lake retreat, or income-producing short-term rental, this Hudson Bend property delivers location, versatility, and lifestyle all in one.

10. 2026-02-28
    price $439,000 1597-char remark

    Show marketing remark (1597 chars)

    Motivated seller! $70,000 under appraised value! Professional photos coming soon — but don’t wait to get in early on this Hudson Bend opportunity! Located on a quiet short street in the heart of Hudson Bend, this unique Lake Travis area property offers flexibility, privacy, and opportunity all within the highly sought-after Lake Travis ISD. Just minutes from Lake Travis and multiple marinas, you’ll enjoy quick access to boating, dining, and everything lake life has to offer. This two-story home features separate exterior access to both levels, creating an ideal setup for multi-generational living, guests, or short-term rental potential. Inside, you’ll find 3 bedrooms and 2 fully updated bathrooms, along with a spacious eat-in kitchen designed for everyday comfort and easy entertaining. Downstairs, a huge flex room provides endless possibilities — media room, game room, home office, bunk room, or additional guest space. Let your needs and creativity shape the space. Outdoor living truly shines here. A large wraparound deck offers multiple entertaining areas along the side and rear of the home, perfect for gatherings, relaxing evenings, or enjoying the Hill Country air. The covered attached carport provides ample room for vehicles or boat parking, while a large detached shop/storage building adds even more functionality for tools, toys, or hobby space. Whether you're looking for a full-time residence, weekend lake retreat, or income-producing short-term rental, this Hudson Bend property delivers location, versatility, and lifestyle all in one.

11. 2026-02-08
    price $460,000 1597-char remark

    Show marketing remark (1597 chars)

    Motivated seller! $70,000 under appraised value! Professional photos coming soon — but don’t wait to get in early on this Hudson Bend opportunity! Located on a quiet short street in the heart of Hudson Bend, this unique Lake Travis area property offers flexibility, privacy, and opportunity all within the highly sought-after Lake Travis ISD. Just minutes from Lake Travis and multiple marinas, you’ll enjoy quick access to boating, dining, and everything lake life has to offer. This two-story home features separate exterior access to both levels, creating an ideal setup for multi-generational living, guests, or short-term rental potential. Inside, you’ll find 3 bedrooms and 2 fully updated bathrooms, along with a spacious eat-in kitchen designed for everyday comfort and easy entertaining. Downstairs, a huge flex room provides endless possibilities — media room, game room, home office, bunk room, or additional guest space. Let your needs and creativity shape the space. Outdoor living truly shines here. A large wraparound deck offers multiple entertaining areas along the side and rear of the home, perfect for gatherings, relaxing evenings, or enjoying the Hill Country air. The covered attached carport provides ample room for vehicles or boat parking, while a large detached shop/storage building adds even more functionality for tools, toys, or hobby space. Whether you're looking for a full-time residence, weekend lake retreat, or income-producing short-term rental, this Hudson Bend property delivers location, versatility, and lifestyle all in one.

12. 2026-02-04
    listed $3,100
13. 2026-02-03
    listed $499,500 Active 1597-char remark

    Show marketing remark (1597 chars)

    Motivated seller! $70,000 under appraised value! Professional photos coming soon — but don’t wait to get in early on this Hudson Bend opportunity! Located on a quiet short street in the heart of Hudson Bend, this unique Lake Travis area property offers flexibility, privacy, and opportunity all within the highly sought-after Lake Travis ISD. Just minutes from Lake Travis and multiple marinas, you’ll enjoy quick access to boating, dining, and everything lake life has to offer. This two-story home features separate exterior access to both levels, creating an ideal setup for multi-generational living, guests, or short-term rental potential. Inside, you’ll find 3 bedrooms and 2 fully updated bathrooms, along with a spacious eat-in kitchen designed for everyday comfort and easy entertaining. Downstairs, a huge flex room provides endless possibilities — media room, game room, home office, bunk room, or additional guest space. Let your needs and creativity shape the space. Outdoor living truly shines here. A large wraparound deck offers multiple entertaining areas along the side and rear of the home, perfect for gatherings, relaxing evenings, or enjoying the Hill Country air. The covered attached carport provides ample room for vehicles or boat parking, while a large detached shop/storage building adds even more functionality for tools, toys, or hobby space. Whether you're looking for a full-time residence, weekend lake retreat, or income-producing short-term rental, this Hudson Bend property delivers location, versatility, and lifestyle all in one.

14. 2023-04-12
    soldstatus
15. 2019-02-28
    historical Expired
16. 2018-09-12
    listed Active
17. 2018-08-31
    historical Expired
18. 2018-07-06
    listed Active
19. 2018-06-30
    historical Expired
20. 2018-05-14
    price
21. 2018-04-26
    status Active
22. 2018-04-20
    historical Withdrawn
23. 2018-03-14
    price
24. 2018-03-14
    price
25. 2018-03-14
    price
26. 2018-03-08
    listed Active
27. 2014-12-24
    soldstatus
28. 1992-03-26
    soldstatus $47,158

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $7,423 · $619/mo
• Projected year-2 tax: $7,423 · $619/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 70% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $35,709
• − Mortgage interest: −$22,350
• − Property taxes: −$7,423
• − Insurance: −$1,995
• − Repairs & maintenance: −$2,857
• − Management: −$2,857
• − Depreciation: −$11,607
• Taxable loss: −$13,379
• Est. tax savings @ 24.0%: +$3,211
• After-tax cash flow: $-3,105/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lake Travis ISD
• NCES district ID: 4826470
• Math proficiency: 57% ▼ -12.00%
• Reading proficiency: 61% ▼ -9.00%
• Median HH income: $101,194
• Composite: 55.13/100
• National rank: #1283
• State rank: #39 of 826 in TX

Livability — Hudson Bend

• Score: 61/100
• State rank: #1006
• US rank: #17863

Category grades

Amenities F Commute F Cost of living F Crime A+ Employment A+ Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hudson Bend, TX
• County: Travis County · 1,299,254 people
• Metro: Austin-Round Rock-Georgetown, TX
• Population (ZIP): 22,145
• Household income: $130,784
• Rent vs Own: 16.5% rent · 83.5% own
• Severe rent burden: 296.0

Population outlook (Travis County) Hauer SSP2

• Today (2025): 1,545,133 people
• By 2030: 1,729,269 · +11.9%
• By 2040: 2,097,596 · +35.8%
• By 2050: 2,463,890 · +59.5%
• By 2075: 3,249,374 · +110.3%
• By 2100: 3,801,868 · +146.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (76%)
• Race & ethnicity: White 76% Hispanic / Latino 15% Two or more races 10% Asian 4% Black 1%
• Hispanic origin (detail): Mexican 13%
• Common ancestry: Italian 6% Iranian 4% Slovak 3%
• Foreign-born: 13% · Canada, China, Vietnam
• Languages at home: 84% English-only · Spanish 10% Other Indo-European 2% Russian/Polish/Slavic 1%

Political lean MEDSL · Travis

• 2024 margin: Solid D (+39.3) · D 68.8% · R 29.4% · Other 1.8%
• 2008→2024 swing: +9.9pp toward D · 2008: 29.4pp · 2024: 39.3pp
• All cycles: 2024: D+39.3 2020: D+45.0 2016: D+38.9 2012: D+23.9 2008: D+29.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -227.08%
• Current HPI: 216.0323
• Rent YoY: ▲ 4.54%
• Metro: Austin-Round Rock-Georgetown, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+788.5% since first listed

20 events — show timeline

• 2026-04-02 Price Changed $419,000 Unlock MLS
• 2026-02-28 Price Changed $439,000 Unlock MLS
• 2026-02-08 Price Changed $460,000 Unlock MLS
• 2026-02-04 Listed for Rent $3,100 ACTRIS
• 2026-02-03 Listed $499,500 Unlock MLS
• 2023-04-12 Sold (Public Records) — Public Records
• 2019-02-28 Delisted — Unlock MLS
• 2018-09-12 Listed — Unlock MLS
• 2018-08-31 Delisted — Unlock MLS
• 2018-07-06 Listed — Unlock MLS
• 2018-06-30 Delisted — Unlock MLS
• 2018-05-14 Price Changed — Unlock MLS
• 2018-04-26 Relisted — Unlock MLS
• 2018-04-20 Delisted — Unlock MLS
• 2018-03-14 Price Changed — Unlock MLS
• 2018-03-14 Price Changed — Unlock MLS
• 2018-03-14 Price Changed — Unlock MLS
• 2018-03-08 Listed — Unlock MLS
• 2014-12-24 Sold (Public Records) — Public Records
• 1992-03-26 Sold (Public Records) $47,158 Public Records

Property tax history

+5.6%/yr

Latest (2026): $7,423 · +1.5% YoY. Source: county tax records.