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ActiveMLS #4989976

7402 Gaines Mill LN, Austin TX 78745

Austin, TX 78745 · Southwest Oaks Ph 02

Single Family Residence for sale in Southwest Oaks Ph 02

3Bedrooms
2Bathrooms
2,042Square Ft
0.23Acres
2Garage
1981Year Built
Price Reduced
1 / 40
$615,000$645,000
3D tour

Overview

Property Description

Welcome home to 7402 Gaines Mill Ln, a beautifully updated 3-bedroom, 2-bath retreat in one of South Austin's most sought-after neighborhoods (78745). Set on a spacious 0.23-acre corner lot with no HOA, this home offers the space and freedom families want, plus a fully fenced backyard shaded by mature oaks — room to relax, entertain, garden, or add a pool. A 2-car garage and extended covered patio round out a home built for everyday life. Inside, enjoy brand-new wide-plank Waterproof SPC luxury vinyl flooring throughout (no carpet), fresh paint, and a welcoming living room with a gas fireplace, stone surround, and cedar mantel. The main-floor primary suite features a walk-in closet and a brand-new spa-like walk-in shower, with direct patio access. Upstairs, a second living area opens to a bright white kitchen with quartz counters, soft-close cabinets, stainless appliances, gas range, and a breakfast bar. French doors lead from the dining area to a private balcony overlooking the backyard. Two more spacious bedrooms with walk-in closets share a full bath with a soaking tub — plenty of room for kids, guests, or a home office. Smart home features throughout: Philips Hue color-changing smart bulbs, a Nest thermostat, Nest Protect smoke/CO alarm, Nest exterior cameras, and Yale smart door locks for everyday convenience and peace of mind. Major systems — roof, HVAC, and water heater — were all updated in 2019. Refrigerator, washer, dryer, all smart home features, and upstairs TV convey. Zoned to Cunningham Elementary (7/10) and Covington Middle (6/10), both strong Austin ISD schools. Minutes from the Menchaca corridor, Sunset Valley shopping, South Congress, St. Elmo, and downtown Austin — this is the rare combination of space, updates, and smart-home convenience families are searching for, with no HOA.

Financial Info
Price
$615,000
$ / Sqft
$301
HOA
None
Tax Rate
2.0465%
Est. Taxes
$12,882
Tax Year
2026
Exemptions
Homestead
Legal Info
Address
7402 Gaines Mill LN
County
Travis
City
Austin
State
TX
Zip
78745
Subdivision
Southwest Oaks Ph 02
Legal Description
LOT 28 BLK D SOUTHWEST OAKS PHS II
Parcel
04191912030000
Interior Features
Floor
Vinyl
Num Living
2
Dining
2
Kitchen
Breakfast Bar, Pantry
Appliances
Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Free-Standing Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan, Washer, Washer/Dryer, Gas Water Heater
Laundry
In Garage
Master Bed
Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Gas Log
Interior Features
Breakfast Bar, Ceiling Fan(s), Quartz Counters, Gas Dryer Hookup, Interior Steps, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Storage, Walk-In Closet(s), Washer Hookup, Smoke Detector(s), Drapes, Double Pane Windows
General Info
Beds
3 Total / 1 Main Level / 2 Other Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1981 / Updated/Remodeled
Square Feet
2,042 / Public Records
Garages
2
Garage Desc
Garage, Garage Faces Front
Foundation
Slab
Roof
Asphalt, Composition
Construction
HardiPlank Type, Stone
Acres
0.23
Lot Description
Corner Lot, Level, Open Lot, Sprinkler - Automatic, Sprinkler - In-ground, Trees-Large (Over 40 Ft)
Restrictions
None
Flood Plain
No
View
None
Water Access
No
Waterfront
No
Area
10S
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heat
Central, Natural Gas
A C
Ceiling Fan(s), Central Air, Exhaust Fan
Exterior Features
Fence
Fenced, Privacy, Wood
Exterior Features
Exterior Steps, Gutters Partial, Private Yard, Covered, Deck, Front Porch, Patio, Rear Porch
Pool On Property
No
Area Amenities
None

Rooms

Rooms8 rooms

Main level

  • Primary Bathroom

    Full Bath, Walk-in Shower

  • Living Room

    Recessed Lighting

  • Primary Bedroom

    Ceiling Fan(s), Walk-In Closet(s)

First level

  • Bedroom

    Ceiling Fan(s), Walk-In Closet(s)

Second level

  • Bathroom

    Full Bath, Shared Bath, Soaking Tub

  • Family Room

    Ceiling Fan(s), Recessed Lighting

  • Bedroom

    Ceiling Fan(s)

  • Kitchen

    Breakfast Bar, Quartz Counters, Open to Family Room, Pantry, Recessed Lighting

Price history

Members only
Days on market
−$30,000 (−4.7%)
$645,000 → $615,000
2
Price reductions
Active
Since Jul 14, 2026
Price trend
List priceJul 2026Sep 2026
Property history3 events
DateEventPriceChange
Sep 3, 2026Price Decrease$615,000−$20,000 (−3.1%)
Jul 27, 2026Price Decrease$635,000−$10,000 (−1.6%)
Jul 14, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Austin ISD
Elementary
Cunningham
Middle
Covington
High
Crockett

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $615,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$4,697 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $4,697

Principal & interest
$3,110
Property taxes
$1,074
Homeowners insurance
$513

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$492,000$5,499$31,818$486,501
2$486,501$5,868$31,450$480,633
3$480,633$6,260$31,057$474,373
4$474,373$6,680$30,638$467,693
5$467,693$7,127$30,190$460,566
6$460,566$7,604$29,713$452,962
7$452,962$8,114$29,204$444,848
8$444,848$8,657$28,660$436,191
9$436,191$9,237$28,080$426,954
10$426,954$9,855$27,462$417,099
  • Year 1$486,501
    Principal paid
    $5,499
    Interest paid
    $31,818
    Starting balance
    $492,000
  • Year 2$480,633
    Principal paid
    $5,868
    Interest paid
    $31,450
    Starting balance
    $486,501
  • Year 3$474,373
    Principal paid
    $6,260
    Interest paid
    $31,057
    Starting balance
    $480,633
  • Year 4$467,693
    Principal paid
    $6,680
    Interest paid
    $30,638
    Starting balance
    $474,373
  • Year 5$460,566
    Principal paid
    $7,127
    Interest paid
    $30,190
    Starting balance
    $467,693
  • Year 6$452,962
    Principal paid
    $7,604
    Interest paid
    $29,713
    Starting balance
    $460,566
  • Year 7$444,848
    Principal paid
    $8,114
    Interest paid
    $29,204
    Starting balance
    $452,962
  • Year 8$436,191
    Principal paid
    $8,657
    Interest paid
    $28,660
    Starting balance
    $444,848
  • Year 9$426,954
    Principal paid
    $9,237
    Interest paid
    $28,080
    Starting balance
    $436,191
  • Year 10$417,099
    Principal paid
    $9,855
    Interest paid
    $27,462
    Starting balance
    $426,954
First 10 of 30 years

Nearby

Courtesy of Keller Williams Realty · (512) 448-4111

Listings courtesy of ACTRIS as distributed by MLS GRID.