7332 Covered Bridge

Austin, TX 78736

$829,000

5 beds
4 baths
3,757 sq ft
0.21 acres
Built 2005

Listed by Compass RE Texas, LLC · MLS #ACT9188198

7332 Covered Bridge, Austin, TX 78736 — photo 1

View full photo

1 / 40

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The spacious living room features soaring vaulted ceilings, expansive windows, and abundant natural light, creating the perfect backdrop for everyday living and entertaining.

Details worth a look

Major 2026 improvements include a new roof, hardwood flooring, carpet, fresh interior paint, replacement glass in nearly all windows, updated lighting, brand-new kitchen appliances, a rebuilt wood deck, new side fencing, and more—making this home truly turnkey.

Year built

Built in 2005.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to 7332 Covered Bridge Drive, where sweeping Hill Country views, extensive 2026 updates, and an ideal floor plan come together in one of Southwest Austin's most desirable neighborhoods. This move-in-ready home offers 5 bedrooms, 3.5 bathrooms, a dedicated office, and a highly sought-after first-floor primary suite with incredible views.

The spacious living room features soaring vaulted ceilings, expansive windows, and abundant natural light, creating the perfect backdrop for everyday living and entertaining. Upstairs you'll find four generously sized bedrooms, a second living area, and a dedicated media room, providing exceptional flexibility for family, guests, hobbies, or working from home.

Major 2026 improvements include a new roof, hardwood flooring, carpet, fresh interior paint, replacement glass in nearly all windows, updated lighting, brand-new kitchen appliances, a rebuilt wood deck, new side fencing, and more—making this home truly turnkey.

Enjoy breathtaking sunsets and panoramic Hill Country views from the expansive back deck. Covered Bridge residents enjoy a community pool, playground, parks, walking trails, and beautiful green spaces. Plus, the recently completed Y at Oak Hill highway improvements make commuting into Austin or heading west to Dripping Springs easier than ever.

With spectacular views, an outstanding floor plan, extensive updates, and an unbeatable Southwest Austin location, 7332 Covered Bridge Drive is ready to welcome you home.

Take a virtual tour Explore the location More properties in Austin

THE NEIGHBORHOOD

Explore the location.

7332 Covered Bridge, Austin, TX 78736

Loading property map…

Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 2005
Full baths: 3
Half baths: 1
Garage spaces: 3
Cooling: Central Air
Heating: Central
Appliances: Built-In Oven(s), Dishwasher, Gas Range, Microwave, Refrigerator
Flooring: Carpet, Tile, Vinyl, Wood
Fencing: Fenced, Wood, Wrought Iron
Accessibility: None
Pool features: None
Subdivision: Covered Bridge Sec 04
Parcel: 04064814050000
HOA: Covered Bridge POA
HOA amenities: Common Area Maintenance
HOA fee frequency: Annually
Elementary school: Oak Hill
Middle school: Small
High school: Bowie
Annual property tax: $15,728.20
HOA fee: $396.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$1,163.18

Estimated monthly rent$3,454.17

Cap rate1.93%

Annual operating income: $16,030.63

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions

Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

Understand the opportunity.
Review rental pricing, property condition and your ownership goals with a local professional.
Make a strong first impression.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimate Talk through your management needs

Stone-front home with a landscaped lawn and central entry — A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

YOUR CAREER. YOUR NEXT CHAPTER.

Find your place in real estate.

Just getting started?

Explore real estate education and available licensing courses through ARTI Academics.

Become a real estate agent

Ready to work with ERA?

Discover the people, broker support, technology and education behind an ERA real estate career.

Join ERA Brokers

Moving for work?

Explore ERA Corporate Services for relocation assistance, employer programs, and information for veterans and military families.

Explore Corporate Services

Contact ERA about this property

Ask about this property.

7332 Covered Bridge, Austin, TX 78736 · MLS #ACT9188198

I’d like to

Your nameEmail addressPhone number

Your preferred tour

Tour typePreferred datePreferred time

Times are local to the property. Your tour is not scheduled until an agent confirms.

Your purchase plans

Price you’d like to discuss ($)Target closing date

Your question

Property inquiries go to help@erabrokers.com.

Listing information

MLS #ACT9188198 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Angelica Balentine

Listing status: Active. Record updated July 27, 2026. Confirm current availability and price with the listing agent.