Are there still good flip opportunities in South Austin? If you’ve been asking that question, you’re not alone—and the answer is yes, especially if you’re looking in the right pocket. Enter 10106 Lindshire Ln, located in Tanglewood Forest, one of 78748’s most established and sought-after neighborhoods. This off-market, owner-occupied home is priced at $320,000 and offers serious potential for the savvy investor or contractor looking to capitalize on South Austin’s continued growth.
This 3-bedroom, 2-bathroom home needs work—foundation, roof, and full cosmetic upgrades—but it sits in one of the most conveniently located areas in 78748, just minutes from H-E-B, Southpark Meadows, and quick access to both MoPac and I-35. With rates trending downward, local investor activity is ticking up. Now is the time to act.
Tanglewood Forest is more than just a neighborhood—it’s a thriving community with parks, trails, pool amenities, and proximity to top-rated schools. In recent years, homes in this area have seen solid appreciation thanks to a combination of job growth, buyer migration from higher-priced ZIPs like 78704, and limited resale inventory.
Tanglewood Forest, specifically, offers a blend of mature trees, no HOA restrictions, and a consistent buyer pool looking for homes with character and backyard space. For an investor, that means strong ARV (after-repair value) potential—especially with high-quality comps nearby closing in the $475K–$525K range after renovation.
This property isn’t for the faint of heart, but it checks all the boxes for an experienced flipper or value-driven buyer:
According to Freddie Mac’s September 2025 PMMS® report, the 30-year fixed-rate mortgage dropped to 6.50%, down from 6.56% the previous week. That shift is expanding the buyer pool.
“Mortgage rates continue to trend down, increasing optimism for new buyers and current owners alike.” — Sam Khater, Freddie Mac Chief Economist
At the same time, active inventory in South Austin has dipped 12% year-over-year, and buyer activity typically rebounds after Labor Day. If you’re planning to flip, targeting a Q1 or early Q2 2026 listing means riding into a seasonally strong market, when buyer demand and tax return-fueled down payments kick in.
Tanglewood Forest sits in an area benefiting from continued infrastructure and lifestyle development:
Where can I find affordable homes near Austin with flip potential?
Tanglewood Forest is a standout. With mature landscaping, no HOA restrictions, and proximity to major highways, investors can add value through renovation and benefit from a strong retail buyer pool.
How will this new opportunity impact my investment portfolio?
If you’re seeking solid ROI with less competition than the 78704 or 78745 ZIPs, this off-market 78748 deal may offer better margins and quicker exit potential. Let Brandon Holley help you run the numbers.
If you’re an investor, flipper, or contractor looking to make your next move in the Austin real estate market, 10106 Lindshire Ln in Tanglewood Forest is worth a close look. Off-market listings like this don’t last long—especially when they’re priced with room to add value.
This is a rare combo: prime location, motivated seller, low competition, and a neighborhood with proven upside.
Let’s connect and go over the details. I can share photos, repair estimates, ARV comps, and more. Whether you’re looking to flip, buy and hold, or BRRRR your way through South Austin, I’m happy to help you evaluate this deal.
At Holley Homes Realty, we’ll help you time your move and navigate every step with confidence.
Real Deals. Real Stats. Real Estate You Can Trust
Brandon Holley | Broker/Owner | Holley Homes Realty
512.487.9242 | brandon@holleyhomesrealty.com
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