Active Listing  ·  65 days on market

5001 Bundyhill Dr

Austin, TX 78723
$560,000
3 Bed 2 Bath 1,571 sqft $356/sqft Built 1974 0.18 acres 2-Car Garage Pool Crest Hills Sec 02

ASK ABOUT SELLER CONCESSIONS TOWARD BUYER'S CLOSING COSTS!

Designed by award-winning Kopicki Design, this thoughtfully reimagined East Austin residence pairs contemporary architecture with timeless materials and elevated craftsmanship. Renovated from top to bottom, the home features an open floor plan, abundant natural light, and carefully selected finishes that set it apart.

The designer kitchen makes a statement with dramatic soapstone waterfall countertops and upgraded LG appliances, including a natural gas range and quiet dishwasher. In the living area, a fully functional wood-burning fireplace finished in Venetian plaster creates a striking architectural focal point, adding warmth and character to the modern interior.

The primary suite offers a spa-inspired retreat with a curbless walk-in shower featuring designer cement tile and marble. The guest bathroom continues the cohesive design, while Level 4 walls, new flooring, LED recessed lighting, designer fixtures, contemporary ceiling fans, and a new electrical panel complete the refined interior.

Major improvements include a 2025 roof, new windows, new A/C, a recent water heater, recent gutters, and a new deck. A distinctive mahogany front door and fresh front-yard landscaping complete the home's polished curb appeal.

Ideally located just minutes from Mueller, Downtown Austin, and East Austin's acclaimed restaurants, local shops, entertainment, and vibrant cultural scene, this residence offers a distinctive blend of design, comfort, and location.

Ask about seller concessions toward closing costs and make your next move in East Austin.

At $356/sqft, this home is 9% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5001 Bundyhill Dr, Austin, TX 78723

Property Details

Price $560,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,571 sqft
Lot Size 0.18 acres (7,853.87 sqft)
Year Built 1974
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Crest Hills Sec 02
County Travis
Zip Code 78723
$/sqft $356/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,995.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243990968
List Date August 19, 2026
Elementary School Pecan Springs
Middle School Martin
High School Northeast Early College
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · August 19, 2026 $599,900
Previous ask $575,000
Current ask $560,000
▼ Reduced $39,900 (-6.7%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1800 WEBBERVILLE Rd #B
Flournoys Eastern Hills
$574,990 $341 3 bd / 3 ba 1,685 sqft , 2026-05-14
1704 Webberville Rd
Flournoys Eastern Hills Sec 01
$539,000 $323 3 bd / 2 ba 1,670 sqft , 2026-09-12
2927 Norwood hill St
Windsor
$536,000 $410 3 bd / 2 ba 1,308 sqft , 2026-10-17
5304 Basswood Ln
Windsor Park Hills Sec 07
$529,000 $361 3 bd / 2 ba 1,464 sqft , 2026-07-24
5116 Heflin Ln #2
Lincoln Gardens
$525,000 $328 4 bd / 3 ba 1,599 sqft , 2026-07-13

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,688/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$112,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,688
Principal + Interest−$3,056
Property Tax (~2.1% TX avg)−$980
Insurance (~0.5%)−$233
Est. Monthly Cash Flow $-1,581

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 23, 2026.

📞 (254) 718-2567 [email protected] More about Luke →