Active Listing  ·  4 days on market

5001 Bundyhill Dr

Austin, TX 78723
$599,900
3 Bed 2 Bath 1,571 sqft $382/sqft Built 1974 0.18 acres 2-Car Garage Pool Crest Hills Sec 02

Sophisticated modern living meets timeless design in this beautifully reimagined East Austin residence. Thoughtfully renovated from top to bottom, this home showcases an open floor plan, exceptional natural light, and a carefully curated selection of elevated finishes throughout.

The designer kitchen is anchored by striking soapstone waterfall countertops and upgraded LG appliances, including a natural gas range and quiet dishwasher. Level 4 walls, new flooring, LED recessed lighting, designer decorative fixtures, new ceiling fans, and contemporary finishes create a polished aesthetic throughout the home. The fully functional wood-burning fireplace is finished in Venetian plaster, creating a dramatic yet inviting focal point in the living space.

The primary suite offers a luxurious curbless walk-in shower featuring designer cement tile and marble, while the guest bathroom is finished with the same thoughtful attention to detail. Additional improvements include a 2025 roof, new A/C, new windows, recent water heater, recent gutters, new deck, and a distinctive mahogany front door.

Fresh front-yard landscaping enhances the home's exceptional curb appeal, while the thoughtfully designed interior offers style, comfort, and functionality in equal measure. Ideally located just minutes from Mueller, Downtown Austin, and the restaurants, shops, entertainment, and culture that make East Austin one of the city's most desirable destinations. A truly exceptional home where modern design and thoughtful craftsmanship come together.

At $382/sqft, this home is 3% below the Austin active market average of $392/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 $599,900
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 $382/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.

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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
1614 Elmira Rd
Grant Park
$595,000 $382 3 bd / 2 ba 1,556 sqft , 2026-07-16
1800 WEBBERVILLE Rd #B
Flournoys Eastern Hills
$574,990 $341 3 bd / 3 ba 1,685 sqft , 2026-05-14
1902 Webberville Rd #B
Webberville
$625,000 $370 3 bd / 3 ba 1,690 sqft , 2026-08-12
5001 Pecan Springs Rd #31
St Stephens Square-Ph 3
$569,900 $342 3 bd / 3 ba 1,664 sqft , 2026-08-21
5205 Rob Scott St
Baker
$649,000 $309 3 bd / 3 ba 2,101 sqft , 2026-07-09

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
$2,880/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
$119,980
20% conventional investment loan

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

Estimated Gross Rent+$2,880
Principal + Interest−$3,274
Property Tax (~2.1% TX avg)−$1,050
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,694

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 August 22, 2026.

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