Active Listing  ·  9 days on market

5001 Pecan Springs Rd #29

Austin, TX 78723
$635,000
3 Bed 3 Bath 1,863 sqft $341/sqft Built 2026 0.17 acres 2-Car Garage Pool St Stephens Square-Ph3

A large covered porch overlooks the fenced front yard of this corner home in the new Pecan Springs Square community. It’s a place to sit with coffee before the day starts or linger outside when you get home. Inside, the kitchen is where daily life comes together. The large island lets you cook while staying part of the conversation in the living room, and the dining area is close enough to make gathering easy. The kitchen features beautiful cabinetry, quartz countertops, designer selected tile and KitchenAid appliances, with finishes that give each home its own distinct character. Wood floors run through the main living areas and up the stairs. All three bedrooms are upstairs, giving the owner’s suite a welcome sense of separation from the activity below. Its bath has a double vanity and a large walk in shower finished in tile. Two additional spacious bedrooms offer room for guests, work or whatever life calls for next, with a second full bath nearby. The Silvan is one of six distinct floor plans at Pecan Springs Square, a gated community of 38 detached homes with a dog park. From here, you can pick up lunch at Mum Foods, browse Mueller’s farmers market or spend an afternoon at Lake Park. The restaurants and everyday conveniences around Mueller are close by, with more of East Austin ready to explore.

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At $341/sqft, this home is 13% 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 Pecan Springs Rd #29, Austin, TX 78723

Property Details

Price $635,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,863 sqft
Lot Size 0.17 acres (7,222.25 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision St Stephens Square-Ph3
County Travis
Zip Code 78723
$/sqft $341/sqft
Days on Market ,
HOA $210/Monthly
Annual Tax Est. $59.12
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249686296
List Date October 14, 2026
Elementary School Blanton
Middle School Lamar (Austin ISD)
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
5201 E Martin Luther King Jr Blvd #7103
Stone Gate
$649,990 $326 3 bd / 3 ba 1,996 sqft , 2026-08-13
4008 Briones St
Mueller
$659,900 $430 3 bd / 3 ba 1,534 sqft , 2026-10-07
3923 E 16th St #A
Flournoy Hts Sec 3
$670,000 $409 3 bd / 3 ba 1,639 sqft , 2026-05-29
5201 E Martin Luther King Jr Blvd #1102
Stone Gate
$599,990 $377 3 bd / 3 ba 1,590 sqft , 2026-08-13
5002 E Pecan Springs Rd #7
Lofts at St Stephens Condos
$599,900 $274 4 bd / 4 ba 2,191 sqft , 2026-05-08

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
$3,048/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
$127,000
20% conventional investment loan

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

Estimated Gross Rent+$3,048
Principal + Interest−$3,465
Property Tax (~2.1% TX avg)−$1,111
Insurance (~0.5%)−$265
Est. Monthly Cash Flow $-1,793

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 21, 2026.

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