Active Listing  ·  77 days on market

5002 Emerald Forest Cir #BLDG 1

Austin, TX 78745
$1,450,000
4 Bed 4 Bath 2,697 sqft $538/sqft Built 2026 0.23 acres 2-Car Garage Pool New Construction Emerald Forest Sec 03

BEST VALUE in 78745 : Welcome to 5002 Emerald Forest Circle #2, part of the Emerald Forest Collection, an exclusive enclave of four architecturally designed homes situated on a private circle just minutes from DT Austin. Offering 2,697 square feet, this thoughtfully designed residence features 4 bedrooms, 3.5 bathrooms, and an open-concept floor plan centered around natural light, soaring ceilings, and seamless indoor-outdoor living. The great room showcases dramatic 20-foot vaulted ceilings, exposed wood beams, and oversized windows that fill the home with natural light. The chef-inspired kitchen is anchored by an oversized island and features expansive windows overlooking the outdoor living spaces, creating a bright and inviting setting for everyday living and entertaining. The primary suite serves as a private retreat with 15-foot vaulted ceilings, dual vanities, a soaking tub, a spacious dual-head shower, and an expansive walk-in closet. A secondary primary-style suite on the main level includes a private en-suite bath, offering exceptional flexibility as a guest suite, multigenerational living space, or dedicated home office. Large oversized windows in the bedrooms create bright, airy spaces and further enhance the home's connection to the outdoors. Two additional bedrooms provide comfortable accommodations and thoughtful design throughout. Outdoor amenities include a private backyard retreat complete with a luxury pool, multiple deck areas, sauna, and cold plunge, creating a resort-inspired setting for relaxation and entertaining. Currently under construction and in the framing stage, this home offers the opportunity to secure a distinctive new construction residence in one of Austin's most convenient locations. The Emerald Forest Collection also presents a rare opportunity for buyers seeking proximity to friends, family, or business partners within the same private community. Developed by Wild Den Collective in collaboration with A Whiddon Construction.

At $538/sqft, this home is priced 38% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5002 Emerald Forest Cir #BLDG 1, Austin, TX 78745

Property Details

Price $1,450,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,697 sqft
Lot Size 0.23 acres (9,818.42 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Emerald Forest Sec 03
County Travis
Zip Code 78745
$/sqft $538/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,939.48
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT230059013
List Date May 19, 2026
Elementary School St Elmo
Middle School Bedichek
High School Travis
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
7221 Ellaview Ln
Great Hills Sec 31
$1,450,000 $461 4 bd / 4 ba 3,142 sqft , 2026-07-30
913 Presa Arriba Rd
Austin Lake Hills Sec 03
$1,449,900 $414 4 bd / 4 ba 3,502 sqft , 2026-05-28
910 Tillery St
910 Tillery Condos
$1,448,900 $495 5 bd / 5 ba 2,930 sqft , 2026-05-22
800 W 5th St #1008
Downtown
$1,455,000 $587 3 bd / 2 ba 2,478 sqft , 2026-02-25
5317 McCandless St
Skyland
$1,440,000 $547 5 bd / 4 ba 2,631 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
$6,960/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
$290,000
20% conventional investment loan

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

Estimated Gross Rent+$6,960
Principal + Interest−$7,913
Property Tax (~2.1% TX avg)−$2,538
Insurance (~0.5%)−$604
Est. Monthly Cash Flow $-4,095

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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