Active Listing  ·  77 days on market

5002 Emerald Forest Cir #BLDG 4

Austin, TX 78745
$1,125,000
3 Bed 4 Bath 2,195 sqft $513/sqft Built 2026 0.23 acres 2-Car Garage Pool New Construction Emerald Forest Sec 03

ONE of ONE in 78745! Designed for the buyer who refuses to compromise, this architecturally curated residence offers three ensuite bedrooms, including two luxurious vaulted primary suites upstairs and a private main-level guest retreat. Dramatic 15FT vaulted ceilings, walls of glass, a resort-style pool, & complete rear privacy create an everyday living experience that feels more like a boutique retreat than a traditional home.

Construction is moving quickly at 5002 Emerald Forest Circle, and we're excited to announce that Units 3 & 4—part of the Emerald Forest Collection, affectionately known as "Bestie Row"—are now available for private VIP tours.

Units 3 & 4 Feature:

• 2,195 square feet

• 3 Bedrooms | 3.5 Bathrooms

• Main-level guest suite or home office with ensuite bath

• Open-concept kitchen flowing into a true dining room with custom built-in shelving

• Dramatic 15-foot vaulted family room with floor-to-ceiling windows overlooking the private backyard

• Private patio, pool, and landscaped yard with no rear neighbors

• Two upstairs vaulted bedroom suites, each with private ensuite bathrooms and dual vanities

• Spacious primary suite featuring a soaking tub, oversized walk-in shower with dual shower heads, oversized walk-in closet, and spa-inspired finishes

• Oversized laundry room with sink and natural light

• Large arched windows throughout, blending timeless architecture with modern design

• Timeless stucco and Texas limestone exterior

• Lush, professionally designed landscape package

• One-car covered carport

Located just minutes from Downtown Austin and the vibrant St. Elmo District, these homes offer a rare combination of privacy, exceptional design, and unmatched convenience. Whether you're looking for your next home, purchasing alongside friends or family, or searching for a unique luxury opportunity in one of Austin's most connected neighborhoods, the Emerald Forest Collection offers a truly one-of-a-kind living experience.

At $513/sqft, this home is priced 31% 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 4, Austin, TX 78745

Property Details

Price $1,125,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,195 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 $513/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,939.48
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT230063817
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.

Schedule a Call →

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
901 W 9th St #706
Nokonah Condo Amd
$1,125,000 $698 2 bd / 3 ba 1,611 sqft , 2026-02-04
3907 Becker Ave
Country Club Heights
$1,125,000 $437 4 bd / 3 ba 2,574 sqft , 2026-02-12
5212 Crystal Water Dr
Village Park 4 At Travis Count
$1,125,000 $475 4 bd / 3 ba 2,369 sqft , 2026-05-29
1204 ORLANDO Rd
AUSTIN LAKE HILLS SEC 3
$1,120,000 $477 4 bd / 3 ba 2,350 sqft , 2026-05-30
1937 Rue De St. Tropez None #10
St. Tropez Condominiums
$1,130,000 $473 2 bd / 3 ba 2,390 sqft , 2026-04-09

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
$5,400/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
$225,000
20% conventional investment loan

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

Estimated Gross Rent+$5,400
Principal + Interest−$6,140
Property Tax (~2.1% TX avg)−$1,969
Insurance (~0.5%)−$469
Est. Monthly Cash Flow $-3,178

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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