Active Listing  ·  81 days on market

5005 Creek Bend Dr

Austin, TX 78744
$302,000
4 Bed 1 Bath 1,308 sqft $231/sqft Built 1973 0.15 acres Pool Creek Bend Sec 01

Discover the perfect blend of comfort and privacy in this charming single-story Austin home featuring 4 bedrooms, 1 bathroom, and a thoughtfully designed open floor plan. Bright, natural light fills the home, creating a warm and inviting atmosphere throughout the living spaces.

The open-concept layout seamlessly connects the living, dining, and kitchen areas, making everyday living and entertaining effortless. The kitchen is equipped with stainless steel appliances, granite countertops, ample cabinetry, and a functional design that offers both style and convenience.

The spacious bedrooms provide comfortable retreats, while the home's efficient layout makes it an excellent fit for a variety of lifestyles, whether you're purchasing your first or second home, downsizing, or seeking an ideal roommate-friendly floor plan.

Step outside to a private backyard featuring a storage shed and enjoy the peaceful setting overlooking the Williamson Greenbelt. With the home positioned directly across from the greenbelt, you'll appreciate the added privacy, scenic natural views, and easy access to walking trails perfect for morning strolls, dog walks, or enjoying the outdoors with family. The mature trees further enhance the tranquil setting.

Conveniently located just minutes from IH-35 and all that South Austin has to offer, this move-in-ready home provides easy access to shopping, dining, parks, and major commuter routes while offering a peaceful retreat surrounded by nature. Don't miss this opportunity to enjoy comfortable living in a location that truly offers the best of both convenience and privacy.

At $231/sqft, this home is 41% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5005 Creek Bend Dr, Austin, TX 78744

Property Details

Price $302,000
Status Active Listing
Beds 4
Full Baths 1
Half Baths ,
Living Area 1,308 sqft
Lot Size 0.15 acres (6,551.42 sqft)
Year Built 1973
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Creek Bend Sec 01
County Travis
Zip Code 78744
$/sqft $231/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,774.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226729982
List Date July 3, 2026
Elementary School Widen
Middle School Mendez
High School Akins
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 · July 3, 2026 $275,000
Previous ask $250,000
Current ask $302,000
Increased $27,000 (+9.8%) 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
5917 Red Bud Ridge Ln #20
Arbor Ridge Condo Amd
$299,999 $203 3 bd / 3 ba 1,479 sqft , 2026-07-26
4419 QUICKSILVER Blvd
Silverstone Ph 02 Sec 01
$299,900 $240 3 bd / 2 ba 1,251 sqft , 2026-08-07
4801 Saguaro Rd
Silverstone Ph 01 Sec 02
$299,000 $267 3 bd / 2 ba 1,121 sqft , 2026-07-14
5436 Juniper Junction Ln #83
Arbor Ridge Condo Amd
$289,500 $196 3 bd / 3 ba 1,479 sqft , 2026-09-03
6807 Trendal Ln
South Creek South Sec 02 Amd
$315,000 $208 4 bd / 2 ba 1,516 sqft , 2025-05-02

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
$1,450/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
$60,400
20% conventional investment loan

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

Estimated Gross Rent+$1,450
Principal + Interest−$1,648
Property Tax (~2.1% TX avg)−$529
Insurance (~0.5%)−$126
Est. Monthly Cash Flow $-853

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 12, 2026.

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