Active Listing  ·  129 days on market

5005 Globe Mallow Dr

Austin, TX 78739
$795,000
4 Bed 3 Bath 2,596 sqft $306/sqft Built 2018 0.17 acres 2-Car Garage Pool Greyrock Rdg

Discover the perfect blend of luxury, sustainability, and everyday comfort in this beautifully upgraded two-story home, ideally situated on a peaceful greenbelt with private gate access. Offering 4 bedrooms, 2.5 baths, a dedicated home office, spacious loft, sunroom, and an open-concept layout, this home is designed for both effortless living and entertaining. Natural light fills the interior, creating a bright, inviting atmosphere throughout the spacious living, dining, and kitchen areas. The chef-inspired kitchen offers abundant counter space, ample storage, and a seamless connection to the main living area, making it the heart of the home. The private primary suite serves as a relaxing retreat, featuring a tray ceiling, bay window, and tranquil views of the backyard and greenbelt. This home is packed with premium upgrades, including owned solar panels paired with two Tesla Powerwalls, providing outstanding energy efficiency and the potential for minimal to no electric bills. Additional highlights include hardwood flooring upstairs, no carpet throughout, a screened-in patio for year-round outdoor enjoyment, custom exterior gemstone lighting, and a cozy electric fireplace that adds warmth and style. Step outside to your own private backyard oasis complete with raised garden beds, a rainwater collection system, and direct access to the greenbelt for added privacy and outdoor enjoyment. Even better, the washer, dryer, refrigerator, and outdoor storage shed all convey, making your move effortless. Located in a highly desirable community with resort-style amenities including a pool, playground, and scenic bike trails, this exceptional home is also just minutes from shopping, dining, and major commuter routes. Combining modern efficiency, thoughtful design, and an unbeatable location, this move-in-ready home is truly one of a kind.

At $306/sqft, this home is 22% 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

5005 Globe Mallow Dr, Austin, TX 78739

Property Details

Price $795,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,596 sqft
Lot Size 0.17 acres (7,448.76 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Greyrock Rdg
County Travis
Zip Code 78739
$/sqft $306/sqft
Days on Market ,
HOA $1,058/Annually
Annual Tax Est. $15,138.48
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226262505
List Date April 17, 2026
Elementary School Bear Creek
Middle School Gorzycki
High School Bowie
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 · April 17, 2026 $870,000
Previous ask $800,000
Current ask $795,000
Reduced $75,000 (-8.6%) 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
5009 Mandevilla Dr
Greyrock Ridge Ph 3
$799,000 $275 4 bd / 4 ba 2,909 sqft , 2026-07-15
6225 Antigo Ln
Esquel Ph 01 Sec 02
$720,000 $339 3 bd / 3 ba 2,125 sqft , 2026-08-20
11425 Sabinal Mesa Dr
Shady Hollow West
$600,000 $247 4 bd / 3 ba 2,431 sqft , 2026-06-05

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
$3,816/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
$159,000
20% conventional investment loan

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

Estimated Gross Rent+$3,816
Principal + Interest−$4,339
Property Tax (~2.1% TX avg)−$1,391
Insurance (~0.5%)−$331
Est. Monthly Cash Flow $-2,245

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 →