Active Listing  ·  58 days on market

5006 Pecan Springs Rd #3

Austin, TX 78723
$625,000
3 Bed 4 Bath 2,191 sqft $285/sqft Built 2016 0.08 acres 2-Car Garage Pool Lofts at St Stephens

Tucked into The Lofts at St. Stephens, steps from Austin's coveted Mueller district, this freestanding, detached 3-story home lives like a single-family residence with refreshingly low upkeep. Three finished levels flex to fit real life: an entry-level guest suite with private bath makes an ideal home office, in-law quarters, or income space, while the top floor pairs an owner's retreat (sitting lounge, dual vanities, walk-in shower, soaking tub, oversized custom closet) with a third en-suite bedroom. The main level is the showpiece, with rich hardwoods, a chef's kitchen boasting KitchenAid appliances, a gas cooktop, and an oversized island, plus a dedicated walk-in laundry room and a gas fireplace framed by built-ins, all opening to a covered terrace and screened porch. Samsung refrigerator, washer, and dryer convey. A 2-car garage, tankless water heater, and fenced courtyard complete the home. Minutes to H-E-B, Thinkery, downtown, and UT. Schedule your private showing today.

At $285/sqft, this home is 27% 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

5006 Pecan Springs Rd #3, Austin, TX 78723

Property Details

Price $625,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,191 sqft
Lot Size 0.08 acres (3,484.8 sqft)
Year Built 2016
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lofts at St Stephens
County Travis
Zip Code 78723
$/sqft $285/sqft
Days on Market ,
HOA $218/Monthly
Annual Tax Est. $11,579.69
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237640569
List Date June 26, 2026
Elementary School Pecan Springs
Middle School Martin
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
5006 Pecan Springs Rd #6
Lofts/St Stephens Condos
$625,000 $285 3 bd / 4 ba 2,191 sqft , 2026-06-08
1902 Webberville Rd #B
Webberville
$625,000 $370 3 bd / 3 ba 1,690 sqft , 2026-08-12
1708 E M Franklin Ave #A
1708 E M Franklin Condominiums
$630,000 $338 3 bd / 3 ba 1,863 sqft , 2026-06-26
5205 Rob Scott St
Baker
$649,000 $309 3 bd / 3 ba 2,101 sqft , 2026-07-09
1807 Corona Dr
Delwood 04 East Sec 02
$599,990 $396 3 bd / 2 ba 1,516 sqft , 2026-08-11

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
$3,000/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
$125,000
20% conventional investment loan

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

Estimated Gross Rent+$3,000
Principal + Interest−$3,411
Property Tax (~2.1% TX avg)−$1,094
Insurance (~0.5%)−$260
Est. Monthly Cash Flow $-1,765

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 July 8, 2026.

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