Active Listing  ·  5 days on market

5014 W Frances Pl

Austin, TX 78731
$750,000
4 Bed 3 Bath 2,013 sqft $373/sqft Built 1954 0.17 acres Pool Highland Village Sec 02 Pt 01

Welcome to 5014 West Frances Place, a thoughtfully updated home in one of Central Austin's most desirable neighborhoods. Blending timeless character with modern improvements, this move-in-ready home offers the perfect balance of classic charm and everyday comfort.

Recent improvements include a 30 years shingled roof (7/2026), beautifully refinished hardwood floors and fresh interior and exterior paint (7/2026), electrical service updated with a new main panel in 2014, and the sewer line was replaced in 2017. The windows throughout the home have also been replaced with Anderson windows. Step inside this well appointed home to find a spacious living area complete with beautiful brick fireplace. The kitchen was beautifully remodeled in 2021 with updated cabinetry, granite countertops, and features recessed lighting, stainless steel appliances and a free standing ice-maker. The dining area just off the kitchen is complete with built in bench seating and cabinets. The home also features a mother in law plan complete with a spacious primary suite located in the rear of the home including a primary bedroom with ensuite bathroom. The homes sunroom or secondary living area is found between the kitchen and primary suite. Improvements of this room include replacement of the original glass louvered windows with patio doors on both sides for ease of access to the private backyard, installation of split-system air-conditioning unit. The home also features 3 spacious bedrooms in the front section of the home with 2 additional baths featuring vintage tile from the era the home was built. Step outside to enjoy a private backyard retreat complete with a hot tub that conveys with the property—ideal for relaxing or entertaining.

Ideally located near parks, some of Austin ISD's most prestegious schools, shopping, dining, and everything Central Austin has to offer, this beautifully maintained gem combines quality updates, functional living spaces, and an exceptional location.

At $373/sqft, this home is 5% 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

5014 W Frances Pl, Austin, TX 78731

Property Details

Price $750,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,013 sqft
Lot Size 0.17 acres (7,257.1 sqft)
Year Built 1954
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Highland Village Sec 02 Pt 01
County Travis
Zip Code 78731
$/sqft $373/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,240
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240556969
List Date July 30, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
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
7002 Whispering Oaks Dr
Whispering Oaks 01
$750,000 $338 5 bd / 4 ba 2,216 sqft , 2025-08-08
5305 Ledesma Rd #1
0
$750,000 $313 4 bd / 4 ba 2,400 sqft , 2026-04-29
2905 E 5th St #A
2905 East 5th Condos
$750,000 $451 3 bd / 3 ba 1,664 sqft , 2026-06-19
3602 Serena Woods Ct
Serena Woods
$750,000 $413 4 bd / 2 ba 1,816 sqft , 2026-07-03
3917 Vaughan St
Mueller Sec Vii-C Sub Amd
$750,000 $382 3 bd / 3 ba 1,964 sqft , 2026-07-10

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
$3,600/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
$150,000
20% conventional investment loan

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

Estimated Gross Rent+$3,600
Principal + Interest−$4,093
Property Tax (~2.1% TX avg)−$1,313
Insurance (~0.5%)−$313
Est. Monthly Cash Flow $-2,119

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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