Active Listing  ·  3 days on market

5100 Plumas Ln

Austin, TX 78745
$700,000
3 Bed 2 Bath 2,283 sqft $307/sqft Built 1961 0.31 acres Pool Southern Oaks Sec 04

Welcome home to a Westgate retreat where the hard work has already been done. Fully updated and ready for its next chapter, this South Austin home offers a fresh, polished feel with thoughtful finishes throughout—and not a stitch of carpet in sight. Sunlight pours into the open living spaces, creating a warm and inviting setting for everything from quiet mornings to lively gatherings. The kitchen anchors the home with beautiful finishes and plenty of room to connect while meals are being made.

Outside, the oversized 0.312-acre corner lot gives you room to spread out, play, entertain, or simply unwind beneath the covered patio. Standout curb appeal make a memorable first impression, while the extensive renovations mean you can skip the projects and settle right in. This is the kind of home buyers hope to find: updated, easy to maintain, and completely ready to enjoy from day one.

At $307/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

5100 Plumas Ln, Austin, TX 78745

Property Details

Price $700,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,283 sqft
Lot Size 0.31 acres (13,608.14 sqft)
Year Built 1961
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Southern Oaks Sec 04
County Travis
Zip Code 78745
$/sqft $307/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,392.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244227841
List Date August 21, 2026
Elementary School Sunset Valley
Middle School Covington
High School Crockett
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
4601 Hank Ave #1
Forest Oaks
$699,900 $403 3 bd / 3 ba 1,736 sqft , 2026-08-13
4101 Menchaca Rd #104
4101 Menchaca
$699,000 $406 3 bd / 4 ba 1,723 sqft , 2026-07-14
5004 Pack Saddle Pass
Western Trails Sec 08
$720,000 $307 4 bd / 3 ba 2,342 sqft , 2026-07-09
4608 Frontier Trl
Western Trails Sec 01
$675,000 $322 4 bd / 2 ba 2,094 sqft , 2025-11-03
4604 Banister Ln #A
Moore-Tate 4604 Banister Condo
$725,000 $408 3 bd / 3 ba 1,778 sqft , 2026-06-03

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
$3,360/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
$140,000
20% conventional investment loan

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

Estimated Gross Rent+$3,360
Principal + Interest−$3,820
Property Tax (~2.1% TX avg)−$1,225
Insurance (~0.5%)−$292
Est. Monthly Cash Flow $-1,977

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 22, 2026.

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