Active Listing  ·  48 days on market

5104 Stone Gate Dr #1

Austin, TX 78721
$865,000
4 Bed 4 Bath 2,528 sqft $342/sqft Built 2026 0.22 acres Pool New Construction Stone Gate

Designer new construction in East Austin; not a flip, not a spec build. The front house delivers a 2,528 sqft, 4 bed + office, 4 full bath showstopper with two living areas and finishes that rival the best. Leathered black stone island, full slab marble backsplash, custom plaster hood, and a primary bath with bookmatched marble, freestanding soaking tub, and brushed brass throughout. Every secondary bath has its own distinct design point of view, bold black tile here, dusty blue glass tile there -nothing builder-grade. Striking blue and charcoal board-and-batten exterior with cedar soffits and a third-floor balcony. CO'd and move-in ready. This is the one buyers compare everything else to.

1% lender credit is available to qualified buyers with the use of preferred lender. Exclusions apply. Reach out for details.

At $342/sqft, this home is 13% 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

5104 Stone Gate Dr #1, Austin, TX 78721

Property Details

Price $865,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 2,528 sqft
Lot Size 0.22 acres (9,557.06 sqft)
Year Built 2026
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Stone Gate
County Travis
Zip Code 78721
$/sqft $342/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT224474657
List Date June 17, 2026
Elementary School Norman-Sims
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.

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 · June 17, 2026 $949,000
Previous ask $885,000
Current ask $865,000
Reduced $84,000 (-8.9%) 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
13612 Bullick Hollow Rd
Adams Beaty & Moulton Surv
$865,000 $344 3 bd / 3 ba 2,517 sqft , 2025-05-31
308 Ansley Cv
Lakeway Highlands Ph 2 Sec 1B
$865,000 $318 4 bd / 4 ba 2,717 sqft , 2026-04-29
14401 Laurinburg Dr
Avery Station Sec 1A Ph 1
$864,999 $288 4 bd / 3 ba 3,003 sqft , 2026-07-24
4412 Authentic Dr #206
The Grove
$869,000 $399 4 bd / 4 ba 2,178 sqft , 2026-06-24
17709 Absinthe Dr
Provence - 60'
$869,900 $279 4 bd / 3 ba 3,115 sqft , 2026-01-09

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
$4,152/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
$173,000
20% conventional investment loan

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

Estimated Gross Rent+$4,152
Principal + Interest−$4,721
Property Tax (~2.1% TX avg)−$1,514
Insurance (~0.5%)−$360
Est. Monthly Cash Flow $-2,443

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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