Active Listing  ·  269 days on market

5105 Palo Blanco Ln

Austin, TX 78744
$245,950
4 Bed 2 Bath 1,027 sqft $239/sqft Built 1972 0.16 acres 2-Car Garage Pool Peppertree Park Sec 02

5105 Palo Blanco in Austin offers unbeatable convenience just minutes from Downtown Austin, East Austin, Riverside, and the Austin-Bergstrom International Airport. This home sits in a high-demand corridor with quick access to major highways, top employers, parks, restaurants, and entertainment—perfect for commuters, frequent travelers, and investors seeking a strong location with consistent rental demand.

Recent updates include a roof replaced in 2016, HVAC replaced in 2019, and an irrigation system. The property also features an unpermitted room addition that provides extra usable space not included in the county’s recorded square footage. With ongoing growth and redevelopment in this area, this home is a smart opportunity for both buyers and investors looking for convenience, value, and long-term potential.

At $239/sqft, this home is 39% 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

5105 Palo Blanco Ln, Austin, TX 78744

Property Details

Price $245,950
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,027 sqft
Lot Size 0.16 acres (7,113.35 sqft)
Year Built 1972
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Peppertree Park Sec 02
County Travis
Zip Code 78744
$/sqft $239/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,082.65
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT212853640
List Date November 28, 2025
Elementary School Mendez
Middle School Mendez
High School Akins
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
4410 Dove Springs Dr
Dove Spgs Sec 02 Ph 02
$247,777 $259 3 bd / 1 ba 955 sqft , 2026-04-22
4912 Cabob St
South Highlands Amd
$249,990 $199 3 bd / 2 ba 1,254 sqft , 2026-01-26
2412 E Stassney Ln
Peppertree Park Sec 03
$255,000 $250 3 bd / 2 ba 1,022 sqft , 2026-04-10
6206 WAGON BEND Trl
WAGON CROSSING SEC 5
$235,000 $226 3 bd / 2 ba 1,040 sqft , 2026-08-22
5318 Walnut Grove Dr
Fairway Ridge
$275,000 $247 3 bd / 2 ba 1,113 sqft , 2026-05-22

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
$1,181/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
$49,190
20% conventional investment loan

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

Estimated Gross Rent+$1,181
Principal + Interest−$1,342
Property Tax (~2.1% TX avg)−$430
Insurance (~0.5%)−$102
Est. Monthly Cash Flow $-693

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 June 6, 2026.

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