Active Listing  ·  26 days on market

5105 Woodgreen Cv

Austin, TX 78745
$920,000
4 Bed 3 Bath 2,157 sqft $427/sqft Built 1963 0.25 acres 2-Car Garage Pool Southern Oaks Sec 05

A complete custom renovation transformed this 1964 home into something decidedly contemporary with the scale and solidity of its original construction. Set on an expansive quarter-acre cul-de-sac lot in South Austin’s coveted Southern Oaks/Westgate neighborhood, this residence pairs a high-end modern interior with the kind of land and location that are increasingly hard to find this close to Downtown. Inside, tall ceilings, white oak floors, neutral finishes, and oversized glass sliders create a beautifully scaled living space with room to entertain, dine, and lounge. The custom kitchen is the centerpiece, with a quartz island, farmhouse sink, gas range with vented chef’s hood, soft-close cabinetry, pull-out storage, and butler pantry station. The main-floor primary suite delivers a walk-in closet and elevated bath with dual vanity, frameless glass shower, designer tile, and freestanding soaking tub. Upstairs, three generous bedrooms share a spa-inspired bath with dual vanity and glass shower. A wide hallway offers bonus space for desks, play, or a reading nook. The laundry room has abundant built-ins and doubles as a powder room. The 2024 renovation went far beyond cosmetics: roof, HVAC ductwork, furnace, electrical, appliances, siding, flooring, bathrooms and finishes were replaced or upgraded; square footage was added and a tankless water heater installed. Plus: 200-amp electrical service with EV charging capability, water purifier, smart thermostat, SF-3 zoning and ADU compatibility. Outside, a deck extends the living space, while the huge backyard leaves room for a pool, guest house, garden or whatever comes next. Mature trees and privacy fencing complete the setting. Walk to Captain Quacks, Austin Java and Conan’s Pizza, with parks, tennis and playgrounds nearby - and Downtown just six miles away. No HOA. A fully reimagined home, land and a coveted South Austin address rarely come together like this. Come experience this exquisite South Austin residence today.

At $427/sqft, this home is priced 9% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5105 Woodgreen Cv, Austin, TX 78745

Property Details

Price $920,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,157 sqft
Lot Size 0.25 acres (10,815.95 sqft)
Year Built 1963
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Southern Oaks Sec 05
County Travis
Zip Code 78745
$/sqft $427/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,864.28
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244628306
List Date August 28, 2026
Elementary School Cunningham
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.

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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
1606 Grayford Dr #1
Low Theodore Heights
$850,000 $395 4 bd / 3 ba 2,153 sqft , 2026-09-05
4803 Philco Dr
Park Forest Sec 01
$840,000 $341 3 bd / 3 ba 2,463 sqft , 2025-11-06
1701 Stanley Ave
Manchaca Estates
$1,000,000 $611 4 bd / 2 ba 1,638 sqft , 2026-05-15
4412 Banister Ln #1
Banister Acres
$1,025,000 $394 4 bd / 3 ba 2,601 sqft , 2026-07-16
2204 Fair Oaks Dr
Southern Oaks Sec 03
$770,000 $369 4 bd / 3 ba 2,084 sqft , 2026-08-20

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
$4,416/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
$184,000
20% conventional investment loan

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

Estimated Gross Rent+$4,416
Principal + Interest−$5,021
Property Tax (~2.1% TX avg)−$1,610
Insurance (~0.5%)−$383
Est. Monthly Cash Flow $-2,598

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 29, 2026.

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