About This Home

This stunning 1,686 sq ft home features 3 bedrooms and 2.5 bathrooms across three thoughtfully designed levels. Featuring professional interior design, the home boasts a chef's kitchen equipped with sleek Quartz countertops and premium Thermador appliances. Enjoy modern conveniences including energy-efficient windows, a second-floor laundry, an attached carport with a built-in EV charger, and a fenced yard. Whether you're looking for a beautiful primary residence or a turnkey investment property, this Austin home delivers!

At $466/sqft, this home is priced 19% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5108 Harmon Ave #A, Austin, TX 78751

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Property Details

Price $785,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 1,686 sqft

Lot Size 0.18 acres (7,797.24 sqft)

Year Built 2026

Garage ,

Stories ,

Type Residential · Condominium

Subdivision Ridgetop

County Travis

Zip Code 78751

$/sqft $466/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT235780519

List Date September 11, 2026

Elementary School Ridgetop

Middle School Lamar (Austin ISD)

High School McCallum

School District ,

Have Questions About This Property?

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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

943 E 52nd St
Ridgetop $785,000 $466 3 bd / 3 ba 1,686 sqft , 2026-08-28

1208 Fairwood Rd
Delwood Sec 02 $799,000 $465 3 bd / 2 ba 1,719 sqft , 2026-06-11

1028 Ellingson Ln
Mayfair Terrace $799,000 $357 2 bd / 1 ba 2,240 sqft , 2026-07-05

5313 Avenue G St #2
Highlands $769,999 $680 2 bd / 3 ba 1,133 sqft , 2026-07-16

907 E 53rd St
Ridgetop $749,000 $442 4 bd / 3 ba 1,693 sqft , 2025-12-11

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

$3,768/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

$157,000

20% conventional investment loan

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

Estimated Gross Rent+$3,768

Principal + Interest−$4,284

Property Tax (~2.1% TX avg)−$1,374

Insurance (~0.5%)−$327

Est. Monthly Cash Flow $-2,217

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

About the Author

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 September 22, 2026.

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

5108 Harmon Ave #A

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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