Active Listing  ·  28 days on market

5108 N Hearsey Dr

Austin, TX 78744
$350,000
3 Bed 3 Bath 1,736 sqft $202/sqft Built 2003 0.15 acres 2-Car Garage Pool Viewpoint At Williamson Creek

Golf in one direction, hiking in another, and Downtown Austin within easy reach. This Southeast Austin location makes it possible to spend Saturday morning at Roy Kizer Golf Course, the afternoon exploring McKinney Falls State Park, and the evening downtown without turning any of it into a major production. Low HOA dues are one more reason the location makes sense. Fresh paint throughout brightens the interior, where the main level is dedicated to the spaces used for gathering. The living and dining areas share a generous, open footprint with enough space to create distinct zones for lounging, dining, or entertaining. The kitchen brings plenty of cabinetry and counter space to the equation, while glass-paned double doors draw in the backyard greenery and make outdoor access simple. Upstairs is quieter by design, with all of the bedrooms located away from the activity below. The primary suite includes its own ensuite bath, while the secondary bedrooms can keep their traditional roles or shift into guest space, an office, or something more personal. Beyond what you can see, the home has a practical streak. The all-electric setup is paired with rooftop solar panels, a hybrid heat-pump water heater, and an attic ventilation fan. Out back, a mature tree shades much of the fenced yard and gives the outdoor space an entirely different feel. A covered patio offers a natural spot for grilling or unwinding, while full irrigation and a storage shed keep the functional side covered. From tee times and trail days to evenings downtown, this home keeps Austin close while practical upgrades help keep things running smoothly at home. Seller is offering a lender paid 1 year temporary interest rate buydown when financing with the preferred lender. Offer is subject to qualification and guidelines, and may not be combined with other credits or incentives. Buyer to verify all info.

At $202/sqft, this home is 49% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5108 N Hearsey Dr, Austin, TX 78744

Property Details

Price $350,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,736 sqft
Lot Size 0.15 acres (6,621.12 sqft)
Year Built 2003
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Viewpoint At Williamson Creek
County Travis
Zip Code 78744
$/sqft $202/sqft
Days on Market ,
HOA $230/Annually
Annual Tax Est. $7,614.55
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244019077
List Date August 26, 2026
Elementary School Smith
Middle School Ojeda
High School Del Valle
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
4600 Cottonwood St
Viewpoint At Williamson Creek
$349,000 $156 3 bd / 3 ba 2,234 sqft , 2026-05-20
5406 S Hearsey Dr
VIEWPOINT AT WILLIAMSON CREEK PHS I THE
$340,000 $157 3 bd / 3 ba 2,170 sqft , 2026-05-04
5702 Palo Blanco Ln #A
Peppertree Park Sec 03
$339,000 $194 4 bd / 2 ba 1,744 sqft , 2026-07-15
5318 Hickory Dr
Fairway Ridge Amd
$339,000 $206 4 bd / 2 ba 1,646 sqft , 2026-07-15
5700 Limerock Holw
Village Square
$330,000 $260 3 bd / 2 ba 1,269 sqft , 2026-08-29

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
$1,680/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
$70,000
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$613
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-989

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 September 5, 2026.

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