Active Listing  ·  42 days on market

5110 Lucas Ln

Austin, TX 78731
$1,400,000
4 Bed 3 Bath 2,469 sqft $567/sqft Built 1958 0.43 acres 2-Car Garage Pool Beverly Hills Sec 02

Perched among the trees on a quiet, secluded street in Northwest Austin, this beautifully updated "treehouse" retreat offers a rare combination of privacy, scenic Hill Country views, and modern comfort. Just moments from Balcones Drive, the home offers easy access to The Domain, The Arboretum, downtown Austin, and some of the area's best shopping, dining, and outdoor recreation. Designed to embrace its natural surroundings, the home features nearly 300 square feet of covered outdoor living space across two spacious balconies, creating the perfect place to enjoy your morning coffee, unwind after a long day, or entertain while taking in the tranquil views. Inside, the light-filled main level welcomes you with soaring vaulted ceilings, expansive windows, warm wood floors, and an open floor plan designed for comfortable living. The inviting living room is anchored by a cozy fireplace and flows seamlessly into the spacious dining area and beautifully updated kitchen. Featuring Cambria quartz countertops, stainless steel appliances, and abundant workspace, the kitchen is equally suited for everyday meals and entertaining. Two secondary bedrooms are located on the main level, while the oversized primary suite occupies the level below. Complete with a second fireplace, the spacious retreat includes a beautifully updated en-suite bath with dual vanities, quartz countertops, tile flooring, and a generous walk-in closet featuring custom Container Store shelving. A fourth bedroom, powder bath, and large laundry room complete the lower level. Offering high ceilings, a flexible floor plan, a two-car garage, and exceptional indoor-outdoor living, this home delivers the perfect balance of privacy, comfort, and convenience. This exceptional Northwest Austin home is a rare opportunity to enjoy peaceful Hill Country living just minutes from the city's best shopping, dining, and major employers.

At $567/sqft, this home is priced 45% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5110 Lucas Ln, Austin, TX 78731

Property Details

Price $1,400,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,469 sqft
Lot Size 0.43 acres (18,896.33 sqft)
Year Built 1958
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Beverly Hills Sec 02
County Travis
Zip Code 78731
$/sqft $567/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $21,860.06
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248292886
List Date October 1, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
School District Austin ISD

Austin ISD

Highland Park · Lamar (Austin ISD) · McCallum

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
5104 Beverly Hills Dr
Beverly Hill
$1,399,000 $471 4 bd / 3 ba 2,973 sqft , 2026-07-31
5700 LOUISE Ln
Allandale West Sec 01
$1,449,900 $438 4 bd / 4 ba 3,312 sqft , 2026-08-22
5721 Louise Ln
Allandale West Sec 01
$1,345,000 $460 4 bd / 3 ba 2,924 sqft , 2026-09-15
3911 Dry Creek Dr
Shinoak Valley Sec 01
$1,285,000 $605 3 bd / 3 ba 2,124 sqft , 2026-08-03
5718 Highland Hills Dr
Highland Hills Sec 01
$1,175,000 $495 4 bd / 3 ba 2,376 sqft , 2026-09-30

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
$6,720/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
$280,000
20% conventional investment loan

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

Estimated Gross Rent+$6,720
Principal + Interest−$7,640
Property Tax (assumed ~2.1%)−$2,450
Insurance (assumed ~0.5%)−$583
Est. Monthly Cash Flow $-3,953

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 · 41 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. The written content was last updated on November 3, 2026.

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

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