Active Listing  ·  26 days on market

5111 Woodmoor Dr

Austin, TX 78721
$349,900
3 Bed 2 Bath 2,150 sqft $163/sqft Built 1971 0.29 acres Pool Stone Gate

Investment opportunity in East Austin's Stone Gate neighborhood! This 3 bedroom, 2 bath home offers 2,150 square feet on one of the largest lots in the immediate area at 0.29 acres. Built in 1971, the home is being sold as-is and offering strong upside for a buyer ready to renovate or reposition in a neighborhood surrounded by new construction and recent remodels. No survey available. Located minutes from Mueller, Downtown Austin, and major East Austin growth corridors. Please see open house for the single scheduled showing window, to respect the homeowner's privacy and peace of enjoyment. Buyer to independently verify all condition, square footage, and development details.

At $163/sqft, this home is 58% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5111 Woodmoor Dr, Austin, TX 78721

Property Details

Price $349,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,150 sqft
Lot Size 0.29 acres (12,641.11 sqft)
Year Built 1971
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Stone Gate
County Travis
Zip Code 78721
$/sqft $163/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,605.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244489425
List Date September 12, 2026
Elementary School Sims
Middle School Garcia
High School Northeast Early College
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
1160 Nickols Ave #A
Nuckols Condo
$350,000 $183 3 bd / 3 ba 1,914 sqft , 2026-02-02
1008A Brickell Loop
Easton Park - Nelson Village
$354,990 $195 3 bd / 3 ba 1,823 sqft , 2026-08-07
5202 Dimesky Ln
Park at 51 East affordable
$396,000 $221 3 bd / 3 ba 1,793 sqft , 2026-08-23
4806 Carsonhill Dr
Crest Hills Sec 01
$399,000 $261 3 bd / 2 ba 1,527 sqft , 2026-08-05
4802 Carsonhill Dr
Crest Hills Sec 01
$399,500 $283 3 bd / 2 ba 1,410 sqft , 2026-07-14

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
$69,980
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)−$612
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-988

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 18, 2026.

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