About This Home

Welcome home to the perfect blend of privacy, space, and convenience. Nestled on an oversized lot in the gated Mansfield Estates community, this home backs to a peaceful greenbelt, creating a quiet setting with beautiful Hill Country views. The open layout is designed for easy everyday living and effortless entertaining, with inviting indoor and outdoor spaces you'll enjoy year-round. Whether you're hosting friends, relaxing on the patio, or simply taking in the scenery, this home offers the lifestyle you've been looking for. Just minutes from Lake Travis, shopping, dining, parks, and highly rated Leander ISD schools, you'll love everything this Northwest Austin location has to offer.

At $321/sqft, this home is 18% 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

5138 Mansfield View Ct, Austin, TX 78732

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Property Details

Price $1,100,000

Status Active Listing

Beds 4

Full Baths 3

Half Baths ,

Living Area 3,423 sqft

Lot Size 0.40 acres (17,519.83 sqft)

Year Built 2000

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Hughes Park Lake 02

County Travis

Zip Code 78732

$/sqft $321/sqft

Days on Market ,

HOA $400/Quarterly

Annual Tax Est. $17,688.88

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT239988603

List Date July 18, 2026

Elementary School Steiner Ranch

Middle School Canyon Ridge

High School Vandegrift

School District ,

Have Questions About This Property?

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

12506 Painted Bunting Dr
Painted Bunting $1,100,000 $484 3 bd / 3 ba 2,275 sqft , 2026-04-16

2902 Oakmont Blvd
Brykerwoods Annex 02 Resub $1,100,000 $422 4 bd / 3 ba 2,606 sqft , 2025-11-13

2806 W 44th St #B
Highland Park $1,100,000 $489 3 bd / 4 ba 2,250 sqft , 2026-05-13

10701 Scotland Well Dr
Park At Spicewood Spgs Ph $1,100,000 $356 4 bd / 3 ba 3,094 sqft , 2026-05-23

1107 Bowie Rd
Austin Lake Hills Sec 02 $1,100,000 $371 4 bd / 4 ba 2,965 sqft , 2026-06-25

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

$5,280/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

$220,000

20% conventional investment loan

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

Estimated Gross Rent+$5,280

Principal + Interest−$6,003

Property Tax (~2.1% TX avg)−$1,925

Insurance (~0.5%)−$458

Est. Monthly Cash Flow $-3,106

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

5138 Mansfield View Ct

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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