Active Listing  ·  63 days on market

5200 Grover Ave

Austin, TX 78756
$690,000
2 Bed 3 Bath 1,014 sqft $680/sqft Built 2024 0.15 acres 1-Car Garage Pool New Construction Brentwood

This exceptionally stunning new construction custom-built home combines luxury, comfort, and convenience in one of Brentwoods most sought-after neighborhoods. Homes with this level of craftsmanship and attention to detail rarely come available in Brentwood. This new construction residence offers 2 bedrooms and 2.5 bathrooms with impeccable craftsmanship and thoughtfully designed modern finishes throughout. Features include hardwood flooring on both the first and second floors, soaring ceilings, Shaker -style cabinetry, undermount cabinet lighting in the kitchen, quartz countertops, iron railings, and contemporary light fixtures. Designed for seamless indoor-outdoor living, the home features an extended covered patio and a large private fenced backyard perfect for year-round entertaining. The spacious primary suite includes a spa-inspired en-suite bath with a walk-in shower and built-in seating area. A rare additional bonus is the attached garage with a private driveway. Offering style, quality and a prime location with no HOA fees. Act quickly to secure this stunning property before its gone.

At $680/sqft, this home is priced 74% 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

5200 Grover Ave, Austin, TX 78756

Property Details

Price $690,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,014 sqft
Lot Size 0.15 acres (6,730.02 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Brentwood
County Travis
Zip Code 78756
$/sqft $680/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,431.47
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT231385272
List Date June 2, 2026
Elementary School Bryker Woods
Middle School O Henry
High School Austin
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
13919 Hummingbird Ln
Hidden Valley Sec 01
$689,900 $958 3 bd / 2 ba 720 sqft , 2026-07-06
2105 SL Davis Ave. #2 None
Foster
$689,900 $629 3 bd / 3 ba 1,097 sqft , 2026-07-21
3103 Garwood St #2
Brass G M
$689,000 $510 3 bd / 3 ba 1,352 sqft , 2026-06-04
1600 Barton Springs Rd #5601
Bartonplace Condo
$685,000 $602 2 bd / 2 ba 1,138 sqft , 2026-08-01
11605 Fitzhugh Rd
Elzy Harrison Surv Abs #379
$698,500 $569 2 bd / 2 ba 1,228 sqft , 2026-06-17

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
$3,312/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
$138,000
20% conventional investment loan

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

Estimated Gross Rent+$3,312
Principal + Interest−$3,766
Property Tax (~2.1% TX avg)−$1,208
Insurance (~0.5%)−$288
Est. Monthly Cash Flow $-1,950

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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