Active Listing  ·  21 days on market

5200 Grover Ave

Austin, TX 78756
$610,000
2 Bed 3 Bath 1,014 sqft $602/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 craftmanship 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 hardwood flooring throughtout, soaring ceilings, shaker-styler cabinetry, undermount cabinet lighting in the kitchen, quartz countertops, iron stair railings, and contemporary light fixtures. Designed for seamless indoor-outdoor living, 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 with a walk-in shower and build in seating area. A rare addition bonus is the attached garage with a private driveway. Spectacular location ideally situated with convenient access to retail stores, charming restaurants, medical facilities, and a variety of other desirable destinations and everyday conveniences. No HOA fees.

At $602/sqft, this home is priced 53% above the Austin active market average of $393/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 $610,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,014 sqft
Lot Size 0.15 acres (6,751.8 sqft)
Year Built 2024
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Brentwood
County Travis
Zip Code 78756
$/sqft $602/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,431
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT245324062
List Date September 1, 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
5303 Avenue H None
Highlands
$600,000 $735 2 bd / 1 ba 816 sqft , 2026-08-14
4914 Woodrow Ave
Ep Austin Properties Sub
$599,000 $627 3 bd / 1 ba 956 sqft , 2026-03-20
1106 Arcadia Ave
West View Heights
$630,000 $611 2 bd / 2 ba 1,031 sqft , 2026-05-14
5502 Avenue F None #B
Avenue F Condominiums
$550,000 $541 2 bd / 2 ba 1,017 sqft , 2026-08-27
403 W 55th St
Northfield Annex 02
$539,900 $595 2 bd / 1 ba 907 sqft , 2026-08-14

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
$2,928/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
$122,000
20% conventional investment loan

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

Estimated Gross Rent+$2,928
Principal + Interest−$3,329
Property Tax (~2.1% TX avg)−$1,068
Insurance (~0.5%)−$254
Est. Monthly Cash Flow $-1,723

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 3, 2026.

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