Active Listing  ·  57 days on market

5205 Stone Gate Dr

Austin, TX 78721
$410,000
3 Bed 2 Bath 1,870 sqft $219/sqft Built 1968 0.21 acres 2-Car Garage Pool Stone Gate

Discover a harmonious blend of classic charm and modern convenience at 5205 Stone Gate Drive, a captivating single-story residence nestled in a prime East Austin location. This property offers a unique opportunity to embrace a vibrant lifestyle in a sought-after community. The home’s traditional brick exterior is beautifully framed by mature trees and manicured hedges, creating an inviting first impression. A well-maintained front yard and a welcoming porch contribute to its appealing curb appeal. With 2 full bathrooms and a comfortable living area of 1870 square feet, this residence provides ample space for relaxation and daily living. The generous 0.21-acre lot, encompassing 9200 square feet, offers plenty of outdoor potential for gardening or entertaining. A concrete driveway ensures convenient parking, while the fenced yard provides a sense of privacy and security. The architectural integrity of this brick home is complemented by a shingle roof, ensuring durability and timeless appeal. This East Austin gem provides a perfect sanctuary while maintaining excellent access to the dynamic offerings of the city.

At $219/sqft, this home is 44% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5205 Stone Gate Dr, Austin, TX 78721

Property Details

Price $410,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,870 sqft
Lot Size 0.21 acres (9,199.87 sqft)
Year Built 1968
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stone Gate
County Travis
Zip Code 78721
$/sqft $219/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,806.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT237593235
List Date June 26, 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
4900 Eastdale Dr
Springdale Hills
$415,000 $275 3 bd / 2 ba 1,511 sqft , 2026-08-03
4806 Carsonhill Dr
Crest Hills Sec 01
$399,000 $261 3 bd / 2 ba 1,527 sqft , 2026-08-05
4127 E 12th St #1
The Sexton at Springdale
$424,900 $281 3 bd / 3 ba 1,514 sqft , 2025-06-06
4508 Craigwood Dr
Craigwood
$395,000 $283 3 bd / 2 ba 1,394 sqft , 2026-07-29
1136 Eleanor St
Green Valley 01
$425,000 $340 2 bd / 2 ba 1,249 sqft , 2026-06-26

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
$1,968/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
$82,000
20% conventional investment loan

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

Estimated Gross Rent+$1,968
Principal + Interest−$2,238
Property Tax (~2.1% TX avg)−$718
Insurance (~0.5%)−$171
Est. Monthly Cash Flow $-1,159

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 June 30, 2026.

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