Active Listing  ·  24 days on market

5214 Langwood Dr

Austin, TX 78754
$315,000
2 Bed 3 Bath 1,641 sqft $192/sqft Built 1977 0.06 acres 2-Car Garage Pool Chimney Hill Ph 02 Sec 01

Nestled in a quiet pocket of Northeast Austin, this home backs to shared greenspace, creating a rare sense of openness and privacy. From the primary suite’s upper balcony, the view is simply green, open, and peaceful. No back neighbors, just room to breathe.

The greenspace beyond the backyard adds to the feeling of connection with the outdoors, whether you’re tossing a ball, letting the dog stretch its legs, or simply enjoying the open air without the upkeep of a larger yard.

The community itself is modest but thoughtfully appointed, with a pool, sport courts, neighborhood park, and walking trail that connects it all.

Inside, the home offers an easy, comfortable flow for everyday living, whether you’re gathering with friends or winding down at the end of the day. Upstairs, the primary suite feels like its own retreat, with a private balcony overlooking the greenery beyond.

5214 Langwood Dr offers something that can be surprisingly hard to find this close to the city: a peaceful setting, breathing room, and connection to both nature and community.

Quiet, connected, and ready for whatever comes next.

At $192/sqft, this home is 51% 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

5214 Langwood Dr, Austin, TX 78754

Property Details

Price $315,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,641 sqft
Lot Size 0.06 acres (2,787.84 sqft)
Year Built 1977
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision Chimney Hill Ph 02 Sec 01
County Travis
Zip Code 78754
$/sqft $192/sqft
Days on Market ,
HOA $175/Monthly
Annual Tax Est. $3,724.44
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241347858
List Date July 29, 2026
Elementary School Jordan
Middle School Garcia
High School Lyndon B Johnson (Austin ISD)
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
4703 Dorchester Heights Ln
Colonial Place Amd
$309,900 $165 3 bd / 2 ba 1,877 sqft , 2026-04-18
9205 Magna Carta Loop
Colonial Place Amd
$365,000 $226 3 bd / 2 ba 1,613 sqft , 2026-08-14
8807 Merion Cir
Chimneyhill 01 Instl
$375,000 $266 2 bd / 2 ba 1,411 sqft , 2026-06-17
5012 Magari Path
Chapman Estates
$375,000 $251 3 bd / 2 ba 1,495 sqft , 2026-07-24

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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 August 1, 2026.

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