Active Listing  ·  203 days on market

5215 Overbrook Dr

Austin, TX 78723
$475,000
4 Bed 2 Bath 1,480 sqft $321/sqft Built 1958 0.18 acres Pool Manor Hills

Need space for your book collection? This home is ready for the most bookish of buyers...Tired of touring the same gray, cookie-cutter homes that just don’t pass the vibe check? This cottage-core stylish 3-bedroom, 2-bath Mid-Century home in Austin’s vibrant Manor Hills neighborhood delivers character, warmth, and modern updates you can actually feel the moment you walk in.

Step inside to an open-concept living with soaring ceilings and abundant natural light, featuring zero carpet, fresh interior paint, and updated designer fixtures throughout. The remodeled kitchen is a standout with custom mahogany-stained butcher block countertops, stainless steel appliances, gorgeous tile backsplashes, and a dedicated coffee station/bar perfect for everyday living or entertaining guests. And yes — there’s even a coffee porch ready for your morning ritual!

The spacious primary suite offers an en-suite bathroom with a large walk-in shower and TWO closets. Need extra flex space? The oversized screened-in covered patio can easily become your diva den, man cave, workout room, creative studio, or second living area.

Outside, enjoy a peaceful tree-shaded backyard ideal for relaxing, gardening, or gathering under the Texas sky. Additional upgrades include a DOG-WASHING AREA, new roof (July 2025), energy-efficient tankless water heater (2023), new interior paint (March 2025), new countertops and backsplash (March 2025), new front porch (January 2025), new stove (March 2025), and updated kitchen lighting (April 2025).

Just minutes from Downtown, Mueller Park, Bartholomew Park, Lady Bird Lake, H-E-B, Dell Children’s Medical Center, Alamo Drafthouse, shopping, dining, frisbee golf, and roller skating — this home offers the perfect mix of Austin charm, walkability, and personality.

Don’t miss your opportunity to own a home in Austin with actual character, just like Austin itself!

At $321/sqft, this home is 18% 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

5215 Overbrook Dr, Austin, TX 78723

Property Details

Price $475,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,480 sqft
Lot Size 0.18 acres (7,710.12 sqft)
Year Built 1958
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Manor Hills
County Travis
Zip Code 78723
$/sqft $321/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $8,949.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218108276
List Date February 1, 2026
Elementary School Pecan Springs
Middle School Martin
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.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · February 1, 2026 $525,000
Previous ask $495,000
Current ask $475,000
Reduced $50,000 (-9.5%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
4715 Carsonhill Dr
Crest Hills Sec 01
$475,000 $257 3 bd / 2 ba 1,845 sqft , 2026-07-09
4710 Russet Hill Dr
Springdale Hills Sec 02
$480,000 $378 3 bd / 2 ba 1,270 sqft , 2026-07-10
5216 Golden Canary Ln
51 East
$495,000 $255 3 bd / 3 ba 1,938 sqft , 2026-01-09
3108 E 51st St #1104
Grove Condominiums
$495,000 $271 3 bd / 4 ba 1,827 sqft , 2026-07-01
5605 Overbrook Dr
Manor Hills Sec 03
$450,000 $329 3 bd / 2 ba 1,367 sqft , 2025-10-23

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 11, 2026.

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