Active Listing  ·  101 days on market

5224 China Garden Dr

Austin, TX 78730
$969,999
4 Bed 3 Bath 3,204 sqft $303/sqft Built 1994 0.39 acres 2-Car Garage Pool River Place Sec 06

You’ll fall head over heels for the pool, outdoor kitchen, covered patio, and the giant backyard! This 4-bed (plus a dedicated office) , 3-bath beauty features the primary and a secondary bedroom on the main level. From the moment you enter, you're greeted by wood and tile flooring, fresh designer paint, and abundant natural light. The main-level primary suite has walk-in closets and a fully renovated spa-inspired bath featuring a walk-in shower with and a soaking tub. The open-concept kitchen boasts a large stone island, gas cooktop, double oven, and oversized pantry—perfect for everyday living and entertaining alike. Upstairs, the oversized game room overlooks the pool and outdoor kitchen. The two upstairs bedrooms share a Jack-and-Jill bath for added convenience. Recent updates include new roof in 2025, windows, fresh paint, and a Tesla Charger in the garage. Zoned to award-winning Leander ISD schools—including Four Points Middle and Vandegrift High—this home is a short bike ride from River Place Elementary and close to shopping, trails, and Lake Austin. This canyon-view home blends comfort, style, location, and panoramic views for you to enjoy daily. Come see for yourself.

At $303/sqft, this home is 23% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5224 China Garden Dr, Austin, TX 78730

Property Details

Price $969,999
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,204 sqft
Lot Size 0.39 acres (16,979.69 sqft)
Year Built 1994
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision River Place Sec 06
County Travis
Zip Code 78730
$/sqft $303/sqft
Days on Market ,
HOA $500/Annually
Annual Tax Est. $17,640.65
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227633615
List Date April 25, 2026
Elementary School River Place
Middle School Four Points
High School Vandegrift
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 →

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
10801 Beachmont Ln
Circle C Ranch Ph B Sec 17
$970,000 $317 5 bd / 3 ba 3,062 sqft , 2026-06-11
6914 Thorncliffe Dr
Allen Place
$970,000 $378 4 bd / 3 ba 2,569 sqft , 2026-07-03
219 GRANT CANNON Ln
Rough Hollow-Lakeway Highlands Ph 1 Sec 3
$970,000 $273 5 bd / 4 ba 3,550 sqft , 2026-07-08
424 Belforte Ave #31
Villas At Tuscan Village Amd
$969,550 $278 4 bd / 4 ba 3,491 sqft , 2026-05-11
10609 Skyflower Dr
Great Hills Sec 23 Ph 02-A
$969,000 $280 4 bd / 4 ba 3,458 sqft , 2026-06-19

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
$4,656/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
$194,000
20% conventional investment loan

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

Estimated Gross Rent+$4,656
Principal + Interest−$5,294
Property Tax (~2.1% TX avg)−$1,697
Insurance (~0.5%)−$404
Est. Monthly Cash Flow $-2,739

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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