Active Listing  ·  3 days on market

5301 Grover Ave

Austin, TX 78756
$899,900
3 Bed 3 Bath 2,015 sqft $447/sqft Built 2025 0.16 acres 1-Car Garage Pool Skyland Terrace

Incredible opportunity to own one of the best designed and built homes in Brentwood. Newly completed (in 2025) boutique 6 unit complex of similar homes. Barely and gently lived in, it is as close to brand new as it gets.

If you value well thought out design, custom quality, and attention to detail - you will enjoy seeing this property.

SUPER efficient and flowing open floor plan that lives much larger than listed. No wasted space, all has been very thoughtfully designed and planned out for ultimate combination of usability and flow. All the essentials and lots of bonuses are included. High level of finish out and attention to detail that stresses "would the builder actually live in the home as his own?".

See floor plan in attachments and images. Also please review the Features and Upgrades list in attachments and pictures as well - TONS of upgrades not usually seen on non custom homes. Spray foam insulation, fully insulated garage and door, whisper quiet garage opener with Wi-Fi control/camera, multi zone & multi stage (high/low variable stages) Carrier HVAC system with Nest thermostats, Nest Hello doorbell video camera, Yale smart deadbolt, Rachio smart yard sprinkler system controller, extra insulation between floors and bathrooms for sound, upscale landscaping features (lots of custom thick metal work), full gutters and underground drainage, Electric Vehicle charging, plus a LOT more. See list for all details.

Everything has been well thought out, designed, and executed at a high level of craftsmanship, rivaling custom homes. You will truly love living in this house - ALL past buyers/clients relay that notion.

At $447/sqft, this home is priced 14% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5301 Grover Ave, Austin, TX 78756

Property Details

Price $899,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,015 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 2025
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Skyland Terrace
County Travis
Zip Code 78756
$/sqft $447/sqft
Days on Market ,
HOA $375/Annually
Annual Tax Est. $16,000
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244129892
List Date August 21, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
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
5508 Avenue G None
Highlands
$895,000 $486 4 bd / 3 ba 1,842 sqft , 2026-04-16
4912 Avenue G None
Hyde Park
$850,000 $417 4 bd / 3 ba 2,036 sqft , 2026-08-05
1007 Payne Ave
Reservoir Heights
$950,000 $425 3 bd / 3 ba 2,234 sqft , 2026-07-06
501 E 50th St
Hyde Park
$975,000 $481 3 bd / 3 ba 2,028 sqft , 2026-06-01
5511 Joe Sayers Ave #A
Broadacres
$995,000 $513 3 bd / 3 ba 1,940 sqft , 2026-05-08

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
$4,320/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
$179,980
20% conventional investment loan

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

Estimated Gross Rent+$4,320
Principal + Interest−$4,911
Property Tax (~2.1% TX avg)−$1,575
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,541

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 22, 2026.

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