About This Home

NEW CONSTRUCTION BY PULTE HOMES! Available April 2026! The Monroe's new home design is ideal for a large family offering a spacious entertaining space downstairs with a second-story loft and a private owner's suite.

At $173/sqft, this home is 56% 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

5301 Monarda Mint Dr, Austin, TX 78653

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $405,340

Status Active Listing

Beds 4

Full Baths 3

Half Baths ,

Living Area 2,344 sqft

Lot Size 0.05 acres (2,343.53 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Cameron Place

County Travis

Zip Code 78653

$/sqft $173/sqft

Days on Market ,

HOA $130/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT216407186

List Date January 14, 2026

Elementary School Bluebonnet Trail

Middle School Decker

High School Manor

School District ,

Have Questions About This Property?

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 · January 14, 2026 $455,816

Previous ask $405,304

Current ask $405,340

▼ Reduced $50,476 (-11.1%) 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

4703 Native Pearl None
Evelyn $404,990 $220 3 bd / 2 ba 1,840 sqft , 2026-07-23

10941 Tallsalt Dr
Evelyn $406,540 $239 3 bd / 2 ba 1,698 sqft , 2026-06-01

11012 Mystic Timber Dr
Evelyn $406,990 $224 4 bd / 2 ba 1,816 sqft , 2026-07-23

11004 Mystic Timber Dr
Evelyn $409,990 $223 3 bd / 2 ba 1,840 sqft , 2026-07-23

4729 Bridwell None
Evelyn $409,990 $244 3 bd / 2 ba 1,678 sqft , 2026-07-23

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

$1,946/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

$81,068

20% conventional investment loan

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

Estimated Gross Rent+$1,946

Principal + Interest−$2,212

Property Tax (~2.1% TX avg)−$709

Insurance (~0.5%)−$169

Est. Monthly Cash Flow $-1,144

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

About the Author

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 12, 2026.

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

5301 Monarda Mint Dr