Active Listing  ·  44 days on market

5304 Maryanna Dr

Austin, TX 78746
$4,950,000
4 Bed 6 Bath 5,440 sqft $910/sqft Built 1992 1.04 acres 3-Car Garage Pool Green Park Sec 03

View and more views!!! Nestlen in the gated Green Park neighborhood in Westlake, 5304 Maryanna Drive is set among just seven residences, each thoughtfully positioned on expansive acreage. Surrounded by mature oak trees, manicured grounds, and a sense of quiet seclusion, the setting feels removed while remaining moments from the best of Westlake, with sweeping Hill Country views and beautiful views of Lake Austin. A private nature trail and shared green space further enhance the experience, offering a connection to the landscape just beyond the front door. Built by Don Skirrow Custom Homes, this four bedroom, five and a half bathroom residence reflects a timeless architectural style grounded in quality and craftsmanship. Expansive Kolbe windows and doors bring in natural light while framing Lake Austin views alongside the pool and Hill Country, creating a seamless connection between the interior and its surroundings. The main level is designed with both livability and entertaining in mind. The kitchen opens naturally to the family room and breakfast area, extending to the pool terrace and creating an effortless flow throughout the home. Formal living and dining spaces, along with a dedicated study, offer both scale and flexibility. The primary suite is privately positioned on the main level, complete with generous proportions and a sense of separation. Upstairs, three ensuite bedrooms are complemented by a spacious game room and a hidden media room, along with additional storage and a private porch oriented to capture soft morning light and shaded afternoons with views toward Lake Austin. Outdoor living centers around the pool and terrace, where the surrounding greenery and elevated setting create a peaceful backdrop for both entertaining and quiet moments. Located within Eanes ISD and just minutes from Westlake Drive, Loop 360, and downtown Austin, the home offers a rare balance of privacy, scale, and accessibility within one of Westlake’s most established enclaves.

At $910/sqft, this home is priced 133% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5304 Maryanna Dr, Austin, TX 78746

Property Details

Price $4,950,000
Status Active Listing
Beds 4
Full Baths 5
Half Baths 1
Living Area 5,440 sqft
Lot Size 1.04 acres (45,176.08 sqft)
Year Built 1992
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Green Park Sec 03
County Travis
Zip Code 78746
$/sqft $910/sqft
Days on Market ,
HOA $265/Monthly
Annual Tax Est. $37,182.64
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247464324
List Date September 29, 2026
Elementary School Bridge Point
Middle School Hill Country
High School Westlake
School District Eanes ISD

Eanes ISD

Bridge Point · Hill Country · Westlake

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
4201 GREEN CLIFFS Rd
Green Park
$4,995,000 $1,055 4 bd / 4 ba 4,733 sqft , 2026-10-01
5307 Tortuga Trl
Mount Bonnell Shores
$4,607,500 $1,194 4 bd / 6 ba 3,858 sqft , 2026-07-15
4603 Charles Ave
Lake Side Add
$4,595,000 $881 5 bd / 7 ba 5,213 sqft , 2026-11-08
3608 Woodcutters Way
Forest At Westlake
$4,350,000 $698 5 bd / 7 ba 6,231 sqft , 2026-10-30
4400 Island Ave
Island At Mount Bonnell Shores
$6,250,000 $866 5 bd / 6 ba 7,219 sqft , 2026-07-01

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
$23,760/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
$990,000
20% conventional investment loan

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

Estimated Gross Rent+$23,760
Principal + Interest−$27,014
Property Tax (assumed ~2.1%)−$8,663
Insurance (assumed ~0.5%)−$2,063
Est. Monthly Cash Flow $-13,980

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 · 41 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. The written content was last updated on November 6, 2026.

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

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