Active Listing  ·  185 days on market

5305 Ingersoll Ln S

Austin, TX 78744
$300,000
3 Bed 3 Bath 1,914 sqft $157/sqft Built 2015 0.10 acres 2-Car Garage Pool Addison Sec 1 Sub

You WON'T FIND better price in this Addison. Wow! low taxes in Austin, TX and an underpriced home in Austin, Tx. Dare to compare to others in the Addison area. This is an approved sales price by Short Sale Dept. at 305k. What is a Short Sale? A Short Sale is a home the seller is selling at a loss. Which equals gain to the buyer. will accept any offer at 313k or better, which the seller submits your offer to its lender for an official ACCEPTANCE of your offer. The lender must accept it, because they are taking a hit on the balance. This process can take...30-45 days to hear back on your offer, but it's worth your patience for an amazing price in Austin. So, bring your patience and let's write it up in this buyer's market. Buyer can negotiate everything inside the house.

At $157/sqft, this home is 60% 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

5305 Ingersoll Ln S, Austin, TX 78744

Property Details

Price $300,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,914 sqft
Lot Size 0.10 acres (4,399.56 sqft)
Year Built 2015
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Addison Sec 1 Sub
County Travis
Zip Code 78744
$/sqft $157/sqft
Days on Market ,
HOA $40/Monthly
Annual Tax Est. $4,867
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT213710301
List Date January 31, 2026
Elementary School Hillcrest
Middle School Ojeda
High School Del Valle
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
10819 Crown Colony Dr #19
Greens Onion Creek Condo Ph 02
$300,000 $225 2 bd / 3 ba 1,334 sqft , 2026-03-28
6800 Baythorne Dr
Sheldon 230
$300,000 $145 3 bd / 3 ba 2,068 sqft , 2026-04-29
10537 Steinbeck Dr
Bradshaw Crossing Sub
$300,000 $182 3 bd / 2 ba 1,650 sqft , 2026-05-20
4159 Steck Ave #226
Mesa Village Condo
$300,000 $224 3 bd / 2 ba 1,342 sqft , 2026-05-28
10819 Crown Colony Dr #11
Greens Onion Creek Condo Ph 01
$300,000 $230 2 bd / 3 ba 1,306 sqft , 2026-06-26

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
$1,440/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
$60,000
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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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