Active Listing  ·  97 days on market

5305 Ledesma Rd #1

Austin, TX 78721
$750,000
4 Bed 4 Bath 2,400 sqft $313/sqft Built 2025 0.14 acres 1-Car Garage Pool 0

Set within an intimate four-residence boutique condo community, 5305 Ledesma Unit 1 offers a rare combination of modern design, flexible living space, and convenient East Austin access.

Built in 2025, this contemporary detached condo is designed for buyers who need more from their home; more rooms, more work-from-home flexibility, and more ways to adapt the space as life changes. The versatile floor plan is ideal for multigenerational living, professionals who each need a dedicated home office, growing households, frequent guests, or buyers who simply want extra rooms without giving up a close-in Austin location.

The bright, open-concept main living area features soaring ceilings, expansive windows, and a beautifully appointed kitchen with a large waterfall quartz island, stainless steel GE appliances, gas cooking, and generous space for gathering and entertaining.

The private bedroom spaces offer flexibility throughout the home, while the primary suite features high ceilings and a spa-inspired bath with dual quartz vanities and a custom walk-in shower with floor-to-ceiling tile.

Step outside to a private, fully fenced outdoor space with a rear deck ideal for morning coffee, dining, or relaxed evenings at home.

Located in vibrant East Austin, the home offers convenient access to Downtown Austin, Austin-Bergstrom International Airport, Lady Bird Lake, Mueller, and the area's diverse mix of restaurants, coffee shops, entertainment, and cultural destinations.

For buyers seeking a newer home with room to live, work, host, and grow within a small four-home community and close to the best of East Austin: 5305 Ledesma Unit 1 is an opportunity worth seeing in person.

At $313/sqft, this home is 20% 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 Ledesma Rd #1, Austin, TX 78721

Property Details

Price $750,000
Status Active Listing
Beds 4
Full Baths 4
Half Baths ,
Living Area 2,400 sqft
Lot Size 0.14 acres (5,989.5 sqft)
Year Built 2025
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision 0
County Travis
Zip Code 78721
$/sqft $313/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,217.73
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227297256
List Date April 29, 2026
Elementary School Ortega
Middle School Martin
High School Eastside Early College
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
7002 Whispering Oaks Dr
Whispering Oaks 01
$750,000 $338 5 bd / 4 ba 2,216 sqft , 2025-08-08
818 Stark St #A
Stark Add
$750,000 $271 3 bd / 3 ba 2,764 sqft , 2026-05-28
12724 Rush Creek Ln
Steiner Ranch Ph 01 Sec 09
$750,000 $235 4 bd / 4 ba 3,185 sqft , 2026-06-11
2905 E 5th St #A
2905 East 5th Condos
$750,000 $451 3 bd / 3 ba 1,664 sqft , 2026-06-19
3602 Serena Woods Ct
Serena Woods
$750,000 $413 4 bd / 2 ba 1,816 sqft , 2026-07-03

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
$3,600/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
$150,000
20% conventional investment loan

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

Estimated Gross Rent+$3,600
Principal + Interest−$4,093
Property Tax (~2.1% TX avg)−$1,313
Insurance (~0.5%)−$313
Est. Monthly Cash Flow $-2,119

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →