Active Listing  ·  15 days on market

5307 Harmon Ave #2

Austin, TX 78751
$415,000
2 Bed 2 Bath 1,088 sqft $381/sqft Built 2019 0.05 acres Pool Northvale Sec 02

Live among the trees in this private setting in the heart of central Austin! Comfort, quiet, and charm coalesce in this modern, stand alone condo which offers a spacious front deck for entertaining and easy indoor/outdoor living. Located just 1.7 miles to the historic Hyde Park neighborhood, 4.5 miles to downtown Austin and 1.5 miles to Mueller's Urban Village with plenty of restaurants, retail, a farmer's market, and an H-E-B grocery store. Also, walking distance to bars, restaurants, and coffee shops, and not far from the Airport Blvd. bike path. Light-filled with high ceilings and tall windows, this well-loved home offers easy access to main highways while feeling secluded and removed from the hustle and bustle. Freshly painted throughout in September of 2026. Google internet available. Welcome home to your bright, calm modern home surrounded by trees in one of Austin's most iconic areas.

At $381/sqft, this home is 3% 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

5307 Harmon Ave #2, Austin, TX 78751

Property Details

Price $415,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,088 sqft
Lot Size 0.05 acres (2,238.98 sqft)
Year Built 2019
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Northvale Sec 02
County Travis
Zip Code 78751
$/sqft $381/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246710792
List Date September 23, 2026
Elementary School Ridgetop
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.

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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
1612 Broadmoor Dr
Windsor Park
$409,000 $316 3 bd / 1 ba 1,296 sqft , 2026-09-11
6902 Carver Ave #A
6902 Carver Site Condos
$405,900 $308 2 bd / 3 ba 1,320 sqft , 2026-08-13
1509 Ridgemont Dr
Windsor Park
$425,000 $384 3 bd / 1 ba 1,108 sqft , 2026-09-24
1302 Bentwood Rd
Delwood Sec 02
$425,000 $389 3 bd / 1 ba 1,092 sqft , 2026-09-29
919 E 51st St #B
919 East 51st Condos
$400,000 $461 2 bd / 1 ba 867 sqft , 2026-04-23

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
$1,992/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
$83,000
20% conventional investment loan

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

Estimated Gross Rent+$1,992
Principal + Interest−$2,265
Property Tax (~2.1% TX avg)−$726
Insurance (~0.5%)−$173
Est. Monthly Cash Flow $-1,172

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 September 24, 2026.

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