Active Listing  ·  36 days on market

5307 Village Trl

Austin, TX 78744
$339,000
4 Bed 2 Bath 1,460 sqft $232/sqft Built 1974 0.15 acres Pool Village South Ph 01

Situated in Franklin Park, this beautifully updated 4-bedroom, 2-bathroom single-story home puts you in a convenient 78744 location with easy access to I-35, Highway 71, South Congress, Southpark Meadows, Roy G. Guerrero Park and Austin-Bergstrom International Airport. Mature trees frame the property, adding established charm to a location that makes getting around Austin refreshingly easy. Inside, the open-concept floor plan feels bright, cohesive, and move-in ready, with wood-look flooring flowing throughout the living room and all four bedrooms, no carpet here. The spacious living area opens directly to the kitchen and dining space, creating a comfortable setup. At the heart of the home, the updated kitchen features granite countertops, white cabinetry, stainless steel appliances, a center island, and a window over the sink overlooking the backyard. Sliding glass doors lead directly to the covered patio, where wooden beams and a corrugated metal roof provide a comfortable, shaded spot for morning coffee, outdoor dining, or relaxing after a long day. The primary suite is positioned at the front of the home and features a large window, walk-in closet and private bath with a walk-in shower accented by custom tilework. Three additional bedrooms share a stylish secondary bath with a tub/shower combination, built-in niches, and modern fixtures. Outside, the fully fenced backyard offers a private space beneath mature shade trees, with plenty of room to create your own outdoor retreat. With thoughtful updates, four true bedrooms, a comfortable single-story layout, and a location that keeps you connected to so much of South and East Austin, 5307 Village Trail Dr makes it easy to feel at home from day one.

At $232/sqft, this home is 41% 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

5307 Village Trl, Austin, TX 78744

Property Details

Price $339,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,460 sqft
Lot Size 0.15 acres (6,490.44 sqft)
Year Built 1974
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Village South Ph 01
County Travis
Zip Code 78744
$/sqft $232/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,942.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245350507
List Date September 18, 2026
Elementary School Rodriguez
Middle School Mendez
High School Travis
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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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 · September 18, 2026 $375,000
Current ask $339,000
▼ Reduced $36,000 (-9.6%) 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
5700 Limerock Holw
Village Square
$330,000 $260 3 bd / 2 ba 1,269 sqft , 2026-08-29
5805 Shaded Cottage Ct #97
Arbor Ridge Condo Amd
$325,000 $168 4 bd / 3 ba 1,931 sqft , 2026-07-15
5108 N Hearsey Dr
Viewpoint At Williamson Creek
$325,000 $187 3 bd / 3 ba 1,736 sqft , 2026-08-26
5708 Lark Creek Dr
Williamson Creek Sec 02
$325,000 $276 3 bd / 2 ba 1,178 sqft , 2026-09-25
2207 Palmera Cv
Peppertree Park Sec 01
$319,000 $271 3 bd / 1 ba 1,176 sqft , 2026-10-15

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
$1,627/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
$67,800
20% conventional investment loan

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

Estimated Gross Rent+$1,627
Principal + Interest−$1,850
Property Tax (~2.1% TX avg)−$593
Insurance (~0.5%)−$141
Est. Monthly Cash Flow $-957

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 →