Active Listing  ·  123 days on market

5308 Sendero Hills Pkwy

Austin, TX 78724
$550,000
3 Bed 3 Bath 2,158 sqft $255/sqft Built 2007 0.25 acres Pool Meadows At Trinity Crossing Ph

Modern MidCentury inspired home with thoughtful upgrades and energy efficient features in a growing Austin location. This is open concept living with high ceilings, abundant natural light, and a seamless indoor outdoor flow.

Situated on a heavily wooded lot, this property offers exceptional privacy along with beautiful panoramic views of the surrounding area, creating a peaceful retreat while still being close to the city. Conveniently located just minutes to downtown Austin and major highways, this home provides easy access to dining, entertainment, and everyday essentials.

The kitchen opens to the main living area with generous counter space, modern cabinetry, and a large island ideal for entertaining. Interior upgrades include fresh paint throughout valued at $8,500 and window improvements valued at $1,800, enhancing both comfort and style.

Additional improvements include a foundation enhancement valued at $12,500 and a French drain system valued at $3,750, providing added confidence and long term performance.

A standout feature is the fully owned solar panel system featuring 32 SunPower SPR-X21-345-C-AC solar panels. This system is not leased and conveys with the home. Excess power returns to the grid for credits and the property benefits from a solar tax exemption. Owned solar systems of this size typically contribute an estimated $20,000 to $30,000 in added property value while significantly reducing monthly utility costs.

The primary suite offers a spacious retreat with an en suite bath and generous closet space. Secondary bedrooms are well sized and flexible for guests, office, or additional living needs.

Low tax rate of 2.11 further enhances affordability. This home combines design, privacy, energy efficiency, and long term value in one of Austin’s most desirable and fast growing areas.

At $255/sqft, this home is 35% 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

5308 Sendero Hills Pkwy, Austin, TX 78724

Property Details

Price $550,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,158 sqft
Lot Size 0.25 acres (11,064.24 sqft)
Year Built 2007
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Meadows At Trinity Crossing Ph
County Travis
Zip Code 78724
$/sqft $255/sqft
Days on Market ,
HOA $65/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT224913005
List Date April 3, 2026
Elementary School Oak Meadows
Middle School Decker
High School Manor
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
8414 Bowling Green Dr #3
SHAMROCK AVENUE CONDOMINIUMS
$550,000 $354 3 bd / 3 ba 1,555 sqft , 2026-02-13
306 Cartwheel Bnd #130
The Vineyards at Rough Hollow
$550,000 $272 4 bd / 4 ba 2,022 sqft , 2026-04-07
1702 S Lamar Blvd #12
Sage Condo
$550,000 $362 2 bd / 3 ba 1,521 sqft , 2026-03-15
7302 Meadowood Dr
Vintage Hills
$550,000 $341 3 bd / 2 ba 1,613 sqft , 2026-03-20
2408 SHILOH Dr
Shiloh Ph 02 Sec 01 Amd
$550,000 $328 3 bd / 2 ba 1,679 sqft , 2026-05-04

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
$2,640/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
$110,000
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,002
Property Tax (~2.1% TX avg)−$963
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,554

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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