Active Listing  ·  6 days on market

5314 Watusi Bnd

Austin, TX 78732
$780,000
5 Bed 3 Bath 2,630 sqft $297/sqft Built 2022 0.16 acres 2-Car Garage Pool Steiner Ranch

Tucked into the rolling hills of Steiner Ranch, this recently built 5-bedroom modern farmhouse offers a thoughtful balance of timeless architecture and welcoming design. Set on a corner lot with peaceful views and a private backyard, this close-in Steiner Ranch home feels distinctly personal, with curated details that set it apart from the ordinary.

Inside the coveted Sonora floorplan, natural light moves effortlessly through the open kitchen, dining, and living spaces. A first floor guest room/office provides desired flexibility. The main-floor primary suite offers a quiet retreat, complete with blackout shades, drapery, and a reimagined bath featuring an oversized shower, separate soaking tub, and soft, brass finishes. Upstairs, three additional bedrooms and a spacious second living area offer room to gather and play.

Updates such as warm wood floors, shiplap accents, artful wallpaper, window shades and treatments, and custom hardware bring character and texture to every room. Each finish feels intentional, creating a home that is both beautifully designed and comfortable to live in with ultimate functionality. An oversized garage and generous utility room bring practicality to the home's thoughtful design, offering ample storage and a full home water softener. A covered porch opens to a private backyard framed by natural stone and greenery. It's a setting made for slow mornings, dinners outdoors, and evenings spent enjoying the vibe of home.

Life in Steiner Ranch extends well beyond your front door. Resort-style pools, tennis courts, miles of hike and bike trails, playgrounds, and private Lake Austin access for paddle boarding or fishing at the Colorado River create an exceptional setting for everyday living. Zoned to Leander ISD schools and convenient to shopping, dining, and golf, this Northwest Austin home pairs the ease of newer construction with the warmth and individuality of a thoughtfully curated home.

At $297/sqft, this home is 24% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5314 Watusi Bnd, Austin, TX 78732

Property Details

Price $780,000
Status Active Listing
Beds 5
Full Baths 2
Half Baths 1
Living Area 2,630 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Steiner Ranch
County Travis
Zip Code 78732
$/sqft $297/sqft
Days on Market ,
HOA $175/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251865986
List Date November 6, 2026
Elementary School Steiner Ranch
Middle School Canyon Ridge
High School Vandegrift
School District Leander ISD

Leander ISD

Steiner Ranch · Canyon Ridge · Vandegrift

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
12600 Schreiner Ct
Steiner Ranch Ph 01 Sec 02-A
$825,000 $249 4 bd / 3 ba 3,308 sqft , 2026-05-29
4104 Seldalia Trl
Steiner Ranch Ph 02 Sec 04D
$659,000 $228 4 bd / 3 ba 2,892 sqft , 2025-09-18
12315 Simmental Dr
The Retreat at Steiner Ranch
$644,999 $248 5 bd / 3 ba 2,596 sqft , 2026-09-16

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
$3,744/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
$156,000
20% conventional investment loan

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

Estimated Gross Rent+$3,744
Principal + Interest−$4,257
Property Tax (assumed ~2.1%)−$1,365
Insurance (assumed ~0.5%)−$325
Est. Monthly Cash Flow $-2,203

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 · 41 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. The written content was last updated on November 9, 2026.

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

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