Active Listing  ·  108 days on market

5315 La Crosse 8 Ave

Austin, TX 78739
$595,000
4 Bed 4 Bath 2,446 sqft $243/sqft Built 2021 0.33 acres 2-Car Garage Pool Cove at Circle C

Located in the highly sought-after Circle C community and zoned to top-rated schools, this stylish 2021-built home offers a rare opportunity to enjoy modern, low-maintenance living in one of South Austin’s most established neighborhoods. Thoughtfully designed with an modern floorplan, the main living spaces are elevated on the second level to maximize natural light, privacy, and beautiful neighborhood views from the covered balcony. With an oversized lot of over one-third of an acre and no rear neighbors, you'll enjoy a private backyard with room to garden, play, or entertain.

The open-concept layout is ideal for entertaining and everyday living, featuring wood and tile flooring, soaring ceilings, and a stunning kitchen with sleek contemporary finishes, generous prep space, and a large pantry. The seamless flow between the kitchen, dining, living area, and covered patio creates an inviting atmosphere that lives larger than expected. Level 2 EV charger already installed.

With 4 bedrooms and 3.5 baths, the flexible floorplan offers space for guests, home offices, or multigenerational living, while the lock-and-leave footprint appeals to buyers seeking convenience without sacrificing style or location. HOA includes water usage, landscaping maintenance, common area insurance & master Circle C HOA (4 pool facilities, Community Center, parks, playgrounds, trails, soccer fields, tennis & golf).

Modern design, low-maintenance ease, and an unbeatable South Austin location — this home stands out from the crowd.

At $243/sqft, this home is 38% 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

5315 La Crosse 8 Ave, Austin, TX 78739

Property Details

Price $595,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,446 sqft
Lot Size 0.33 acres (14,435.78 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cove at Circle C
County Travis
Zip Code 78739
$/sqft $243/sqft
Days on Market ,
HOA $400/Monthly
Annual Tax Est. $13,395.78
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225535269
List Date May 8, 2026
Elementary School Kiker
Middle School Gorzycki
High School Bowie
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 · May 8, 2026 $685,000
Previous ask $600,000
Current ask $595,000
Reduced $90,000 (-13.1%) 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
10817 Redmond Rd
Circle C Ranch Ph B Sec 3 Rep
$589,900 $283 3 bd / 2 ba 2,087 sqft , 2026-08-12
4725 Tello Path
Sendera South Sec 03
$573,000 $246 4 bd / 2 ba 2,334 sqft , 2026-07-02
6304 Walebridge Ln
Circle C Ranch
$625,000 $309 3 bd / 2 ba 2,024 sqft , 2026-07-09
5315 La Crosse Ave #16
Avi Lacrosse Condos
$645,000 $264 4 bd / 4 ba 2,446 sqft , 2025-12-20
6435 Old Harbor Ln
Circle C Ranch Ph B Sec 02
$649,999 $316 3 bd / 2 ba 2,057 sqft , 2026-05-11

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
$2,856/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
$119,000
20% conventional investment loan

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

Estimated Gross Rent+$2,856
Principal + Interest−$3,247
Property Tax (~2.1% TX avg)−$1,041
Insurance (~0.5%)−$248
Est. Monthly Cash Flow $-1,680

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 August 15, 2026.

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