Active Listing  ·  27 days on market

5315 La Crosse Ave #1

Austin, TX 78739
$575,000
2 Bed 3 Bath 2,104 sqft $273/sqft Built 2020 0.33 acres 2-Car Garage Pool The Cove at Circle C- Avi Lacrosse Condos

True lock-and-leave living in the heart of Southwest Austin! Welcome to 5315 La Crosse Ave. #1, a 2020-built, three-story condo in The Cove at Circle C Condominiums. This 2-bedroom, 3-bath home offers the ease of low-maintenance condo living with the space, storage, and flexibility buyers rarely find, plus full access to Circle C's exceptional amenities, including multiple pools, parks, playgrounds, trails, golf, tennis, and more.

If storage is on your wish list, this home delivers. Large bedroom closets, oversized linen closets, a spacious walk-in pantry, and two enclosed flex/storage rooms provide an incredible amount of storage rarely found in condo living. One features built-in hanging racks for organized seasonal storage, while the second includes its own AC wall unit, making it ideal for a home office, gym, hobby room, creative studio, or climate-controlled storage. Even the garage is heated and cooled for comfortable year-round use. Enjoy three private patios overlooking peaceful green space, offering multiple places to relax, entertain, or enjoy your morning coffee.

Kiker Elementary is just a short stroll away, making it easy to walk, ride bikes, or head to school without getting in the car.

The HOA covers water, front landscaping, and common area maintenance, giving you more time to enjoy the lock-and-leave lifestyle and everything Circle C has to offer.

Located minutes from Escarpment Village, H-E-B, the Lady Bird Johnson Wildflower Center, and Mopac, this home offers modern construction, exceptional storage, flexible living spaces, and a lifestyle that lives much larger than its square footage.

At $273/sqft, this home is 30% 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 Ave #1, Austin, TX 78739

Property Details

Price $575,000
Status Active Listing
Beds 2
Full Baths 3
Half Baths ,
Living Area 2,104 sqft
Lot Size 0.33 acres (14,435.78 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision The Cove at Circle C- Avi Lacrosse Condos
County Travis
Zip Code 78739
$/sqft $273/sqft
Days on Market ,
HOA $385/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238331469
List Date July 28, 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.

Schedule a Call →

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 · July 28, 2026 $585,000
Current ask $575,000
Reduced $10,000 (-1.7%) 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
5958 Salcon Cliff Dr
Village At Western Oaks Sec 15-a
$585,000 $330 3 bd / 2 ba 1,772 sqft , 2026-07-30
10817 Redmond Rd
Circle C Ranch Ph B Sec 3 Rep
$589,900 $283 3 bd / 2 ba 2,087 sqft , 2026-08-12
4615 Tello Path
Sendera South Sec 03
$535,000 $244 3 bd / 3 ba 2,191 sqft , 2026-08-04
6304 Walebridge Ln
Circle C Ranch
$625,000 $309 3 bd / 2 ba 2,024 sqft , 2026-07-09
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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 12, 2026.

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