Active Listing  ·  12 days on market

5317 McCandless St

Austin, TX 78756
$1,400,000
5 Bed 4 Bath 2,631 sqft $532/sqft Built 2022 0.15 acres 1-Car Garage Pool Skyland

Timeless design with a guest quarters in the heart of North Loop! From the foyer to the guest house you'll find a very practical floorplan with luxury finishes throughout. The main level includes an open kitchen, living and dining with 12' ceilings, the primary wing, powder room and guest house! No expense spared in the kitchen including a 48" commercial grade range with dual oven, a cabinet paneled refrigerator and dishwater and large island. The living flows to the backyard with a wall of glass four panel Western sliding door opening up 16'x10’. The primary also overlooks the backyard with a wall of glass. Relaxing oversized primary bathroom with freestanding tub and oversized shower. Also on the main floor is the guest house, great for a multigenerational family for easy access. The guest quarters include a living space, kitchenette (with margarita window!), bedroom and full bathroom. What a fun backyard! Fully turfed with low maintenance, a temperature controlled cowboy pool (hot and cold), shade sails, commercial misting fans, and a large storage shed. Upstairs you'll find three additional spacious bedrooms, full bathroom with dual vanity and playspace/living room. What a location! Countless restaurants and coffee shops within 5-10 min, easy commutes to DT, The University, The Domain and Arboretum. Zoned for highly rated Brentwood Elementary!

At $532/sqft, this home is priced 36% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5317 McCandless St, Austin, TX 78756

Property Details

Price $1,400,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths 1
Living Area 2,631 sqft
Lot Size 0.15 acres (6,716.95 sqft)
Year Built 2022
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Skyland
County Travis
Zip Code 78756
$/sqft $532/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $27,099.33
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246350635
List Date September 10, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
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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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
404 W 55th 1/2 St
Northfield Annex 02
$1,395,000 $562 4 bd / 3 ba 2,482 sqft , 2026-08-06
5513 Duval St
Highlands
$1,499,000 $596 4 bd / 3 ba 2,517 sqft , 2026-09-03
1803 PALO DURO Rd
Vallejo
$1,499,999 $471 4 bd / 5 ba 3,188 sqft , 2026-08-13
6210 Camino Real None
Brentwood
$1,525,000 $519 5 bd / 7 ba 2,937 sqft , 2026-09-03
308 W North Loop Blvd #1
North Loop
$1,170,000 $421 4 bd / 4 ba 2,776 sqft , 2026-07-28

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
$6,720/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
$280,000
20% conventional investment loan

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

Estimated Gross Rent+$6,720
Principal + Interest−$7,640
Property Tax (~2.1% TX avg)−$2,450
Insurance (~0.5%)−$583
Est. Monthly Cash Flow $-3,953

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 11, 2026.

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