Active Listing  ·  70 days on market

5318 Hickory Dr

Austin, TX 78744
$339,000
4 Bed 2 Bath 1,646 sqft $206/sqft Built 1998 0.16 acres 2-Car Garage Pool Fairway Ridge Amd

Welcome to 5318 Hickory Drive, ideally located in the heart of Southeast Austin with easy access to everything the city has to offer. This well-maintained four-bedroom, two-bath home features a desirable single-story floor plan, a two-car garage, situated on a private lot. Inside, you'll find an open layout with updated tile flooring throughout (no carpet!), a spacious sunlit living room, and two separate dining areas. The flexible secondary dining space is ideal for a home office or bonus space! The kitchen offers abundant counter space, upgraded stainless steel appliances, a gas range, and a sunny breakfast nook framed by an oversized front window that fills the space with natural light. Privately situated at the rear of the home, the primary suite overlooks the backyard and features a spacious ensuite bathroom and walk-in closet. Three additional bedrooms and a full secondary bathroom are thoughtfully positioned on the opposite side of the home. AC replaced 2023, and water heater 2026! Conveniently located just 12 minutes from Downtown Austin and 16 minutes from Austin-Bergstrom International Airport, the home is also within walking distance of neighborhood parks and recreation centers. Enjoy one of Austin's many greenspaces being just a mile from the 500+ acre Onion Creek Greenbelt, offering miles of trails and park space, while everyday conveniences—including H-E-B, restaurants, coffee shops, breweries, and entertainment—are all just 5 to 10 minutes away.

At $206/sqft, this home is 48% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5318 Hickory Dr, Austin, TX 78744

Property Details

Price $339,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,646 sqft
Lot Size 0.16 acres (7,139.48 sqft)
Year Built 1998
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fairway Ridge Amd
County Travis
Zip Code 78744
$/sqft $206/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $6,614.2
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239827249
List Date July 15, 2026
Elementary School Widen
Middle School Mendez
High School Akins
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
5702 Palo Blanco Ln #A
Peppertree Park Sec 03
$339,000 $194 4 bd / 2 ba 1,744 sqft , 2026-07-15
5406 S Hearsey Dr
VIEWPOINT AT WILLIAMSON CREEK PHS I THE
$340,000 $157 3 bd / 3 ba 2,170 sqft , 2026-05-04
5700 Limerock Holw
Village Square
$330,000 $260 3 bd / 2 ba 1,269 sqft , 2026-08-29
5108 N Hearsey Dr
Viewpoint At Williamson Creek
$350,000 $202 3 bd / 3 ba 1,736 sqft , 2026-08-26
5805 Shaded Cottage Ct #97
Arbor Ridge Condo Amd
$325,000 $168 4 bd / 3 ba 1,931 sqft , 2026-07-15

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
$1,627/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
$67,800
20% conventional investment loan

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

Estimated Gross Rent+$1,627
Principal + Interest−$1,850
Property Tax (~2.1% TX avg)−$593
Insurance (~0.5%)−$141
Est. Monthly Cash Flow $-957

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 18, 2026.

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