Active Listing  ·  122 days on market

5400 Honey Dew Ter

Austin, TX 78749
$619,000
3 Bed 2 Bath 1,789 sqft $346/sqft Built 1983 0.23 acres 2-Car Garage Pool Westcreek Ph 03 Sec 03

Great value in a prime location just minutes from Downtown Austin. This partially updated home features an excellent floor plan, with the spacious primary suite separated from the secondary bedrooms for added privacy.

Recent updates include interior paint in Alabaster white (SW 7008), carpet, modern hardware and fixtures, recessed LED lighting, and a recently installed wood fence with steel posts. The spacious primary suite offers a beautifully updated walk-in shower with brushed bronze accents. Additional recent improvements include a roof (2024) and windows (2024) in the dining area and primary suite.

Set on a large lot with mature trees, the home also features a recently stained back deck—perfect for relaxing or entertaining.

Enjoy unbeatable convenience with walkability to the elementary and middle schools, nearby soccer fields, community greenbelt, and shopping and dining at Arbor Trails. Zoned to the highly regarded Green Tech Academy at Small Middle School.

Located in a well-positioned pocket of Austin, this home offers easy access to everyday essentials while helping you minimize time spent in traffic. Early morning runs or walks on the Violet Crown trail or Ladybird Lake are minutes away.

At $346/sqft, this home is 12% 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

5400 Honey Dew Ter, Austin, TX 78749

Property Details

Price $619,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,789 sqft
Lot Size 0.23 acres (10,219.18 sqft)
Year Built 1983
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Westcreek Ph 03 Sec 03
County Travis
Zip Code 78749
$/sqft $346/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,864.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226493726
List Date April 24, 2026
Elementary School Patton
Middle School Small
High School Austin
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
5820 Harper Park Dr #43
Harper Park
$630,000 $289 3 bd / 3 ba 2,177 sqft , 2026-08-19
6008 Smith Oak Trl
WESTCREEK SEC 2
$635,000 $364 3 bd / 2 ba 1,746 sqft , 2026-08-19
5405 Amanda Ellis Ct
Village At Western Oaks
$645,000 $384 3 bd / 2 ba 1,681 sqft , 2026-08-14
5660 Wagon Train Rd
Village At Western Oaks 09
$589,000 $293 3 bd / 3 ba 2,012 sqft , 2026-06-01
7205 Beckett Rd
Smiths J W Western Oaks 02-B
$575,000 $361 3 bd / 2 ba 1,591 sqft , 2026-06-23

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
$2,971/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
$123,800
20% conventional investment loan

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

Estimated Gross Rent+$2,971
Principal + Interest−$3,378
Property Tax (~2.1% TX avg)−$1,083
Insurance (~0.5%)−$258
Est. Monthly Cash Flow $-1,748

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 July 13, 2026.

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