Active Listing  ·  12 days on market

5403 Village Way Ct

Austin, TX 78745
$555,000
4 Bed 2 Bath 1,454 sqft $382/sqft Built 1969 0.20 acres 2-Car Garage Pool Fairmont Park Sec 02

Tucked away on a quiet cul-de-sac in the beloved Southern Oaks neighborhood, this South Austin home offers the space, updates, and backyard you've been looking for. With 4 bedrooms, 2 bathrooms, 1,454 square feet, and a 2-car garage, the home sits on a spacious 0.20-acre lot shaded by a mature oak tree in the front yard. Inside, you'll find tile flooring throughout—no carpet—along with fresh interior and exterior paint, smooth ceilings, new baseboards, toilets, dishwasher, recessed lighting, and updated light fixtures. The big-ticket items have already been taken care of with a new roof in 2020 and HVAC replaced in 2022. The backyard is ready to enjoy with a large, partially enclosed covered patio, paved walkway, lush grass, and a newer privacy fence. With plenty of room to add a pool or explore future ADU potential (new survey provided), this outdoor space offers endless possibilities for entertaining, relaxing, or creating your own backyard retreat. Conveniently located near South Austin favorites like Quack's Bakery, Austin Java, Jo's Coffee, Conan's Pizza, and Central Market, with easy access to 78704, Downtown Austin, and ABIA. Enjoy the best of South Austin while coming home to the peace and privacy of a quiet cul-de-sac in one of the area's most established neighborhoods.

At $382/sqft, this home is 2% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5403 Village Way Ct, Austin, TX 78745

Property Details

Price $555,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,454 sqft
Lot Size 0.20 acres (8,751.2 sqft)
Year Built 1969
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Fairmont Park Sec 02
County Travis
Zip Code 78745
$/sqft $382/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,023.15
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240698694
List Date July 23, 2026
Elementary School Cunningham
Middle School Covington
High School Crockett
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 →

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
3808 Oak Creek Dr
Northwood
$555,000 $348 3 bd / 2 ba 1,594 sqft , 2026-06-19
9024 Heiden Ln
Circle C Ranch
$555,000 $370 3 bd / 2 ba 1,500 sqft , 2026-07-10
4917 Sunset Trl #A
Sunset Trail Condos Ph 2
$559,000 $312 3 bd / 3 ba 1,792 sqft , 2026-03-25
4514 Highland Ter
Highland Park
$559,000 $364 3 bd / 1 ba 1,536 sqft , 2026-05-01
3211 Holton St #3211B
Villas At Holton Woods
$559,000 $383 3 bd / 3 ba 1,461 sqft , 2026-06-19

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
$2,664/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
$111,000
20% conventional investment loan

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

Estimated Gross Rent+$2,664
Principal + Interest−$3,029
Property Tax (~2.1% TX avg)−$971
Insurance (~0.5%)−$231
Est. Monthly Cash Flow $-1,567

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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