Active Listing  ·  37 days on market

5405 Korth Dr

Austin, TX 78749
$625,000
3 Bed 2 Bath 2,209 sqft $283/sqft Built 2001 0.20 acres 2-Car Garage Pool Village At Western Oaks Sec 23

If your week runs through Mopac, 5405 Korth Dr is about as well placed as Southwest Austin gets. Davis Lane to the on-ramp in under two minutes, Downtown in about 15, Austin-Bergstrom roughly 20 minutes out. The HEB at Escarpment and Slaughter is a short walk, and the same corner has Waterloo Ice House, Satellite Bistro, Mangieri's, and a row of everyday restaurants and bars you can get to on foot. Arbor Trails, Costco, and Whole Foods are about five minutes up Mopac. Dick Nichols Park with its pool, trails, and courts is right up the road, and the Veloway and Lady Bird Johnson Wildflower Center are a few minutes down Escarpment for riding and walking. The house is a single story 3 bed, 2 bath with 2,209 sq ft on a 0.20 acre lot, with an HVAC system replaced in 2025, fresh paint throughout, new carpet in all three bedrooms, and a new quartz counter and sinks in the primary bath (all August 2026). It is ready to move into. The layout works for real life. A separate office or second living area sits just off the front entry, and the kitchen with its center island, granite counters, and oversized walk-in pantry opens straight into the family room and fireplace. The cooktop is electric today, but the gas line is still in place if you would rather cook on gas. The primary suite has its own door to the back patio, dual vanities, a garden tub, separate shower, and a walk-in closet. Two more bedrooms and a full bath round out the single level. Out back is a covered patio, a water feature, and established landscaping behind a wood privacy fence. The lot next door is a vacant City of Austin watershed parcel, which means no neighbor on that side, nothing can be built there, and the natural drainage on that side runs away from the house. Two car attached garage, rain gutters, and exterior lighting. Zoned to top rated Mills Elementary, Small Middle, and Bowie High School.

At $283/sqft, this home is 28% 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

5405 Korth Dr, Austin, TX 78749

Property Details

Price $625,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,209 sqft
Lot Size 0.20 acres (8,712 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Village At Western Oaks Sec 23
County Travis
Zip Code 78749
$/sqft $283/sqft
Days on Market ,
HOA $305/Annually
Annual Tax Est. $5,237
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245402123
List Date September 1, 2026
Elementary School Mills
Middle School Small
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.

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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 · September 1, 2026 $649,000
Current ask $625,000
▼ Reduced $24,000 (-3.7%) 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
4732 Norman Trl
Sendera
$619,999 $283 3 bd / 3 ba 2,191 sqft , 2026-10-02
9131 Edwardson Ln
Circle C Ranch Ph A Sec 01
$634,900 $396 3 bd / 2 ba 1,603 sqft , 2026-07-30
5513 Kayview Dr
Village At Western Oaks Sec 17
$639,000 $314 4 bd / 2 ba 2,037 sqft , 2026-10-07
8104 Cutler Ridge Pl
Village At Western Oaks 08
$649,000 $289 4 bd / 3 ba 2,247 sqft , 2026-10-01
4608 Velasco Pl
Maple Run Sec 07-B
$599,900 $396 3 bd / 3 ba 1,513 sqft , 2026-09-03

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
$3,000/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
$125,000
20% conventional investment loan

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

Estimated Gross Rent+$3,000
Principal + Interest−$3,411
Property Tax (~2.1% TX avg)−$1,094
Insurance (~0.5%)−$260
Est. Monthly Cash Flow $-1,765

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 26, 2026.

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