Active Listing  ·  156 days on market

5405 Prock Ln

Austin, TX 78721
$950,000
5 Bed 2 Bath 2,588 sqft $367/sqft Built 1935 0.46 acres Pool Moore D C

Rare opportunity to own a prime large lot in East Austin (0.464 AC per TCAD). Many recently constructed homes surround this home which enchants the desirability of this property. Build your home or build an investment property in a highly desirable area. The property at 5405 Prock Lane is zone SF-3 NP zoning district and consists of 3 platted lots. You can now build 3 units or more on each platted lot based on the City of Austin voting to increase housing units on a single family zoned property, thus increasing the housing units is a definite plus. It definitely increases the many building possibilities on this property. Buyer to verify information with COA. Unique features of the property include beautiful pecans trees that provide shade and pecans you can snack on when in season. Property is close to amazing developments in East Austin such as Springdale General and Springdale Green (30.18 -Acre lot with 800,000 SF Office/ Retail Complex. This property is walking distance to Red Bluff Nature Preserve, Springdale Neighbor Park and Govalle Park. Parents can enjoy walking their children to Ortega Elementary. This property is minutes to Downtown Austin, 10 minutes to UT Austin, and only 15 minutes to Tesla Gigafactory in East Austin!!! Easy access to 183, and Austin Airport. This unique location offers a sanctuary from the city within the city.

At $367/sqft, this home is 6% 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 Prock Ln, Austin, TX 78721

Property Details

Price $950,000
Status Active Listing
Beds 5
Full Baths 2
Half Baths ,
Living Area 2,588 sqft
Lot Size 0.46 acres (20,211.84 sqft)
Year Built 1935
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Moore D C
County Travis
Zip Code 78721
$/sqft $367/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT220975292
List Date March 1, 2026
Elementary School Ortega
Middle School Martin
High School Eastside Early College
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
7207 Mesa Dr
Highland Hills Northwest Sec 1
$950,000 $356 4 bd / 2 ba 2,672 sqft , 2026-02-25
9803 Ribelin Ranch Ct #19
VUE at 2222
$950,000 $399 4 bd / 4 ba 2,378 sqft , 2026-06-12
12212 Waterton Parke Cir
Grandview Hills Parke sec 5
$950,000 $293 4 bd / 4 ba 3,242 sqft , 2026-07-02
2006 Kit Cir
Foxfield
$949,999 $331 4 bd / 4 ba 2,869 sqft , 2026-04-10
8008 Ladera Verde Dr
Alta Mira Sec 1 At Circle C Ra
$949,900 $304 4 bd / 3 ba 3,124 sqft , 2026-07-23

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
$4,560/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
$190,000
20% conventional investment loan

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

Estimated Gross Rent+$4,560
Principal + Interest−$5,185
Property Tax (~2.1% TX avg)−$1,663
Insurance (~0.5%)−$396
Est. Monthly Cash Flow $-2,684

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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