Active Listing  ·  65 days on market

5405 Rusk Ct

Austin, TX 78723
$389,900
3 Bed 2 Bath 1,224 sqft $319/sqft Built 2007 0.19 acres 2-Car Garage Pool Senate Hills Sec 01

Welcome to this beautifully updated home tucked away in highly sought-after 78723! This carpet-free home perfectly blends energy efficiency, modern comfort, and flexible living spaces. Equipped with solar panels that help reduce utility costs and provide long-term savings, this move-in-ready property has been thoughtfully improved throughout. Pre-inspected home and approved Siurvey! The remodeled kitchen (2023) serves as the heart of the home, featuring updated appliances, under-cabinet lighting, updated flooring, and fresh interior paint that create a bright and inviting atmosphere. Major system upgrades provide peace of mind, including a new roof (2024), HVAC system replacement (2023), water heater heating element replacement (2022), improved attic insulation, and professionally serviced windows (2025). Outside, you'll appreciate the freshly painted and sealed exterior (2026) and newly installed fence (2026), enhancing both curb appeal and privacy. A standout feature is the versatile garage conversion, complete with its own mini-split heating and cooling system. Sound-insulated and successfully used for band practice for more than 17 years, this flexible space offers endless possibilities as a home gym, media room, art or craft studio, home office, playroom, or could even be converted back to a traditional garage if desired.

At $319/sqft, this home is 19% 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

5405 Rusk Ct, Austin, TX 78723

Property Details

Price $389,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,224 sqft
Lot Size 0.19 acres (8,346.1 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Senate Hills Sec 01
County Travis
Zip Code 78723
$/sqft $319/sqft
Days on Market ,
HOA $184/Annually
Annual Tax Est. $5,911.82
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236685808
List Date June 18, 2026
Elementary School Pecan Springs
Middle School Bertha Sadler Means
High School Northeast 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 →

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 · June 18, 2026 $399,000
Current ask $389,900
Reduced $9,100 (-2.3%) 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
4913 Single Shot #B Cir
Fort View Hills Sec 01
$389,900 $321 2 bd / 3 ba 1,215 sqft , 2026-01-14
4906 Eastdale Dr E
Springdale Hills
$390,000 $273 3 bd / 2 ba 1,430 sqft , 2026-06-26
6400 Craigwood Cir
Craigwood Sec 01
$389,000 $251 3 bd / 2 ba 1,547 sqft , 2026-07-08
4508 Craigwood Dr
Craigwood
$395,000 $283 3 bd / 2 ba 1,394 sqft , 2026-07-29
5710 Boulder Crk
Las Cimas Sec 02
$397,500 $357 3 bd / 2 ba 1,112 sqft , 2026-07-22

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
$1,872/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
$77,980
20% conventional investment loan

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

Estimated Gross Rent+$1,872
Principal + Interest−$2,128
Property Tax (~2.1% TX avg)−$682
Insurance (~0.5%)−$162
Est. Monthly Cash Flow $-1,100

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 August 13, 2026.

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