About This Home

Welcome to 5406 S Hearsey Dr, a residence recently improved with a new roof, new flooring throughout the home, and fresh interior and exterior paint. The kitchen features all new stainless steel appliances. The primary bedroom includes a walk-in closet. Outside, a patio and a fenced backyard enhance the outdoor areas. This move-in ready property combines modern updates and everyday comfort.

At $169/sqft, this home is 57% 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

5406 S Hearsey Dr, Austin, TX 78744

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Property Details

Price $366,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths 1

Living Area 2,170 sqft

Lot Size 0.15 acres (6,477.37 sqft)

Year Built 2003

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision VIEWPOINT AT WILLIAMSON CREEK PHS I THE

County Travis

Zip Code 78744

$/sqft $169/sqft

Days on Market ,

HOA $230/Annually

Annual Tax Est. $8,275.11

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT228762044

List Date May 4, 2026

Elementary School Smith

Middle School Ojeda

High School Del Valle

School District ,

Have Questions About This Property?

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 · May 4, 2026 $385,000

Previous ask $379,000

Current ask $366,000

▼ Reduced $19,000 (-4.9%) 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

12023 Sagrada St
Creekside at Estancia $366,878 $206 3 bd / 3 ba 1,780 sqft , 2025-08-27

8922 Menchaca Rd #906
Haven $365,000 $189 3 bd / 3 ba 1,930 sqft , 2025-08-14

5904 Rotunda Vw
Goodnight Ranch $365,000 $218 3 bd / 3 ba 1,672 sqft , 2025-11-19

10001 Woodglen Dr
Windsor Hills Sec 05 $365,000 $218 3 bd / 2 ba 1,677 sqft , 2026-04-12

6705 Covered Bridge Dr #24
Gardens At Covered Bridge Condo $365,000 $244 2 bd / 2 ba 1,497 sqft , 2026-04-01

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

$1,757/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

$73,200

20% conventional investment loan

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

Estimated Gross Rent+$1,757

Principal + Interest−$1,997

Property Tax (~2.1% TX avg)−$641

Insurance (~0.5%)−$153

Est. Monthly Cash Flow $-1,034

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

5406 S Hearsey Dr