Active Listing  ·  77 days on market

5503 New Haven Ct

Austin, TX 78756
$2,585,000
6 Bed 5 Bath 4,264 sqft $606/sqft Built 2001 0.31 acres 2-Car Garage Pool Shoalmont Add Sec 04

Beautifully updated and thoughtfully designed, this exceptional home offers the perfect blend of luxury, comfort, and functionality in a prime location just minutes from downtown and zoned to highly acclaimed schools. With five bedrooms, five full bathrooms, a dedicated home office, a private guest house, and an expansive, light-filled floor plan, this home is perfectly suited for both everyday living and effortless entertaining. At the heart of the home, the chef's kitchen features generous workspace, quality finishes, and a seamless flow into the spacious living and dining areas. The oversized primary suite offers a peaceful retreat, while walls of windows throughout the home fill every room with an abundance of natural light. Step outside to your own private backyard oasis, thoughtfully designed for year-round enjoyment. The resort-style outdoor living space includes a sparkling in-ground pool, relaxing hot tub, covered patio, and an outdoor grilling area, ideal for hosting gatherings or enjoying quiet evenings at home. A true highlight of the property is the detached guest suite, complete with its own private entrance, full bathroom, and terrace overlooking the pool. Whether used as a guest house, game room, media room, private office, or multigenerational living space, it offers exceptional flexibility to fit your lifestyle. Combining timeless updates, generous living spaces, and an outstanding outdoor retreat, this is a rare opportunity to own a truly special home in one of the area's most desirable and convenient locations.

At $606/sqft, this home is priced 55% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5503 New Haven Ct, Austin, TX 78756

Property Details

Price $2,585,000
Status Active Listing
Beds 6
Full Baths 5
Half Baths ,
Living Area 4,264 sqft
Lot Size 0.31 acres (13,329.36 sqft)
Year Built 2001
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shoalmont Add Sec 04
County Travis
Zip Code 78756
$/sqft $606/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $32,852.91
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236499587
List Date July 7, 2026
Elementary School Gullett
Middle School Lamar (Austin ISD)
High School McCallum
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 · July 7, 2026 $2,622,360
Current ask $2,585,000
Reduced $37,360 (-1.4%) 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
4801 W Frances Pl
Highland Village Sec 02 Pt 01
$2,399,990 $660 5 bd / 4 ba 3,638 sqft , 2026-09-04
3610 Hillbrook Dr
Highland Hills Sec 06 Ph 02A
$2,249,000 $632 5 bd / 4 ba 3,557 sqft , 2026-09-11
6411 Cary Dr
Treadwell Add Sec 01
$2,950,000 $738 5 bd / 5 ba 3,999 sqft , 2026-08-13
5403 Ridge Oak Dr
Highland Park West Sec 02
$3,175,000 $752 6 bd / 4 ba 4,224 sqft , 2026-06-19
2112 Lawnmont Ave
Shoalmont Add Resub
$1,750,000 $601 5 bd / 5 ba 2,910 sqft , 2025-12-26

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
$12,408/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
$517,000
20% conventional investment loan

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

Estimated Gross Rent+$12,408
Principal + Interest−$14,107
Property Tax (~2.1% TX avg)−$4,524
Insurance (~0.5%)−$1,077
Est. Monthly Cash Flow $-7,300

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 16, 2026.

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