About This Home

This charming single-level home in the heart of thriving East Austin, offers may possibilities. This 4-bedroom, 2-bath residence features a formal living and dining area, and a spacious backyard ideal for entertaining or relaxing. This home has great potential! Located in a transitional neighborhood, this property offers versatility for owner-occupants and investors alike. A rare find with multiple opportunities for homestead, long or short-term investment.

At $200/sqft, this home is 49% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5507 Burgundy Dr, Austin, TX 78724

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Property Details

Price $285,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,428 sqft

Lot Size 0.15 acres (6,542.71 sqft)

Year Built 1980

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Northridge Park Sec 01

County Travis

Zip Code 78724

$/sqft $200/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $5,089

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT204174212

List Date August 8, 2025

Elementary School Jordan

Middle School Dobie (Austin ISD)

High School Lyndon B Johnson (Austin ISD)

School District ,

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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

4408 Lendall Ln
Silverstone Ph 02 Sec 02 $285,000 $235 3 bd / 2 ba 1,211 sqft , 2026-04-27

201 W 31st St #B
Fruth Add $285,000 $296 3 bd / 1 ba 964 sqft , 2026-06-30

5901 Berriweather Dr
Tiermo $285,000 $154 4 bd / 3 ba 1,846 sqft , 2026-07-03

2006 Rountree Dr
Pannell Place $285,000 $250 3 bd / 1 ba 1,139 sqft , 2026-07-25

5712 Xene Dr
Gilbert Lane $285,000 $195 3 bd / 2 ba 1,464 sqft , 2026-07-31

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

$1,368/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

$57,000

20% conventional investment loan

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

Estimated Gross Rent+$1,368

Principal + Interest−$1,555

Property Tax (~2.1% TX avg)−$499

Insurance (~0.5%)−$119

Est. Monthly Cash Flow $-805

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

About the Author

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 July 16, 2026.

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

5507 Burgundy Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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