About This Home

Seeking handy person who is looking for a property to live in while they fix it up their way. Also good for investors who want to add value by fixing up and sell for a profit. This home is located just minutes to downtown, ABIA International Airport, IH-35, all kinds of shopping and entertainment. One story home with open floorplan, nice sized family room with fireplace and vaulted ceilings. Step save kitchen with update cabinets and counter tops, pantry and comes with gas range and refrigerator. Three bedrooms, two full bathrooms, two car garage, covered front porch, large covered back porch, nice lot and more. All for an affordable price of just $219,950.00!

At $166/sqft, this home is 58% 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

5507 Fence Row, Austin, TX 78744

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $219,950

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,325 sqft

Lot Size 0.14 acres (6,006.92 sqft)

Year Built 1983

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Williamson Creek Sec 01-A

County Travis

Zip Code 78744

$/sqft $166/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $5,903.65

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246384523

List Date September 12, 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.

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

5905 Hidden Valley Trl
Village At Pleasant Valley Sec $199,500 $176 3 bd / 2 ba 1,136 sqft , 2026-09-19

4801 Cabob St
South Highlands Amd $260,000 $199 3 bd / 2 ba 1,308 sqft , 2026-09-22

4600 Cedargrove Dr
Franklin Park Amd $275,000 $217 3 bd / 2 ba 1,265 sqft , 2026-06-04

4805 Crest Oak Rd
Williamson Creek Sec 01-A $279,000 $239 3 bd / 2 ba 1,169 sqft , 2026-08-08

4808 Brook Crest Rd
Williamson Creek Sec 01-A $280,000 $277 3 bd / 2 ba 1,012 sqft , 2026-09-01

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

$1,056/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

$43,990

20% conventional investment loan

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

Estimated Gross Rent+$1,056

Principal + Interest−$1,200

Property Tax (~2.1% TX avg)−$385

Insurance (~0.5%)−$92

Est. Monthly Cash Flow $-621

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 September 16, 2026.

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

5507 Fence Row

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

More Luxury Homes in Austin

Explore Austin Real Estate