Active Listing  ·  77 days on market

5508 Emma Thompson Way

Austin, TX 78747
$340,000
3 Bed 3 Bath 1,705 sqft $199/sqft Built 2011 0.23 acres 2-Car Garage Pool Bradshaw Crossing Sec 04

Welcome to 5508 Emma Thompson — a beautifully maintained home offering the perfect blend of space, location, and lifestyle, with an expansive backyard that sets it apart from many homes in the area.

Ideally situated just 15 minutes from downtown Austin, this home combines everyday convenience with a peaceful neighborhood setting while offering exceptional value for its prime location. Tucked on a half cul-de-sac, you’ll enjoy reduced traffic and a more private feel, perfect for relaxing evenings and enjoying the neighborhood setting.

Inside, the thoughtfully designed floor plan features spacious living areas that flow seamlessly for both daily living and entertaining. Meticulously maintained and truly move-in ready, the home includes a new HVAC system installed in 2025, offering added comfort and peace of mind. Generous square footage provides the flexibility today’s buyers are looking for, with room for a home office, guests, or simply space to spread out.

Step outside and discover one of the home’s most compelling features — the expansive backyard. Offering more outdoor space than many nearby newer construction homes, this over sized lot provides endless possibilities to entertain, relax, garden, or create the outdoor retreat you’ve envisioned.

Located in a welcoming community with fantastic amenities, residents enjoy access to a clubhouse, community pool, park, playground, and scenic walking and running trails. Zoned to Blazier Elementary School, and just minutes from everyday conveniences like Southpark Meadows, H-E-B, and local favorites including Gabriela's South Austin, Ceviche Love, plus shopping and entertainment at Southpark Meadows, this home offers the ideal combination of convenience, comfort, and lifestyle.

This is a rare opportunity to own a home that truly checks all the boxes — location, lot size, condition, and value.

At $199/sqft, this home is 49% 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

5508 Emma Thompson Way, Austin, TX 78747

Property Details

Price $340,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,705 sqft
Lot Size 0.23 acres (10,023.16 sqft)
Year Built 2011
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Bradshaw Crossing Sec 04
County Travis
Zip Code 78747
$/sqft $199/sqft
Days on Market ,
HOA $140/Quarterly
Annual Tax Est. $6,698.41
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227772654
List Date May 19, 2026
Elementary School Blazier
Middle School Paredes
High School Akins
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 →

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
6302 Thurgood Ave
Johnston Terrace Sec 02
$340,000 $269 3 bd / 1 ba 1,262 sqft , 2026-02-03
5913-B Charles Merle Dr #16
GOODNIGHT RANCH CONDOMINIUMS
$340,000 $185 3 bd / 3 ba 1,840 sqft , 2026-04-20
808 Minturn Ln
Buckingham Estates Ph 04 Sec B
$340,000 $279 3 bd / 2 ba 1,219 sqft , 2026-03-06
9201 Brodie Ln #403
Brodie Heights Condo Amd
$340,000 $202 3 bd / 3 ba 1,687 sqft , 2026-06-26
5624 Colinton Ave
Edinburgh Gardens
$339,999 $163 4 bd / 3 ba 2,088 sqft , 2026-02-05

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
$1,632/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
$68,000
20% conventional investment loan

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

Estimated Gross Rent+$1,632
Principal + Interest−$1,856
Property Tax (~2.1% TX avg)−$595
Insurance (~0.5%)−$142
Est. Monthly Cash Flow $-961

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →