Active Listing  ·  65 days on market

5508 Emma Thompson Way

Austin, TX 78747
$325,000
3 Bed 3 Bath 1,705 sqft $191/sqft Built 2011 0.23 acres 2-Car Garage Pool Bradshaw Crossing Sec 04

2-1 Interest Rate Buydown Available with Preferred Lender! Contact the listing agent for details.

Welcome to 5508 Emma Thompson—a beautifully maintained, move-in-ready home offering exceptional value in South Austin, with an expansive backyard that’s hard to find in nearby new construction. Situated approximately 15 minutes from downtown Austin and tucked on a half cul-de-sac, this home combines everyday convenience with reduced through traffic and a more private feel.

Inside, the thoughtfully designed floor plan features spacious living areas that flow seamlessly for daily living and entertaining. Generous square footage offers flexibility for a home office, guests, or simply room to spread out. Meticulously maintained, the home includes a new HVAC system installed in 2025 for added comfort and peace of mind.

Step outside to discover one of the home’s standout features: the huge backyard. With room to entertain, relax, garden, or create your ideal outdoor retreat, this oversized lot offers possibilities that many newer homes simply can’t match.

Community amenities include a clubhouse, pool, park, playground, and scenic walking and running trails. Zoned to Blazier Elementary School and conveniently located near Southpark Meadows, H-E-B, and local favorites including Gabriela’s South Austin and Ceviche Love, this home delivers a compelling combination of space, condition, location, and value.

At $191/sqft, this home is 51% 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

5508 Emma Thompson Way, Austin, TX 78747

Property Details

Price $325,000
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 $191/sqft
Days on Market ,
HOA $140/Quarterly
Annual Tax Est. $6,810.46
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246100234
List Date September 8, 2026
Elementary School Blazier
Middle School Paredes
High School Akins
School District Austin ISD

Austin ISD

Blazier · Paredes · Akins

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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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
5709 Zachary Scott St
Zachary Scott Sec 02
$325,000 $162 4 bd / 3 ba 2,009 sqft , 2025-12-05
5917 Bell Tower Ln
Bradshaw Xing Sub Sec 12
$325,000 $163 3 bd / 3 ba 1,992 sqft , 2026-09-01
8716 Whitter Dr #B
Goodnight Ranch
$322,000 $175 3 bd / 3 ba 1,840 sqft , 2026-08-21
8817 Whitter Dr #B
Goodnight Ranch
$321,000 $174 3 bd / 3 ba 1,844 sqft , 2026-06-04
6301 Andes Peak Trl
Vistas of Austin
$320,000 $213 3 bd / 2 ba 1,500 sqft , 2026-08-07

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
$1,560/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
$65,000
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,774
Property Tax (assumed ~2.1%)−$569
Insurance (assumed ~0.5%)−$135
Est. Monthly Cash Flow $-918

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 · 41 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. The written content was last updated on November 3, 2026.

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

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