Active Listing  ·  36 days on market

5600 Ledesma Rd

Austin, TX 78721
$749,000
4 Bed 3 Bath 1,735 sqft $432/sqft Built 1973 0.18 acres Pool Sunnyvale East

Open House 9/5 10 AM to 11:30 AM!

This one-of-a-kind property features a 3-bedroom, 2-bath main house and a 531-square-foot guest house. The guest house is currently producing high rental income; the tenant is month-to-month, giving the next owner flexibility to continue leasing, if desired. Situated on a serene 0.18-acre lot shaded by mature trees, the property is enhanced by an 8-foot cedar privacy fence and a custom wood automatic gate.

Inside, the floor plan features laminate wood flooring illuminated by recessed lighting. The kitchen is equipped with stone countertops, a Saltillo tile backsplash, and a breakfast bar. Stainless steel appliances include a gas stove and a French-door refrigerator with an RO system supporting the fridge.

Additional interior highlights include a ductless heating/cooling system with 4 separate mini-splits. From the primary bedroom, a large sliding door frames beautiful views of the greenbelt canopy and opens directly to the backyard. The primary bathroom features a walk-in shower with two shower heads, a custom wood cabinet, and a concrete sink from Europe. The heated toilet with bidet adds a thoughtful touch.

The exterior offers a private backyard with multiple outdoor living areas, including a deck and a stone courtyard. The terraced yard features an above-ground spa, and a stock tank pool for cooling off in the Texas summer. An eco-friendly mosquito system is also in place.

Recently remodeled, the property features a new metal roof on the main house and guest house, along with new siding on both structures.

At the end of Ledesma, a greenbelt offers hiking trails, including a walk with a magnificent view of downtown Austin. It is an ideal place to take in the sunset. Enjoy walking to a coffee shop and some of the best barbecue in Austin, while being just a short drive from East Austin’s acclaimed restaurant scene.

Contact me for a private showing!

At $432/sqft, this home is priced 10% 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

5600 Ledesma Rd, Austin, TX 78721

Property Details

Price $749,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 1,735 sqft
Lot Size 0.18 acres (7,797.24 sqft)
Year Built 1973
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Sunnyvale East
County Travis
Zip Code 78721
$/sqft $432/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,122.89
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244582448
List Date September 2, 2026
Elementary School Ortega
Middle School Martin
High School Eastside Early College
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
5607 Tura Ln #2
Hobbs Add
$750,000 $419 3 bd / 4 ba 1,791 sqft , 2026-06-02
3923 E 16th St #A
Flournoy Hts Sec 3
$699,000 $426 3 bd / 3 ba 1,639 sqft , 2026-05-29
1410 Perez St #2
Chernosky 09
$699,000 $452 3 bd / 3 ba 1,548 sqft , 2026-09-29
1410 Perez St #1
Chernosky 09
$799,000 $426 3 bd / 3 ba 1,874 sqft , 2026-09-29
4609 Sara Dr #B
Jc Tannehill League
$650,000 $324 3 bd / 3 ba 2,005 sqft , 2026-06-12

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
$3,595/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
$149,800
20% conventional investment loan

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

Estimated Gross Rent+$3,595
Principal + Interest−$4,088
Property Tax (~2.1% TX avg)−$1,311
Insurance (~0.5%)−$312
Est. Monthly Cash Flow $-2,116

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 →
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 5, 2026.

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