Active Listing  ·  215 days on market

5604 Chadwyck Dr

Austin, TX 78723
$609,995
5 Bed 3 Bath 2,097 sqft $291/sqft Built 1967 0.53 acres 2-Car Garage Pool Preswyck Hills Sec 05

Situated on over half an acre the wide front lawn, mature trees, and classic charm immediately set the tone. This home feels welcoming before you even step inside. Once through the front door, you’re greeted by light-filled spaces, clean modern finishes, and a layout that simply makes sense.

Updated vinyl plank flooring flows throughout the home, creating a cohesive, move-in-ready feel that’s both stylish and durable. The open living areas invite gathering, while the kitchen connects effortlessly to the heart of the home, perfect for everyday living and entertaining alike.

With five spacious bedrooms and three full baths, there’s room for everyone and everything. The primary suite is a true retreat, featuring private access to a covered patio, an ideal spot for morning coffee or winding down in the evenings. Step outside to the brand new backyard deck and take in the peaceful setting. The backyard offers plenty of space and endless possibilities.

A metal roof adds long-term value and peace of mind, while modern updates throughout mean you can settle in and start enjoying right away. This is the kind of home that feels easy, comfortable, and ready for its next chapter. The Preferred Lender on this property is Randy Atkinson at Synergy One Lending. The Buyer will receive 1% Lender Credit (based off of the loan amount) when obtaining financing through Randy Atkinson at Synergy One Lending.

At $291/sqft, this home is 26% 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

5604 Chadwyck Dr, Austin, TX 78723

Property Details

Price $609,995
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,097 sqft
Lot Size 0.53 acres (23,043.24 sqft)
Year Built 1967
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Preswyck Hills Sec 05
County Travis
Zip Code 78723
$/sqft $291/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,948.1
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216653980
List Date January 20, 2026
Elementary School Pecan Springs
Middle School Pearce Middle
High School McCallum
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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · January 20, 2026 $624,995
Current ask $609,995
Reduced $15,000 (-2.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
5002 E Pecan Springs Rd #7
Lofts at St Stephens Condos
$599,900 $274 4 bd / 4 ba 2,191 sqft , 2026-05-08
5907 Thames Dr
Royal Oak Estates Sec 07
$569,999 $248 4 bd / 3 ba 2,303 sqft , 2026-07-14
5210 Gladstone Dr
Windsor Park Hills Sec 06
$685,000 $358 4 bd / 3 ba 1,912 sqft , 2026-07-08
6205 Hylawn Dr
Cherrylawn Sec 5
$525,000 $265 4 bd / 3 ba 1,984 sqft , 2026-03-24
2600 Rogge Ln
Royal Oak Estates Sec 02
$695,000 $251 5 bd / 3 ba 2,770 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
$2,928/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
$121,999
20% conventional investment loan

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

Estimated Gross Rent+$2,928
Principal + Interest−$3,329
Property Tax (~2.1% TX avg)−$1,067
Insurance (~0.5%)−$254
Est. Monthly Cash Flow $-1,722

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 · 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 August 7, 2026.

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