Active Listing  ·  32 days on market

5605 CREEK MOUNTAIN None

Austin, TX 78731
$3,995,000
5 Bed 7 Bath 5,624 sqft $710/sqft Built 2020 0.87 acres 2-Car Garage Pool Stoneledge 01

The Visionary was created for the way Austin is meant to be lived, open to the outdoors, surrounded by green space, and close to the center of the city. Set on nearly an acre just off Mount Bonnell, this 5,624 square foot residence backs to protected green space along Brightleaf Preserve, offering remarkable privacy minutes from downtown and Lake Austin.

Warm, modern interiors feature wood ceilings, hardwood floors, exposed brick, oak cabinetry, richly veined quartzite, and expansive windows. The main level includes a quartzite clad kitchen with Thermador appliances, generous living and entertaining spaces, a four seasons room, fully equipped bar, and primary suite with direct access to the pool and spa. The primary bath features an oversized shower overlooking a private courtyard, expansive walk in closet, and private outdoor shower.

The lower level functions almost as a second residence with three bedrooms, three full baths, kitchenette, spacious living area, and two offices or flex rooms with built ins. A separate garage apartment includes a full bath, living area, loft, and vaulted ceiling. An elevator connects the home’s levels.

Outside, a pool and spa span two levels with covered entertaining spaces, a pool bath, outdoor shower, fully turfed lower lawn, and private sport court.

Architectural plans convey for a proposed 1,805 square foot expansion with an additional garage, private gym, dedicated office, carport, and car lift. Tesla solar roof, two Powerwalls, rainwater collection, and ample parking complete the property. Zoned to Highland Park Elementary, Lamar Middle School, and McCallum High School.

At $710/sqft, this home is priced 81% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5605 CREEK MOUNTAIN None, Austin, TX 78731

Property Details

Price $3,995,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 2
Living Area 5,624 sqft
Lot Size 0.87 acres (37,766.52 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stoneledge 01
County Travis
Zip Code 78731
$/sqft $710/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $32,953
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244096246
List Date August 21, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
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.

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
3805 Rockledge Dr
T J Chambers 8 League Grant
$3,450,000 $793 6 bd / 6 ba 4,350 sqft , 2026-07-07
5403 Ridge Oak Dr
Highland Park West Sec 02
$3,175,000 $752 6 bd / 4 ba 4,224 sqft , 2026-06-19
5307 Tortuga Trl
Mount Bonnell Shores
$4,850,000 $1,257 4 bd / 6 ba 3,858 sqft , 2026-07-15
4514 Spanish Oak Trl
Balcones Park 01
$4,995,000 $1,000 5 bd / 4 ba 4,993 sqft , 2026-09-09
4905 Crestway Dr
Highland Park West
$2,900,000 $689 4 bd / 4 ba 4,206 sqft , 2026-08-18

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
$19,176/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
$799,000
20% conventional investment loan

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

Estimated Gross Rent+$19,176
Principal + Interest−$21,802
Property Tax (~2.1% TX avg)−$6,991
Insurance (~0.5%)−$1,665
Est. Monthly Cash Flow $-11,282

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 September 16, 2026.

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