Active Listing  ·  6 days on market

5605 Exeter Dr

Austin, TX 78723
$599,000
3 Bed 2 Bath 2,068 sqft $290/sqft Built 1960 0.20 acres 2-Car Garage Pool Royal Oak Estates Sec 01

Step into effortless living in this charming Windsor Park gem! Thoughtfully updated over the past five years, this charming home blends timeless character with modern comfort and style. Fresh interior paint and new carpet create a bright, refreshed feel throughout, making this home truly move-in ready.

Inside, the versatile floor plan offers three spacious bedrooms, a dedicated fourth room ideal for a home office or flex space, providing plenty of room to relax, entertain, and spread out. At the heart of the home, the beautifully renovated kitchen shines with updated appliances and stylish finishes. The serene main-level primary retreat offers comfort and convenience, while the additional living space provides endless possibilities for movie nights, a playroom, or hosting guests upstairs.

The classic four-sided brick exterior adds timeless curb appeal, while the expansive, level backyard offers a park-like setting with endless opportunities for gardening, outdoor entertaining, and play.

Ideally situated in the heart of Windsor Park, this home puts the best of East Austin right at your fingertips! Just minutes from Mueller's vibrant shops, restaurants, scenic trails, and beloved Sunday Farmers' Market, you'll enjoy an unbeatable combination of neighborhood charm and convenience. Spend weekends golfing at Morris Williams, grabbing kolaches at Batch, or enjoying brunch on the patio at Hank's. With thoughtful updates, flexible living spaces, and an incredible location, this Windsor Park home is ready to welcome you home!

At $290/sqft, this home is 26% 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

5605 Exeter Dr, Austin, TX 78723

Property Details

Price $599,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,068 sqft
Lot Size 0.20 acres (8,755.56 sqft)
Year Built 1960
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Royal Oak Estates Sec 01
County Travis
Zip Code 78723
$/sqft $290/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,085.65
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251620723
List Date November 6, 2026
Elementary School Blanton
Middle School Bertha Sadler Means
High School Northeast Early College
School District Austin ISD

Austin ISD

Blanton · Bertha Sadler Means · Northeast Early College

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 · November 6, 2026 $620,000
Current ask $599,000
▼ Reduced $21,000 (-3.4%) 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
2703 Wheless Ln
Thomas Eldridge
$599,000 $426 3 bd / 1 ba 1,406 sqft , 2026-06-15
5817 Sutherlin Rd
Enclave at Sutherlin
$579,900 $314 3 bd / 3 ba 1,847 sqft , 2026-10-21
6414 Kenilworth Dr
Windsor Park 02 Sec 01
$575,000 $312 4 bd / 3 ba 1,843 sqft , 2026-10-02
5006 Pecan Springs Rd #7
Lofts/St Stephens Condos
$569,000 $260 3 bd / 4 ba 2,191 sqft , 2026-10-02
6805 Tulane Dr
University Hills Sec 03 Ph 01
$630,000 $384 4 bd / 2 ba 1,639 sqft , 2026-06-17

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
$2,875/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
$119,800
20% conventional investment loan

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

Estimated Gross Rent+$2,875
Principal + Interest−$3,269
Property Tax (assumed ~2.1%)−$1,048
Insurance (assumed ~0.5%)−$250
Est. Monthly Cash Flow $-1,692

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 11, 2026.

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

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