Active Listing  ·  285 days on market

5605 Overbrook Dr

Austin, TX 78723
$450,000
3 Bed 2 Bath 1,367 sqft $329/sqft Built 1955 0.21 acres Pool Manor Hills Sec 03

Welcome to Your Dream Home at 5605 Overbrook Drive, Austin, TX 78723 This newly renovated gem in the desirable Manor Hills neighborhood is a perfect blend of modern luxury and timeless charm. Boasting a spacious 13-foot vaulted ceiling, this home offers an open and airy layout featuring three bedrooms, two bathrooms, and a versatile laundry room/butler’s pantry. The master suite is a true retreat, complete with a custom walk-in closet and a spa-like curbless shower with a quartz bench, dimmable LED mirror, and matte black finishes. The open living and dining areas are highlighted by industrial-inspired exposed spiral air ducts, creating a contemporary yet cozy atmosphere. A unique brick accent wall adds character to one of the bedrooms. The kitchen is a chef’s dream, featuring solid maple wood cabinets, quartz countertops, a sleek tiled backsplash, and LG ThinQ smart appliances. Floating maple wood shelves and a thoughtfully designed butler’s pantry provide additional storage and functionality. No detail has been overlooked in this extensive renovation, which includes: A brand-new electrical system, plumbing, and Rheem HVAC system for modern comfort and efficiency. Energy-efficient Ply Gem windows and updated insulation for year-round comfort. Durable and stylish MSI Prescott Sandino waterproof flooring throughout. The exterior is equally impressive, with a 20’x12’ carport, a newly refinished 25’x16’ concrete patio, and a gated two-sided entry for privacy and convenience. The home’s fresh exterior paint, modern fiberglass front door, and tongue-and-groove pine paneling create a welcoming curb appeal. A Tuff Shed offers additional storage, while the spacious outdoor areas are perfect for entertaining. Located just minutes from Austin’s vibrant attractions, this stunning home is move-in ready and waiting for you. Don’t miss the opportunity to make it yours!

At $329/sqft, this home is 16% 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

5605 Overbrook Dr, Austin, TX 78723

Property Details

Price $450,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,367 sqft
Lot Size 0.21 acres (9,256.5 sqft)
Year Built 1955
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Manor Hills Sec 03
County Travis
Zip Code 78723
$/sqft $329/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,472.5
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT209868181
List Date October 23, 2025
Elementary School Pecan Springs
Middle School Martin
High School Northeast 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
7900 Clydesdale Dr
Southampton Sec 3-a
$450,000 $365 3 bd / 2 ba 1,234 sqft , 2025-11-08
504 Heartwood Dr
Community Fairview Sec 02
$450,000 $331 3 bd / 2 ba 1,358 sqft , 2026-03-19
15001 Dexler Dr
Cardinal Hills Estates Unit 12
$450,000 $388 3 bd / 2 ba 1,161 sqft , 2026-01-13
5500 Toscana Ave
Agave
$450,000 $284 3 bd / 3 ba 1,583 sqft , 2026-03-30
1301 Webberville Rd #2
1301 Webberville Road Condos
$450,000 $322 2 bd / 3 ba 1,399 sqft , 2026-05-06

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
$2,160/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
$90,000
20% conventional investment loan

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

Estimated Gross Rent+$2,160
Principal + Interest−$2,456
Property Tax (~2.1% TX avg)−$788
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,272

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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