Active Listing  ·  6 days on market

5605 Sunshine Dr #8

Austin, TX 78756
$599,000
2 Bed 3 Bath 1,584 sqft $378/sqft Built 2019 0.70 acres 2-Car Garage Pool SOL ON SUNSHINE CONDOMINIUMS

Discover the perfect blend of privacy, convenience, and effortless living in the heart of Central Austin's sought-after Brentwood neighborhood. Set back from the street in a quiet, tucked-away setting, this home offers a welcome retreat while keeping you connected to some of Austin's most popular destinations. A separate office on the main level provides a dedicated space for working from home, while the surrounding neighborhood offers tree-lined streets, local coffee shops, and an incredible variety of dining and entertainment options along nearby Burnet Road. With The Triangle, The Grove, and The Domain all just a short drive away, everything from casual neighborhood favorites to upscale shopping and dining is within easy reach. Best of all, the association handles lawn maintenance, trash, and recycling, giving you more time to enjoy the lifestyle that makes Central Austin so desirable.

At $378/sqft, this home is 3% 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 Sunshine Dr #8, Austin, TX 78756

Property Details

Price $599,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,584 sqft
Lot Size 0.70 acres (30,622.68 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision SOL ON SUNSHINE CONDOMINIUMS
County Travis
Zip Code 78756
$/sqft $378/sqft
Days on Market ,
HOA $225/Monthly
Annual Tax Est. $12,342.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251941313
List Date November 6, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
School District Austin ISD

Austin ISD

Brentwood · Lamar (Austin ISD) · McCallum

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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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
1106 Arcadia Ave
West View Heights
$600,000 $582 2 bd / 2 ba 1,031 sqft , 2026-05-14
512 W Croslin St
Silverton Heights Sec 02
$590,000 $392 3 bd / 2 ba 1,505 sqft , 2026-10-28
1905 Alguno Rd
Burnet Heights
$589,000 $526 2 bd / 1 ba 1,119 sqft , 2026-11-09
1716 Karen Ave
Brentwood Terrace
$579,900 $423 3 bd / 1 ba 1,370 sqft , 2026-08-07
5218 Woodrow Ave
North Loop Terrace
$625,000 $479 3 bd / 2 ba 1,306 sqft , 2026-09-23

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 9, 2026.

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

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