Active Listing  ·  28 days on market

5607 Berkman Dr

Austin, TX 78723
$539,000
3 Bed 2 Bath 1,334 sqft $404/sqft Built 1960 0.27 acres 2-Car Garage Pool Delwood 04 East Sec 02

Nearly $100K in recent upgrades means the big-ticket items are already done: a brand-new roof, all-new plumbing, fully updated 200-amp electrical panel (plus EV charger!), and a newly poured driveway--all covered under warranty. Add a beautifully remodeled kitchen and primary bath, fresh interior and exterior paint, recent appliances that all convey, and a complete smart home setup (climate, security, remote garage, and front door access), and this immaculate 3/2 is move-in ready from day one. Imagine living carefree and car-free, with access to all Windsor Park and Mueller have to offer and the ease of maintenance you'd find in an apartment. It's the kind of centrally located, walkable lifestyle that's increasingly rare, wrapped around a home that's just as turnkey as the location suggests. Outside, the shaded, fenced quarter-plus-acre lot offers something else that's hard to find nearby: real privacy, with no neighbors on two sides, plus mature trees and low-maintenance native and xeriscape landscaping with underground irrigation, so you can spend your time enjoying true Austin living instead of maintaining a lawn. The rare two-car garage features a spacious laundry room and secure storage, rounding out a home that lets you live large in a walkable, urban oasis.

At $404/sqft, this home is priced 3% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5607 Berkman Dr, Austin, TX 78723

Property Details

Price $539,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,334 sqft
Lot Size 0.27 acres (11,870.1 sqft)
Year Built 1960
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Delwood 04 East Sec 02
County Travis
Zip Code 78723
$/sqft $404/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,503.52
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246221613
List Date September 10, 2026
Elementary School Blanton
Middle School Bertha Sadler Means
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.

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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 · September 10, 2026 $539,000
Previous ask $565,000
Current ask $539,000
▲ Increased , (+0.0%) 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
1701 Simond Ave #304
Parkside/Mueller Condos
$540,000 $465 2 bd / 2 ba 1,162 sqft , 2026-04-23
1701 Simond Ave #407
Parkside/Mueller Condos
$535,000 $460 2 bd / 2 ba 1,162 sqft , 2026-09-17
1609 Larkwood Dr
Delwood 04 Sec B
$545,000 $446 3 bd / 1 ba 1,222 sqft , 2026-07-11
1308 BROADMOOR Dr
WINDSOR PARK SEC 4A
$549,000 $400 3 bd / 2 ba 1,372 sqft , 2026-05-04
1701 Simond Ave #206
Parkside/Mueller Condos
$499,000 $429 2 bd / 2 ba 1,162 sqft , 2025-10-03

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
$2,587/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
$107,800
20% conventional investment loan

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

Estimated Gross Rent+$2,587
Principal + Interest−$2,942
Property Tax (~2.1% TX avg)−$943
Insurance (~0.5%)−$225
Est. Monthly Cash Flow $-1,523

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 October 3, 2026.

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