About This Home

MLS# 9119042 - Built by Century Communities - Nov 2026 completion! ~ The charming Cedar plan offers four roomy bedrooms, including a primary suite with a private bath and a walk-in closet. An open-concept layout is adjacent, showcasing a sunny great room, a dining area, and an impressive kitchen with a center island and built-in pantry. Also includes second bath, front porch, covered patio, and 2-bay garage.

At $246/sqft, this home is 37% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5609 Koshoa Dr, Austin, TX 78754

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Property Details

Price $390,135

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,587 sqft

Lot Size 0.11 acres (4,996.33 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Evelyn

County Travis

Zip Code 78754

$/sqft $246/sqft

Days on Market ,

HOA $225/Quarterly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT243861030

List Date August 18, 2026

Elementary School Bluebonnet Trail

Middle School Decker

High School Manor

School District ,

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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

10906 Mystic Timber Dr
Evelyn $391,990 $228 3 bd / 2 ba 1,723 sqft , 2026-07-23

4709 Native Pearl None
Evelyn $394,990 $230 3 bd / 2 ba 1,716 sqft , 2026-07-23

10841 Tallsalt Dr
Evelyn $395,990 $250 4 bd / 2 ba 1,587 sqft , 2026-06-15

10925 Tallsalt Dr
Evelyn $399,990 $222 3 bd / 3 ba 1,805 sqft , 2026-06-01

4702 Native Pearl None
Evelyn $399,990 $217 3 bd / 2 ba 1,841 sqft , 2026-06-26

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

$1,873/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

$78,027

20% conventional investment loan

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

Estimated Gross Rent+$1,873

Principal + Interest−$2,129

Property Tax (~2.1% TX avg)−$683

Insurance (~0.5%)−$163

Est. Monthly Cash Flow $-1,102

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

About the Author

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 August 19, 2026.

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

5609 Koshoa Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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