Active Listing  ·  123 days on market

5613 Charles Merle Dr #A

Austin, TX 78747
$334,000
3 Bed 3 Bath 1,848 sqft $181/sqft Built 2019 0.10 acres 2-Car Garage Pool Goodnight Ranch

WOW - Huge Price Reduction - Client says SELL NOW! $334,000. This one is Beautiful, and the best value you will find, Don't let Days on Market Fool you! Hardwood Floors / Unbeatable View / Solar + EV Charger / More! Loaded with functional and thoughtful upgrades that set this one apart from anything else at this price point! Not your typical condo- lives like a single-family home with the only shared wall being the staircase. Low Condo Fees just $60 per month Low Tax Rate 2.3%. The first level is open concept; living dining and kitchen flow into each other but with plenty of room to design each individual space. Hard surface flooring throughout - No Carpet! Kitchen with granite countertops, stainless steel appliances, a center island with bar seating, tile backsplash, and large pantry. Don't miss the great storage under the stairs and an oversized powder bath on the main level. Ceiling fans, blinds, and remote-controlled shades.

Updated wood look LVP flooring leading up to and on the 2nd level. Upstairs, the spacious primary suite is set apart for privacy and features its own balcony overlooking the neighborhood pond and walking trail. Two primary closets, dual vanities, linen storage, & a walk-in shower. 2 additional Bedrooms + Full Bath. Cute backyard w pavers that lead to the detached garage and make a cozy patio space. Horizontal privacy fencing creates an inviting outdoor space perfect for entertaining and unwinding. Rear entry detached garage w additional lighting and an EV charger this one truly is special and offers so much more than the competition.

Easy living with fully owned solar panels that generate energy needs of the home. LED Dimmer switches are installed throughout the first floor. Amenities include sidewalks that wind past pocket parks, neighborhood schools, pools and ponds

Easy access to shopping, dining and entertainment, just 10 miles to Downtown ATX, 11 Miles to the airport and 15 miles to Tesla

At $181/sqft, this home is 54% 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

5613 Charles Merle Dr #A, Austin, TX 78747

Property Details

Price $334,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,848 sqft
Lot Size 0.10 acres (4,255.81 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Goodnight Ranch
County Travis
Zip Code 78747
$/sqft $181/sqft
Days on Market ,
HOA $60/Monthly
Annual Tax Est. $7,763
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227463499
List Date April 24, 2026
Elementary School Blazier
Middle School Paredes
High School Akins
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 · April 24, 2026 $365,000
Previous ask $349,998
Current ask $334,000
Reduced $31,000 (-8.5%) 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
9109 Ipswich Bay Dr
Sheldon 230 Sec 01 Ph 02
$335,000 $149 3 bd / 3 ba 2,244 sqft , 2026-05-06
5913-B Charles Merle Dr #16
GOODNIGHT RANCH CONDOMINIUMS
$340,000 $185 3 bd / 3 ba 1,840 sqft , 2026-04-20
8716 Whitter Dr #A
Goodnight Ranch
$342,500 $186 3 bd / 3 ba 1,840 sqft , 2026-08-21
8716 Whitter Dr #B
Goodnight Ranch
$342,500 $186 3 bd / 3 ba 1,840 sqft , 2026-08-21
5517 Charles Merle Dr #B
Goodnight Ranch
$325,000 $180 3 bd / 3 ba 1,810 sqft , 2026-04-22

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
$1,603/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
$66,800
20% conventional investment loan

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

Estimated Gross Rent+$1,603
Principal + Interest−$1,823
Property Tax (~2.1% TX avg)−$585
Insurance (~0.5%)−$139
Est. Monthly Cash Flow $-944

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 August 12, 2026.

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