Active Listing  ·  28 days on market

5613 Roosevelt Ave #B

Austin, TX 78756
$625,000
3 Bed 3 Bath 1,587 sqft $394/sqft Built 2008 0.19 acres Pool Grovers Paradise

Brentwood vibes, a killer location, and a home that’s ready to roll—welcome to one of North Central Austin’s best-kept secrets. Tucked away on a quiet dead-end street in one the city’s most sought-after neighborhoods, this meticulously maintained home puts you right in the middle of it all, with neighborhood restaurants, local shops, and McCallum High School just an easy stroll away. And when you’re ready to head downtown, you’re less than five miles from the heart of Austin. Inside, the home blends laid-back style with smart, practical updates. Major improvements include a new roof (2023), newer HVAC (2019), new water heater (2019), and a fully owned solar panel system to help take the edge off those hot Austin summer energy bills. Smart-home features include Lutron Caséta switches and two Nest smart thermostats, while stainless steel appliances, easy-care concrete floors downstairs, and a built-in beverage fridge bring function and personality. The spacious primary suite features two generous closets and an en-suite bath with dual shower heads. Step outside to a private, fully fenced backyard that feels surprisingly secluded for such a central location. Two garden beds are ready for your green-thumb ambitions, while a storage shed keeps tools and outdoor gear tucked away. The two-car carport is more than just parking—it’s an extension of the living space. With extra storage and ceiling fan for cooling off it’s the perfect spot to kick back, entertain, or escape the Texas heat. It’s the kind of low-maintenance outdoor space that makes lock-and-leave living feel effortless. And here’s the bonus: this home lives much more like a single-family residence, with just one shared wall. The HOA fee is specifically for the shared home insurance cost, keeping the ownership structure simple while offering the privacy and feel of a standalone home. Central, stylish, smart, and seriously easy to live in—this is Austin living with the volume turned up.

At $394/sqft, this home is priced in line with the Austin market average of $393/sqft across 4,589 active listings. View Austin market report →

Location

5613 Roosevelt Ave #B, Austin, TX 78756

Property Details

Price $625,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,587 sqft
Lot Size 0.19 acres (8,189.28 sqft)
Year Built 2008
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Grovers Paradise
County Travis
Zip Code 78756
$/sqft $394/sqft
Days on Market ,
HOA $168/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244723091
List Date August 26, 2026
Elementary School Brentwood
Middle School Lamar (Austin ISD)
High School McCallum
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
5605 Sunshine Dr #11
SOL ON SUNSHINE CONDOMINIUMS
$625,000 $395 2 bd / 3 ba 1,584 sqft , 2026-04-09
1716 Karen Ave
Brentwood Terrace
$629,990 $460 3 bd / 1 ba 1,370 sqft , 2026-08-07
5700 Avenue G None
Skyview Sec 03
$599,000 $341 4 bd / 2 ba 1,757 sqft , 2026-08-05
400 W 51st St #A
400 & 402 West 51st Street Con
$675,000 $445 3 bd / 3 ba 1,516 sqft , 2026-05-11
400 W 51 St #A
400 & 402 West 51st Street Con
$675,000 $445 3 bd / 3 ba 1,516 sqft , 2026-05-11

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
$3,000/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
$125,000
20% conventional investment loan

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

Estimated Gross Rent+$3,000
Principal + Interest−$3,411
Property Tax (~2.1% TX avg)−$1,094
Insurance (~0.5%)−$260
Est. Monthly Cash Flow $-1,765

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 September 5, 2026.

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