Active Listing  ·  7 days on market

5616 Silver Screen Dr

Austin, TX 78747
$259,900
3 Bed 2 Bath 1,364 sqft $191/sqft Built 2007 0.12 acres 2-Car Garage Pool Zachary Scott Sec 01

Investor / handyman special! Needs work. Sold as/is.

At $191/sqft, this home is 51% 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

5616 Silver Screen Dr, Austin, TX 78747

Property Details

Price $259,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,364 sqft
Lot Size 0.12 acres (5,061.67 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Zachary Scott Sec 01
County Travis
Zip Code 78747
$/sqft $191/sqft
Days on Market ,
HOA $140/Quarterly
Annual Tax Est. $5,789.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251516203
List Date November 5, 2026
Elementary School Blazier
Middle School Paredes
High School Akins
School District Austin ISD

Austin ISD

Blazier · Paredes · Akins

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
11601 Murano Dr
Cloverleaf
$274,990 $256 3 bd / 2 ba 1,074 sqft , 2024-11-07
9015 CATTLE BARON Path #302
AVI Townhome Condominiums
$275,950 $206 2 bd / 3 ba 1,340 sqft , 2026-11-05
9015 Cattle Baron Path #1605
AVI GOODNIGHT TOWNHOME CONDOMINIUMS
$279,900 $187 3 bd / 3 ba 1,493 sqft , 2026-05-30
10537 Steinbeck Dr
Bradshaw Crossing Sub
$284,900 $173 3 bd / 2 ba 1,650 sqft , 2026-05-20
5906 Rotunda Vw
Goodnight Ranch Ph 2 East Sec
$230,000 $140 3 bd / 3 ba 1,646 sqft , 2026-10-22

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
$1,248/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
$51,980
20% conventional investment loan

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

Estimated Gross Rent+$1,248
Principal + Interest−$1,418
Property Tax (assumed ~2.1%)−$455
Insurance (assumed ~0.5%)−$108
Est. Monthly Cash Flow $-733

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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