About This Home

Great value! 1,257 SQ FT! 3 bedroom, 2 bath home in Austin's Village at Western Oaks Sec III neighborhood. Desirable single-story floor plan with spacious living areasperfect for entertaining! Charming kitchen includes appliances: Dishwasher, Microwave, Oven, and Refrigerator. Brand new roof! Quality laminate and tile flooring throughout the house. Primary suite features a walk-in closet, and this home offers 3 nicely sized bedrooms. Enjoy a backyard complete with a fenced yard, grassy area, and patiogreat for relaxing or hosting! 2 car garage. Located in the desirable Village at Western Oaks Sec III community. Great Austin location with nearby schools, parks, dining, and entertainment. Community amenities include playgrounds and biking and walking trails.

At $314/sqft, this home is 20% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5628 Wagon Train Rd, Austin, TX 78749

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Property Details

Price $395,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,257 sqft

Lot Size 0.20 acres (8,746.85 sqft)

Year Built 1979

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Village At Western Oaks Sec 03

County Travis

Zip Code 78749

$/sqft $314/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $8,785.25

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT248292042

List Date September 29, 2026

Elementary School Patton

Middle School Small

High School Austin

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

4708 Velasco Pl
Maple Run Sec 07-B $389,000 $260 3 bd / 3 ba 1,495 sqft , 2026-09-16

7703 Copperas Dr
Maple Run Sec 01 $449,000 $302 3 bd / 2 ba 1,485 sqft , 2026-08-28

5509 Porsche Ln
Westcreek Ph 03 Sec 05 $450,000 $319 3 bd / 2 ba 1,411 sqft , 2026-07-24

4400 Manzanillo Dr
Maple Run Sec 06 $450,000 $317 3 bd / 2 ba 1,419 sqft , 2026-09-07

5907 Shanghai Pierce Rd
Legend Oaks Ph A Sec 03a $450,000 $332 3 bd / 2 ba 1,356 sqft , 2026-08-19

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

$1,896/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

$79,000

20% conventional investment loan

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

Estimated Gross Rent+$1,896

Principal + Interest−$2,156

Property Tax (~2.1% TX avg)−$691

Insurance (~0.5%)−$165

Est. Monthly Cash Flow $-1,116

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 September 30, 2026.

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

5628 Wagon Train Rd

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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