Active Listing  ·  0 days on market

5645 Oak Blvd

Austin, TX 78735
$799,000
3 Bed 2 Bath 1,922 sqft $416/sqft Built 1958 0.96 acres 2-Car Garage Pool Cullen Resub Oak Acres

Set on nearly an acre in Oak Acres, one of Southwest Austin's quietest and most distinctive pockets, this 1958 mid-century modern has been brought forward rather than gutted. The original architecture is intact with clean lines, a flowing floor plan, vaulted ceilings, and a wall of windows opening onto the landscaped backyard. The windows have been fully replaced, with upgraded insulation and recently replaced HVAC system, so the light comes without the energy penalty typical of a house this age. New flooring runs throughout, including thick engineered hardwood, alongside significant new drywall, a remodeled primary bath, and a quartzite bar. Much of the expensive invisible work is already done: new water lines and new sewer lines, replaced rather than patched.Two EV chargers are installed one Tesla, one universal and the Tesla setup includes vehicle-to-home capability, allowing a V2H-equipped Tesla to power the house during an outage. It functions as whole-home backup without a standby generator, an increasingly rare feature in Austin after recent grid winters. Oak Acres, said to have once been a racetrack, remains a neighborhood where no two houses look alike.

At $416/sqft, this home is priced 6% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5645 Oak Blvd, Austin, TX 78735

Property Details

Price $799,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,922 sqft
Lot Size 0.96 acres (41,817.6 sqft)
Year Built 1958
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cullen Resub Oak Acres
County Travis
Zip Code 78735
$/sqft $416/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,793
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218260723
List Date August 24, 2026
Elementary School Oak Hill
Middle School Small
High School Austin
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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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
7136 Ridge Oak Rd
Legend Oaks Sec 07
$639,000 $253 3 bd / 3 ba 2,527 sqft , 2026-06-19
6008 Smith Oak Trl
WESTCREEK SEC 2
$635,000 $364 3 bd / 2 ba 1,746 sqft , 2026-08-19
5820 Harper Park Dr #43
Harper Park
$630,000 $289 3 bd / 3 ba 2,177 sqft , 2026-08-19
5400 Honey Dew Ter
Westcreek Ph 03 Sec 03
$619,000 $346 3 bd / 2 ba 1,789 sqft , 2026-04-24
6101 Sun Vista Dr
Westcreek Sec 02
$565,000 $349 3 bd / 2 ba 1,620 sqft , 2026-06-04

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
$3,835/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
$159,800
20% conventional investment loan

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

Estimated Gross Rent+$3,835
Principal + Interest−$4,360
Property Tax (~2.1% TX avg)−$1,398
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,256

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 24, 2026.

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