Active Listing  ·  84 days on market

5660 Wagon Train Rd

Austin, TX 78749
$589,000
3 Bed 3 Bath 2,012 sqft $293/sqft Built 1993 0.16 acres 2-Car Garage Pool Village At Western Oaks 09

Beautifully maintained, 5660 Wagon Train offers thoughtful updates, exceptional privacy, and a prime Southwest Austin location. Recent improvements include fresh interior paint, a beautiful stone patio completed in May 2025, and roof replaced in May 2026, providing lasting value and move-in-ready appeal.

Natural light fills the spacious floor plan, while plantation shutters throughout the downstairs living areas add timeless style. Designed for comfortable living and easy entertaining, the home offers an inviting layout with a seamless connection to the outdoors.

A standout feature is the exceptional privacy. One-story homes on both sides allow the upstairs bedrooms to enjoy open views instead of neighboring windows, while the backyard backs to properties with expansive yards and mature trees, creating a peaceful setting rarely found in the city.

The recently added stone patio provides the perfect space for outdoor dining, relaxing, or gathering with family and friends. The spacious backyard offers plenty of room to enjoy the outdoors in a quiet, secluded setting.

Ideally located in Southwest Austin, the home is within walking distance of the neighborhood library, parks, and scenic greenbelt trails. Convenient access to Highway 290, Highway 71, and MoPac makes commuting easy, with downtown Austin only about 20 minutes away.

Combining privacy, quality updates, and everyday convenience, this home is an exceptional opportunity in a highly desirable location.

At $293/sqft, this home is 25% 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

5660 Wagon Train Rd, Austin, TX 78749

Property Details

Price $589,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,012 sqft
Lot Size 0.16 acres (6,908.62 sqft)
Year Built 1993
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Village At Western Oaks 09
County Travis
Zip Code 78749
$/sqft $293/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT225348778
List Date June 1, 2026
Elementary School Patton
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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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 · June 1, 2026 $615,000
Current ask $589,000
Reduced $26,000 (-4.2%) 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
5815 Lomita Verde Cir
Village At Western Oaks Sec 33
$589,000 $342 3 bd / 2 ba 1,723 sqft , 2026-07-25
7205 Beckett Rd
Smiths J W Western Oaks 02-B
$575,000 $361 3 bd / 2 ba 1,591 sqft , 2026-06-23
6825 Wolfcreek Pass #3
Alder
$574,900 $272 3 bd / 4 ba 2,116 sqft , 2026-03-18
6101 Sun Vista Dr
Westcreek Sec 02
$565,000 $349 3 bd / 2 ba 1,620 sqft , 2026-06-04
6401 Sam Maverick Pass
Legend Oaks Ph A Sec 05a
$565,000 $288 4 bd / 3 ba 1,964 sqft , 2026-08-10

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
$2,827/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
$117,800
20% conventional investment loan

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

Estimated Gross Rent+$2,827
Principal + Interest−$3,214
Property Tax (~2.1% TX avg)−$1,031
Insurance (~0.5%)−$245
Est. Monthly Cash Flow $-1,663

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 8, 2026.

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