Active Listing  ·  31 days on market

5700 LOUISE Ln

Austin, TX 78757
$1,499,900
4 Bed 4 Bath 3,312 sqft $453/sqft Built 2022 0.30 acres 2-Car Garage Pool Allandale West Sec 01

Welcome to this exceptional two-story home in the highly sought-after Allandale community of Central Austin, where striking contemporary design meets comfortable, everyday living. From the moment you enter, soaring ceilings, oversized windows and an abundance of natural light create an impressive yet inviting atmosphere. Beautiful light wood flooring flows from the foyer into the spacious living and dining areas, while the well-appointed kitchen features white quartz countertops, a large center island with breakfast bar, abundant cabinetry and stainless steel appliances—including a **new $12,000 range and microwave**. The main level is thoughtfully designed with the primary suite, a dedicated office and easy access to the expansive backyard. The primary retreat features a spa-like bath with dual vanities, a freestanding soaking tub, glass-enclosed shower with marble-look tile and a generous walk-in closet. Outside, the large private backyard offers plenty of room to create your own outdoor oasis, whether that means a pool, gardens, entertaining space or play area. Upstairs, a bright and spacious family room opens onto a private balcony, creating a wonderful additional gathering space, while the secondary bedrooms provide comfort and privacy for family and guests. Stylish, spacious and exceptionally well designed, this Allandale home offers the perfect blend of modern living, thoughtful spaces and room to make it truly your own.

At $453/sqft, this home is priced 16% 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

5700 LOUISE Ln, Austin, TX 78757

Property Details

Price $1,499,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,312 sqft
Lot Size 0.30 acres (13,020.08 sqft)
Year Built 2022
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Allandale West Sec 01
County Travis
Zip Code 78757
$/sqft $453/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $29,216.58
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT244116674
List Date August 22, 2026
Elementary School Gullett
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.

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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
6213 Edwards Mountain Cv
Edwards Mountain
$1,500,000 $454 4 bd / 4 ba 3,307 sqft , 2026-09-18
5104 Beverly Hills Dr
Beverly Hill
$1,425,000 $479 4 bd / 3 ba 2,973 sqft , 2026-07-31
5721 Louise Ln
Allandale West Sec 01
$1,390,000 $475 4 bd / 3 ba 2,924 sqft , 2026-09-15
3007 Village Dr
Highland Village Sec 02 Pt 02
$1,720,000 $644 4 bd / 4 ba 2,671 sqft , 2026-07-06
6905 Daugherty St
Green Acres
$1,250,000 $421 5 bd / 6 ba 2,972 sqft , 2026-07-31

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
$7,200/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
$299,980
20% conventional investment loan

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

Estimated Gross Rent+$7,200
Principal + Interest−$8,186
Property Tax (~2.1% TX avg)−$2,625
Insurance (~0.5%)−$625
Est. Monthly Cash Flow $-4,236

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 →

Neighborhood Context

About Allandale

Allandale is North Central Austin's original family neighborhood - platted in the 1950s and shaped by decades of homeowners who chose it for its tree-lined streets, strong schools, and community identity. Bounded roughly by 45th Street to the south, Koenig Lane to the north, MoPac to the west, and Burnet Road to the east, it occupies one of Austin's most convenient locations.

The housing stock is predominantly 1950s to 60s brick ranch homes - modest footprints on generous lots, many with mature live oaks that took 60 years to grow. Renovated Allandale homes command significant premiums, while original-condition homes represent some of the last attainable entry points in North Central Austin. New custom construction is an increasing presence as teardown economics make sense at these lot values.

🍽️
Burnet Road Corridor

Allandale's eastern edge is lined with some of Austin's best independent restaurants, coffee shops, and bars. Uchi, Violet Crown Cinema, Foreign & Domestic, Epoch Coffee - all within walking distance of many Allandale addresses.

🌳
Mature Tree Canopy

Sixty years of live oak growth creates a canopy that makes Allandale feel noticeably cooler and quieter than newer Austin neighborhoods. The trees are a defining asset - and an Austin Heritage Tree protection means they're here to stay.

🏫
McCallum High School

McCallum is one of Austin ISD's most respected high schools - known for its Fine Arts Academy (one of the top performing arts magnet programs in Texas) and strong academics. It's a major draw for families with high school-age children.

🚶
Walkable Errands

Allandale residents walk to coffee, restaurants, a hardware store, and neighborhood shops on a regular basis. It's not a walk-everywhere neighborhood, but the Burnet Road corridor makes daily errands genuinely walkable from the eastern half of the neighborhood.

Full Allandale Guide →

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 22, 2026.

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