Active Listing  ·  120 days on market

5700 Sutherlin Rd

Austin, TX 78723
$915,000
3 Bed 3 Bath 2,455 sqft $373/sqft Built 1963 0.21 acres 2-Car Garage Pool Royal Oak Estates Sec 03

Set on a nearly 9,000-square-foot lot in the heart of Windsor Park, this thoughtfully updated two-story home offers 2,450+ square feet of comfortable, flexible living space with plenty of natural light, just minutes from Mueller, Downtown Austin, and UT.

The main level is anchored by a spacious kitchen featuring quartz countertops, an oversized island, gas cooking, a custom vent hood, and a farmhouse sink. Large windows allow natural light to fill the living spaces, while wide-plank white oak floors bring warmth throughout the home. An electric fireplace creates an inviting focal point in the living area, which opens directly to the backyard.

A flexible front room can serve as a home office, dining room, guest space, or second living area. A bedroom and full bath on the main level provide additional versatility, and a dedicated laundry room completes the first floor. Upstairs, the primary suite features a spa-inspired bath with a freestanding soaking tub, oversized walk-in shower, dual vanity, and designer tile. A generously sized secondary bedroom or an additional home office.

Outside, mulched garden beds, artificial turf, a large storage shed, and a dedicated side garden area offer plenty of room to relax, entertain, or make the space your own. A gas line and full electrical subpanel are already in place for a future hot tub or outdoor kitchen. The two-car garage also includes a 220V EV outlet, and the full yard is served by an automatic irrigation system.

The home underwent an extensive, fully permitted renovation between 2020 and 2022, including replacement of the plumbing, electrical, HVAC, and roof. Refrigerator, washer, and dryer convey. A previous pool permit has expired, providing a helpful starting point for buyers interested in exploring a future pool.

This welcoming, move-in-ready home combines generous living space, thoughtful updates, and convenient access to some of Austin’s most popular destinations.

At $373/sqft, this home is 5% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5700 Sutherlin Rd, Austin, TX 78723

Property Details

Price $915,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 2,455 sqft
Lot Size 0.21 acres (8,969 sqft)
Year Built 1963
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Royal Oak Estates Sec 03
County Travis
Zip Code 78723
$/sqft $373/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $18,374.65
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231344343
List Date May 26, 2026
Elementary School Blanton
Middle School Lamar (Austin ISD)
High School Northeast Early College
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 · May 26, 2026 $1,025,000
Previous ask $950,000
Current ask $915,000
Reduced $110,000 (-10.7%) 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
2509 Robert Browning St
Mueller Sec 10 A Sub
$869,500 $429 4 bd / 3 ba 2,026 sqft , 2026-07-02
1806 Rogge Ln
Delwood 04 East Sec 02
$985,000 $519 3 bd / 2 ba 1,898 sqft , 2025-08-08
3008 Cedarlawn Cir
Cherrylawn Sec 02
$775,000 $418 4 bd / 3 ba 1,856 sqft , 2026-09-03
6010 Dunbury Dr
Gaston Park
$734,999 $291 3 bd / 2 ba 2,524 sqft , 2026-07-16
6403 Hickman Ave
Roberts Terrace
$1,100,000 $451 3 bd / 3 ba 2,441 sqft , 2026-06-22

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
$4,392/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
$183,000
20% conventional investment loan

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

Estimated Gross Rent+$4,392
Principal + Interest−$4,994
Property Tax (~2.1% TX avg)−$1,601
Insurance (~0.5%)−$381
Est. Monthly Cash Flow $-2,584

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 September 11, 2026.

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