About This Home

MLS# 5475767 - Built by Trophy Signature Homes - Dec 2026 completion! ~ Welcome to the Spruce, where modern efficiency meets timeless charm. This thoughtfully designed floor plan combines contemporary convenience with a touch of natural elegance, making it perfect for both relaxed living and entertaining. As you step into the Spruce, you'll immediately notice its open-concept layout, which fosters a sense of space and connectivity. The expansive living area is designed for versatility, featuring large, well-placed windows that invite natural light and offer beautiful views of the surrounding landscape.

At $242/sqft, this home is 38% 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

5701 Koshoa Dr, Austin, TX 78754

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Property Details

Price $369,990

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,526 sqft

Lot Size 0.12 acres (5,270.76 sqft)

Year Built 2026

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Evelyn

County Travis

Zip Code 78754

$/sqft $242/sqft

Days on Market ,

HOA $75/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT245282466

List Date August 31, 2026

Elementary School Bluebonnet Trail

Middle School Decker

High School Manor

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

11204 Silo Valley Dr
Pioneer Crossing East Sec 05 $369,000 $220 3 bd / 2 ba 1,675 sqft , 2026-02-12

11101 Liberty Farms Dr
Pioneer Crossing East Sec 07 $360,000 $200 4 bd / 2 ba 1,801 sqft , 2026-08-21

4702 Native Pearl None
Evelyn $379,990 $206 3 bd / 2 ba 1,841 sqft , 2026-06-26

10913 Tallsalt Dr
Evelyn $379,990 $211 3 bd / 3 ba 1,805 sqft , 2026-07-14

5609 Koshoa Dr
Evelyn $380,135 $240 4 bd / 2 ba 1,587 sqft , 2026-08-18

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

$1,776/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

$73,998

20% conventional investment loan

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

Estimated Gross Rent+$1,776

Principal + Interest−$2,019

Property Tax (~2.1% TX avg)−$647

Insurance (~0.5%)−$154

Est. Monthly Cash Flow $-1,044

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 1, 2026.

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

5701 Koshoa Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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