Active Listing  ·  139 days on market

5701 Link Ave

Austin, TX 78752
$330,000
2 Bed 1 Bath 840 sqft $393/sqft Built 1951 0.26 acres 1-Car Garage Pool Skyview Sec 01

Central Austin Bungalow on Rare Quarter Acre Lot with New Roof and Endless Potential — Ideally located just minutes from the heart of Austin with easy access to Hwy 290 and I 35, this charming 1951 single level home offers a unique opportunity in a highly desirable central pocket neighborhood. Situated on a spacious 0.25 acre lot parallel to 2222, the property provides ample room to expand, build, or create your ideal outdoor living space. The home features a functional 2 bedroom, 1 bath layout with 840 square feet, original hardwood floors, and a cozy kitchen with ample cabinetry, ready for thoughtful updates or customization over time. Recent improvements include a recently replaced roof, updated electrical, and some updated plumbing, offering added value and peace of mind. Outside, enjoy a large backyard with a wood privacy fence and a partially renovated bus ready for a creative guest space or Airbnb concept, along with a widened driveway, 1 car garage, and carport. With no HOA, strong upside potential, and convenient access to downtown, UT, Mueller, Crestview Station, shopping, and dining, this property is ideal for buyers looking to personalize, invest, or hold long term. Buyer to verify development potential and zoning options. Buyer to verify development potential and zoning options Investor/Builder Opportunity! Property is zoned SF-3 with potential to build two condoable units

At $393/sqft, this home is priced in line with the Austin market average of $392/sqft across 4,590 active listings. View Austin market report →

Location

5701 Link Ave, Austin, TX 78752

Property Details

Price $330,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 840 sqft
Lot Size 0.26 acres (11,107.8 sqft)
Year Built 1951
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Skyview Sec 01
County Travis
Zip Code 78752
$/sqft $393/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,626.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT223912671
List Date May 7, 2026
Elementary School Reilly
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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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 7, 2026 $410,000
Previous ask $375,000
Current ask $330,000
Reduced $80,000 (-19.5%) 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
507 Delmar Ave
St Johns Home Add
$320,000 $533 3 bd / 1 ba 600 sqft , 2026-05-05
6324 N Lamar Blvd #419
Ellis Highline
$319,000 $332 2 bd / 2 ba 962 sqft , 2026-05-30
700 Nelray Blvd #101
Nelly Condominiums
$355,000 $334 2 bd / 2 ba 1,063 sqft , 2026-06-03
935 La Posada Dr #145
Flats/935 Condos Bldg 4
$300,000 $291 3 bd / 2 ba 1,030 sqft , 2026-02-03
935 La Posada Dr #212
La Costa
$299,900 $286 2 bd / 2 ba 1,050 sqft , 2024-02-09

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
$1,584/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
$66,000
20% conventional investment loan

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

Estimated Gross Rent+$1,584
Principal + Interest−$1,801
Property Tax (~2.1% TX avg)−$578
Insurance (~0.5%)−$138
Est. Monthly Cash Flow $-933

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 17, 2026.

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