Active Listing  ·  20 days on market

5702 Palo Blanco Ln #A

Austin, TX 78744
$349,000
4 Bed 2 Bath 1,744 sqft $200/sqft Built 1976 0.09 acres Pool Peppertree Park Sec 03

*Open House Saturday 8/1 1-3pm* This thoughtfully updated home provides plenty of space to grow into, just minutes from downtown! With Two Large Living Spaces, 4 Bedrooms and a Beautiful Backyard Oasis it’s hard to beat this value. Located in the coveted Franklin Park neighborhood with close proximity to downtown, ABIA and South Austin’s best Restaurants, Breweries and Entertainment Districts. Recently installed Composite Trex Deck, Native Landscaping, Hardie Plank Siding, plus Recently Replaced HVAC provide a True Turn-Key Home ready for it’s next owners. Reach out to schedule your showing for this Move-In Ready home today!

At $200/sqft, this home is 49% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5702 Palo Blanco Ln #A, Austin, TX 78744

Property Details

Price $349,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,744 sqft
Lot Size 0.09 acres (4,046.72 sqft)
Year Built 1976
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Peppertree Park Sec 03
County Travis
Zip Code 78744
$/sqft $200/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $3,853.24
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239998881
List Date July 15, 2026
Elementary School Widen
Middle School Mendez
High School Akins
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.

Schedule a Call →

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
9113 Magna Carta Loop
Colonial Place Amd
$349,000 $149 4 bd / 3 ba 2,350 sqft , 2026-04-02
1312 Hyman Ln
Richland Estates Sec 01
$349,000 $193 3 bd / 2 ba 1,806 sqft , 2026-04-20
3901 Colorado High Ave
Colorado Crossing IV Sec 6-B
$349,000 $208 4 bd / 2 ba 1,680 sqft , 2026-04-26
11512 Flushwing Dr
Pioneer Crossing West Sec 07
$349,000 $205 3 bd / 2 ba 1,701 sqft , 2026-05-02
10209 Deer Chase Trl
Bradshaw Crossing Sub Sec 8
$349,000 $153 4 bd / 3 ba 2,280 sqft , 2026-06-18

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
$1,675/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
$69,800
20% conventional investment loan

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

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (~2.1% TX avg)−$611
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-986

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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