Active Listing  ·  309 days on market

5704 Cedardale Dr

Austin, TX 78745
$275,000
3 Bed 1 Bath 962 sqft $286/sqft Built 1969 0.16 acres Pool Flournoys Sweetbriar Sec 04

HUGE REDUCTION! Discover an exceptional opportunity at 5704 Cedardale Drive, a charming residence nestled in Austin’s highly desirable 78745 zip code, now available at an even more attractive price. This inviting home masterfully blends a prime location with outstanding value, making it an ideal choice for owner-occupants, savvy investors, or anyone desiring to establish roots in one of Austin’s most consistently sought-after neighborhoods. Situated just minutes from downtown with convenient access to major thoroughfares, residents enjoy the vibrant energy of South Austin while returning to a tranquil, established residential setting. The neighborhood captivates with its mature trees, welcoming atmosphere, and strong community spirit, complemented by close proximity to local coffee shops, scenic greenbelts, invigorating bike paths, and iconic eateries that truly embody the Austin lifestyle. The home features three comfortable bedrooms and one full bath, alongside a clean, updated kitchen that seamlessly transitions into a bright breakfast area, complete with a recently updated dishwasher and disposal for modern convenience. Recent enhancements include new windows and a roof replaced in February 2022, ensuring enhanced comfort and reduced future maintenance. A spacious backyard provides an excellent retreat for relaxation or entertaining, further complemented by a large storage shed, while the front yard’s sprinkler system simplifies upkeep. Adding to its unique appeal, a covered carport offers versatile functionality, akin to a private garage, thanks to its custom lockable gate that provides security, privacy, and flexibility for parking or additional storage. The plumbing lines leading to the street were professionally replaced, and a water pressure reducer valve was installed in August 2026 by a licensed plumber. With its compelling new price, this property represents one of the finest values in the 78745 market! Home is also available for lease.

At $286/sqft, this home is 27% 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

5704 Cedardale Dr, Austin, TX 78745

Property Details

Price $275,000
Status Active Listing
Beds 3
Full Baths 1
Half Baths ,
Living Area 962 sqft
Lot Size 0.16 acres (6,764.87 sqft)
Year Built 1969
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Flournoys Sweetbriar Sec 04
County Travis
Zip Code 78745
$/sqft $286/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,313.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT211792106
List Date November 18, 2025
Elementary School Odom
Middle School Bedichek
High School Crockett
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 · November 18, 2025 $339,000
Previous ask $299,000
Current ask $275,000
Reduced $64,000 (-18.9%) 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
4908 Hawk Cv #2
Glenwood Square
$269,500 $374 2 bd / 1 ba 720 sqft , 2026-08-06
4908 Hawk Cv #1
Glenwood Square
$269,500 $374 2 bd / 1 ba 720 sqft , 2026-08-06
5007 Fort Clark Dr
Park At Battle Bend Amd
$290,000 $235 3 bd / 2 ba 1,235 sqft , 2026-05-26
4903 Richmond Ave #B
Glenwood Square
$297,000 $391 2 bd / 1 ba 759 sqft , 2026-06-10
4361 S Congress Ave #209
Public Condos Bldg 1
$252,000 $233 2 bd / 2 ba 1,081 sqft , 2026-08-25

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
$1,320/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
$55,000
20% conventional investment loan

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

Estimated Gross Rent+$1,320
Principal + Interest−$1,501
Property Tax (~2.1% TX avg)−$481
Insurance (~0.5%)−$115
Est. Monthly Cash Flow $-777

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 21, 2026.

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