Active Listing  ·  259 days on market

5704 Cedardale Dr

Austin, TX 78745
$299,000
3 Bed 1 Bath 962 sqft $311/sqft Built 1969 0.16 acres Pool Flournoys Sweetbriar Sec 04

HUGE REDUCTION!!! Welcome to 5704 Cedardale Drive in Austin’s highly desirable 78745—now offered at an even more attractive price, creating a special opportunity for buyers seeking comfort, charm, and outstanding value in sought-after South Austin. This inviting home blends location, convenience, and affordability, making it an excellent choice for owner-occupants, investors, or anyone looking to settle into one of Austin’s most consistently in-demand neighborhoods. Just minutes from downtown with easy access to major thoroughfares, you’ll enjoy the best of South Austin’s vibrant energy while coming home to a quiet, established residential setting. The neighborhood is loved for its mature trees, welcoming feel, and strong sense of community, along with close proximity to coffee shops, greenbelts, bike paths, and iconic eateries that capture the heart of Austin living. Inside, the home offers three bedrooms, one full bath, and a clean, updated kitchen that flows into a bright breakfast area, complete with a recently updated dishwasher and disposal. The spacious backyard is perfect for relaxing or entertaining and features a large storage shed, while the front yard’s sprinkler system makes maintenance simple. Recently installed windows from Home Depot and a roof replaced in February 2022 enhance comfort and help minimize future upkeep, and the washer, dryer, and refrigerator are all included—adding even more everyday value. The covered carport offers great versatility, functioning much like a private garage thanks to its custom lockable gate, which can be secured from both the inside and outside—providing added security, privacy, and flexibility for parking or storage. With its appealing new price, thoughtful updates, and unbeatable location in a warm, welcoming neighborhood, this home stands out as one of the best values in the 78745 market—an exceptional opportunity to own in Austin at a compelling price.

At $311/sqft, this home is 20% 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

5704 Cedardale Dr, Austin, TX 78745

Property Details

Price $299,000
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 $311/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.

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
1304 Summit St #101
Sunnyvale Villas A Condo
$299,000 $391 2 bd / 1 ba 764 sqft , 2026-01-26
1910 Robbins Pl #105
Robbins Place Condo Amd
$299,000 $298 2 bd / 2 ba 1,005 sqft , 2026-01-28
4501 Whispering Valley Dr #29
Whispering Valley Condo Amd
$299,000 $267 2 bd / 3 ba 1,119 sqft , 2026-04-03
1727 Timber Ridge Dr
Timber Ridge At Greenbriar Sec
$299,000 $256 2 bd / 2 ba 1,167 sqft , 2026-03-30
904 Montopolis Dr
n/a
$299,000 $267 3 bd / 2 ba 1,120 sqft , 2026-04-22

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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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