Active Listing  ·  12 days on market

5706 Nancy Dr #2

Austin, TX 78745
$549,000
3 Bed 3 Bath 1,713 sqft $320/sqft Built 2026 0.06 acres 1-Car Garage Pool New Construction Windswept Acres Sec 02

**Builder offering limited time interest rate buydown through preferred lender, ask for details** Another Carr Residential build — unbeatable craftsmanship for the price in the desirable north end of 78745, minutes to Downtown, S. Lamar, and South Congress, and walking distance to Michelin-starred LeRoy & Lewis BBQ. This thoughtfully designed 3-bed, 2.5-bath, 1,713 SF home features an open kitchen with soft-close cabinetry, chic finishes, and wood exterior accents. Step into the living room and you're greeted with 10-ft ceilings, abundant natural light, and beautiful hardwood floors. The primary suite is an owner's retreat with a spacious walk-in closet, floating double vanity, and walk-in shower. The guest bedrooms share a dual-vanity full bath with a soaking tub for unwinding.

Built for efficiency as much as style — spray foam insulation, a tankless water heater, and a smart dual-zone AC system work together to help keep utility bills low year-round. Additional features: EV-charging ready, Cat-6 wiring throughout, and more. All Carr Residential homes are backed by an industry-leading 1-2-6 Warranty plus a 10-year third-party structural policy for extra peace of mind. Ask about additional inventory.

At $320/sqft, this home is 18% 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

5706 Nancy Dr #2, Austin, TX 78745

Property Details

Price $549,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,713 sqft
Lot Size 0.06 acres (2,421.94 sqft)
Year Built 2026
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Windswept Acres Sec 02
County Travis
Zip Code 78745
$/sqft $320/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT240649514
List Date July 23, 2026
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
606 W Lynn St #21
West End Condo
$549,000 $479 2 bd / 3 ba 1,146 sqft , 2026-04-13
5921 Hiline Rd #1204
Waterfall On Lake Travis Condo
$549,000 $398 3 bd / 2 ba 1,379 sqft , 2026-01-09
219 Lessin Ln #10A
Post Road
$549,000 $477 2 bd / 3 ba 1,152 sqft , 2026-04-08
9407 McKnight Loop #9
Western Clstrs Condos
$549,000 $304 3 bd / 3 ba 1,806 sqft , 2026-04-30
8200 Southwest Pkwy #302
Escondera Condo Bldg 3
$549,000 $291 2 bd / 3 ba 1,887 sqft , 2026-05-01

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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (~2.1% TX avg)−$961
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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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