Active Listing  ·  40 days on market

5708 Forks Rd

Austin, TX 78747
$384,990
3 Bed 3 Bath 1,762 sqft $218/sqft Built 2026 0.05 acres 2-Car Garage Pool Twilight Condominiums at Goodnight Ranch

Thoughtful Design Meets Low-Maintenance Living. Welcome to this beautifully designed home offering well-planned living space in a gated, boutique community just minutes from shopping, dining, and major Austin thoroughfares. This low-maintenance home combines modern comforts with practical design, making it ideal for your vibrant lifestyle.

The open-concept main floor is perfect for entertaining, with a dining and family area that flows seamlessly into the kitchen. A central island adds functionality to the space, while the large covered patio is perfect for outdoor living, dining, or relaxing year-round.

Upstairs, a versatile loft provides additional living space that can serve as a media room, home office, or play area. The layout offers excellent separation of bedrooms for added privacy. The extended owner’s retreat includes a soaring vaulted ceiling, sweeping views of the treetops beyond, spa-like ensuite bath with soaking tub and a spacious walk-in closet.

Located in a secure, gated neighborhood with a close-knit community feel, this home offers the perfect blend of convenience, comfort, and style.

Call the David Weekley Homes at Goodnight Ranch Team today to learn more about the high-end selections of this new home in Austin, Texas!

Our EnergySaver™ Homes offer peace of mind knowing your new home in Austin is minimizing your environmental footprint while saving energy. A David Weekley EnergySaver home in Austin averages a 60 on the HERS Index.

Square Footage is an estimate only; actual construction may vary.

At $218/sqft, this home is 44% 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

5708 Forks Rd, Austin, TX 78747

Property Details

Price $384,990
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,762 sqft
Lot Size 0.05 acres (2,252.05 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Twilight Condominiums at Goodnight Ranch
County Travis
Zip Code 78747
$/sqft $218/sqft
Days on Market ,
HOA $525/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240069989
List Date July 16, 2026
Elementary School Blazier
Middle School Bailey
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
6413 Baythorne Dr
Sheldon 230 Sec 01 Ph 03
$385,000 $193 4 bd / 3 ba 1,993 sqft , 2026-07-03
6404 Lautner Ln
Twilight Condominiums at Goodnight Ranch
$384,710 $228 3 bd / 3 ba 1,689 sqft , 2026-08-21
5610 Forks Rd
Twilight Condominiums at Goodnight Ranch
$379,990 $213 2 bd / 3 ba 1,788 sqft , 2026-07-20
6317 Lautner Ln
Twilight Condominiums at Goodnight Ranch
$379,990 $218 2 bd / 3 ba 1,747 sqft , 2026-07-06
6400 Lautner Ln
Twilight Condominiums at Goodnight Ranch
$389,990 $209 3 bd / 3 ba 1,864 sqft , 2026-07-24

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
$1,848/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
$76,998
20% conventional investment loan

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

Estimated Gross Rent+$1,848
Principal + Interest−$2,101
Property Tax (~2.1% TX avg)−$674
Insurance (~0.5%)−$160
Est. Monthly Cash Flow $-1,087

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 20, 2026.

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