Active Listing  ·  29 days on market

5708 Lark Creek Dr

Austin, TX 78744
$325,000
3 Bed 2 Bath 1,178 sqft $276/sqft Built 1997 0.19 acres 2-Car Garage Pool Williamson Creek Sec 02

Move-in ready and completely remodeled, this single-story home offers a fresh, updated interior on a .188-acre lot in an established Austin neighborhood. With 1,178 square feet, the thoughtfully designed floor plan includes three bedrooms, two full bathrooms, and comfortable living spaces with updates throughout.

The remodeled kitchen features new cabinetry, quartz countertops, stainless steel appliances, updated fixtures, and a clean, contemporary finish. Both bathrooms have also been remodeled with new finishes and fixtures, creating a cohesive look throughout the home. Fresh interior and exterior paint adds to the home's updated feel.

Outside, recent improvements include an improved driveway and refreshed front landscaping with new plantings and mulch, enhancing the home's curb appeal. Mature trees provide shade and character to the property, while the spacious .188-acre lot offers additional outdoor space.

With extensive updates already completed, 5708 Lark Creek Drive offers the opportunity to enjoy a fully refreshed, single-story home without taking on a major renovation. Conveniently located in Austin with easy access to shopping, dining, major roadways, and everyday conveniences.

At $276/sqft, this home is 29% 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

5708 Lark Creek Dr, Austin, TX 78744

Property Details

Price $325,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,178 sqft
Lot Size 0.19 acres (8,206.7 sqft)
Year Built 1997
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Williamson Creek Sec 02
County Travis
Zip Code 78744
$/sqft $276/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $4,913.98
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT247469679
List Date September 25, 2026
Elementary School Smith
Middle School Ojeda
High School Del Valle
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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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
5700 Limerock Holw
Village Square
$330,000 $260 3 bd / 2 ba 1,269 sqft , 2026-08-29
5307 Village Trl
Village South Ph 01
$339,000 $232 4 bd / 2 ba 1,460 sqft , 2026-09-18
5005 Creek Bend Dr
Creek Bend Sec 01
$302,000 $231 4 bd / 1 ba 1,308 sqft , 2026-07-03
5436 Juniper Junction Ln #83
Arbor Ridge Condo Amd
$289,500 $196 3 bd / 3 ba 1,479 sqft , 2026-09-03
4808 Brook Crest Rd
Williamson Creek Sec 01-A
$280,000 $277 3 bd / 2 ba 1,012 sqft , 2026-09-01

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
$1,560/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
$65,000
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,774
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-918

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 October 1, 2026.

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