Active Listing  ·  32 days on market

5708 Long Ct

Austin, TX 78730
$1,900,000
4 Bed 4 Bath 3,430 sqft $554/sqft Built 1999 0.94 acres 2-Car Garage Pool Shepherd Mountain Ph 02

Set high above Lake Austin on a nearly one-acre hillside cul-de-sac lot, this meticulously maintained home offers an exceptional sense of privacy and tranquility, with sweeping Hill Country views and breathtaking sunsets from the backyard.

A charming stone exterior sets the tone for this classic home, where an inviting front porch, mature oak trees and beautifully maintained landscaping create a welcoming first impression. Inside, the floor plan is designed for both everyday living and entertaining. The main level features an open living and dining area with a fireplace and wall of built-ins, along with a dedicated office. The spacious kitchen includes a center island, breakfast area and bar seating, double ovens, gas cooktop and built-in desk, all overlooking the surrounding Hill Country.

Also on the main level, the oversized primary suite offers a peaceful retreat with a generous bath featuring dual vanities, soaking tub, separate shower and two closets. Upstairs are three generously sized bedrooms, two full baths and a second living area. Plantation shutters throughout add to the home’s timeless appeal.

The backyard is truly special. An expansive covered patio provides multiple areas for outdoor living, lounging and dining, while a beautiful pool and spa are surrounded by multiple levels of terracing that take full advantage of the hillside setting and views.

Beyond the property, the setting within Shepherd Mountain is equally compelling. Lake Austin, the surrounding hills and glimpses of the downtown skyline create an extraordinary backdrop, whether heading into town or simply enjoying a walk through the neighborhood.

Ideally located near the crossroads of RM 2222 and Loop 360, the home offers convenient access to Westlake, Mopac, the Arboretum and the 620 corridor. Zoned to highly regarded Highland Park Elementary, Lamar Middle School and McCallum High School, home to its renowned Fine Arts Academy.

At $554/sqft, this home is priced 41% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5708 Long Ct, Austin, TX 78730

Property Details

Price $1,900,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,430 sqft
Lot Size 0.94 acres (41,003.03 sqft)
Year Built 1999
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Shepherd Mountain Ph 02
County Travis
Zip Code 78730
$/sqft $554/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $30,337.07
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241848881
List Date August 21, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
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
5808 Tom Wooten Cv
Courtyard Ph 02
$1,775,000 $578 4 bd / 4 ba 3,070 sqft , 2026-09-10
6604 Liveoak Dr
Lake Side Add
$1,625,000 $493 4 bd / 3 ba 3,297 sqft , 2026-09-17
8310 Long Canyon Dr
Long Canyon Ph 01-A
$1,599,900 $522 3 bd / 4 ba 3,067 sqft , 2026-07-01
6302 Mountain Park Cv
Parkhill
$1,399,000 $533 3 bd / 3 ba 2,623 sqft , 2026-09-10
5801 Harrington Cv
Courtyard Ph 02
$1,299,000 $485 4 bd / 3 ba 2,677 sqft , 2026-08-06

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
$9,120/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
$380,000
20% conventional investment loan

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

Estimated Gross Rent+$9,120
Principal + Interest−$10,369
Property Tax (~2.1% TX avg)−$3,325
Insurance (~0.5%)−$792
Est. Monthly Cash Flow $-5,366

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 13, 2026.

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