Active Listing  ·  48 days on market

5713A Charles Merle Dr #48

Austin, TX 78747
$305,000
3 Bed 3 Bath 1,810 sqft $169/sqft Built 2019 0.12 acres 2-Car Garage Pool AVI GOODNIGHT RANCH CONDOS

INCREDIBLE BUYER INCENTIVES: $4,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $4,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC.

5713A Charles Merle Dr is a residence with a functional layout and comfortable living spaces throughout. The kitchen features an accent backsplash, stainless steel appliances, and a center island, creating a well-equipped space for cooking and entertaining. The primary bathroom includes double sinks for everyday convenience. A fully fenced backyard extends the living space outdoors, creating ample room for relaxation and entertaining. This residence combines practical design with comfortable living spaces, delivering functional amenities throughout every room.. Included 100-Day Home Warranty with buyer activation

At $169/sqft, this home is 57% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5713A Charles Merle Dr #48, Austin, TX 78747

Property Details

Price $305,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,810 sqft
Lot Size 0.12 acres (5,431.93 sqft)
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Townhouse
Subdivision AVI GOODNIGHT RANCH CONDOS
County Travis
Zip Code 78747
$/sqft $169/sqft
Days on Market ,
HOA $120/Quarterly
Annual Tax Est. $7,579.31
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242476495
List Date August 6, 2026
Elementary School Blazier
Middle School Bedichek
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.

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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
9015 Cattle Baron Path #2001
Goodnight Ranch
$305,000 $204 3 bd / 3 ba 1,493 sqft , 2025-10-30
6800 Baythorne Dr
Sheldon 230
$300,000 $145 3 bd / 3 ba 2,068 sqft , 2026-04-29
6813 Doyal Dr
McKinney Park East Sec 02
$300,000 $180 3 bd / 3 ba 1,665 sqft , 2026-07-09
6809 Doyal Dr
Mckinney Park East Sec 02
$300,000 $145 3 bd / 3 ba 2,068 sqft , 2026-08-27
6640 Quinton Dr
McKinney Park East Sec 02
$313,000 $175 3 bd / 3 ba 1,788 sqft , 2026-07-07

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
$1,464/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
$61,000
20% conventional investment loan

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

Estimated Gross Rent+$1,464
Principal + Interest−$1,665
Property Tax (~2.1% TX avg)−$534
Insurance (~0.5%)−$127
Est. Monthly Cash Flow $-862

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 September 22, 2026.

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