Active Listing  ·  118 days on market

5717 Lost Horizon Dr #12

Austin, TX 78759
$1,030,000
4 Bed 3 Bath 2,410 sqft $427/sqft Built 2020 0.20 acres 2-Car Garage Pool THE PINNACLE AT GREAT HILLS

Epic Views! Luxury Living! Low Maintenance! This is not your average condo. Set in The Pinnacle, a gated enclave of just 13 residences, this 3-level home lives much more like a single-family residence, complete with an attached 2-car garage, generous living spaces, and views that show up on every level. The design was clearly built around the views, with oversized display windows, balcony access, and sightlines that pull in the Great Hills golf course, treetops, and Hill Country backdrop from the main living areas and bedrooms. The main level keeps things open and bright with rich wood flooring, a spacious living area, dining space, and a kitchen where the massive island takes center stage. With a gas cooktop and ceiling-mounted hood, it adds just the right amount of sophistication while keeping the space open, functional, and easy to gather around. The second level includes the primary suite with its own private balcony, ensuite bath, and a large walk-in closet with custom built-ins. A loft area and additional bedroom add flexibility for an office or guests. The third floor offers two more bedrooms, each with balcony access, giving everyone their own little front-row seat to the views. And the setting adds even more to the appeal. The Pinnacle sits adjacent to Great Hills Country Club and includes a social membership with access to the clubhouse, fitness center, pool, and community dog park. The HOA covers landscape maintenance, irrigation, and gated access, making this a great lock-and-leave option without giving up space, privacy, or that true home feel. Zoned to Hill Elementary, Murchison Middle, and Anderson High, this one brings the views, the convenience, and the lifestyle together in a pretty sweet Great Hills package. Buyer to verify all info.

At $427/sqft, this home is priced 9% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5717 Lost Horizon Dr #12, Austin, TX 78759

Property Details

Price $1,030,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths 1
Living Area 2,410 sqft
Lot Size 0.20 acres (8,712 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision THE PINNACLE AT GREAT HILLS
County Travis
Zip Code 78759
$/sqft $427/sqft
Days on Market ,
HOA $400/Monthly
Annual Tax Est. $19,657
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235925787
List Date June 12, 2026
Elementary School Hill
Middle School Murchison
High School Anderson
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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · June 12, 2026 $1,050,000
Previous ask $1,040,000
Current ask $1,030,000
▼ Reduced $20,000 (-1.9%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
6604 Strutton Cv
Great Hills Ph 02 Sec 01
$995,000 $312 4 bd / 4 ba 3,191 sqft , 2026-07-23
5101 Rain Creek Pkwy
Great Hills 8-A
$1,075,000 $446 3 bd / 3 ba 2,410 sqft , 2026-10-02
5709 Tahoma Pl
Sierra Oaks 03 Sec 02
$949,000 $331 4 bd / 3 ba 2,866 sqft , 2026-06-23
7403 BLUE BEACH Cv
GREAT HILLS XXIII
$1,130,000 $372 4 bd / 4 ba 3,041 sqft , 2026-06-12
9402 Bluegrass Dr
Great Hills 20
$899,000 $290 3 bd / 3 ba 3,100 sqft , 2026-03-02

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
$4,944/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
$206,000
20% conventional investment loan

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

Estimated Gross Rent+$4,944
Principal + Interest−$5,621
Property Tax (~2.1% TX avg)−$1,803
Insurance (~0.5%)−$429
Est. Monthly Cash Flow $-2,909

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 →