Active Listing  ·  337 days on market

5717 Lost Horizon Dr #2

Austin, TX 78759
$1,790,000
6 Bed 6 Bath 3,756 sqft $477/sqft Built 2025 0.58 acres 2-Car Garage Pool Pinnacle at Great Hills

Perched above the treetops with stunning Hill Country views, this exceptional three-level home offers a lifestyle of relaxation and connection. Featuring two primary suites - one conveniently located on the main level - plus a designated office, three additional bedrooms, six full baths and a powder room.

Enjoy open living spaces, a wet bar, wine closet, and multiple balconies designed for entertaining or unwinding with the view. Located on just over half an acre in a gated enclave of only 13 homesites, residents enjoy privacy and access to nearby country club amenities including golf, dining and recreation.

Appliances convey. The two-car garage features an epoxy finish for a clean, durable touch. A rare opportunity to enjoy refined living surrounded by the natural beauty of the Great Hills of Austin. Discover the elegance of 5717 Lost Horizon Dr, Unit 2 - a perfect lock-and-leave retreat in a premier gated setting.

At $477/sqft, this home is priced 22% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5717 Lost Horizon Dr #2, Austin, TX 78759

Property Details

Price $1,790,000
Status Active Listing
Beds 6
Full Baths 5
Half Baths 1
Living Area 3,756 sqft
Lot Size 0.58 acres (25,356.28 sqft)
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Pinnacle at Great Hills
County Travis
Zip Code 78759
$/sqft $477/sqft
Days on Market ,
HOA $400/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT210519536
List Date November 6, 2025
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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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
6905 Rudi Cv
Great Hills Ph 02 Sec 02 Amd
$1,695,000 $457 5 bd / 4 ba 3,705 sqft , 2026-06-15
7319 Yaupon Dr
GREAT HILLS SEC 29
$1,475,000 $363 5 bd / 4 ba 4,058 sqft , 2026-08-17

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
$8,592/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
$358,000
20% conventional investment loan

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

Estimated Gross Rent+$8,592
Principal + Interest−$9,769
Property Tax (~2.1% TX avg)−$3,133
Insurance (~0.5%)−$746
Est. Monthly Cash Flow $-5,056

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 March 9, 2026.

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