Active Listing  ·  29 days on market

5721 Trelawney Ln

Austin, TX 78739
$645,000
4 Bed 2 Bath 2,163 sqft $298/sqft Built 1997 0.17 acres 2-Car Garage Pool Circle C Ranch Ph B Sec 18

Here's what locals know about Circle C: it's one of those established Austin neighborhoods where people actually use the neighborhood! Kids bike to school, neighbors hit the trails, weekends include the pool, the Veloway or Circle C Metro Park, and everyday life is remarkably easy with H-E-B, Summer Moon, Tacodeli, District Kitchen, and Alamo Drafthouse all close by.

Tucked onto a quiet street just blocks from Kiker Elementary, 5721 Trelawney offers the kind of single-story layout that's increasingly hard to find. Wood floors, generous natural light and two living areas create comfortable, flexible spaces for everyday life. The primary suite is tucked privately at the back of the home, nicely separated from the secondary bedrooms, while the kitchen sits at the heart of it all with plenty of opportunity to imagine what could come next.

The home has been beautifully cared for and is in fantastic shape, giving its next owner the luxury of settling in now and making thoughtful updates over time. Add in mature trees, neighborhood pools, miles of trails and green space, plus the Lady Bird Johnson Wildflower Center practically in your backyard, and you begin to understand why people who know Circle C love living here.

At $298/sqft, this home is 24% 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

5721 Trelawney Ln, Austin, TX 78739

Property Details

Price $645,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 2,163 sqft
Lot Size 0.17 acres (7,200.47 sqft)
Year Built 1997
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Circle C Ranch Ph B Sec 18
County Travis
Zip Code 78739
$/sqft $298/sqft
Days on Market ,
HOA $529/Semi-Annually
Annual Tax Est. $12,540.37
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245425757
List Date September 9, 2026
Elementary School Kiker
Middle School Gorzycki
High School Bowie
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
6435 Old Harbor Ln
Circle C Ranch Ph B Sec 02
$649,999 $316 3 bd / 2 ba 2,057 sqft , 2026-05-11
5315 La Crosse 8 Ave
Cove at Circle C
$595,000 $243 4 bd / 4 ba 2,446 sqft , 2026-05-08
10817 Redmond Rd
Circle C Ranch Ph B Sec 3 Rep
$589,900 $283 3 bd / 2 ba 2,087 sqft , 2026-08-12
6225 Antigo Ln
Esquel Ph 01 Sec 02
$709,990 $334 3 bd / 3 ba 2,125 sqft , 2026-08-20
5315 La Crosse Ave #1
The Cove at Circle C- Avi Lacrosse Condos
$565,000 $269 3 bd / 3 ba 2,104 sqft , 2026-07-28

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
$3,096/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
$129,000
20% conventional investment loan

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

Estimated Gross Rent+$3,096
Principal + Interest−$3,520
Property Tax (~2.1% TX avg)−$1,129
Insurance (~0.5%)−$269
Est. Monthly Cash Flow $-1,822

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 7, 2026.

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