Active Listing  ·  106 days on market

5801 Leckrone Cv

Austin, TX 78735
$947,000
5 Bed 4 Bath 3,540 sqft $268/sqft Built 2008 0.22 acres 2-Car Garage Pool Lantana Sec 04

Rarely do you find this much space, privacy, and flexibility in Lantana.

Situated on a quiet cul-de-sac and backing to a peaceful greenbelt, this 5-bedroom, 4-bath home offers over 3,500 square feet designed for the way families actually live. The primary suite is privately located downstairs while four additional bedrooms, multiple living areas, and flexible bonus spaces upstairs provide room for growing families, guests, home offices, or multigenerational living.

The soaring ceilings and oversized windows flood the home with natural light, creating an open and inviting feel from the moment you walk in. The kitchen flows effortlessly into the main living area, making it perfect for everyday life or entertaining.

Step outside to enjoy relaxing greenbelt views with no immediate neighbors behind you, giving you privacy that's increasingly difficult to find in Southwest Austin.

Located just minutes from downtown Austin, shopping, dining, hiking trails, and highly desirable Austin ISD schools, this home combines convenience with the quiet lifestyle buyers are searching for.

At $268/sqft, this home is 31% 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

5801 Leckrone Cv, Austin, TX 78735

Property Details

Price $947,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,540 sqft
Lot Size 0.22 acres (9,748.73 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Lantana Sec 04
County Travis
Zip Code 78735
$/sqft $268/sqft
Days on Market ,
HOA $75/Quarterly
Annual Tax Est. $16,280.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT227074552
List Date April 20, 2026
Elementary School Oak Hill
Middle School Small
High School Austin
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 →

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 · April 20, 2026 $997,500
Current ask $947,000
Reduced $50,500 (-5.1%) 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
219 Varco Dr
Ridge At Alta Vista Resub
$947,000 $245 4 bd / 4 ba 3,866 sqft , 2026-05-22
9500 Corbe Dr
Canyon Creek Sec 29
$948,800 $260 5 bd / 4 ba 3,649 sqft , 2026-07-29
145 Cistern Way
Parten Ranch Ph 1
$945,000 $204 4 bd / 5 ba 4,640 sqft , 2026-03-18
10400 Roy Butler Dr
Avery Ranch North Sec 01 Pud Amd
$945,000 $238 5 bd / 4 ba 3,976 sqft , 2026-04-23
13306 Montview Dr
Montview Acres
$945,000 $286 4 bd / 3 ba 3,300 sqft , 2026-05-14

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
$4,546/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
$189,400
20% conventional investment loan

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

Estimated Gross Rent+$4,546
Principal + Interest−$5,168
Property Tax (~2.1% TX avg)−$1,657
Insurance (~0.5%)−$395
Est. Monthly Cash Flow $-2,674

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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