Active Listing  ·  14 days on market

5802 Cannonade Ct

Austin, TX 78746
$1,995,000
4 Bed 4 Bath 3,286 sqft $607/sqft Built 1984 0.31 acres 2-Car Garage Pool Davenport Ranch Ph 01 Sec 01

Great opportunity to get into Westlake for under $2 million, especially for a home that is this well done and truly move-in ready. Thoughtful updates were completed in both 2015 and 2020, including opening up and reworking the kitchen, beautifully updating the baths and adding an additional bedroom upstairs. The result is a home that feels fresh, comfortable and incredibly easy to live in.

And then there’s the backyard. It is hard to find a property anywhere in Westlake that gives you a pool, a full sport court AND still leaves plenty of usable yard for kids, pets, entertaining or just enjoying the outdoors. It is one of those backyards that actually gets used and makes this home especially hard to duplicate.

Inside, the primary suite is on the main level along with the kitchen, dining and living spaces, all with an easy, open flow. Upstairs are three additional bedrooms, two full baths, a game room and an oversized laundry room with plenty of extra space.

More than anything, this house just feels good. It is warm, inviting, charming and comfortable without trying too hard. Everything has been updated and cared for, so the next owner can simply move in and start enjoying it.

The home is vacant and easy to show. We are happy to accommodate showings most anytime.

At $607/sqft, this home is priced 54% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5802 Cannonade Ct, Austin, TX 78746

Property Details

Price $1,995,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 3,286 sqft
Lot Size 0.31 acres (13,634.28 sqft)
Year Built 1984
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Davenport Ranch Ph 01 Sec 01
County Travis
Zip Code 78746
$/sqft $607/sqft
Days on Market ,
HOA $800/Annually
Annual Tax Est. $12,473.08
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT245839664
List Date September 8, 2026
Elementary School Bridge Point
Middle School Hill Country
High School Westlake
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
3807 Toro Canyon Rd #8
Greene At Toro Canyon Condo
$1,750,000 $543 4 bd / 4 ba 3,225 sqft , 2026-09-21
5901 Round Table Cv
Davenport Ranch Ph 01 Sec 03
$1,475,000 $493 4 bd / 4 ba 2,993 sqft , 2026-09-19
4800 Mantle Dr
Bull Mountain Ph 04 Sec 01
$2,599,000 $728 4 bd / 4 ba 3,569 sqft , 2026-04-16
6101 Gun Bow Ct
Davenport Ranch Ph 01 Sec 01
$1,300,000 $515 3 bd / 3 ba 2,522 sqft , 2026-09-15

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
$9,576/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
$399,000
20% conventional investment loan

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

Estimated Gross Rent+$9,576
Principal + Interest−$10,888
Property Tax (~2.1% TX avg)−$3,491
Insurance (~0.5%)−$831
Est. Monthly Cash Flow $-5,634

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 12, 2026.

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