About This Home

Come see this one again! New Price! New flooring in main bedroom and secondary bedroom. Beautifully appointed home in the Village at Western Oaks. The home features 3 bedrooms, 2 bathrooms, Large center island made of recycled glass, custom kitchen cabinets, built in shelving in the living area, mother in-law floor plan, solar panels (owned), large covered patio, private back yard located on a corner lot in a cul-de-sac. Great schools, easy walk to Mills Elementary, located on a circle street with low vehicle traffic. Easy access to Loop 1, 10-15 minutes to downtown Austin.

At $342/sqft, this home is 13% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5815 Lomita Verde Cir, Austin, TX 78749

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Property Details

Price $589,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,723 sqft

Lot Size 0.17 acres (7,300.66 sqft)

Year Built 1998

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Village At Western Oaks Sec 33

County Travis

Zip Code 78749

$/sqft $342/sqft

Days on Market ,

HOA $375/Semi-Annually

Annual Tax Est. $10,997.24

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT241238902

List Date July 25, 2026

Elementary School Mills

Middle School Gorzycki

High School Bowie

School District ,

Have Questions About This Property?

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 · July 25, 2026 $599,500

Previous ask $589,500

Current ask $589,000

▼ Reduced $10,500 (-1.8%) 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

5660 Wagon Train Rd
Village At Western Oaks 09 $589,000 $293 3 bd / 3 ba 2,012 sqft , 2026-06-01

6661 Ruxton Ln
Circle C Ranch Ph A Sec 01 $589,000 $315 3 bd / 2 ba 1,867 sqft , 2026-07-02

5958 Salcon Cliff Dr
Village At Western Oaks Sec 15-a $585,000 $330 3 bd / 2 ba 1,772 sqft , 2026-07-30

9123 Fainwood Ln
Circle C Ranch Ph A Sec 01 $579,990 $344 3 bd / 2 ba 1,687 sqft , 2026-08-03

9201 La Siesta Bnd
Village At Western Oaks Sec 16 $575,000 $293 4 bd / 2 ba 1,960 sqft , 2026-05-26

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

$2,827/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

$117,800

20% conventional investment loan

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

Estimated Gross Rent+$2,827

Principal + Interest−$3,214

Property Tax (~2.1% TX avg)−$1,031

Insurance (~0.5%)−$245

Est. Monthly Cash Flow $-1,663

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

About the Author

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 August 23, 2026.

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

5815 Lomita Verde Cir