Active Listing  ·  22 days on market

5819 Westslope Dr

Austin, TX 78731
$2,799,000
4 Bed 4 Bath 4,012 sqft $698/sqft Built 2021 0.31 acres 2-Car Garage Pool Cat Mountain Villas Sec 03B

Located in the sought-after Cat Mountain section of Northwest Hills, this 2021 Paradisa-built home earns its place on the Austin skyline. Offering 4 bedrooms, 3.5 baths, 2 living areas and a flex space, the home balances scale, function, and intentional design throughout. Bathed in natural light, the home features dramatic floor-to-ceiling windows that frame subtle glimpses of Lake Austin. 10ft Fleetwood doors extend the living experience outdoors. A front-facing deck wraps the main living area, setting a striking first impression before you even step inside. Inside, the kitchen, living, and dining spaces flow seamlessly together; generous in scale and ideal for everyday living and entertaining. The chef's kitchen is anchored by a full Thermador appliance suite, including dual dishwashers, dual sinks, 2.5 ovens, and an oversized wine refrigerator, with a tucked-away butler's pantry providing additional prep and storage. A downstairs secondary living area opens directly to a fully gated yard. A dedicated office with a custom-built Murphy bed and closet offers a true 5th-bedroom option. The primary suite occupies its own level, featuring a private balcony and sweeping skyline views that fully capture the essence of Austin living. Enjoy a spa-inspired bathroom with a walk-in shower, separate soaking tub, dual vanities, and a closet one dreams of. Above it all, the rooftop terrace delivers a fully unobstructed view of the skyline and Lake Austin. Outdoors, the heated pool and spa are paired with convenient access to the pool bath and framed by sleek glass railings. A full outdoor kitchen, complete with a gas grill, smoker, and refrigerator, anchors the entertaining deck, creating a true extension of the home. Zoned to Highland Park Elementary and located in one of Austin's most established neighborhoods, this Cat Mountain residence blends views, versatility, and elevated design in a way that is rarely available.

At $698/sqft, this home is priced 79% 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

5819 Westslope Dr, Austin, TX 78731

Property Details

Price $2,799,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 4,012 sqft
Lot Size 0.31 acres (13,355.5 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cat Mountain Villas Sec 03B
County Travis
Zip Code 78731
$/sqft $698/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $37,090.84
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239756942
List Date July 13, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
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
501 West Ave #3403
5th and West Building
$2,800,000 $992 3 bd / 4 ba 2,822 sqft , 2026-02-11
4504 Small Dr
Northwest Hills
$2,795,000 $739 4 bd / 4 ba 3,783 sqft , 2026-07-22
111 Sailfish St
Lakeway Sec 01
$2,760,000 $746 3 bd / 3 ba 3,698 sqft , 2026-04-21
7724 Lynchburg Dr
Belvedere Ph 01
$2,845,000 $557 4 bd / 5 ba 5,107 sqft , 2026-03-19
3006 Washington Sq
Allen J B
$2,750,000 $816 4 bd / 4 ba 3,371 sqft , 2026-02-26

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
$13,435/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
$559,800
20% conventional investment loan

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

Estimated Gross Rent+$13,435
Principal + Interest−$15,275
Property Tax (~2.1% TX avg)−$4,898
Insurance (~0.5%)−$1,166
Est. Monthly Cash Flow $-7,904

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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