Active Listing  ·  11 days on market

5820 Harper Park Dr #56

Austin, TX 78735
$695,000
4 Bed 4 Bath 2,682 sqft $259/sqft Built 2020 0.23 acres 2-Car Garage Pool Harper Park Condos

Gorgeously designed and immaculately taken care of David Weekley nestled in quiet community oriented Harper Park yet 15 mins to downtown, Zilker Park, trails, SOCO and SOLA! This home blends a sense of comfort, a timeless soft modern aesthetic and you will love how brand new it still feels! A wonderful floorplan starts with the primary suite and office downstairs along with a centralized living, dining and kitchen experience. Three generous bedrooms and a large second living upstairs provide plenty of options to grow through life's changes. Tasteful and quality finishes emanate throughout making it incredibly easy to simply move in and start living. The low maintenance xeriscaped back yard, a large shaded patio and backing up to the community pool offer plenty of relaxation or entertainment options.

Wood and mosaic tile floors - 100% hard surface flooring • Oil rubbed bronze or Matte black fixtures • Luxe kitchen with quartz counters, Blanco silgranit sink, shaker cabinets • Upgraded West Elm light fixtures • Oversized closets throughout • Huge wall span closet system in secondary bedroom upstairs • Tankless water heater • Mudroom bench with shoe storage • Reverse Osmosis Filtration system • Stucco and hardiplank exterior

At $259/sqft, this home is 34% 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

5820 Harper Park Dr #56, Austin, TX 78735

Property Details

Price $695,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths 1
Living Area 2,682 sqft
Lot Size 0.23 acres (10,179.97 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Harper Park Condos
County Travis
Zip Code 78735
$/sqft $259/sqft
Days on Market ,
HOA $204/Monthly
Annual Tax Est. $10,778.09
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT235603171
List Date August 13, 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.

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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
7136 Ridge Oak Rd
Legend Oaks Sec 07
$639,000 $253 3 bd / 3 ba 2,527 sqft , 2026-06-19
6008 Smith Oak Trl
WESTCREEK SEC 2
$635,000 $364 3 bd / 2 ba 1,746 sqft , 2026-08-19
5820 Harper Park Dr #43
Harper Park
$630,000 $289 3 bd / 3 ba 2,177 sqft , 2026-08-19
5400 Honey Dew Ter
Westcreek Ph 03 Sec 03
$619,000 $346 3 bd / 2 ba 1,789 sqft , 2026-04-24
5645 Oak Blvd
Cullen Resub Oak Acres
$799,000 $416 3 bd / 2 ba 1,922 sqft , 2026-08-24

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
$3,336/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
$139,000
20% conventional investment loan

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

Estimated Gross Rent+$3,336
Principal + Interest−$3,793
Property Tax (~2.1% TX avg)−$1,216
Insurance (~0.5%)−$290
Est. Monthly Cash Flow $-1,963

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 August 14, 2026.

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