Active Listing  ·  1 day on market

5820 Ronee Leah Dr

Austin, TX 78724
$285,000
4 Bed 2 Bath 1,702 sqft $167/sqft Built 2019 2-Car Garage Pool TIERMO

Welcome to 5820 Ronee Leah Dr, a charming 4-bedroom, 2-bathroom home offering 1,702 SqFt of comfortable living space in Austin, TX. Designed with a functional and inviting layout, this home features spacious bedrooms, well-appointed bathrooms, and bright living areas filled with natural light. The open-concept living space provides a comfortable setting for both everyday living and entertaining. Conveniently located near shopping, dining, schools, parks, and major roadways, this home offers a great combination of comfort, convenience, and accessibility. Don’t miss the opportunity to make this wonderful Austin property your new home! All information provided is deemed reliable but not guaranteed. Buyers are advised to independently verify all information.

At $167/sqft, this home is 57% 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

5820 Ronee Leah Dr, Austin, TX 78724

Property Details

Price $285,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,702 sqft
Lot Size ,
Year Built 2019
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision TIERMO
County Travis
Zip Code 78724
$/sqft $167/sqft
Days on Market ,
HOA $60/Quarterly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248259481
List Date October 1, 2026
Elementary School Gilbert
Middle School Dailey
High School Del Valle
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
15217 Bullace St
Forest Bluff Sec 05
$284,000 $145 4 bd / 3 ba 1,952 sqft , 2026-07-27
15210 Wideleaf Cv
Forest Bluff Sec 05
$289,000 $177 3 bd / 2 ba 1,630 sqft , 2026-06-05
5901 Berriweather Dr
Tiermo
$293,000 $159 4 bd / 3 ba 1,846 sqft , 2026-07-03
5712 Xene Dr
Gilbert Lane
$276,500 $189 3 bd / 2 ba 1,464 sqft , 2026-07-31
5721 Brampton Ln
TIERMO
$275,000 $201 3 bd / 2 ba 1,370 sqft , 2026-09-01

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
$1,368/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
$57,000
20% conventional investment loan

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

Estimated Gross Rent+$1,368
Principal + Interest−$1,555
Property Tax (~2.1% TX avg)−$499
Insurance (~0.5%)−$119
Est. Monthly Cash Flow $-805

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 October 1, 2026.

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