Active Listing  ·  171 days on market

5900 Moondust Ln

Austin, TX 78730
$2,299,000
5 Bed 7 Bath 4,455 sqft $516/sqft Built 2025 0.62 acres 3-Car Garage Pool Milky Way/River Place Condos

Welcome to Milky Way at River Place, one of Austin's most prestigious neighborhoods. This modern masterpiece has it all with 4,455 square feet perched on an oversized corner lot. 5 bedrooms, 5 full bathrooms plus 2 powder rooms, private study, game room, workspace area and media room with wet bar, cabinetry and beverage center. The pool, Jacuzzi and outdoor kitchen area are perfect for entertaining. The designer kitchen showcases 63-inch soft-close cabinetry, a professional JennAir dual-fuel range, walk-in pantry with wine storage and quartz countertops. An oversized island offers bar seating and additional prep space. Beautiful wood flooring, recessed lighting, and an open layout create the perfect blend of elegance and everyday function, seamlessly connecting to the dining areas and family room. The grand primary suite is located on the main floor and offers elegant finishes, abundant natural light and seamlessly connects to the spa-inspired bathroom and walk-in closet. The vaulted ceilings and decorative beam details add warmth and character. Some upgrades made by the owner include, epoxy on the garage flooring, window tint, automatic curtains and the addition of 10 Cherry Laurel trees and a Sabal Palm tree in the yard. Residents enjoy access to some of the area's top schools, including River Place Elementary and Vandegrift High School. Nearby amenities include Sun Tree Park, River Place Country Club, and miles of scenic greenbelt trails. The community is also just minutes from Broadcom's Austin campus, along with a wealth of other major tech employers in the Four Points area. Residents have access to a private marina for swimming, boating, waterskiing, and other activities on the lake. At the River Place Country Club, residents can play golf or tennis, enjoy the fitness center, massage facility, swimming pool, and dining room. River Place Country Club 1.4 mi, River Place Nature Trail 2.3 mi, Bull Creek District Park 3.6, Quarry Lake 6.3 mi, Sun Tree Park 1.2 mi.

At $516/sqft, this home is priced 32% 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

5900 Moondust Ln, Austin, TX 78730

Property Details

Price $2,299,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 2
Living Area 4,455 sqft
Lot Size 0.62 acres (26,946.22 sqft)
Year Built 2025
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Milky Way/River Place Condos
County Travis
Zip Code 78730
$/sqft $516/sqft
Days on Market ,
HOA $176/Monthly
Annual Tax Est. $3,570.13
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT219118212
List Date February 14, 2026
Elementary School River Place
Middle School Four Points
High School Vandegrift
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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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 · February 14, 2026 $2,399,000
Current ask $2,299,000
Reduced $100,000 (-4.2%) 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
1403 Barton Hills Dr #1
Barton Terrace Sec 04
$2,300,000 $735 5 bd / 5 ba 3,130 sqft , 2025-12-24
4001 Tejon Cir
Vista Grande Sec 02
$2,295,000 $411 4 bd / 6 ba 5,588 sqft , 2026-03-24
1910 Crooked Ln
Colorado Hills Estates Sec 02
$2,295,000 $537 4 bd / 5 ba 4,276 sqft , 2026-05-08
1005 W Johanna St
Bouldin James E Add
$2,295,000 $717 4 bd / 4 ba 3,200 sqft , 2026-06-15
4501 Spanish Oaks Club Blvd #9
Spanish Oaks
$2,290,000 $662 4 bd / 3 ba 3,458 sqft , 2025-11-03

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
$11,035/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
$459,800
20% conventional investment loan

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

Estimated Gross Rent+$11,035
Principal + Interest−$12,547
Property Tax (~2.1% TX avg)−$4,023
Insurance (~0.5%)−$958
Est. Monthly Cash Flow $-6,493

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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