Active Listing  ·  129 days on market

5905 Adair Dr

Austin, TX 78754
$315,000
3 Bed 3 Bath 2,515 sqft $125/sqft Built 2012 0.21 acres 2-Car Garage Pool Stirling Bridge Sec 03

Priced to sell quick. Two-story home offering generous living space and an extra-large backyard—perfect for relaxing, entertaining, and enjoying the outdoors. Ideally located just north of Austin, this property provides quick access to major roads, top employers, and all the conveniences of city living. At the front of the home, you’ll find a charming covered porch, a two-car garage, and an inviting balcony with peaceful community views. Step inside to a spacious foyer that sets the tone for the rest of the home. To your left, elegant double doors lead to a dedicated office—ideal for remote work or a quiet study space. Continue into the expansive living room, seamlessly connected to a the galley kitchen. This open-concept layout is perfect for gathering with family and entertaining guests. Head upstairs to an impressively large game room/second living area—a wonderful retreat for movies, games, or relaxation. The thoughtful MIL-style floor plan adds extra privacy for the owner’s suite. All bedrooms feature ceiling fans and roomy sliding-door closets. The primary suite is a true highlight, boasting a beautiful coffered ceiling, private balcony access, and an enormous walk-in closet that feels like its own room. The spacious primary bathroom includes double vanities, a soaking tub, a separate walk-in shower, a private toilet area, and plenty of natural light. Step outside to your covered patio overlooking an oversized backyard with no rear neighbors—your own peaceful, private oasis.

At $125/sqft, this home is 68% 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

5905 Adair Dr, Austin, TX 78754

Property Details

Price $315,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,515 sqft
Lot Size 0.21 acres (9,016.92 sqft)
Year Built 2012
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Stirling Bridge Sec 03
County Travis
Zip Code 78754
$/sqft $125/sqft
Days on Market ,
HOA $700/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232168686
List Date June 1, 2026
Elementary School Bluebonnet Trail
Middle School Manor (Manor ISD)
High School Manor
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 · June 1, 2026 $340,000
Previous ask $330,000
Current ask $315,000
▼ Reduced $25,000 (-7.4%) 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
12312 Granton Cv
Edinburgh Gardens Sec 01
$319,000 $148 4 bd / 3 ba 2,160 sqft , 2026-09-30
6706 Carisbrooke Ln
Harris Branch Ph 01-A Sec 03
$319,000 $166 4 bd / 3 ba 1,924 sqft , 2026-10-01
6229 Minnoch Ln
Thornbury Ii Sec 6
$325,000 $141 4 bd / 3 ba 2,305 sqft , 2026-09-08
11737 Rydalwater Ln
Harris Branch Ph 01-A Sec 02
$329,750 $164 3 bd / 2 ba 2,016 sqft , 2026-05-07
11209 Drumellan St
Thornbury Sec 01
$329,900 $163 3 bd / 3 ba 2,020 sqft , 2026-10-02

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
$1,512/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
$63,000
20% conventional investment loan

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

Estimated Gross Rent+$1,512
Principal + Interest−$1,719
Property Tax (~2.1% TX avg)−$551
Insurance (~0.5%)−$131
Est. Monthly Cash Flow $-889

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 →