About This Home

Owner agent: Welcome to 5906 Nasco Drive, Austin, TX 78757 — a spacious single-story ranch pier and beam home built in 1952, perfectly situated on a generous 10,833 sq ft lot (approx. 0.25 acres) in the heart of one of North Central Austin’s most beloved neighborhoods.

This 1,878 sq ft home features 4 bedrooms and 2 full bathrooms, offering comfortable living space with classic mid-century charm and room to make it your own. An attached 1-car garage provides convenient parking and storage. The large, tree-shaded lot offers plenty of outdoor space for gardening, entertaining, or relaxing under mature oaks — a hallmark of Allandale living.

At $426/sqft, this home is priced 9% 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

5906 Nasco Dr, Austin, TX 78757

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Property Details

Price $799,999

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 1,878 sqft

Lot Size 0.25 acres (10,833.37 sqft)

Year Built 1952

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Allandale Sec 4

County Travis

Zip Code 78757

$/sqft $426/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $620

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT237098080

List Date July 20, 2026

Elementary School Gullett

Middle School Lamar (Austin ISD)

High School McCallum

School District ,

Have Questions About This Property?

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.

Schedule a Call →

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

17324 Cain Clearing Pass
Sweetwater Ranch Sec 2 Vlgs C $799,999 $330 4 bd / 4 ba 2,423 sqft , 2026-03-18

1806 Fortview Rd
Low Theodore Heights $799,999 $580 3 bd / 2 ba 1,380 sqft , 2026-07-06

802 El Viejo Camino None
Lake Ridge Estates Sec 01 $800,000 $376 3 bd / 2 ba 2,128 sqft , 2026-06-25

2204 Fair Oaks Dr
Southern Oaks Sec 03 $800,000 $384 4 bd / 3 ba 2,084 sqft , 2026-07-23

4604-1 Santa Anna St
Chernosky 07 $800,000 $381 4 bd / 4 ba 2,101 sqft , 2026-07-31

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

$3,840/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

$160,000

20% conventional investment loan

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

Estimated Gross Rent+$3,840

Principal + Interest−$4,366

Property Tax (~2.1% TX avg)−$1,400

Insurance (~0.5%)−$333

Est. Monthly Cash Flow $-2,259

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 →

Neighborhood Context

About Allandale

Allandale is North Central Austin's original family neighborhood - platted in the 1950s and shaped by decades of homeowners who chose it for its tree-lined streets, strong schools, and community identity. Bounded roughly by 45th Street to the south, Koenig Lane to the north, MoPac to the west, and Burnet Road to the east, it occupies one of Austin's most convenient locations.

The housing stock is predominantly 1950s to 60s brick ranch homes - modest footprints on generous lots, many with mature live oaks that took 60 years to grow. Renovated Allandale homes command significant premiums, while original-condition homes represent some of the last attainable entry points in North Central Austin. New custom construction is an increasing presence as teardown economics make sense at these lot values.

🍽️

Burnet Road Corridor

Allandale's eastern edge is lined with some of Austin's best independent restaurants, coffee shops, and bars. Uchi, Violet Crown Cinema, Foreign & Domestic, Epoch Coffee - all within walking distance of many Allandale addresses.

🌳

Mature Tree Canopy

Sixty years of live oak growth creates a canopy that makes Allandale feel noticeably cooler and quieter than newer Austin neighborhoods. The trees are a defining asset - and an Austin Heritage Tree protection means they're here to stay.

🏫

McCallum High School

McCallum is one of Austin ISD's most respected high schools - known for its Fine Arts Academy (one of the top performing arts magnet programs in Texas) and strong academics. It's a major draw for families with high school-age children.

🚶

Walkable Errands

Allandale residents walk to coffee, restaurants, a hardware store, and neighborhood shops on a regular basis. It's not a walk-everywhere neighborhood, but the Burnet Road corridor makes daily errands genuinely walkable from the eastern half of the neighborhood.

Full Allandale Guide →

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

5906 Nasco Dr