Active Listing  ·  35 days on market

5907 Shanghai Pierce Rd

Austin, TX 78749
$475,000
3 Bed 2 Bath 1,356 sqft $350/sqft Built 1988 0.18 acres 2-Car Garage Pool Legend Oaks Ph A Sec 03a

Welcome to your next chapter in the coveted Legend Oaks community! This inviting South Austin residence seamlessly blends comfort, elegance, and location. Venture inside to discover soaring ceilings in the formal dining and living areas, creating a grand first impression. Expansive windows fill the home with natural light, enhancing its warm and welcoming feel throughout. At the heart of the home lies a spacious kitchen—ready for your personal touch—flowing effortlessly into a generous family room. Enjoy cozy evenings by the fireplace or take in serene views of the tree-shaded backyard, offering the perfect setting for indoor-outdoor living. All bedrooms are thoughtfully located on the first floor, including a spacious primary suite featuring luxurious dual vanities and an oversized closets. Outside, the backyard offers a peaceful, private retreat under a canopy of mature trees—ideal for entertaining or simply unwinding. There's plenty of room to customize and create the outdoor space of your dreams. As part of the Legend Oaks community, you’ll enjoy access to amenities including a sparkling pool, playground, park, and scenic greenbelt trails. With quick access to Mopac, you're just minutes from downtown Austin and Austin-Bergstrom International Airport. Nearby hotspots like Costco, Whole Foods, Alamo Drafthouse, and Summermoon Coffee ensure that convenience is never far away. Don’t miss this rare opportunity to own a spacious home with character, community perks, and unbeatable access to everything South Austin has to offer!

At $350/sqft, this home is 11% 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

5907 Shanghai Pierce Rd, Austin, TX 78749

Property Details

Price $475,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,356 sqft
Lot Size 0.18 acres (7,797.24 sqft)
Year Built 1988
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Legend Oaks Ph A Sec 03a
County Travis
Zip Code 78749
$/sqft $350/sqft
Days on Market ,
HOA $600/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243939912
List Date August 19, 2026
Elementary School Patton
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
7703 Copperas Dr
Maple Run Sec 01
$475,000 $320 3 bd / 2 ba 1,485 sqft , 2026-08-28
6010 Morning Dew Dr
Westcreek Sec 2
$479,000 $300 3 bd / 2 ba 1,598 sqft , 2026-05-22
5509 Porsche Ln
Westcreek Ph 03 Sec 05
$450,000 $319 3 bd / 2 ba 1,411 sqft , 2026-07-24
8009 Nairn Dr
Maple Run Sec 09
$539,000 $299 3 bd / 2 ba 1,804 sqft , 2026-08-01
6101 Sun Vista Dr
Westcreek Sec 02
$545,000 $336 3 bd / 2 ba 1,620 sqft , 2026-06-04

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
$2,280/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
$95,000
20% conventional investment loan

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

Estimated Gross Rent+$2,280
Principal + Interest−$2,592
Property Tax (~2.1% TX avg)−$831
Insurance (~0.5%)−$198
Est. Monthly Cash Flow $-1,341

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 September 17, 2026.

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