Active Listing  ·  171 days on market

5912 Corrine Ln

Austin, TX 78747
$409,990
3 Bed 3 Bath 1,533 sqft $267/sqft Built 2017 0.10 acres 2-Car Garage Pool Goodnight Ranch Ph 1 Sec 2

Welcome home to this beautifully designed 3 bedroom, 3 full bath residence that blends comfort, style, and thoughtful upgrades throughout. From the moment you step inside, you’ll appreciate the wood-look tile flooring throughout the home, offering warmth, durability, and easy maintenance, along with Lutron lighting for smart, customizable control and enhanced ambiance.

The open living space features a custom built-in entertainment center, creating an inviting focal point ideal for relaxing evenings or entertaining guests. The gourmet kitchen is designed with the home chef in mind, featuring quality finishes, generous workspace, and a convenient bonus utensil drawer beneath the cooktop, a smart detail that elevates everyday cooking.

All three bedrooms are well-sized, with three full bathrooms providing flexibility and privacy for family and guests. The laundry room offers extra storage space, keeping everything organized and functional.

The finished garage is equally impressive, complete with polyurea flooring, cabinets, and wall-mounted storage, ideal for hobbies or additional storage needs.

This home also includes a full sprinkler system to keep the landscaping looking its best, as well as gutters and downspouts at both the front and back of the home for ample water removal and added peace of mind. An alarm system with sensors on all windows and doors, plus cameras at the front and back of the house, provides enhanced security and comfort.

Outdoor living is just as inviting, featuring a side porch landing, sitting area, perfect for morning coffee or evening relaxation. A beautiful pathway leads to the landscaped backyard, where a comfortable sitting area invites outdoor enjoyment and entertaining.

This home seamlessly combines modern technology, functional upgrades, and inviting indoor and outdoor spaces, making it a place you’ll be proud to call home.

At $267/sqft, this home is 32% 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

5912 Corrine Ln, Austin, TX 78747

Property Details

Price $409,990
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,533 sqft
Lot Size 0.10 acres (4,373.42 sqft)
Year Built 2017
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Goodnight Ranch Ph 1 Sec 2
County Travis
Zip Code 78747
$/sqft $267/sqft
Days on Market ,
HOA $40/Monthly
Annual Tax Est. $7,180.12
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221478915
List Date March 6, 2026
Elementary School Blazier
Middle School Paredes
High School Akins
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.

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
6316 Lautner Ln
Twilight Condominiums at Goodnight Ranch
$409,990 $203 3 bd / 3 ba 2,015 sqft , 2026-07-24
6403 Lautner Ln
Twilight Condominiums at Goodnight Ranch
$404,990 $199 3 bd / 3 ba 2,039 sqft , 2026-07-14
6405 Lautner Ln
Twilight Condominiums at Goodnight Ranch
$403,660 $217 3 bd / 3 ba 1,864 sqft , 2026-08-21
5714 Forks Rd
Goodnight Ranch
$401,800 $230 2 bd / 2 ba 1,747 sqft , 2026-08-09
8901 Panhandle Dr
Goodnight Ranch Ph 1 Sec 3
$400,000 $253 3 bd / 3 ba 1,584 sqft , 2026-05-22

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
$1,968/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
$81,998
20% conventional investment loan

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

Estimated Gross Rent+$1,968
Principal + Interest−$2,237
Property Tax (~2.1% TX avg)−$717
Insurance (~0.5%)−$171
Est. Monthly Cash Flow $-1,157

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 April 19, 2026.

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