Active Listing  ·  58 days on market

5917 Red Bud Ridge Ln #20

Austin, TX 78744
$299,999
3 Bed 3 Bath 1,479 sqft $203/sqft Built 2013 0.11 acres 2-Car Garage Pool Arbor Ridge Condo Amd

Detached home with a private backyard + 2-car garage + gated community.! The open-concept floor plan features a spacious living area and a kitchen with granite countertops, stainless steel appliances, ample cabinetry, and a pantry. Enjoy a true backyard with a wood deck, providing nearly 100 sq ft of additional outdoor living space. Recent updates include new ceiling fans and upgraded light fixtures throughout. HOA covers all landscaping and lawn care, making this a true lock-and-leave home. Conveniently located within walking distance of Dove Springs Recreation Center with its pool, park, trails, and sports courts, and just minutes from the St Elmo's District with shopping, breweries, restaurants. Also close to Downtown Austin, Austin-Bergstrom International Airport, and Tesla.

At $203/sqft, this home is 48% below the Austin active market average of $393/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5917 Red Bud Ridge Ln #20, Austin, TX 78744

Property Details

Price $299,999
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,479 sqft
Lot Size 0.11 acres (4,930.99 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Arbor Ridge Condo Amd
County Travis
Zip Code 78744
$/sqft $203/sqft
Days on Market ,
HOA $218.3/Monthly
Annual Tax Est. $5,802.17
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238109242
List Date July 26, 2026
Elementary School Widen
Middle School Mendez
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.

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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 · July 26, 2026 $315,000
Previous ask $305,000
Current ask $299,999
Reduced $15,001 (-4.8%) 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
5005 Creek Bend Dr
Creek Bend Sec 01
$302,000 $231 4 bd / 1 ba 1,308 sqft , 2026-07-03
5436 Juniper Junction Ln #83
Arbor Ridge Condo Amd
$289,500 $196 3 bd / 3 ba 1,479 sqft , 2026-09-03
5308 Meadow Crst
Williamson Creek Sec 02
$285,000 $192 3 bd / 2 ba 1,486 sqft , 2026-08-04
5000 Fontenay Dr
Nuckles Crossing Sec 02
$315,000 $210 4 bd / 2 ba 1,503 sqft , 2026-08-06
4808 Brook Crest Rd
Williamson Creek Sec 01-A
$280,000 $277 3 bd / 2 ba 1,012 sqft , 2026-09-01

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
$1,440/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
$60,000
20% conventional investment loan

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

Estimated Gross Rent+$1,440
Principal + Interest−$1,637
Property Tax (~2.1% TX avg)−$525
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-847

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 22, 2026.

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