Active Listing  ·  97 days on market

5919 Idlewood Cv

Austin, TX 78745
$499,000
4 Bed 2 Bath 1,524 sqft $327/sqft Built 1974 0.16 acres Pool Flournoys Sweetbriar Sec 10

Welcome to 5919 Idlewood Cove — a beautifully remodeled 4 bed, 2 bath Austin retreat. This fully updated home blends modern style with comfort and functionality, offering a turnkey opportunity for investors, short-term rental operators, or buyers seeking a move-in ready home. Every detail has been thoughtfully refreshed, creating a warm and inviting atmosphere with updated finishes, stylish design touches, and comfortable living spaces throughout. The home comes fully furnished, and all furnishings can convey with the sale, making this an exceptional opportunity for immediate rental income or effortless move-in convenience. Adding even more versatility to the property is a charming one-room studio located in the backyard, capable of comfortably sleeping up to 8 guests. Perfect for maximizing income potential, hosting extended family and guests, or creating a private office or studio space, this additional living area makes the property truly stand out. Whether you’re looking to add to your investment portfolio, or simply enjoy a fully furnished remodeled home in Austin, this property offers incredible flexibility and value. Nestled on a quiet street, 5919 Idlewood Cove is conveniently located near shopping, dining, entertainment, and major Austin attractions. Don’t miss this rare opportunity to own a turnkey, income-producing property with bonus guest accommodations in one of Austin’s most desirable areas.

At $327/sqft, this home is 17% 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

5919 Idlewood Cv, Austin, TX 78745

Property Details

Price $499,000
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,524 sqft
Lot Size 0.16 acres (6,969.6 sqft)
Year Built 1974
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Flournoys Sweetbriar Sec 10
County Travis
Zip Code 78745
$/sqft $327/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,720.7
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230633835
List Date May 19, 2026
Elementary School Pleasant Hill
Middle School Bedichek
High School Crockett
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
1325 Central Park Ct
Central Park (Salem Center Resub Of Lt B-1)
$499,000 $330 3 bd / 3 ba 1,514 sqft , 2026-06-24
5616 S 1st St #18
Creekside Homes Condo
$499,000 $296 3 bd / 3 ba 1,687 sqft , 2026-07-29
900 Austin Highlands Blvd
Austin Highlands Sec 01
$500,000 $275 3 bd / 2 ba 1,816 sqft , 2026-07-31
1108 Gobi Dr
Oasis Village Sec 04
$490,000 $246 4 bd / 3 ba 1,994 sqft , 2026-08-13
304 Skyloop Dr
Buckingham Ridge Sec 02
$485,000 $343 3 bd / 2 ba 1,412 sqft , 2026-05-26

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
$2,395/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
$99,800
20% conventional investment loan

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

Estimated Gross Rent+$2,395
Principal + Interest−$2,723
Property Tax (~2.1% TX avg)−$873
Insurance (~0.5%)−$208
Est. Monthly Cash Flow $-1,409

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 July 1, 2026.

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