Active Listing  ·  1 day on market

5919 Kevin Kelly Pl

Austin, TX 78727
$299,900
2 Bed 2 Bath 920 sqft $326/sqft Built 1984 0.08 acres Pool Milwood Sec 15-A

Welcome home to 5919 Kevin Kelly Pl, a charming house has comfortable living in a manageable space. This home features two ample bedrooms with large closets, an awesome additional room with built-in shelves, and a luxurious vaulted living space. The bright open breakfast area is open to the living room and looks out your French doors onto your private patio. House has one full bathroom with a gorgeous modern zero threshold shower. An additional half bathroom for guests affords the ultimate privacy. The living area encompasses 920 square feet, offering a cozy environment that's easy to maintain but feels much more spacious. Situated on a 0.08-acre lot, the property provides a modest outdoor space for your enjoyment with installed undergrounds sprinklers. Neighborhood has private greenbelt trails and this house has a back gate to the greenbelt with a gorgeous creek but is not in the floodplain. Whether you're looking to unwind indoors or take in the fresh air outdoors, this house accords a great balance of both. The layout ensures efficient use of space, and the location accords easy access to local amenities. Explore the potential of this property and envision your new beginning at 5919 Kevin Kelly Pl.

At $326/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 Kevin Kelly Pl, Austin, TX 78727

Property Details

Price $299,900
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 920 sqft
Lot Size 0.08 acres (3,484.8 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Milwood Sec 15-A
County Travis
Zip Code 78727
$/sqft $326/sqft
Days on Market ,
HOA $50/Monthly
Annual Tax Est. $5,919
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249145861
List Date October 7, 2026
Elementary School Jollyville
Middle School Canyon Vista
High School Westwood
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
13009 Pollard Dr
Milwood Sec 15-A
$330,000 $303 3 bd / 2 ba 1,089 sqft , 2026-08-27
5905 Jacob Gln
Milwood Sec 15-A
$220,000 $202 3 bd / 2 ba 1,089 sqft , 2026-09-10

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
$59,980
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 October 8, 2026.

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