About This Home

Beautifully maintained single-story home offering 4 bedrooms, 2 bathrooms, and over 2,000 square feet of thoughtfully designed living space. The primary suite offers a walk-in closet and private bath, while three additional bedrooms provide flexibility for guests, a home office, or hobbies. Enjoy the energy savings of owned solar panels, a covered back patio, and a low-maintenance backyard. Conveniently located just minutes from Downtown Austin, Tesla, ABIA, major highways, shopping, dining, and neighborhood parks. Solar panels.

At $152/sqft, this home is 61% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5920 Montrelia Dr, Austin, TX 78724

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Property Details

Price $309,000

Status Active Listing

Beds 4

Full Baths 2

Half Baths ,

Living Area 2,029 sqft

Lot Size 0.13 acres (5,749.92 sqft)

Year Built 2017

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision LOT 26 BLK N GILBERT LANE PHS 3

County Travis

Zip Code 78724

$/sqft $152/sqft

Days on Market ,

HOA $60/Quarterly

Annual Tax Est. $6,144.16

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT242361742

List Date August 4, 2026

Elementary School Gilbert

Middle School Dailey

High School Del Valle

School District ,

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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

15101 Shell Bark Cv
Forest Bluff Sec 6 $312,000 $149 4 bd / 3 ba 2,095 sqft , 2026-05-21

15217 Bullace St
Forest Bluff Sec 05 $300,000 $154 4 bd / 3 ba 1,952 sqft , 2026-07-27

5501 English Ave
Forest Bluff Sec 02 $299,990 $226 3 bd / 2 ba 1,326 sqft , 2026-03-12

12901 Brahmin Dr
Tiermo $299,500 $203 3 bd / 2 ba 1,472 sqft , 2026-07-09

6008 Shanjia Dr
GILBERT LANE PHS 4 $319,000 $185 3 bd / 2 ba 1,725 sqft , 2026-04-09

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

$1,483/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

$61,800

20% conventional investment loan

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

Estimated Gross Rent+$1,483

Principal + Interest−$1,686

Property Tax (~2.1% TX avg)−$541

Insurance (~0.5%)−$129

Est. Monthly Cash Flow $-873

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

About the Author

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 August 6, 2026.

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

5920 Montrelia Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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