Active Listing  ·  58 days on market

6121 Ronee Leah Dr

Austin, TX 78724
$350,000
5 Bed 3 Bath 2,651 sqft $132/sqft Built 2020 0.17 acres 2-Car Garage Pool Tiermo

Set on a corner lot in Southeast Austin, this 5-bedroom, 2-story home gives you more space, more light, and more privacy than anything else in this price range. The brick exterior and lush front yard turn heads from the street, and the interior follows through with soaring ceilings, a wide open floor plan, recessed lighting, and wood-look vinyl floors that make the whole main level feel connected and fresh.

The kitchen is the kind you actually want to cook in. Granite countertops, dark wood cabinetry, a center island with extra storage, a generous pantry, and a full appliance package including an electric range, microwave, and dishwasher. Large windows bring in natural light from every angle.

Upstairs, a spacious bonus room gives the household room to breathe, whether that's a second living area, a media room, or a playroom. All four bedrooms are well-sized with ample closet space, and the bathrooms are clean and move-in ready.

Out back, a fully fenced corner lot yard with a patio gives you real outdoor space for cookouts, pets, or just unwinding after work. All appliances, window blinds, and washer and dryer convey.

Minutes from Tesla Gigafactory and Austin-Bergstrom International Airport, with easy access to everything Southeast Austin has to offer.

At $132/sqft, this home is 66% 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

6121 Ronee Leah Dr, Austin, TX 78724

Property Details

Price $350,000
Status Active Listing
Beds 5
Full Baths 3
Half Baths ,
Living Area 2,651 sqft
Lot Size 0.17 acres (7,426.98 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tiermo
County Travis
Zip Code 78724
$/sqft $132/sqft
Days on Market ,
HOA $30/Quarterly
Annual Tax Est. $6,500.03
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT236360717
List Date June 17, 2026
Elementary School Gilbert
Middle School Dailey
High School Del Valle
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
5905 Diamondleaf Bnd
Forest Bluff
$345,000 $156 4 bd / 3 ba 2,216 sqft , 2026-04-29
13005 Brahmin Dr
Gilbert Lane
$365,000 $138 4 bd / 3 ba 2,651 sqft , 2026-07-16
6320 Diamondleaf Bnd
Tiermo
$330,000 $174 4 bd / 2 ba 1,900 sqft , 2026-02-18
5908 Brampton Ln
GILBERT LANE
$379,000 $132 5 bd / 3 ba 2,874 sqft , 2026-07-28
15101 Shell Bark Cv
Forest Bluff Sec 6
$312,000 $149 4 bd / 3 ba 2,095 sqft , 2026-05-21

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
$1,680/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
$70,000
20% conventional investment loan

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

Estimated Gross Rent+$1,680
Principal + Interest−$1,910
Property Tax (~2.1% TX avg)−$613
Insurance (~0.5%)−$146
Est. Monthly Cash Flow $-989

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 21, 2026.

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