Active Listing  ·  14 days on market

5 Scott Crescent None

Austin, TX 78703
$3,990,000
5 Bed 6 Bath 4,456 sqft $895/sqft Built 2026 0.24 acres 2-Car Garage Pool New Construction Tarrytown Oaks

Timeless Luxury Under the Oaks in Tarrytown Nestled in one of Austin's most sought-after neighborhoods, this brand-new custom home in Tarrytown offers a rare blend of refined design, spacious living, and natural beauty. Set on over an acre lot beneath the canopy of majestic heritage oak trees, this home is a true retreat just minutes from downtown. Spanning 4,456 square feet of thoughtfully crafted interiors, the home features 5 bedrooms and 4.5 bathrooms, ideal for families or those who love to entertain. The open-concept great room anchors the home with soaring ceilings, a cozy gas fireplace, and seamless indoor-outdoor flow. The gourmet kitchen includes a butler's pantry and opens to a formal dining room, perfect for hosting dinner parties or holiday gatherings. A spacious mudroom, a generous game room, and an oversized flex space offer space to grow, play, or work from home. Step outside to your private backyard oasis featuring a 580-square-foot covered patio with a gas-burning fireplace, outdoor kitchen, and a beautiful pool and spa, all designed for relaxed evenings and effortless entertaining under the stars. Additional features include: 2-car garage, Dual gas-burning fireplaces, Heritage oak trees and mature landscaping, Prime location in central Austin's prestigious Tarrytown This is more than a home, it's a lifestyle. With design by Erica Evensen, luxury amenities, and an unbeatable location, this residence captures the best of Austin living in one of its most iconic and charming neighborhoods.

At $895/sqft, this home is priced 129% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5 Scott Crescent None, Austin, TX 78703

Property Details

Price $3,990,000
Status Active Listing
Beds 5
Full Baths 5
Half Baths 1
Living Area 4,456 sqft
Lot Size 0.24 acres (10,428.26 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Tarrytown Oaks
County Travis
Zip Code 78703
$/sqft $895/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $23,840.71
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT249312472
List Date October 8, 2026
Elementary School Casis
Middle School O Henry
High School Austin
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
2300 Westover Rd
Brown Herman Add
$3,950,000 $943 5 bd / 5 ba 4,190 sqft , 2026-09-15
2412 Jarratt Ave
Pemberton Heights Sec 01
$3,750,000 $756 5 bd / 6 ba 4,962 sqft , 2026-08-20
1202 Belmont Pkwy
Belmont
$3,495,000 $862 5 bd / 3 ba 4,054 sqft , 2026-08-19
2428 Jarratt Ave
Pemberton Heights Sec 01
$3,250,000 $877 4 bd / 4 ba 3,704 sqft , 2026-04-15
2415 McCall Rd
Tarrytown
$2,998,000 $843 5 bd / 5 ba 3,557 sqft , 2026-08-07

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
$19,152/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
$798,000
20% conventional investment loan

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

Estimated Gross Rent+$19,152
Principal + Interest−$21,775
Property Tax (~2.1% TX avg)−$6,983
Insurance (~0.5%)−$1,663
Est. Monthly Cash Flow $-11,269

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 →

Neighborhood Context

About Tarrytown

Tarrytown is the gold standard for Austin real estate - a neighborhood that's been desirable for over a century and shows no signs of changing. Situated between Lake Austin and MoPac, it combines exceptional location with the kind of neighborhood maturity that takes generations to build.

Mature live oaks canopy streets lined with everything from Tudor revivals and craftsman bungalows to sleek modern rebuilds. Homes here rarely sit on the market - buyers who've been watching Tarrytown move fast when something hits.

🏡
Architecture

Tudor revivals, craftsman bungalows, limestone ranches, and high-end new construction - more architectural variety than almost any Austin neighborhood.

🌊
Lake Austin Access

Direct access to Lake Austin via multiple public access points. Many homes have private docks and lake frontage.

🌳
Tree Canopy

Some of the densest live oak coverage in Austin. The neighborhood feels noticeably cooler and quieter than most of the city.

📍
Location

Minutes from downtown, Clarksville, and West 6th. Everything without the traffic noise.

Full Tarrytown Guide →

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 9, 2026.

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