Active Listing  ·  14 days on market

5113 Avenue F None

Austin, TX 78751
$334,000
0.09 acres Highlands

Rare North Loop/Hyde Park Development Opportunity! Street-facing Lot 3 offers approximately 3,876 SF and is one of three units created from a large corner property, offering an exceptional opportunity to build in one of Central Austin’s most desirable locations. This lot features direct street frontage and alley access, providing flexibility for design, parking, and access.

The overall property is uniquely configured to accommodate one remodeled existing home plus two separate new-construction homes. This is one of the two individual lots available for new construction, offering an opportunity to create a thoughtfully designed residence in an established Central Austin neighborhood.

Proposed Home: Approximately 2,450 SF, featuring 4 bedrooms, 3 bathrooms, an office, a 1-car garage, and a private pool. The planned two-story design offers an exciting opportunity to create a spacious, modern home tailored to the site.

Ideally located on the border of North Loop and Hyde Park, this property offers convenient access to neighborhood restaurants, coffee shops, parks, shopping, UT, and all that Central Austin has to offer. A rare opportunity to build in a highly desirable location with street frontage and alley access.

Location

5113 Avenue F None, Austin, TX 78751

Property Details

Price $334,000
Status Active Listing
Beds ,
Full Baths ,
Half Baths ,
Living Area ,
Lot Size 0.09 acres (3,876.84 sqft)
Year Built ,
Garage ,
Stories ,
Type Land · Unimproved Land
Subdivision Highlands
County Travis
Zip Code 78751
$/sqft ,
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool ,
Waterfront ,
New Construction ,
MLS # ACT247766642
List Date September 24, 2026
Elementary School Ridgetop
Middle School Lamar (Austin ISD)
High School McCallum
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
202 E 45th St #203
Treehouse Condo
$249,900 $377 1 bd / 1 ba 662 sqft , 2026-04-01
3914 Avenue D None #104
Hyde Park Add 02
$245,000 $389 1 bd / 1 ba 630 sqft , 2026-07-31
1313 E 52nd St #202
1313 Condos
$239,900 $407 1 bd / 1 ba 590 sqft , 2025-08-25
5601 Woodrow Ave
Woodrow Place Twnhms
$238,900 $385 1 bd / 1 ba 620 sqft , 2026-03-10

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
$1,603/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
$66,800
20% conventional investment loan

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

Estimated Gross Rent+$1,603
Principal + Interest−$1,823
Property Tax (~2.1% TX avg)−$585
Insurance (~0.5%)−$139
Est. Monthly Cash Flow $-944

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 6, 2026.

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