Active Listing  ·  14 days on market

5348 Westminster Dr

Austin, TX 78723
$579,990
4 Bed 2 Bath 1,821 sqft $319/sqft Built 1959 0.23 acres Pool Windsor Park 03 Sec 02

Welcome to 5348 Westminster! Set on one of Windsor Park's most desirable streets, this mid-century modern has been thoughtfully renovated over the years, blending timeless style with the updates today's buyers are looking for. This is a rare opportunity to own a well-loved gem with its original character still intact. Fully renovated bathrooms, lighting, new windows, brand-new flooring, and fresh paint throughout make this home completely move-in ready. With 86 feet of lot frontage, the home has plenty of breathing room on each side, plus a large backyard beyond the outdoor living area. The major systems have already been addressed for real peace of mind, including a 2024 roof, 2017 electrical panel replacement, tankless water heater, and 2008 water line replacement from house to meter. With so many of the big-ticket items already complete, you can focus on making this home your own. Location is a standout! Blanton Elementary is just down the street, and you're within walking distance of Bartholomew Park and pool, Hank's, and more. Mueller is just moments away with H-E-B, Alamo Drafthouse, the farmer's market, trails & events! Don't miss the chance to own a well-maintained piece of Austin history in one of the city's most loved, tree-lined neighborhoods. A must see!

At $319/sqft, this home is 18% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5348 Westminster Dr, Austin, TX 78723

Property Details

Price $579,990
Status Active Listing
Beds 4
Full Baths 2
Half Baths ,
Living Area 1,821 sqft
Lot Size 0.23 acres (10,149.48 sqft)
Year Built 1959
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Windsor Park 03 Sec 02
County Travis
Zip Code 78723
$/sqft $319/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $9,248
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248260814
List Date October 9, 2026
Elementary School Blanton
Middle School Bertha Sadler Means
High School Northeast Early College
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
6414 Kenilworth Dr
Windsor Park 02 Sec 01
$575,000 $312 4 bd / 3 ba 1,843 sqft , 2026-10-02
2007 Lazy Brk
Brookside Estates
$575,000 $262 4 bd / 3 ba 2,196 sqft , 2026-10-23
5006 Pecan Springs Rd #7
Lofts/St Stephens Condos
$585,000 $267 3 bd / 4 ba 2,191 sqft , 2026-10-02
5817 Sutherlin Rd
Enclave at Sutherlin
$589,900 $319 3 bd / 3 ba 1,847 sqft , 2026-10-21
5604 Chadwyck Dr
Preswyck Hills Sec 05
$589,995 $281 5 bd / 3 ba 2,097 sqft , 2026-01-20

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
$2,784/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
$115,998
20% conventional investment loan

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

Estimated Gross Rent+$2,784
Principal + Interest−$3,165
Property Tax (~2.1% TX avg)−$1,015
Insurance (~0.5%)−$242
Est. Monthly Cash Flow $-1,638

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 23, 2026.

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