Active Listing  ·  18 days on market

5810 Marilyn Dr

Austin, TX 78757
$1,350,000
4 Bed 3 Bath 2,353 sqft $574/sqft Built 1956 0.21 acres 2-Car Garage Pool Allandale West Sec 02

A complete reinvention in the heart of Allandale, this down-to-the-studs renovation delivers the quality of custom new construction wrapped in the character of one of Central Austin's most coveted neighborhoods. Every major system has been replaced, including plumbing, electrical, HVAC, insulation, windows, and more. Bespoke cabinetry and designer finishes elevate everyday living.

Vaulted beamed ceilings, a gallery-white palette, and an expansive wall of steel framed windows with oversized French doors create a striking, light-filled interior.

The chef's kitchen is equal parts showpiece and workspace, featuring custom handmade cabinetry with thoughtful storage, marble countertops, a statement island with integrated cooktop, premium stainless appliances, and a remote-controlled retractable vent hood. Custom oversized laundry room with extensive built-ins that serve as your butler’s pantry.

The serene primary suite overlooks the backyard and offers custom closet built-ins and a beautifully appointed ensuite bath. A private junior suite, two additional bedrooms, designer baths, and a custom laundry room complete the thoughtfully designed floor plan.

Outside, the covered porch with a wood-clad ceiling, recessed lighting, and ceiling fans overlooks a private, fully fenced .20-acre backyard ready for entertaining or future enhancements.

Just blocks from Shoal Creek Greenbelt, neighborhood favorites, H-E-B, and minutes to Downtown and The Domain.

In a neighborhood where authenticity never goes out of style, this bespoke renovation offers a level of craftsmanship that's equally rare. See it for yourself before this exceptional opportunity is gone.

At $574/sqft, this home is priced 47% 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

5810 Marilyn Dr, Austin, TX 78757

Property Details

Price $1,350,000
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 2,353 sqft
Lot Size 0.21 acres (9,208.58 sqft)
Year Built 1956
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Allandale West Sec 02
County Travis
Zip Code 78757
$/sqft $574/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $17,114.59
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240056581
List Date July 17, 2026
Elementary School Gullett
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.

Schedule a Call →

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
604 W LIVE OAK St
Bouldin South Ext
$1,350,000 $562 3 bd / 3 ba 2,402 sqft , 2026-06-19
300 Bowie St #4101
Spring Condo Amd
$1,350,000 $828 3 bd / 3 ba 1,631 sqft , 2026-05-05
1609 Hartford Rd #A
Hartford Estates Condo
$1,349,999 $567 3 bd / 4 ba 2,381 sqft , 2026-06-25
11503 Ladera Vista Dr
Krizov
$1,349,000 $700 3 bd / 2 ba 1,928 sqft , 2026-03-12
1701 Willow St
Riverside
$1,349,000 $706 3 bd / 3 ba 1,911 sqft , 2025-06-26

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
$6,480/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
$270,000
20% conventional investment loan

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

Estimated Gross Rent+$6,480
Principal + Interest−$7,368
Property Tax (~2.1% TX avg)−$2,363
Insurance (~0.5%)−$563
Est. Monthly Cash Flow $-3,814

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 Allandale

Allandale is North Central Austin's original family neighborhood - platted in the 1950s and shaped by decades of homeowners who chose it for its tree-lined streets, strong schools, and community identity. Bounded roughly by 45th Street to the south, Koenig Lane to the north, MoPac to the west, and Burnet Road to the east, it occupies one of Austin's most convenient locations.

The housing stock is predominantly 1950s to 60s brick ranch homes - modest footprints on generous lots, many with mature live oaks that took 60 years to grow. Renovated Allandale homes command significant premiums, while original-condition homes represent some of the last attainable entry points in North Central Austin. New custom construction is an increasing presence as teardown economics make sense at these lot values.

🍽️
Burnet Road Corridor

Allandale's eastern edge is lined with some of Austin's best independent restaurants, coffee shops, and bars. Uchi, Violet Crown Cinema, Foreign & Domestic, Epoch Coffee - all within walking distance of many Allandale addresses.

🌳
Mature Tree Canopy

Sixty years of live oak growth creates a canopy that makes Allandale feel noticeably cooler and quieter than newer Austin neighborhoods. The trees are a defining asset - and an Austin Heritage Tree protection means they're here to stay.

🏫
McCallum High School

McCallum is one of Austin ISD's most respected high schools - known for its Fine Arts Academy (one of the top performing arts magnet programs in Texas) and strong academics. It's a major draw for families with high school-age children.

🚶
Walkable Errands

Allandale residents walk to coffee, restaurants, a hardware store, and neighborhood shops on a regular basis. It's not a walk-everywhere neighborhood, but the Burnet Road corridor makes daily errands genuinely walkable from the eastern half of the neighborhood.

Full Allandale 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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