5424 Walnut Grove Dr
Austin, TX 78744

  • 3 beds
  • 2 baths
  • 1,271 sqft
  • 7,183 sqft lot
  • $267 per sqft
  • 1997 build
  • on site

Property has been slashed for an as-is sale. This is a great home. Over $100,000 in upgrades. Ready for immediate move in & use as a short/long-term rental (as owner did) earning over $3,000 a mo, while its value grows. An incredible value, great investment, nice neighbors, no HOA & quick easy access! Don't miss out on this exceptional property! Fairway Ridge, is a great neighborhood tucked away in southeast Austin; offering a stylish, well-built home on a hill in a partial cul-de-sac; serene atmosphere & unbeatable convenience. 6 miles from downtown & the Airport, 4 miles to McKinney Falls, w/nearby bus stops, hike/bike paths, parks & golf courses. Walk 1-quiet block to Dove Springs Park with a public pool, recreation center, playground, sports fields, trails. Onion Creek Greenbelt, Soccer Complex & Dog Park are nearby, as are Independence, Meanwhile & Pinthouse Breweries, & Radio East, all offering live music & other events. Circuit of the Americas racetrack & event center is a quick 10-miles away, with big concerts, Formula One, MotoGP, NASCAR & other big events. Home improvements include remodeled master bath, featuring deep soaking tub, red penny & white tile work, new sinks & cabinets, w/connected large walk-in closet. New 3-ply 30-year roof installed Dec. 2018. Big backyard has a beautiful oak tree & six clumping (non-spreading) Emerald Bamboo plants ($2,500) planted in '19; they are the most freeze resistant, & resilient to drought. A new $8,500 high-capacity HVAC system w/ extra attic insulation, added in '21. In '22 rain gutters were added, new plank flooring & water heater installed, interior walls painted & kitchen remodeled, w/new appliances, granite countertops, sinks & stove. Attached 2-car garage has a garage door opener & access to the large attic w/ ample additional storage. Your new home combines style, comfort & convenience; a steady investment & an idyllic retreat in SE Austin.

Austin Board of REALTORS logo Listing courtesy of ABOR / Kevin Phelps / Phelps Properties

Last checked: Checking… • Last updated Apr 25, 2024 •

MLS# 8957096 —

Monthly cost estimate

5424 Walnut Grove Dr

Asking price

$340,000

Expense Monthly cost
Mortgage

$1,820

Taxes $564
Insurance $93
Utilities $158 See report
Total $2,635/mo.*
*This is an estimate

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Sale history

Date Event Source Price % Change
4/22/24
Price Changed ABOR $340,000 -11.1%
4/11/24
Price Changed ABOR $382,500 6.3%
4/3/24
Listed / Active ABOR $360,000

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Listing provided by broker:

Kevin Phelps

Phelps Properties

(512) 825-8393

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This house located in Southeast Austin, Austin, TX 78744 is currently for sale for $340,000. 5424 Walnut Grove Dr is a 1,271 square foot house with 3 beds and 2 baths that has been on Estately for 57 days. 5424 Walnut Grove Dr is in the Southeast Austin neighborhood of Austin and has a WalkScore® of 52, making it somewhat walkable. This house is in the attendance area of Widen Elementary School, Mendez Middle School, and Akins High School.

Austin Board of REALTORS logo Based on information from the Austin Board of REALTORS® and ACTRIS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.

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