ActiveResidential · sale

5209 Evans

Austin, TX 78751

$1,490,000

  • 6 beds
  • 5 baths
  • 3,290 sq ft
  • 0.15 acres
  • Built 2005

Listed by Keller Williams Realty · MLS #ACT1488480

A FEW THINGS TO NOTICE

What stands out.

Additional spaces

In the heart of North Loop/Hyde Park, a highly sought after neighborhood known for its charm, walkability, and unbeatable central location—this home offers something truly special: a fully renovated 4-beds/3baths + office main home and a separate 2-beds/2-baths guest house above a three-car garage and a three-car private driveway accessible via separate back alley.

Living spaces

The main home has been thoughtfully updated throughout and feels brand new.

Details worth a look

Outside, a large, brand new deck invites you to slow down and enjoy warm Austin evenings with your friends and family.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

In the heart of North Loop/Hyde Park, a highly sought after neighborhood known for its charm, walkability, and unbeatable central location—this home offers something truly special: a fully renovated 4-beds/3baths + office main home and a separate 2-beds/2-baths guest house above a three-car garage and a three-car private driveway accessible via separate back alley. Whether you're looking for a beautiful primary residence with extra income potential, space for extended family, or a creative live/work setup, this one delivers. The main home has been thoughtfully updated throughout and feels brand new. Every bathroom and the kitchen have been fully redone, complemented by wide-plank hardwood floors, designer fixtures, and clean modern finishes. Roof, HVACs have been recently updated and fresh paint inside and out—so everything is move-in ready. A dedicated home office on the main floor can easily flex into a 5th bedroom. Outside, a large, brand new deck invites you to slow down and enjoy warm Austin evenings with your friends and family. Above the garage, the 2-bedroom guest house is an incredible rare opportunity. With its own private entrance and a history of almost 100% occupancy, it’s consistently easy to rent. Tenants love the neighborhood and often stay for years, though the current residents are open to either renewing or vacating this summer depending on the buyer's plans. It's currently leasing for $2100 a month and It's a versatile space that functions effortlessly as a rental, guest suite, or even a home secondary apartment. The walkability here is exceptional—Home Slice Pizza is just one block away, and favorite restaurants are a short walk from the front door. The UT campus and medical offices and hospitals are about 5–8 mins drive, and just 10-12 mins from both Downtown and The Domain- High Tech, putting everything Austin has to offer within easy reach. This home blends quality, flexibility, and location in a way that rarely comes to market.

THE NEIGHBORHOOD

Explore the location.

5209 Evans, Austin, TX 78751

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2005
Full baths
5
Half baths
0
Garage spaces
3
Cooling
Ceiling Fan(s), Central Air
Heating
Central, Fireplace(s), Natural Gas
Appliances
Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
Flooring
Wood
Fencing
Wood
Accessibility
See Remarks
Pool features
None
Subdivision
Highlands
Parcel
02230921050000
Elementary school
Ridgetop
Middle school
Lamar (Austin ISD)
High school
McCallum

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$6,208.33
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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5209 Evans, Austin, TX 78751 · MLS #ACT1488480

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Listing information

MLS #ACT1488480 · Austin Board of Realtors

Listing brokerage: Keller Williams Realty
Listing agent: Michael Seid

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.