ActiveResidential · sale

5813 Gateshead

Austin, TX 78745

$475,000

  • 3 beds
  • 2 baths
  • 1,572 sq ft
  • 0.21 acres
  • Built 1970

Listed by Compass RE Texas, LLC · MLS #ACT4013892

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1970.

Garage parking

2 garage spaces listed.

Property size

0.21 acres listed.

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

THE PROPERTY

Get to know the property.

**Multiple Offers- Best & Final Offers due by Thursday, 4/30 at 5pm.**

Welcome to 5813 Gateshead Drive—an opportunity-packed single-story home in one of the most sought-after pockets of Austin’s beloved Cherry Creek neighborhood.
Set on an incredible 0.21-acre lot, this property truly stands out. Towering oak trees create a stunning natural canopy over both the front and backyard, offering shade, privacy, and endless potential. Whether you’re envisioning an ADU, cowboy pool, sauna, or a fully customized outdoor retreat, the flat, expansive yard is ready to bring your ideas to life.
Inside, the home features a highly desirable one-story layout with thoughtful separation of space. Two generously sized secondary bedrooms and a full bath sit on one side, while the primary suite and laundry area are privately positioned on the other, ideal for both everyday living and hosting guests.
The vaulted ceilings in the living room create an open and airy feel, while a large sunroom addition (not included in the square footage) provides even more space to relax, entertain, or create a bright home studio or playroom.
Functionality continues with a spacious laundry room and an enclosed, air-conditioned office space off the garage, perfect as-is or easily convertible into an expanded primary closet or a dream mudroom/laundry combo. A 2-car garage rounds out the practical features of the home.
With a fantastic layout and strong bones, this home is primed for cosmetic updates to match your personal style. Major systems have been thoughtfully maintained by the same owner for 56 years.
This is not just Cherry Creek, but one of its most desirable sections, just minutes from Central Market, El Alma, Amy’s Ice Creams, local movie theaters, JuiceLand, and all that the Westgate and South Lamar area has to offer.
A rare combination of lot, layout, and location, this is one you don’t want to miss.

THE NEIGHBORHOOD

Explore the location.

5813 Gateshead, Austin, TX 78745

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1970
Full baths
2
Half baths
0
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air
Heating
Central
Appliances
Dishwasher, Disposal, Exhaust Fan, Microwave, Oven, Range
Flooring
Carpet, Tile
Fencing
Back Yard
Accessibility
None
Pool features
None
Subdivision
Cherry Creek 04
Parcel
04121709050000
Elementary school
Sunset Valley
Middle school
Covington
High school
Crockett
Annual property tax
$9,517.00

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$1,979.17
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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5813 Gateshead, Austin, TX 78745 · MLS #ACT4013892

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Listing information

MLS #ACT4013892 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Katy Sill

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