5405 Meadow

Austin, TX 78744

$399,999

4 beds
2 baths
1,468 sq ft
0.13 acres
Built 1986

Listed by Compass RE Texas, LLC · MLS #ACT8270387

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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1986.

Garage parking

2 garage spaces listed.

Property size

0.13 acres listed.

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

THE PROPERTY

Get to know the property.

****Seller Financing Opportunity: 4.99% interest, 20% down, 5-year balloon. Attractive alternative to traditional lending with potential savings and flexible terms. Great opportunity for qualified buyers.****
Welcome to 5405 Meadow Crest Dr, a beautifully updated and income-producing property in Southeast Austin. Currently operating as a successful Airbnb, this home offers both immediate investment potential and an inviting space for primary homeowners alike. Step inside to find a bright, open-concept living area with vaulted ceilings and durable luxury vinyl plank flooring throughout. The kitchen is thoughtfully updated with white shaker cabinetry, sleek quartz countertops, and stainless steel appliances (including the refrigerator), creating a clean and modern aesthetic. The home features double-pane, dual- operable windows for energy efficiency and comfort, along with a newer A/C unit (installed approximately 2 years ago), providing peace of mind for years to come. Outside, the property truly shines. An 8-foot cedar fence encloses both the front
and back yards, offering exceptional privacy and curb appeal. The backyard is a low-maintenance private retreat, fully turfed for year-round greenery and ease of care. A separate fenced dog run adds even more functionality—perfect for pet owners. Additional features include a Ring doorbell and floodlight security system. Location is key—this home offers easy access to Downtown Austin, Austin-Bergstrom International Airport, and Circuit of the Americas (COTA). Plus, you're just minutes from Meanwhile Brewing, one of Austin’s favorite gathering spots. Whether you're looking for a turnkey investment, a lock-and-leave lifestyle, or a stylish place to call home, this property checks all the boxes.

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THE NEIGHBORHOOD

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5405 Meadow, Austin, TX 78744

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1986
Full baths: 2
Half baths: 0
Garage spaces: 2
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Microwave, Free-Standing Gas Range, RNGHD
Flooring: Vinyl
Fencing: Full, Privacy, Wood
Accessibility: None
Pool features: None
Subdivision: Williamson Creek Sec 02
Parcel: 03220610030000
Elementary school: Widen
Middle school: Mendez
High school: Akins
Annual property tax: $4,775.70

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$1,666.66

Cap rate—

Annual operating income: —

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Purchase price

Rental income & operating costs

Estimated monthly rent

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

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

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.

Monthly HOA

Other monthly costs

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

Down payment (%) Interest rate (%) Loan term

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

Estimated monthly principal & interest—Loan 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

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

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

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5405 Meadow, Austin, TX 78744 · MLS #ACT8270387

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Listing information

MLS #ACT8270387 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Karl Haussmann

Listing status: Active. Record updated June 18, 2026. Confirm current availability and price with the listing agent.