ActiveResidential · sale

5203 Ledesma

Austin, TX 78721

$720,000

  • 4 beds
  • 3 baths
  • 1,894 sq ft
  • 0.21 acres
  • Built 1983

Listed by Bramlett Partners · MLS #ACT9139622

A FEW THINGS TO NOTICE

What stands out.

Additional spaces

1,894 total SF across a main house and a fully self-contained casita, in one of East Austin's most walkable pockets.

Living spaces

The 1,444 SF main house lives the way people actually use a home: light wood floors, blue cabinetry, and a wall of living room windows keep it bright, and the kitchen opens straight into the living and dining areas.

Year built

Built in 1983.

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

THE PROPERTY

Get to know the property.

Two homes, one corner lot, 2.375% assumable financing. The sellers' loan carries a balance of about $640,000. A qualified buyer can take over that rate instead of borrowing at today's, and that will equate to tens of thousands in interest savings.

1,894 total SF across a main house and a fully self-contained casita, in one of East Austin's most walkable pockets. A second address worth of function without a second mortgage.

Both structures were renovated in 2020 and kept current since, most recently with fresh interior paint and refreshed landscaping. The 1,444 SF main house lives the way people actually use a home: light wood floors, blue cabinetry, and a wall of living room windows keep it bright, and the kitchen opens straight into the living and dining areas. Walk-in pantry off the kitchen. Two more bedrooms and a second full bath down the hall. The primary suite has an ensuite bath and an oversized walk-in closet.

The 450 SF casita is the piece that sets this apart. Its own full bath, kitchen, and mini-split make it genuinely separate: a home office where the Zoom calls stay uninterrupted, or a guest suite that lets people visit without turning your house into a hotel.

The 9,000+ SF corner lot is fully fenced and shaded by mature trees, with room for a swing, a fire pit, a large side patio, and a back deck. Two remote gates open onto two driveways with secure parking for four full-size vehicles. Decks and fence repaired and repainted in 2026.

Downtown is 5 minutes, Google and Oracle just as close, UT 10, ABIA 15. Playground within walking distance, and the coffee shops, taco joints, and breweries East Austin is known for right around the corner. Google Fiber available.

Assumption is subject to credit and buyer approval, and additional stipulations apply. The amount above the balance would need to be covered with cash or a second loan. Reach out for full assumption details and terms.

THE NEIGHBORHOOD

Explore the location.

5203 Ledesma, Austin, TX 78721

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Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1983
Full baths
3
Half baths
0
Garage spaces
0
Cooling
Central Air, Heat Pump
Heating
Forced Air, Heat Pump
Appliances
Dishwasher, Disposal, Microwave, Free-Standing Gas Range, RNGHD, Free-Standing Refrigerator, Stainless Steel Appliance(s), Washer/Dryer, Water Heater
Flooring
Concrete, Tile, Wood
Fencing
Full, Perimeter
Accessibility
None
Pool features
None
Subdivision
Brooksdale
Parcel
02072003310000
Elementary school
Ortega
Middle school
Kealing
High school
Eastside Early College
Annual property tax
$10,513.20

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$3,000.00
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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5203 Ledesma, Austin, TX 78721 · MLS #ACT9139622

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Listing information

MLS #ACT9139622 · Austin Board of Realtors

Listing brokerage: Bramlett Partners
Listing agent: Jesse Schaeffer

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