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$499,900

NAL Estimated Property Value

5505 Charles Merle DR B, Austin, TX, 78747

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,840 Sq Ft
price_per_sqft$271.68 / sqft
Year BuiltBuilt in 2019

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Stainless Steel Appliances, Washer
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Garage Spaces2

About this property

Great location in South Austin!This 2019 built, 3 bed/2.5 bath, open floor plan condo is located in the desirable Goodnight Ranch neighborhood. Featuring lots of natural light, high ceilings, wood-like tile flooring, carpeted bedrooms, and more, you'll enjoy stepping out onto the master bedroom balcony and enjoy the view of the beautiful community pond. The community has 3 miles of trails to stroll along, a large pool with a splash pad, playgrounds, and several pocket parks to enjoy the outdoors. It is also within walking distance to Onion Creek Metropolitan Park. Conveniently accessible to I-35, 183, Slaughter Ln, William Cannon Dr. for easy travel. You'll also be only minutes from Tesla, Austin-Bergstrom Intl. Airport, Southpark Meadows, HEB, McKinney Falls State Park, and much more.

Investor Tools

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$60/month
5.947%

Learn About the Market: Opportunity in Austin

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Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

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Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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5505 Charles Merle DR B | Property Details | No Agent List