5302 Walnut Grove Dr, Austin, TX 78744
Local realty services provided by:ERA Experts
Listed by: theresa bastian
Office: let's move austin llc.
MLS#:9125033
Source:ACTRIS
Price summary
- Price:$395,000
- Price per sq. ft.:$222.91
About this home
Offset your mortgage. Build equity faster. Live smarter.
Updated former 3 bedroom/2 bath model home in Franklin Park featuring a private 1+ bedroom garage apartment with its own entrance, kitchenette, and separate AC system — previously operated as a fully licensed, high-demand short-term rental generating $24,000+ per year over the past five years (with post-pandemic increases). Documentation available.
Live in the main house and let the apartment help pay your mortgage. Or create a private home office, long-term rental, guest suite, or multi-generational setup. The flexibility here is rare, especially with no HOA and a low 2.04% tax rate.
The main home offers spacious living areas, fresh paint, updated appliances (fridge, dishwasher, disposal within the last year), and major system upgrades including a 2019 roof, 2021 & 2018 HVAC systems with REME Halo Air Scrubber LED, and hardwired security with cameras, window/door sensors, and climate control via Alert360. Google Fiber modem installed. Bonus: the property shares a grid with the local fire station — electricity has remained connected during recent winter weather events
The yard is shaded by a professionally maintained century-old live oak in front and a vibrant red oak in back. Shed, playset, refrigerator, washer, and dryer can convey with acceptable offer.
Located in Southeast Austin’s Franklin Park neighborhood where you can walk to the park, pool, library, restaurants, bus stop, and daily essentials. Just minutes to downtown and 7 miles to South & East Austin hotspots. Close to local favorites like Pinthouse Brewing, Independence Brewing Co., and Meanwhile Brewing Co., plus outdoor escapes like McKinney Falls State Park.
Rare versatility in a thriving Southeast Austin pocket. Smart buyers look for options. This property delivers.
Contact an agent
Home facts
- Year built:1996
- Listing ID #:9125033
- Updated:February 26, 2026 at 03:28 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Linoleum, Tile
- Kitchen Description:Dishwasher, Disposal, Free-Standing Range, Gas Range, Microwave, Refrigerator
- Living area:1,772 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1996
- Building area:1,772 sq. ft.
- Construction Materials:Masonry Partial
- Exterior Features:Private Yard
- Foundation Description:Slab
Schools
- High school:Akins
- Elementary school:Widen
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$395,000
- Price per sq. ft.:$222.91
- Tax amount:$6,897 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Dryer, Free-Standing Range, Gas Range, Microwave, RNGHD, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Pantry
New listings near 5302 Walnut Grove Dr
- New
$999,000Active4 beds 3 baths2,194 sq. ft.3000 Mohawk Rd, Austin, TX 78757
MLS# 2440334Listed by: MORELAND PROPERTIES - New
$1,550,000Active4 beds 4 baths1,884 sq. ft.4418 Red River St #1, Austin, TX 78751
MLS# 2558269Listed by: COMPASS RE TEXAS, LLC - New
$360,000Active3 beds 2 baths1,585 sq. ft.11303 Birlandier Ct, Manchaca, TX 78652
MLS# 3032725Listed by: ATLAS REALTY - New
$450,000Active0 Acres4104 E 12th St, Austin, TX 78721
MLS# 3540062Listed by: REAL BROKER, LLC - New
$399,900Active-- beds -- baths2,411 sq. ft.1011 Chesapeake Dr, Austin, TX 78758
MLS# 4572774Listed by: KELLER WILLIAMS REALTY - New
$395,000Active4 beds 3 baths1,952 sq. ft.10512 Walnut Bend Dr, Austin, TX 78753
MLS# 4636989Listed by: TODD HOWER REALTY LLC - New
$699,000Active4 beds 2 baths2,223 sq. ft.3312 Marin Ct, Austin, TX 78738
MLS# 4652406Listed by: COMPASS RE TEXAS, LLC - Open Sat, 12 to 2pmNew
$615,000Active3 beds 2 baths1,329 sq. ft.1106 Mission Rdg #A, Austin, TX 78704
MLS# 4983608Listed by: KUPER SOTHEBY'S INT'L REALTY - New
$1,500,000Active5 beds 4 baths2,631 sq. ft.5317 Mccandless St, Austin, TX 78756
MLS# 6145415Listed by: COMPASS RE TEXAS, LLC - New
$165,000Active0 Acres14432 Tuscola Cir, Austin, TX 78734
MLS# 7772569Listed by: REAL BROKER, LLC