5501-A Charles Merle DR # 20, Austin TX 78747
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About This Property
Investment Opportunity – Tenant Occupied | $1,900/mo Income | ~4.5% Cap Rate
Excellent opportunity to own a turnkey income property in the highly desirable Goodnight Ranch community of South Austin.
Built in 2019, this modern 3-bedroom, 2.5-bath townhouse offers 1,840 sq ft, an open-concept layout, a private balcony with pond views, and a 2-car rear-entry garage.
Currently leased at $1,900/month through November 30, 2026, providing immediate and stable rental income with an estimated cap rate of approximately 4.5%.
Residents enjoy access to resort-style amenities including a pool, parks, BBQ areas, and scenic walking trails — all just 20 minutes from COTA (Circuit of the Americas) and with easy access to I-35, shopping, and dining.
Features
- Breakfast Bar
- Ceiling Fan(s)
- Beamed Ceilings
- Quartz Counters
- Interior Steps
- Kitchen Island
- Open Floorplan
- Recessed Lighting
Location
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Schools
Property Details
Parking
HOA & Community
Tax Information
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* Estimate only. Does not include HOA fees, PMI, or other costs.
This property has HOA fees of $180/quarterly.
Listing History
| Nov 13, 2025 | Listed | Listing Courtesy of Lumena Realty - daniel@lumenarealty.com | $399,700 |
| Nov 1, 2025 | Off Market | ||
| Jul 8, 2025 | Listed | $2,550 |
| Nov 3, 2025 | Off Market | ||
| Oct 1, 2025 | Price Change | $399,700 | |
| May 2, 2025 | Listed | $418,600 |
| May 7, 2025 | Off Market | ||
| Apr 2, 2025 | Listed | $2,550 |
| May 1, 2024 | Off Market | ||
| Feb 13, 2024 | Listed | $2,550 |
Frequently Asked Questions About 5501-A Charles Merle DR # 20, Austin TX 78747
When was 5501-A Charles Merle DR # 20, Austin TX 78747 built?
5501-A Charles Merle DR # 20, Austin TX 78747 was built in 2019.
How much does 5501-A Charles Merle DR # 20, Austin TX 78747 cost?
5501-A Charles Merle DR # 20, Austin TX 78747 is listed for sale at $399,700. That is $217 per square foot.
How many bedrooms and bathrooms does 5501-A Charles Merle DR # 20, Austin TX 78747 have?
5501-A Charles Merle DR # 20, Austin TX 78747 has 3 bedrooms and 3 bathrooms (2 full, 1 half) with 1,840 square feet of living space.
What school district is 5501-A Charles Merle DR # 20, Austin TX 78747 in?
5501-A Charles Merle DR # 20, Austin TX 78747 is in the Austin ISD school district. Assigned schools include Blazier (elementary), Paredes (middle), Akins (high school).
Does 5501-A Charles Merle DR # 20, Austin TX 78747 have an HOA?
Yes, 5501-A Charles Merle DR # 20, Austin TX 78747 has an HOA fee of $180 per quarterly. The HOA includes common area maintenance.
What are the property taxes on 5501-A Charles Merle DR # 20, Austin TX 78747?
The annual property taxes on 5501-A Charles Merle DR # 20, Austin TX 78747 are $8,754 (as of 2025).
How big is the lot at 5501-A Charles Merle DR # 20, Austin TX 78747?
The lot at 5501-A Charles Merle DR # 20, Austin TX 78747 is 0.0977 acres, and the home has 1,840 square feet of living space.
What type of property is 5501-A Charles Merle DR # 20, Austin TX 78747?
5501-A Charles Merle DR # 20, Austin TX 78747 is a residential property.
Does 5501-A Charles Merle DR # 20, Austin TX 78747 have a garage?
Yes, 5501-A Charles Merle DR # 20, Austin TX 78747 has a 2-car garage.
What subdivision is 5501-A Charles Merle DR # 20, Austin TX 78747 in?
5501-A Charles Merle DR # 20, Austin TX 78747 is located in the Goodnight Ranch subdivision in Austin, TX.
What heating and cooling does 5501-A Charles Merle DR # 20, Austin TX 78747 have?
5501-A Charles Merle DR # 20, Austin TX 78747 has central, electric heating and ceiling fan(s), central air, electric cooling.
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