5702-2 Penick DR, Austin TX 78741

Austin, TX 78741 | Penick Place | Built by OTTO

Ed's Opinion of Value

$461,426 Ed's Estimate: $650,414 $1,019,190
Lowest Comp Recommended List: $696,000 to $702,000 Highest Comp

Listing History

$1,964,999 List Price
$650,414 Comp Value
1 Price Reductions

This property was listed at $1,964,999 and expired after 155 days on market. The price was reduced from $1,979,999 to $1,964,999. This listing activity factors into the valuation.

Reviewing the most recent comparable transactions, this home's market value falls around $650,414. For a well positioned listing in PENICK PLACE, I'd target the $696,000 to $702,000 range. Among the similar homes currently available in PENICK PLACE, this price point stands out as competitive. Being 2,413 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.28 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
5 Beds
5 Baths 4 Full, 1 Half
4,166 Sq Ft
0.2772 Acres
2025 Built
2 Garage

About This Property

Unbelievable value at $504/SF. Luxurious New Construction and incredible value on Historic Golf Course. This new custom residence, design by Dallas based architect Matt Parker, blends timeless design with exceptional craftsmanship in one of Austin’s most historically rich and scenic locations. Located on a quiet, private, street, this 5BD 4.5BA home spans 4,166 SF and sits on a spacious, tree-shaded lot with mature pecans. A gate connects directly to the 300-acre Riverside Golf Course.

The course, designed in 1949 by Perry Maxwell, was once the site of Austin Country Club and where Ben Crenshaw and Tom Kite trained. The home’s architecture and the magnolia-lined street honor this legacy with elegance. Despite the peaceful, natural surroundings, the home is just minutes from downtown and the airport. From the backyard, enjoy watching deer on the fairways and hawks and owls overhead in a serene setting that feels worlds away.

Inside, the open-concept living space features soaring 14’ ceilings, a gas fireplace, and 9” European oak plank flooring. The kitchen offers rift-cut oak cabinetry, dovetail drawers, a JennAir paneled appliance package, pot filler, and oversized pantry. Nearby, a private owner’s planning desk connects to the large mud/laundry room. The primary suite is separated and private and pure luxury.

The home is fully gated and pre-wired for speakers, security, and electric shades throughout, including the primary suite. Additional features include an AV/coat closet under the stairs, decked attic storage over the oversized garage, and an electric-gated driveway. Upstairs, a game room with built-in desks opens to a turf walk-out patio offering breathtaking views of the course and seasonal downtown views. Secondary bedrooms are generously sized, and the Jack-and-Jill bath.

Out back, enjoy a 460 SF covered porch with fans and speakers overlooking the sparkling pool and expansive deck—ideal for relaxing or entertaining. 2/1 buy down available.

Features

  • Breakfast Bar
  • Built-in Features
  • High Ceilings
  • Vaulted Ceiling(s)
  • Chandelier
  • Quartz Counters
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • In-Law Floorplan
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Allison
Middle School Martin

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 1560085

Parking

Garage 2 spaces

Tax Information

Annual Taxes $2,816 (2019)

Listing History

MLS# 1560085 - Updated Apr 10, 2026 155 days
Dec 31, 2025 Off Market
Dec 9, 2025 Price Change $1,964,999
Jul 29, 2025 Listed $2,275,000

Frequently Asked Questions About 5702-2 Penick DR, Austin TX 78741

When was 5702-2 Penick DR, Austin TX 78741 built?

5702-2 Penick DR, Austin TX 78741 was built in 2025.

How much does 5702-2 Penick DR, Austin TX 78741 cost?

5702-2 Penick DR, Austin TX 78741 is currently off market.

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