5109 Stone Gate DR #1
About This Property
Out back, you'll find what truly sets this home apart. Backing to a rare stretch of green space, the yard feels like a private retreat, with mature trees creating a leafy buffer that's hard to come by this close to the city. The large deck and artificial turf lawn make outdoor living easy, and the sleek cowboy plunge pool is perfect for cooling off or kicking back in style. Whether it's morning coffee, a weekend BBQ, or an evening under string lights, this yard is ready for it all.
Just four miles from downtown, you're moments from Springdale General, the Mueller District, and some of the best food, drink, and creative spaces in East Austin. Outdoor lovers will appreciate being close to Southern Walnut Creek Trail, Givens Park, and Morris Williams Golf Course. Nearby public transit provides a straight shot into the heart of the city. Homes with this much space, privacy, and outdoor style are a rare find in such a prime location, especially one that brings it all together in such a thoughtfully designed way.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 4, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Price Decreased |
$670,000
↓ $29K
(4.2%) | |
| Price Decreased | |||
| May 21, 2026 | Price Decreased |
$699,000
↓ $11K
(1.6%) | |
| Price Decreased | |||
| Apr 30, 2026 | Price Decreased |
$710,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by Compass RE Texas, LLC | $720,000 | |
| Listed by Compass RE Texas, LLC | |||
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Welcome to 5109 Stone Gate Drive #1—a true east side oasis. This contemporary retreat seamlessly blends sleek modern design with a rare connection to nature, offering a peaceful, light-filled, and stylish living experience in an amazing Austin location. Enjoy life with a private plunge pool, a greenbelt backyard, and instant access to the best of the city. The heart of the home is the open-concept main level, designed for seamless indoor-outdoor integration and bathed in natural light—connecting the kitchen, dining, and living space under one bright, airy footprint. Step through a wall of glass sliding doors to an expansive back deck, perfect for entertaining or unwinding. The plunge pool provides a refreshing escape, while the lush greenbelt backdrop offers a serene retreat. No neighbors behind you. No rooftops. Just canopy. The kitchen is a chef’s dream, featuring stainless steel appliances, a gas range, quartz countertops, a center island with seating, and ample cabinet space. Upstairs, you’ll find three spacious bedrooms and three bathrooms adorned with designer finishes. The primary suite is a true sanctuary, with a spa-like ensuite and generous closet space. The third-floor retreat includes its own full bath and is brimming with possibilities—whether as a guest room, home office, or media room. Stone Gate is a special pocket in East Austin where nature surrounds you, neighbors are connected, and community is fostered. You're just ten minutes from downtown or the airport. Mueller is five minutes away. The Springdale and Manor Road corridors connect you to East Austin's trendiest bars and restaurants. Southern Walnut Creek Trail and Morris Williams Golf Course are in the neighborhood for more outdoor fun. Major nearby employers include Tesla, Oracle, Samsung, and the University of Texas. With its super-central location, modern design, and unique greenbelt setting, 5109 Stone Gate Dr. #1 offers an unparalleled opportunity to experience the best of Austin living.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/08/2025
|
3 Bed
|
3 Bath
|
2063 ft²
|
$815,000
3 Bed
3 Bath
2063 ft²
|
-
-
|
Kari Cooper
eXp Realty, LLC
| |
|
01/12/2021
| |
3 Bed
|
2 Bath
|
1390 ft²
|
$330,000
3 Bed
2 Bath
1390 ft²
|
$309,400
-6.24%
11/29/2021
|
Roshanna Jones
Connect Realty
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017