5305 Ledesma RD #4
About This Property
This beautifully designed detached condo, built in 2025, offers modern living with thoughtful finishes throughout.
Step into a gourmet kitchen featuring a gas range, stainless steel appliances (including the refrigerator), custom cabinetry, and a sleek quartz island. The open-concept layout allows you to cook, entertain, and stay connected as the kitchen overlooks the spacious living area. Large windows fill the home with abundant natural light, creating a warm and inviting atmosphere.
This two-story home includes 2 bedrooms, 2 full baths, and a convenient powder room on the main level.
Located just 3 miles from Lady Bird Lake and surrounded by an incredible selection of restaurants, shopping, and entertainment, you'll enjoy the perfect blend of city energy and private comfort. Relax and recharge in your own urban oasis tucked right in the middle of it all.
Call today to schedule your private tour!
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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 |
|---|---|---|---|
| Sep 12, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 23, 2026 | Listed by Keller Williams Realty | $490,000 | |
| Listed by Keller Williams Realty | |||
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NEW CONSTRUCTION IN EAST AUSTIN AND WITHOUT THE DOWNTOWN PRICE TAG. If you have been searching for a modern, move-in-ready home close to Downtown Austin, this may be the opportunity you've been waiting for.
Welcome to 5305 Ledesma Rd Unit 4, a beautifully designed 2025-built detached condominium and one of only four detached residences in a boutique East Austin condo community. Enjoy the privacy and feel of a standalone home within an intimate four-home compound.
Step inside to a bright, open-concept floor plan filled with natural light. The seamless connection between the living, dining, and kitchen areas creates an inviting space for everyday living, working from home, or entertaining.
The chef-inspired kitchen features quartz countertops, a spacious island, custom cabinetry, stainless steel appliances, and a gas range. Refrigerator conveys.
Upstairs are two spacious bedrooms, each with a private en-suite bathroom ideal for privacy, guests, or flexible living arrangements. A convenient powder bath serves the main level.
Step outside to your private rear deck, perfect for morning coffee, unwinding, or entertaining friends.
The community features three dog parks and access to outdoor recreation, while the location puts you minutes from Downtown Austin, Lady Bird Lake, Mueller, Austin-Bergstrom International Airport, and East Austin's restaurants, coffee shops, and entertainment.
Whether you are buying your first Austin home, relocating, seeking a lock-and-leave lifestyle, or adding Austin real estate to your long-term investment portfolio, 5305 Ledesma Rd Unit 4 offers a compelling combination of 2025 construction, no HOA, private outdoor space, en-suite bedrooms, proximity to Downtown, and exceptional East Austin value.
Why compromise between a new home and an East Austin location when you may be able to have both?
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| Jun 17, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Mar 14, 2026 | Listed by Douglas Elliman Real Estate | $540,000 | |
| Listed by Douglas Elliman Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/14/2026
|
2 Bed
|
2 Bath
|
1100 ft²
|
$540,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
Vanida North
Keller Williams - Austin NW
| |
|
02/19/2025
|
4 Bed
|
4 Bath
|
2400 ft²
|
$875,000
4 Bed
4 Bath
2400 ft²
|
-
-
|
Peyton Anderson
eXp Realty, LLC
| |
|
02/19/2025
|
2 Bed
|
2 Bath
|
1300 ft²
|
$625,000
2 Bed
2 Bath
1300 ft²
|
-
-
|
Peyton Anderson
eXp Realty, LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017