See Home Value
$1,964,999
● House - Off Market

5702-2 Penick DR

Austin, TX 78741
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,166 Ft²
$9,884
Est. Monthly
1.93%
Cap Rate

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.
Unit Size
4,166 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$472
Property Type
House
Property Taxes
$235
HOA Dues
-
Year Built
1966

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Last updated: 10 months ago (Unlock MLS #ACT1560085)

Price History

Date / Event Date Event Price
Jan 1, 2026 No longer available -
No longer available
Dec 10, 2025 Price Decreased $1,964,999
↓ $15K (0.8%)
Price Decreased
Nov 25, 2025 Price Decreased $1,979,999
↓ $15K (0.8%)
Price Decreased
Nov 1, 2025 Price Decreased $1,995,000
↓ $104K (5%)
Price Decreased
Sep 24, 2025 Price Decreased $2,099,000
↓ $156K (6.9%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,092
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,540
  • Total Building Area: 3,336
  • Gross Building Area: 3,336
  • Building Area: 3,336
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,336
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PENICK PLACE
  • Land Acres: 0000000599
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 7 PENICK PLACE

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 002325

Geography

  • Assessors Map Reference: 0306120103
  • Account Number: 286717
  • Parcel: 286717
  • Lot: 7
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.2292
  • Longitude: -97.7089

    Address

  • Full Address: 5702 Penick Dr
  • Address - House Number: 5702
  • Address - Street Name: Penick
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C053
  • 4-Digit Zip Code: 5008
  • Zip Code: 78741

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,262,189
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.1891
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 75
  • Final Value: 1,502,878
  • High Value: 1,787,084
  • Low Value: 1,218,672

    Market Valuation

  • Market Total Value: $1,145,457
  • Market Land Value: $243,750
  • Market Improvement Value: $901,707

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,145,457
  • Assessed Land Value: $243,750
  • Assessed Improvements Value: $901,707

    Sales

  • Current Sale Contract Date: Sep 16, 2020
  • Current Sale Recording Date: Sep 18, 2020
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020172837
  • Previous Sale Recording Date: Sep 16, 2003
  • Previous Sale Contract Date: Sep 16, 2003
  • Previous Sale Amount: $125,900
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About East Riverside-Oltorf


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Frequently Asked Questions

When was property at 5702 Penick Drive built and last sold?
The property at 5702 Penick Drive was built in 1966 and last sold on Sep 16, 2020 for $3,456,300.
How much is this home worth?
The estimated value of the home located at 5702 Penick Drive is $0.
What are some comparable homes to 5702 Penick Drive?
There are currently no comparable homes to 5702 Penick Drive.