5302 Walnut Grove Dr, Austin, TX 78744
Local realty services provided by:CENTURY 21 Judge Fite Company
Listed by: theresa bastian
Office: let's move austin llc.
MLS#:9125033
Source:ACTRIS
Price summary
- Price:$395,000
- Price per sq. ft.:$222.91
About this home
Offset your mortgage. Build equity faster. Live smarter.
Updated former 3 bedroom/2 bath model home in Franklin Park featuring a private 1+ bedroom garage apartment with its own entrance, kitchenette, and separate AC system — previously operated as a fully licensed, high-demand short-term rental generating $24,000+ per year over the past five years (with post-pandemic increases). Documentation available.
Live in the main house and let the apartment help pay your mortgage. Or create a private home office, long-term rental, guest suite, or multi-generational setup. The flexibility here is rare, especially with no HOA and a low 2.04% tax rate.
The main home offers spacious living areas, fresh paint, updated appliances (fridge, dishwasher, disposal within the last year), and major system upgrades including a 2019 roof, 2021 & 2018 HVAC systems with REME Halo Air Scrubber LED, and hardwired security with cameras, window/door sensors, and climate control via Alert360. Google Fiber modem installed. Bonus: the property shares a grid with the local fire station — electricity has remained connected during recent winter weather events
The yard is shaded by a professionally maintained century-old live oak in front and a vibrant red oak in back. Shed, playset, refrigerator, washer, and dryer can convey with acceptable offer.
Located in Southeast Austin’s Franklin Park neighborhood where you can walk to the park, pool, library, restaurants, bus stop, and daily essentials. Just minutes to downtown and 7 miles to South & East Austin hotspots. Close to local favorites like Pinthouse Brewing, Independence Brewing Co., and Meanwhile Brewing Co., plus outdoor escapes like McKinney Falls State Park.
Rare versatility in a thriving Southeast Austin pocket. Smart buyers look for options. This property delivers.
Contact an agent
Home facts
- Year built:1996
- Listing ID #:9125033
- Updated:February 25, 2026 at 12:13 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:1,772 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Roof:Composition
- Year built:1996
- Building area:1,772 sq. ft.
Schools
- High school:Akins
- Elementary school:Widen
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$395,000
- Price per sq. ft.:$222.91
- Tax amount:$6,897 (2025)
New listings near 5302 Walnut Grove Dr
- New
$215,000Active2 beds 3 baths1,340 sq. ft.9015 Cattle Baron Path #1203, Austin, TX 78747
MLS# 9163161Listed by: CONGRESS REALTY, INC. - New
$925,000Active2 beds 2 baths1,106 sq. ft.301 West Ave #1309, Austin, TX 78701
MLS# 1656575Listed by: BRAMLETT PARTNERS - New
$1,225,000Active3 beds 3 baths1,982 sq. ft.3019 Garwood St #2, Austin, TX 78702
MLS# 5019705Listed by: KELLER WILLIAMS REALTY - New
$849,900Active3 beds 2 baths1,899 sq. ft.5000 Mission Oaks Blvd #47, Austin, TX 78735
MLS# 9987593Listed by: MORELAND PROPERTIES - Open Fri, 3 to 5:30pmNew
$525,000Active3 beds 2 baths1,419 sq. ft.2008 Lear Ln, Austin, TX 78745
MLS# 4824863Listed by: COMPASS RE TEXAS, LLC - New
$475,000Active2 beds 2 baths1,010 sq. ft.16001 Awalt Dr, Austin, TX 78734
MLS# 7256350Listed by: RUZICKA REAL ESTATE
$1,295,000Pending4 beds 3 baths2,628 sq. ft.7800 Stoneywood Dr, Austin, TX 78731
MLS# 8767783Listed by: COLDWELL BANKER REALTY- Open Sat, 2 to 4pmNew
$674,447Active3 beds 2 baths2,012 sq. ft.5708 Marchmont Ln, Austin, TX 78749
MLS# 1711560Listed by: HEART OF AUSTIN HOMES - New
$579,000Active3 beds 1 baths1,305 sq. ft.7611 Oak Hedge Pl, Austin, TX 78745
MLS# 8281733Listed by: KUPER SOTHEBY'S INT'L REALTY