#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Income Property Opportunity in South Austin – Tenant Occupied 3 Bedrooms | 2.5 Bathrooms | 1,840 SqFt | Built in 2019
Great opportunity to own a well-maintained townhouse in the desirable Goodnight Ranch community of South Austin. This two-story home offers 3 bedrooms, 2.5 bathrooms, and 1,840 sq ft of comfortable living space with a functional open-concept layout.
The property is currently tenant-occupied at $1,900 per month, offering immediate rental income. Lease details available upon request. Buyers are advised to verify all terms and discuss any potential changes with the tenant after closing.
Built in 2019, the home features a modern kitchen with stainless steel appliances, a bright living area, and a private balcony overlooking the community pond and walking trails. A two-car rear-entry garage provides added convenience.
Residents enjoy access to community amenities, including: Pool Parks and green spaces BBQ areas Walking trails
Conveniently located with easy access to I-35, and approximately 20 minutes from COTA (Circuit of the Americas), as well as nearby shopping, dining, and Austin ISD schools.
Property is subject to an existing lease. Showings require advance notice. Please contact the listing agent for details.
Property Type
Residential
Year Built
2019
Lot Size
0.10 acres
$/Sq Ft
$204
HOA
$180/quarter
Garage
2 spaces
Listed by Lumena Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
5501-A Charles Merle DR Unit #20 is listed at $375,000 with 3 bedrooms, 2 full, 1 half bathrooms, 1,840 square feet, 0.10-acre lot. This places it above the ZIP 78747 single-family closed-sale median price of $367,490 (ZIP 78747 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
5501-A Charles Merle DR Unit #20 is zoned for Austin ISD with assigned schools: Blazier (elementary), Paredes (middle), Akins (high). School assignments should be verified directly with the district.
5501-A Charles Merle DR Unit #20 is a Residential built in 2019 featuring 3 bedrooms, 2 full, 1 half bathrooms, 1,840 square feet, 0.10-acre lot.
5501-A Charles Merle DR Unit #20 is listed by Lumena Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
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Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Goodnight Ranch
2 records on file
Every recorded listing, sale, and lease at 5501-A Charles Merle DR Unit #20, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-24.6% | — | $383,653 | $17,026 | — |
2024+2.7% | — | $508,684 | $17,026 | $436,115 |
2023+60.4% | — | $495,152 | $17,026 | $491,658 |
2022+25.7% | — | $308,702 | $17,026 | $478,126 |
2021 | — | $245,598 | $17,026 | $291,676 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($75K)
Adjustable assumption - not a lending recommendation.
$375,000
Luxury property intelligence
A sourced read on Goodnight Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$375,000
Price per sqft
$204/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
296 days
Original to current
No verified reduction
$375K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
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5501-A Charles Merle DR Unit #20 is priced at $204 per square foot across 1,840 sqft.
The most recent annual property tax for 5501-A Charles Merle DR Unit #20 is $8,754. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
This page does not assume a mortgage rate or publish a monthly payment for 5501-A Charles Merle DR Unit #20. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 5, 2026, 5501-A Charles Merle DR Unit #20 is offered at $375,000. The current MLS snapshot shows 170 active listings in 78747.
5501-A Charles Merle DR Unit #20 was built in 2019, making it 7 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $180 quarterly for 5501-A Charles Merle DR Unit #20. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
8 events on record
Current Price
$375,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-24.6% | — | $383,653 | $17,026 | — |
2024+2.7% | — | $508,684 | $17,026 | $436,115 |
2023+60.4% | — | $495,152 | $17,026 | $491,658 |
2022+25.7% | — | $308,702 | $17,026 | $478,126 |
2021 | — | $245,598 | $17,026 | $291,676 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
Recent sales for market context
