10 days on rocket

5702-1 Penick Dr, Austin, TX, 78741

$2,249,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
4,080 SqFt
$551/SqFt
House

Location

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5702-1 Penick Dr, Austin$2,249,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Concrete, Driveway, Electric Gate, Garage, Private
Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceLiving Room
ViewGolf Course, Neighborhood, Pool
Private PoolYes
MLS #6836884
Lot Size0.28 Acres
StatusActive

About 5702-1 Penick Dr

Introducing an exquisite new construction home at 5702-1 Penick Drive in Austin, Texas, a masterpiece designed by renowned Dallas architect Matt Parker and built by Otto Design + Build. This stunning 4,080 sq ft estate offers 5 spacious bedrooms, 3.5 luxurious bathrooms, and a wealth of high-end features that define modern luxury living. As you enter through the grand curvature foyer, you'll be captivated by the massive custom steel and glass front door, setting the tone for the elegance that awaits inside which is direct views of being on the golf course. The heart of this home is the gourmet kitchen, featuring double kitchen islands, a butler's pantry, and an abundance of storage. The kitchen seamlessly flows into the luxurious living room, which boasts a grand chandelier, a sophisticated fireplace, and large sliders that open to the lush .28-acre lot, creating a perfect blend of indoor and outdoor living. The outdoor amenities are equally impressive, with a sparkling pool, a fully equipped outdoor kitchen, and breathtaking views of the Riverside Golf Course and partial views of downtown Austin from the second story balcony. The estate is fully gated and fenced, ensuring privacy and security. This home also features an oversized two-car garage, a walk-in laundry room, and vaulted ceilings that enhance the sense of space and grandeur. The timeless designer tile selection and lighting package add to the home's aesthetic appeal. This is truly a unique and one of a kind offering allowing someone to be just a few miles from Downtown Austin, the Austin airport, and so much more. There are only a handful of homes that back to this golf course so seize the opportunity while it's available! 45 days until completion - final exterior landscaping and pool is wrapping up.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 2
  • Living Area: 4,080 SqFt

Listing Office:

  • Office Name: Kuper Sotheby's Int'l Realty
  • Office Phone: (512) 787-8617
  • Listing Agent: Soud Twal

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dishwasher, Disposal, Gas Oven, Microwave, Oven, Range Hood, Stainless Steel Appliance(s), Tankless Water Heater
  • Flooring Type: Tile, Wood
  • Interior: Built-in Features, Ceiling Fan(s), Chandelier, Double Vanity, Entrance Foyer, High Ceilings, Interior Steps, Kitchen Island, Multiple Living Areas, Main Level Primary, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Sound System, Storage, Smart Home, Soaking Tub, Smart Thermostat, Walk-In Closet(s)
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • View: Golf Course, Neighborhood, Pool
  • Exterior: Balcony, Dog Run, Private Yard

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Attached, Concrete, Driveway, Electric Gate, Garage, Private

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Near Golf Course, Landscaped, Level, Native Plants, On Golf Course, Private, Near Public Transit, Sprinklers
  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Head south on I-35 S, Take exit 233 toward Riverside Dr, turn left onto E Riverside Dr, Turn left onto Penick Dr, Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,249,000
  • Price Per SqFt: $551/SqFt
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

72

# of Sold Homes

669

5702-1 Penick Dr vs Austin

10 DAYS ON ROCKET

-62 Days

$2,249,000

+$1.6M More

$551/SqFt

+$243 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $243/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #6836884

Listing Office:

  • Office Name: Kuper Sotheby's Int'l Realty
  • Office Phone: (512) 787-8617
  • Listing Agent: Soud Twal

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/17/2024, 12:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-452432
2
/10
  • Baty Elementary School

  • 2101 Faro Dr

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-452433
8
/10
  • Idea Montopolis Academy

  • 1701 Vargas Rd

  • 0.60 miles

  • Public Charter Grades KG-5

school-card-donut-452434
5
/10
  • Allison Elementary School

  • 515 Vargas Rd

  • 1.13 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,586. The majority of Austin, TX residents have income less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5702-1 Penick Dr

What is the listing price of this property?

The listing price of 5702-1 Penick Dr property is $2,249,000.

What type of property is this?

The property 5702-1 Penick Dr is a house located in Austin, Texas, 78741.

Is this property for sale now?

Active Listing: 5702-1 Penick Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5702-1 Penick Dr has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5702-1 Penick Dr is 4,080 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5702-1 Penick Dr is 2024.

Rocket HomesTexasTravis CountyAustin787415702-1 Penick Dr

This home is located at 5702-1 Penick Dr in Austin, TX and zip code 78741 in the Southeast neighborhood. This 4,080 square foot home, which was built in 2024, sits on a 0.28 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $2,249,000.

While more than 66 listings in Austin, TX in October 2024 were sold above asking price, there were more than 96 listings sold at asking price, and more than 506 were sold below. The number of homes for sale in Austin, TX increased by 6.3% between September 2024 and October 2024. In October 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $566,430.

From Rocket Homes Real Estate and based on county public records data.

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