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5302 Walnut Grove Dr

Austin, TX 78744
  • $395,000
  • STATUS: Active
  • ID#: 9125033
$395,000
  • 4
    BEDS
  • 0.17
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,772
    SQFT
  • $223
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1996
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Property listed by Theresa Bastian of Let's Move Austin LLC: (512) 297-3442.

Description

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.

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© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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 last updated: 2026-03-15T00:00:23.143.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-03-15T00:00:23.143 (date and time MLS GRID Data was obtained). 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. Click here for MLS GRID DMCA Notice
austin.benkinneyteam.com/homes/173308068
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5302 Walnut Grove Dr Austin, TX 78744

  • Price: $395,000
  • Status: Active
  • On Site: Days
  • ID#: 9125033
4
Beds
3
Baths
0
½ Baths
0.17
Acres
1,772
SQFT
$223
$/SQFT
1996
Built
Neighborhood:
Franklin Park
County:
Travis
Area:
Austin
Elementary School:
Widen
Middle School:
Mendez
High School:
Akins
School District:
Austin ISD
Property Description
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.
Exterior Features

Attached Garage YN No Covered Spaces 0 Direction Faces SE Exterior Features No Exterior StepsPlaygroundPrivate Yard Fencing PrivacyWood Foundation Details Slab Garage YN No Levels One Lot Features Trees-Medium (20 Ft - 40 Ft) Other Structures Shed(s) Parking Features Carport Patio And Porch Features Patio Roof Composition View None Waterfront Features None Waterfront YN No

Interior Features

Appliances DishwasherDisposalDryerGas RangeMicrowaveFree-Standing RangeRNGHDRefrigeratorWasher Cooling Central Air Fireplace Features Living Room Fireplaces Total 1 Flooring CarpetLinoleumTile Heating Central Interior Features Breakfast BarHigh CeilingsFrench DoorsMultiple Living AreasPantryPrimary Bedroom on MainWalk-In Closet(s) Laundry Location Laundry Room Main Level Bedrooms 4 Num Dining 1 Num Living 2 Num Other Level Beds 0 Window Features Window Coverings

Property Features

Accessibility Features None Additional Parcels YN No Association YN No Community Features None Estimated Taxes 6897 Fema Flood Plain No Horse YN No Listing Terms CashConventionalFHAVA Loan New Construction YN No Pool Features None Pool Private YN No Property Condition Resale Property Sub Type Single Family Residence Sewer Public Sewer Spa Features None Special Listing Conditions Standard Tax Annual Amount 6897 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public



© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.The information provided is 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 last updated: 2026-03-15T00:00:23.143.

MLS Grid  logoBased on information submitted to the MLS GRID as of 2026-03-15T00:00:23.143 (date and time MLS GRID Data was obtained). 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. Click here for MLS GRID DMCA Notice
 
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Ben Kinney Real Estate Team
1801 S MoPac Expy, #100
Austin TX, 78746
Property listed by Theresa Bastian of Let's Move Austin LLC: (512) 297-3442.