USATXAustinFranklin Park5302 Walnut Grove Dr

Updated former model home in Franklin Park features a private garage apartment | Image 1

5302 Walnut Grove Dr, Austin, TX

House

For Sale

Listed price in listed location currency (USD).

$395,000

430

MLS® 9125033

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 1772 sqft

Garage No

Taxes $6,897

Days Active 0

Lot Size 0.17 acres

Approx. Age 1996

Avg. Price Per Sqft $222

MLS® Number 9125033

Property Address: 5302 Walnut Grove Dr, Austin, TX, 78744-4616

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number9125033

Laundry LevelLaundry Room

Central VacNo

FireplaceNo

Acreage0.17

Exterior

GarageNo

Approx. Age1996

Basement

DrivewayCarport

Garage Spaces0

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 24, 2026List Date

$395,000List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By checking this box, and clicking "Take a Tour", I am confirming that I have read and agree to Zoocasa's Data Processing & Privacy Policy, and to Zoocasa's Terms of Use.

By checking this box, and clicking "Take a Tour", I am electronically signing and consenting to receive marketing communications (about real estate brokerage services and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone and/or text messaging (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from Zoocasa, eXp Realty® and its independent contractor real estate agents, and/or its or their affiliates, using the contact information I provided. Consent is not a condition of purchase. I may opt-out at any time by emailing [email protected] or calling 1-844-683-4664.

Similar Listings

Comparable Properties

Explore eXp Find an Agent Join eXp Investor Relations Company Careers Home Guides

eXp Life Zoocasa SUCCESS®SUCCESS® Lending eXp Revenos eXp Commercial eXp Luxury eXp Land and Ranch Accessibility

Terms and Conditions Privacy Rights Request Privacy Policy Cookie Policy Brand Guidelines Help Sitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker