5507 Burgundy Dr · Austin, TX 78724

$285,000

4 bd · 2.0 ba · 1,428 sqft · SingleFamily public records · 317 Days on market

Built 1980 6,542 sqft lot $200/sqft · 32% below area Est $418k · 32% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +8.7/30.0
• Livability +4.1/5.0
• Schools +3.4/10.0
• 1% rule +3.1/10.0
• Rent growth +2.6/5.0
• Condition / age +2.5/5.0
• DSCR +2.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This charming single-level home in the heart of thriving East Austin, offers may possibilities. This 4-bedroom, 2-bath residence features a formal living and dining area, and a spacious backyard ideal for entertaining or relaxing. This home has great potential! Located in a transitional neighborhood, this property offers versatility for owner-occupants and investors alike. A rare find with multiple opportunities for homestead, long or short-term investment.

Key facts

• Spacious backyard
• Single-level home
• 6,542 sq ft lot

Tags

• SINGLE-LEVEL HOME
• FORMAL LIVING AND DINING AREA
• SPACIOUS BACKYARD

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $285k.

Deal economics

• At list price, monthly cash flow is $-237 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $243k (14.7% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $230k (19.4% below list).
• Recommended offer: $230k (19.4% below list) — sets the bar for 1% rule.
• Cap rate 5.3% vs local median 1.8% in Austin — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 82/100 on livability (#16 in TX, #1,208 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, employment A+; Watch: cost of living D, crime F.
• Austin ISD (urban): math 33% / reading 44% proficiency, ranked #431 of 826 in TX (top 52%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents flat; 180 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 17,121 units permitted in Travis County in 2024 (11,963 in 5+ unit buildings).
• This rent runs 35% of the median local income ($78k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Travis County population projected at +60% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 317 days — a 12% lower offer ($251k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 6y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $229,673 (19.4% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 317 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.81% ✗
• Cap rate: 5.29%
• Cash-on-cash: -3.57%
• DSCR: 0.84
• GRM: 10.3

CMA / ARV

• ARV (median comp): $418,037
• List price: $285,000
• Delta: -31.82%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7213 Inspiration Dr	0.27mi	3/2.0 (-1)	1,330 (-7%)	2mo	$415,000	$312	69
8001 Crystalbrook W	0.47mi	3/2.0 (-1)	1,488 (+4%)	1mo	$387,500	$260	65
5512 Hibiscus Dr	0.10mi	3/2.0 (-1)	1,475 (+3%)	24mo	$445,000	$302	65
7005 Millrace Dr	0.44mi	3/2.0 (-1)	1,459 (+2%)	12mo	$450,000	$308	61
7400 Lazy Creek Dr	0.26mi	3/2.0 (-1)	1,344 (-6%)	17mo	$259,900	$193	59
6805 Crystalbrook Dr	0.67mi	3/2.0 (-1)	1,496 (+5%)	2mo	$401,000	$268	54
5804 Whitebrook Dr	0.60mi	3/2.0 (-1)	1,326 (-7%)	4mo	$275,000	$207	51
5711 Boulder Crk	0.56mi	3/2.0 (-1)	1,482 (+4%)	16mo	$329,990	$223	49
5704 Whitebrook Dr	0.58mi	3/2.0 (-1)	1,603 (+12%)	2mo	$415,000	$259	46
7006 Brook Valley Cir	0.43mi	3/2.5 (-1)	1,536 (+8%)	19mo	$429,999	$280	45
7202 Chisos Pass	0.37mi	3/2.0 (-1)	1,222 (-14%)	23mo	$310,000	$254	34
7000 Crystalbrook Dr	0.50mi	3/2.0 (-1)	1,612 (+13%)	19mo	$275,000	$171	34

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.26% rent growth · sell at horizon

5-year hold

• IRR: -25.5%
• Equity multiple: 0.16×
• Total profit: $-67,374
• Equity at exit: $42,494

10-year hold

• IRR: -34.2%
• Equity multiple: -0.27×
• Total profit: $-101,725
• Equity at exit: $24,642

Cash invested: $79,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 78724

• Home prices YoY: -13.1%
• Rents YoY: 0.3%
• Active inventory: 180
• Price-to-rent: 10.3×

Monthly cashflow live

• Estimated rent: $2,297 high
• Mortgage (P&I): −$1,495
• Tax from tax record: −$438 /mo · $5,261/yr
• Insurance: −$119
• HOA: −$0
• Vacancy / Maint / Mgmt: −$482
• Net cashflow: $-237

Break-even live

Break-even rent $2,597

Max offer price $243,080

Occupancy floor —

Sensitivity live

Price	-10% $-76	-5% $-157	+0% $-237	+5% $-318	+10% $-399
Rent	-10% $-419	-5% $-328	+0% $-237	+5% $-147	+10% $-56
Rate	-1.0pp $-94	-0.5pp $-165	base $-237	+0.5pp $-311	+1.0pp $-386

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $71,250
• Closing costs: $8,550
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5406 Pecan Brook Dr Austin, TX	3.0	2.0	1185	$2,600	$2.19	25d	1	0.07mi
7305 Inspiration Dr Austin, TX	3.0	2.0	1560	$2,095	$1.34	45d	1	0.19mi
7500 Rio Pass Austin, TX	5.0	3.0	1845	$2,695	$1.46	16d	1	0.21mi
7500 Rio Pass Austin, TX	5.0	3.0	1845	$2,695	$1.46	14d	1	0.21mi
7502 Lazy Creek Dr Unit B Austin, TX	3.0	2.5	1424	$1,999	$1.40	25d	1	0.27mi
7510 Lazy Creek Dr Unit A Austin, TX	3.0	2.5	1424	$2,495	$1.75	6d	1	0.27mi
7510 Lazy Creek Dr Unit B Austin, TX	3.0	2.5	1424	$2,395	$1.68	45d	1	0.27mi
7409 Chisos Pass Austin, TX	3.0	2.0	1401	$2,300	$1.64	22d	1	0.30mi
5501 Purple Sage Dr Unit A Austin, TX	3.0	2.0	1127	$1,895	$1.68	5d	1	0.34mi
5209 Purple Sage Dr Unit A Austin, TX	3.0	2.0	1633	$1,950	$1.19	45d	1	0.40mi
5007 Crainway Dr Austin, TX	3.0	2.0	1294	$1,425	$1.10	45d	1	0.44mi
5001 Crainway Dr Unit 5034 Austin, TX	3.0	2.0	1294	$1,942	$1.50	0d	1	0.46mi
7009 Zachary Dr Austin, TX	3.0	2.0	1827	$2,900	$1.59	19d	1	0.71mi
6200 Loyola Ln Austin, TX	1.0–3.0	1.0–2.0	946	$1,119	$1.18	6d	9	0.79mi
6907 Tulane Dr Austin, TX	4.0	3.0	1728	$3,500	$2.03	21d	1	0.83mi
6400 Loyola Ln Austin, TX	2.0–3.0	2.0	1035	$1,349	$1.30	14d	1	0.84mi
7320 Muffin Dr Austin, TX	3.0	2.0	1499	$2,045	$1.36	16d	1	0.88mi
6502 Bridgewater Cv Austin, TX	3.0	2.0	1492	$2,695	$1.81	0d	1	0.90mi
6809 Jaired Dr Austin, TX	3.0	2.0	1162	$1,900	$1.64	45d	1	0.92mi
7120 Carwill Dr Austin, TX	3.0	2.0	1500	$2,000	$1.33	16d	1	0.94mi
7106 Colony Park Dr Austin, TX	3.0	2.0	1039	$2,150	$2.07	6d	1	0.95mi
6805 Dubuque Ln Austin, TX	3.0	2.0	982	$2,095	$2.13	16d	1	1.00mi
6902 Colony Park Dr Austin, TX	4.0	1.5	1500	$2,250	$1.50	25d	1	1.03mi
6704 Dubuque Ln Austin, TX	3.0	2.5	1664	$2,349	$1.41	45d	1	1.07mi
6704 Dubuque Ln Austin, TX	3.0	2.5	1664	$2,349	$1.41	25d	1	1.07mi
6712 Bryn Mawr Dr Austin, TX	4.0	3.0	1498	$3,300	$2.20	25d	1	1.10mi
8712 Old Manor Rd Austin, TX	1.0–4.0	1.0–2.0	1073	$1,699	$1.58	25d	1	1.11mi
6700 La Salle Dr Austin, TX	3.0	2.0	1564	$2,400	$1.53	12d	1	1.15mi
6000 Ed Bluestein Blvd Austin, TX	1.0–3.0	1.0–2.0	940	$2,444	$2.60	0d	35	1.16mi
8707 Karling Dr Austin, TX	3.0	2.0	1296	$1,058	$0.82	45d	1	1.19mi
6001 Ed Bluestein Blvd Austin, TX	3.0	2.0	1522	$2,369	$1.56	21d	1	1.20mi
3201 Jack Cook Dr Unit A Austin, TX	4.0	2.0	1500	$1,900	$1.27	6d	1	1.23mi
6301 Arnold Dr Unit A Austin, TX	3.0	1.0	1264	$2,300	$1.82	45d	1	1.27mi
6257 Manor Rd Unit B Austin, TX	3.0	1.5	1150	$1,275	$1.11	25d	1	1.31mi
9000 Wellesley Dr Austin, TX	3.0	2.5	1385	$2,000	$1.44	19d	1	1.31mi
2606 Loyola Ln Austin, TX	3.0	2.0	1732	$2,700	$1.56	12d	1	1.36mi
5216 Coppermead Ln Austin, TX	3.0	2.5	1385	$2,000	$1.44	45d	1	1.36mi
9203 Wellesley Dr Austin, TX	3.0	2.0	1178	$1,825	$1.55	45d	1	1.40mi
7512 Daves Landing Dr Austin, TX	3.0	2.0	1366	$2,200	$1.61	25d	1	1.45mi
7601 Daffan Ln Unit 711 Austin, TX	3.0	2.0	1568	$1,763	$1.12	19d	1	1.46mi

Listing history 27 events

1. 2026-06-21
   days on market $285,000 Active 317 DOM
2. 2026-06-18
   days on market $285,000 Active 314 DOM
3. 2026-06-17
   days on market $285,000 Active 313 DOM
4. 2026-06-16
   days on market $285,000 Active 312 DOM
5. 2026-06-15
   days on market $285,000 Active 311 DOM
6. 2026-06-13
   days on market $285,000 Active 309 DOM
7. 2026-06-09
   days on market $285,000 Active 305 DOM
8. 2026-06-08
   days on market $285,000 Active 304 DOM
9. 2026-06-07
   days on market $285,000 Active 303 DOM
10. 2026-06-05
    days on market $285,000 Active 300 DOM
11. 2026-06-03
    days on market $285,000 Active 299 DOM
12. 2026-06-02
    days on market $285,000 Active 298 DOM
13. 2026-06-01
    days on market $285,000 Active 297 DOM
14. 2026-05-31
    days on market $285,000 Active 296 DOM
15. 2025-08-08
    listed $285,000 Active 461-char remark

    Show marketing remark (461 chars)

    This charming single-level home in the heart of thriving East Austin, offers may possibilities. This 4-bedroom, 2-bath residence features a formal living and dining area, and a spacious backyard ideal for entertaining or relaxing. This home has great potential! Located in a transitional neighborhood, this property offers versatility for owner-occupants and investors alike. A rare find with multiple opportunities for homestead, long or short-term investment.

16. 2025-02-28
    price
17. 2024-10-14
    status Active
18. 2024-10-07
    historical Active Under Contract
19. 2024-08-30
    listed Active
20. 2022-01-13
    soldstatus
21. 2020-10-15
    soldstatus Closed
22. 2020-10-15
    soldstatus
23. 2020-09-17
    historical Active Under Contract
24. 2020-09-08
    status Pending - Taking Backups
25. 2020-07-21
    listed $250,000 Active
26. 2012-04-02
    soldstatus
27. 1981-03-18
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $5,261 · $438/mo
• Projected year-2 tax: $5,261 · $438/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥108°F today · 24 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,561
• − Mortgage interest: −$15,964
• − Property taxes: −$5,261
• − Insurance: −$1,425
• − Repairs & maintenance: −$2,205
• − Management: −$2,205
• − Depreciation: −$8,291
• Taxable loss: −$7,790
• Est. tax savings @ 24.0%: +$1,870
• After-tax cash flow: $-978/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Austin ISD
• NCES district ID: 4808940
• Math proficiency: 33% ▼ -19.00%
• Reading proficiency: 44% ▼ -7.00%
• Median HH income: $54,627
• Composite: 33.65/100
• National rank: #5397
• State rank: #431 of 826 in TX

Livability — Austin

• Score: 82/100
• State rank: #16
• US rank: #1208

Category grades

Amenities A+ Commute A+ Cost of living D Crime F Employment A+ Housing A+ Health & safety A+ User ratings D

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Austin, TX
• County: Travis County · 1,299,254 people
• City population: 1,066,854
• Metro: Austin-Round Rock-Georgetown, TX
• Population (ZIP): 31,103
• Household income: $77,926
• Rent vs Own: 39.4% rent · 60.6% own
• Severe rent burden: 873.0

Population outlook (Travis County) Hauer SSP2

• Today (2025): 1,545,133 people
• By 2030: 1,729,269 · +11.9%
• By 2040: 2,097,596 · +35.8%
• By 2050: 2,463,890 · +59.5%
• By 2075: 3,249,374 · +110.3%
• By 2100: 3,801,868 · +146.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.56)
• Race & ethnicity: Hispanic / Latino 63% Two or more races 30% Black 15% White 15% Asian 3%
• Hispanic origin (detail): Mexican 54% Puerto Rican 2% Cuban 1%
• Common ancestry: Slovak 2% Lithuanian 1%
• Foreign-born: 23% · Canada, Jamaica, China
• Languages at home: 48% English-only · Spanish 48% Other Asian/Pacific 1% Other Indo-European 1%

Political lean MEDSL · Travis

• 2024 margin: Solid D (+39.3) · D 68.8% · R 29.4% · Other 1.8%
• 2008→2024 swing: +9.9pp toward D · 2008: 29.4pp · 2024: 39.3pp
• All cycles: 2024: D+39.3 2020: D+45.0 2016: D+38.9 2012: D+23.9 2008: D+29.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -42.92%
• Current HPI: 284.1007
• Rent YoY: ▲ 0.26%
• Metro: Austin-Round Rock-Georgetown, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

+14.0% since first listed

13 events — show timeline

• 2025-08-08 Listed $285,000 Unlock MLS
• 2025-02-28 Price Changed — Unlock MLS
• 2024-10-14 Relisted — Unlock MLS
• 2024-10-07 Contingent — Unlock MLS
• 2024-08-30 Listed — Unlock MLS
• 2022-01-13 Sold (Public Records) — Public Records
• 2020-10-15 Sold (Public Records) — Public Records
• 2020-10-15 Sold (MLS) — Unlock MLS
• 2020-09-17 Contingent — Unlock MLS
• 2020-09-08 Pending — Unlock MLS
• 2020-07-21 Listed $250,000 Unlock MLS
• 2012-04-02 Sold (Public Records) — Public Records
• 1981-03-18 Sold (Public Records) — Public Records

Property tax history

+5.1%/yr

Latest (2026): $5,261 · +20.0% YoY. Source: county tax records.