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5702-2 Penick DRAustin, TX 78741

For Sale

$1,964,999

Smart Buyer Rebate $19,650

Unbelievable value at $504/SF. Luxurious New Construction and incredible value on Historic Golf Course. This new custom residence, design by Dallas based architect Matt Parker, blends timeless design with exceptional craftsmanship in one of Austin’s most historically rich and scenic locations. Located on a quiet, private, street, this 5BD 4.5BA home spans 4,166 SF and sits on a spacious, tree-shaded lot with mature pecans. A gate connects directly to the 300-acre Riverside Golf Course.

The course, designed in 1949 by Perry Maxwell, was once the site of Austin Country Club and where Ben Crenshaw and Tom Kite trained. The home’s architecture and the magnolia-lined street honor this legacy with elegance. Despite the peaceful, natural surroundings, the home is just minutes from downtown and the airport. From the backyard, enjoy watching deer on the fairways and hawks and owls overhead in a serene setting that feels worlds away.

Inside, the open-concept living space features soaring 14’ ceilings, a gas fireplace, and 9” European oak plank flooring. The kitchen offers rift-cut oak cabinetry, dovetail drawers, a JennAir paneled appliance package, pot filler, and oversized pantry. Nearby, a private owner’s planning desk connects to the large mud/laundry room. The primary suite is separated and private and pure luxury.

The home is fully gated and pre-wired for speakers, security, and electric shades throughout, including the primary suite. Additional features include an AV/coat closet under the stairs, decked attic storage over the oversized garage, and an electric-gated driveway. Upstairs, a game room with built-in desks opens to a turf walk-out patio offering breathtaking views of the course and seasonal downtown views. Secondary bedrooms are generously sized, and the Jack-and-Jill bath.

Out back, enjoy a 460 SF covered porch with fans and speakers overlooking the sparkling pool and expansive deck—ideal for relaxing or entertaining. 2/1 buy down available.

Listed by Mike Mogavero

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License #743205

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Compass RE Texas, LLC

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(512) 580-6580

Last updated December 09, 2025

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Source: ACTRIS #1560085

Listing Facts

  • TypeSingle-family
  • NeighborhoodPleasant Valley
  • Bedrooms5
  • Bathrooms5
  • Days on Prevu134
  • Taxes$2,816/year
  • Size4,166 sqft
  • Price per sqft$472

Amenities

  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

12/09/2025
Price Decreased
$1,964,999
11/24/2025
Price Decreased
$1,979,999
10/31/2025
Price Decreased
$1,995,000
09/23/2025
Price Decreased
$2,099,000
09/17/2025
Price Decreased
$2,255,000
09/09/2025
Price Decreased
$2,265,000
07/29/2025
Listed by Compass RE Texas, LLC
$2,275,000

Property Details for 5702-2 Penick DR

Exterior

Construction

  • New Construction: Yes
  • Property Condition: New Construction
  • Roof: Composition
  • Window Features: See Remarks
  • Year Built: 2025
  • Builder Name: OTTO
  • Construction Materials: Hardi Plank Type

Features

  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio, Terrace
  • View: City, Golf Course

Measurements

  • Lot Features: Backs To Golf Course
  • Lot Size Acres: 0.27
  • Lot Size Area: 0
  • Lot Size Square Feet: 12,074

Financial

Taxes

  • Parcel Number: 03061201030000
  • Tax Annual Amount: $2,816.00
  • Tax Assessed Value: $1,129,885.00
  • Tax Year: 2019

Interior

Features

  • Appliances: See Remarks
  • Fireplace Features: Living Room
  • Fireplaces Total: 1
  • Flooring: Tile, Wood
  • Interior Features: Breakfast Bar, Built-in Features, High Ceilings, Vaulted Ceiling(s), Chandelier, Quartz Counters, Electric Dryer Hookup, Eat-in Kitchen, In-Law Floorplan, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom On Main, Soaking Tub, Storage, Walk-In Closet(s), Washer Hookup

Measurements

  • Living Area: 4,166
  • Living Area Source: Plans

Rooms

  • Bathrooms Full: 4
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 5
  • Main Level Bedrooms: 2

Other

Location

  • Subdivision Name: Penick Place
  • Tax Lot: 7

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Garage
  • Parking Total: 4

Schools

Elementary School

  • Elementary School: Allison
  • Elementary School District: Austin ISD

High School

  • High School: Eastside Early College
  • High School District: Austin ISD

Middle or Junior School

  • Middle Or Junior School: Martin
  • Middle Or Junior School District: Austin ISD

Utilities

Equipment

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this single-family home have?

There are 5 bedrooms and 5 bathrooms in this single-family home at 5702-2 Penick DR.

What schools are nearby to 5702-2 Penick DR?

Nearby schools include the Allison Elementary School, Martin Middle School, and Eastside Early College High School.

Does this single-family home have parking?

Yes, there are 2 parking spaces available for 5702-2 Penick DR.

What are the annual taxes for 5702-2 Penick DR?

Annual taxes for this single-family home are estimated at $2,816.

How does 5702-2 Penick DR compare to other single-family homes in Pleasant Valley?

This single-family home is listed 7% below the average price for single-family homes in Pleasant Valley and has been on the market for 82 more days than the typical home in this area.

What is the square footage on this single-family home?

According to the MLS, this listing is 4,166 sqft.

5702-2 Penick DR is a 5-bedroom, 5-bath single-family home for sale in Austin TX 78741. Available on Prevu for 134 days at $1,964,999. This includes a recent price decrease of $15,000. This property features 4,166 square feet of living space, located in Pleasant Valley. The median listing price for single-family homes in this area is $294,500. Nearby schools include Allison Elementary School, Martin Middle School, and Eastside Early College High School. Property amenities include private outdoor space, air conditioning, parking, and swimming pool. Explore more single-family home listings in Austin.

Based on information from ACTRIS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.