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Austin · Penick Place

$950,000 29 days on market

Reduced from $995,000 · −4.5%

5604 Penick Dr, Austin, TX 78741

  • 3bedrooms
  • 2bathrooms
  • 2,270sqft
  • 0.54acres
  • 1965year built

About this home

Introducing the Penick Urban Homestead, a rare opportunity to own a piece of Austin history—this 3-bedroom, 2-bath single-family home is set on one of the largest residential lots in the 78741 – over half an acre! While many homes are just an address, this street is named after the legendary Harvey Penick, known for his work at the Riverside Golf Course. The two-story layout includes 2 bedrooms on the main level and a dedicated primary suite occupying the entire second floor, providing a sense of scale and privacy that is nearly impossible to find this close to the city center. On the main floor, a spacious living room centers around the fireplace with large windows that frame the massive backyard like a living painting. Hardwood floors run throughout the home, leading into a remodeled kitchen finished with wood cabinetry and granite countertops. A full-length foyer creates a seamless flow from the front of the house to the back. This home has been rebuilt from the outside in with high-end updates throughout, including major systems, roof and windows. For those needing extra room, a door on the second floor opens to a large walk-in attic that offers massive storage or potential for future finished space. The fully fenced backyard contains over 20 fruit trees, including apple, pear, and peach varieties, alongside a 12 x 28-foot deck and a fire pit area with decomposed granite paths. The location is a major draw, placing you adjacent to the Riverside Golf Course, 2 miles from Downtown Austin and 15 minutes from the airport. Enjoy easy access Secret Beach at Roy G. Guerrero Park or hop on the MetroRapid 800 bus just a block away on Pleasant Valley Road. With the $4 billion River Park development nearby and the planned Grove Station on the Blue Line light rail coming soon, this Penick Place home connects you to the best of Austin’s future growth while remaining tucked away on a quiet, private street.

Property

Type
Single Family Residence
Levels
Two
Year built
1965
Lot size
0.54 acres
Subdivision
Penick Place
MLS #
ACT4713974

Inside

Bedrooms
3
Bathrooms
2
Living area
2,270 sqft
Fireplaces
1

Outside / parking

Garage spaces
2

Schools

Elementary
Allison
High school
Eastside Early College
District
Austin ISD

Costs

Est. annual taxes
$6,978 (2025)

Listing

First listed
Apr 9, 2026
Days listed
29
Original price
$995,000
Status
Active

Listed by Brooke Roeder, Christie's Int'l Real Estate · [email protected] · MLS# ACT4713974 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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