5702-2 Penick Dr
Austin, TX, 78741 $ 1,979,999
Bedrooms5 Baths4.1 Sq 4,166 Monthly Estimate*
$ 12,353
for $1,979,999 with 5 bedrooms and 4 full baths, 1 half bath. This 4,166 square foot home was built in 2025 on a lot size of 0.2772.
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.
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FeaturesGeneralLiving Area 4166
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Available Natural Gas Available
Roof Composition
Appliances See Remarks
Garage Spaces 2
Patio/Porch Features Covered Patio Terrace
Pool Features None
Construction Materials HardiPlank Type
Year Built 2025
View City Golf Course
Levels Two
Property Subtype Single Family Residence
Tax Year 2019
Waterfront Features None
Community Features None
Accessibility None
County Travis
New Construction Y
Property Type Residential
HOA N
Energy Efficient None
Subdivision Name Penick Place
Facing Direction South
Green Sustainability None
Other Structures None
Full Baths 4
Status Active
Directions From IH 35 east on Riverside Dr left (north) on Penick Dr. House will be on the left side.
High School Eastside Early College
City Austin
Disclosures None
MLS Area 9
Lot Size Square Feet 12074.83
Spa Features None
Elementary School Allison
Tax Annual Amount 2816
Middle/Junior High School Martin
Property Condition New Construction
Additional Parcels Y/N N
Builder Name OTTO
Standard Status Active
Year Built Source Builder
Tax Assessed Value 1129885
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InteriorInterior Amenities Breakfast Bar Built-in Features Ceiling-High Vaulted Ceiling(s) Chandelier Quartz Counters Eat-in Kitchen In-Law Floorplan Multiple Living Areas Open Floorplan Pantry Primary Bedroom on Main Soaking
Flooring Tile Wood
Total Fireplaces 1
Fireplace Features Living Room
Window Features See Remarks
Half Baths 1
Total Bedrooms 5
Main Level Bedrooms 2
Total Baths 5
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ExteriorExterior Amenities None
Fencing None
Parking Features Garage
Lot Features Backs To Golf Course
Water Source Public
Total Parking 4
Foundation Details Slab
Lot Size Acres 0.2772
Waterfront Y/N N
Covered Spaces 2
Horse Y/N N
Horse Amenities None
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* Excluded FeaturesList ByMike MogaveroListing Agent
Compass Re Texas, LlcBroker
mike.mogavero@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,353
- Monthly Property Taxes
- $235
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Austin, TX
Average List Price $1,026,151
Percent of Sale Price 48%
About Austin, TX 937,069 Population
36% Since 2002
$ 66,040 Median Income
34.22 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
4360729 Elementary School
4360468 Middle School
Eastside Early College High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/24/2025 | $1,979,999 | -0.75% | Price Down |
| 10/31/2025 | $1,995,000 | -4.95% | Price Down |
| 9/23/2025 | $2,099,000 | -6.92% | Price Down |
| 9/17/2025 | $2,255,000 | -0.44% | Price Down |
| 9/9/2025 | $2,265,000 | -0.44% | Price Down |
| 7/29/2025 | $2,275,000 | | Listed Price |