This home is under contract and no longer accepting offers. The price below is the last listed price, kept for reference only — if the deal falls through it may return to the market.
5503 Basswood LN, Austin TX 78723
MLS #245025443 · Hendricks Real Estate · Tim Hendricks
About this home
Welcome to 5503 Basswood Lane — a charming East Austin home offering the perfect mix of character, comfort, and convenience in one of Austin’s most rapidly growing areas. This thoughtfully designed 3-bedroom, 2-bath home features an open and functional layout with abundant natural light and inviting living spaces throughout. The kitchen flows seamlessly into the main living and dining areas, creating an ideal setup for entertaining, relaxing evenings at home, or everyday living. Spacious bedrooms provide comfortable retreats, while the primary suite offers privacy and a well-appointed ensuite bath. Step outside to enjoy the generously sized yard with a brand new fence and plenty of space for pets, gardening, entertaining, or simply enjoying Austin evenings under the trees. Located just minutes from Mueller, Downtown Austin, major employers, local restaurants, coffee shops, and parks, this home delivers both accessibility and neighborhood charm. Whether you're looking for your next primary residence or an investment opportunity, 5503 Basswood offers the lifestyle and location buyers are searching for. Special Financing Available! Ask about our preferred lending partner, SouthStar Bank, and its H.O.P.E. Home Loan Program. This property is located in a designated H.O.P.E. area, and qualified buyers may be eligible for a 6.99% fixed-rate, 30-year loan with no origination or processing fees, no private mortgage insurance, and as little as approximately 5% down for this home due to the program's $450,000 maximum loan amount. Household income must not exceed $266,000 per year, and buyer and property qualification requirements apply. Contact the listing agent for more information or to be connected with the preferred loan officer.
Property details
- Property type
- Residential · SingleFamilyResidence
- Status
- Active
- Year built
- 1967
- Full baths
- 2
- Lot size
- 0.356
- Subdivision
- Preswyck Hills Sec 04
- MLS area
- 3
- MLS #
- 245025443
Features
Interior features
- Vaulted Ceiling(s)
- Quartz Counters
- French Doors
- Kitchen Island
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Walk-In Closet(s)
Exterior features
- Private Yard
Additional details
- Parking
- Attached
- Garage spaces
- 2
- Roof
- Composition
- Foundation
- Slab
- Annual tax
- $9,805
Location
View Street ViewLoading map…
Schools
Assigned schools per the MLS.
- School district
- Austin ISD
- Elementary
- Pecan Springs
- Middle
- Pearce Middle
- High
- Northeast Early College
Comparable homes near 5503 Basswood LN
Similar homes currently for sale nearby, ranked by distance.
Getting around
- Downtown Austin
- 4.6 mi
- Austin-Bergstrom Airport
- 7 mi
Straight-line distance, not drive time.
Market insights
Compared with 308 active homes in ZIP 78723 · HomeLocating listings
At $415,000, this home is priced 20% below the $517,000 median across 308 active homes in ZIP 78723.
Estimated monthly payment
Home price
$415,000
Down payment
20% ($83,000)
Loan details
30-yr fixed, 6.50%
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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.
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Listing courtesy of Hendricks Real Estate · Tim Hendricks
Listing data last updated Sep 18, 2026, 11:46 PM
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