Active Listing  ·  11 days on market

5304 Basswood Ln

Austin, TX 78723
$545,000
3 Bed 2 Bath 1,457 sqft $374/sqft Built 1966 0.22 acres 1-Car Garage Pool Windsor Park Hills Sec 07

Completely reimagined and move-in ready, this stunning East Austin home blends timeless character with modern design. Soaring vaulted ceilings with exposed wood beams, a dramatic white stone fireplace, and an open-concept floor plan create an inviting space that's perfect for both everyday living and entertaining. The chef-inspired kitchen features custom shaker cabinetry, quartz countertops, stainless steel appliances, a large center island, and abundant storage. Step outside to an oversized covered patio overlooking a spacious, private backyard shaded by mature trees ideal for weekend gatherings, pets, or future outdoor amenities. Every detail has been thoughtfully updated, offering the feel of a new home while maintaining warmth and charm. Located just minutes from Downtown Austin, Mueller, major employers, restaurants, and parks, this is the turnkey property buyers have been waiting for.

At $374/sqft, this home is 4% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

5304 Basswood Ln, Austin, TX 78723

Property Details

Price $545,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,457 sqft
Lot Size 0.22 acres (9,474.3 sqft)
Year Built 1966
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Windsor Park Hills Sec 07
County Travis
Zip Code 78723
$/sqft $374/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $10,818.19
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230654717
List Date July 24, 2026
Elementary School Pecan Springs
Middle School Martin
High School Northeast Early College
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1701 Simond Ave #639
Parkside/Mueller Condos
$545,000 $500 2 bd / 2 ba 1,091 sqft , 2026-02-28
800 Embassy Dr #236
Tyndall
$545,000 $423 2 bd / 2 ba 1,289 sqft , 2026-05-18
1609 Larkwood Dr
Delwood 04 Sec B
$545,000 $446 3 bd / 1 ba 1,222 sqft , 2026-07-11
2200 Kenbridge Dr
Allandale North Sec 03
$548,000 $359 3 bd / 2 ba 1,526 sqft , 2026-07-24
606 W Lynn St #21
West End Condo
$549,000 $479 2 bd / 3 ba 1,146 sqft , 2026-04-13

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$2,616/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$109,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$2,616
Principal + Interest−$2,974
Property Tax (~2.1% TX avg)−$954
Insurance (~0.5%)−$227
Est. Monthly Cash Flow $-1,539

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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