5 Green Lane, Austin, TX 78703

Nestled on an ultra-exclusive private street with only five distinguished homes, this remarkable property offers a rare combination of privacy, elegance, and architectural character. This remarkable 6 bedroom, 5 full bathroom home offers a rare sense of privacy, sophistication, and natural beauty. Set on a generous .349 acre lot and surrounded by serene greenery with expansive views of downtown Austin. Designed for both refined entertaining and relaxed every day living.

Fully updated in 2021, the home has every modern convenience. A striking wall of glass in the informal living area opens to a charming New Orleans style courtyard with pool. Creating seamless indoor-outdoor flow. Gracious formal living and dining rooms set the stage for refined entertaining while a beautifully appointed study/library provides a quiet retreat.

The primary suite is a true sanctuary, complete with dual walk in closets- his and hers- including a stunning, oversized women's closet designed with luxurious finishes and thoughtful space for every necessity. A flexible bedroom with ensuite bathroom adjoins the suite, adding to its versatility.

Two additional bedroom wings are privately positioned with separate stairs, ideal for family, guests, or multigenerational living. One upstairs wing has a flex room, plus 2 bedrooms with a shared jack and jill bathroom. The other upstairs wing has 2 bedrooms with 2 bathrooms. With designer finishes, smart home features, this home delivers effortless elegance in one of the city's most coveted and discreet neighborhoods.

At $799 a square foot, 5 Green Lane Ln, Austin, TX 78703 delivers 4,797 square feet, six bedrooms, and 5 full baths plus a half bath on a 0.34-acre site, a rare combination this close to downtown. In MLS Area 1B, 5 Green Lane Ln sits in the Windsor Road pocket off Wooldridge Drive, near Harris Boulevard and the historic Pemberton Castle, on a short street known more for privacy and established homes than turnover.

Built in 1961, this single-family residential property gives buyers scale that is hard to find in Central Austin without moving much farther west. The $3.83 million asking price reflects a house with enough room for large households, frequent guests, or multiple work-from-home setups, and the lot size matters in 78703 where land is a major part of long-term value. Six bedrooms and 5.5 baths also give this address flexibility that many older central Austin homes simply do not have. With 18 days on market, it is still early in its exposure window.

For daily life, the location does a lot of the work. Windsor Road, Lake Austin Boulevard, and MoPac make Downtown Austin, the Texas State Capitol, and The University of Texas at Austin roughly 10 minutes away in light traffic. Pease Park, Lions Municipal Golf Course, and the trails around Lady Bird Lake are all nearby, so weekends do not require a long drive. Casis Village and the retail and restaurant stretch along Lake Austin Boulevard keep errands and easy dinners close. This is the kind of address where you can get to Austin High School, a meeting downtown, or a walk in Pease Park without planning your whole day around traffic.

School alignment is another clear draw. The property is in Austin ISD and is associated with Casis Elementary School, O. Henry Middle School, and Austin High School. GreatSchools ratings listed for the address are 10/10 for Casis Elementary, 6/10 for O. Henry Middle, and 7/10 for Austin High. That feeder pattern continues to carry weight with buyers who want central Austin access without giving up strong public school options.

What is it like to live at 5 Green Lane Ln? It feels close-in, established, and practical in the ways that matter: real square footage, a meaningful homesite, fast routes, and access to schools, parks, and core Austin landmarks by name, not just by ZIP code. In a market where central lots keep getting tighter and replacement costs keep rising, this is the kind of Austin property positioned to hold both lifestyle appeal and long-term value.

Pemberton Heights has more homes on the National Register of Historic Places per block than any other neighborhood in Austin. This is where old Austin wealth put down roots in the 1930s, and the streetscape has changed less than you might expect. Walk down Harris Boulevard on a Tuesday morning and you will see original Tudor Revival homes next to recent glass-and-steel builds, separated by a shared property line and a very old live oak.

The neighborhood occupies a compact footprint in 78703, bounded by Shoal Creek east, MoPac west, 35th Street north, and Windsor Road south. Downtown is a ten-minute drive, and many residents bike. Jeffrey's has been the fine dining anchor since the 1970s. Josephine House does refined comfort food. Cipollina and Clark's Oyster Bar are walking distance. Uchi, Emmer and Rye, and Barley Swine are short drives away, putting Pemberton Heights at the center of Austin's culinary map.

Tudor Revival homes make up about a quarter of the stock, with deep-set windows and steep roof pitches. Colonial Revival homes account for another twenty percent. Craftsman bungalows, some original to the 1930s, are scattered throughout. Mediterranean-style homes add variety, and contemporary builds bring the architecture into the current decade. Prices start around $1.2 million for a smaller lot needing work and climb past $5 million for renovated estates. Lots generally run between a fifth and a third of an acre.

Casis Elementary is the neighborhood school with a reputation that has drawn families for generations. Students feed into O. Henry Middle School and Austin High School, one of the most centrally located high schools in any major Texas city. Parents are active, fundraising is robust, and there is shared investment in the public school system. Some families opt for St. Andrew's, St. Austin's, or Austin Montessori, all nearby.

Shoal Creek Trail runs along the eastern edge, providing a shaded corridor for runners heading toward Lady Bird Lake. Pease Park anchors the northeast corner and hosts weekend markets and community events. The trail from Pease Park connects into the broader Butler Trail system, making it possible to run from your front door to the lake without touching a major road. Red Bud Isle is a favorite for dog owners. Social life centers around the restaurants and coffee spots on West Lynn and Exposition.

Pemberton Heights sits at the top of the central Austin market alongside Tarrytown and Old West Austin. Tarrytown offers larger lots and a more suburban rhythm with less walkability to dining. Old West Austin has a more bohemian energy and tighter lots. Pemberton Heights splits the difference: architecturally significant homes on generous lots within walking distance of the best restaurants in the city. New construction is constrained by lot availability and neighborhood review, which limits supply.

Pemberton Heights is for buyers who want to live in the center of Austin's best neighborhood without compromise. It fits families who value Casis Elementary, professionals who want to bike downtown, and anyone who appreciates living in a 1939 Tudor next to a 2024 glass-and-steel build and having both feel like they belong.