
Build your vision on this exceptional homesite in the heart of East Austin. Located in an established neighborhood experiencing continued revitalization, this vacant lot offers the flexibility to create a custom residence or pursue an investment opportunity in one of the city's most dynamic areas. Surrounded by a blend of longtime homes and thoughtfully designed new construction, the property is ideally positioned for those seeking both neighborhood character and urban convenience. Shopping, restaurants, parks, major roadways, and downtown Austin are all just minutes away, making this an ideal location for enjoying everything the city has to offer. Whether you're a builder, investor, or future homeowner, this is a chance to secure a well located parcel in an area where demand continues to remain strong. Bring your plans and take advantage of the possibilities this East Austin property has to offer.
Property Type
Land
Lot Size
0.18 acres
Listed by Berkshire Hathaway TX Realty
Property Details
Lot Features
Waterfront
1 record on file
Every recorded sale and lease at 5005 Heflin LN, whoever represented it.
Verified property facts
5005 Heflin LN is zoned for Austin ISD with assigned schools: Sims (elementary), Kealing (middle), Northeast Early College (high). School assignments should be verified directly with the district.
5005 Heflin LN is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 5005 Heflin LN is $4,360. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($70,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5005 Heflin LN is around $2,179 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+38.4% | — | $218,029 | $218,029 | — |
2021 | — | $157,500 | $157,500 | — |

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($70K)
$350,000
Luxury property intelligence
A sourced read on Flournoy & Jones 04 Sec 01 pricing, timing, and property scale. No automated valuation claim.
List price
$350,000
Price per sqft
Not available
Vs. Flournoy & Jones 04 Sec 01 median
Not available
Days on market
11 days
Original to current
No verified reduction
$350K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $350,000, 5005 Heflin LN is in the Flournoy & Jones 04 Sec 01 market where there are currently 75 active listings in 78721. The Keenan Group has completed 5 transactions in 78721 as part of 1,000+ career sales totaling $1B+ across Austin.
5005 Heflin LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
| — |
| $218,029 |
| $218,029 |
| — |
2021 | — | $157,500 | $157,500 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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Recent sales for market context