
Exceptional opportunity in the highly sought-after 78745 corridor. Situated on a generously sized lot backing directly to Williamson Creek and a scenic greenbelt, this property offers a rare combination of privacy, natural surroundings, and redevelopment potential in one of South Austin's most desirable locations. Ready for renovation and its next chapter. The single-story floor plan features four bedrooms, two living areas, one full bathroom, and two half bathrooms, providing flexibility for a variety of future uses. The main living area flows into the kitchen, which includes a gas range and is positioned for easy entertaining. A second living space offers additional versatility and could serve as a home office, media room, playroom, or creative studio. Sliding glass doors open to the backyard, where an in-ground pool overlooks the greenbelt setting. With direct access to the creek and surrounding natural area, the property presents a unique opportunity to create a private outdoor retreat. Conveniently located just minutes from Ben White Boulevard and IH-35, with quick access to Downtown Austin, South Congress, South Lamar, South First, and St. Elmo District favorites. Enjoy nearby restaurants, coffee shops, entertainment venues, and local shopping while still benefiting from a peaceful, tucked-away setting. Whether you're seeking a renovation project, investment property, or homesite with long-term upside, this property offers outstanding potential in a prime South Austin location. Property is being sold as-is.
Property Type
Residential
Year Built
1972
Lot Size
0.23 acres
$/Sq Ft
$252
Garage
2 spaces
Pool
Yes
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
5111 Meadow Creek DR is listed at $360,000 with 4 bedrooms, 1 full, 2 half bathrooms, 1,427 square feet, 0.23-acre lot.
5111 Meadow Creek DR is zoned for Austin ISD with assigned schools: St Elmo (elementary), Bedichek (middle), Travis (high). School assignments should be verified directly with the district.
5111 Meadow Creek DR is a Residential built in 1972 featuring 4 bedrooms, 1 full, 2 half bathrooms, 1,427 square feet, 0.23-acre lot.
5111 Meadow Creek DR 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.
With 20% down ($72,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5111 Meadow Creek DR is around $2,528 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
Listed 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 |
|---|---|---|---|---|
2025-20.4% | — | $445,586 | — | — |
2024-7.6% | — | $559,696 | $350,000 | $117,097 |
2023+51.2% | — | $605,650 | $350,000 | $209,696 |
2022 | — | $400,467 | $350,000 | $255,650 |

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% ($72K)
$360,000
Luxury property intelligence
A sourced read on Emerald Forest Sec 04 pricing, timing, and property scale. No automated valuation claim.
List price
$360,000
Price per sqft
$252/sqft
Vs. Emerald Forest Sec 04 median
Not available
Days on market
32 days
Original to current
No verified reduction
$360K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 18, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $360,000, 5111 Meadow Creek DR is in the Emerald Forest Sec 04 market where there are currently 179 active listings in 78745. The Keenan Group has completed 29 transactions in 78745 as part of 1,000+ career sales totaling $1B+ across Austin.
5111 Meadow Creek DR was built in 1972 (54 years ago). Buyers should budget for potential updates to major systems.
5111 Meadow Creek DR 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.
8 events on record
Current Price
$360,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-20.4% | — | $445,586 | — | — |
2024-7.6% | — | $559,696 | $350,000 | $117,097 |
2023+51.2% | — | $605,650 | $350,000 | $209,696 |
2022 | — | $400,467 | $350,000 | $255,650 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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