
Truly exceptional live-work-create property in the heart of Austin, Texas. A seamless blend of a mid-century ranch-style home, a world-class recording studio, and private studio apartment. All this is achieved under a single standing seam metal roof -- complete with private entrances & facilities. Absolutely a must-see, with over 3300 sqft of craftsmanship and good vibes from the inside out. From your paved off-street parking pad, step through flowering, aromatic Mexican plum trees to access this true unicorn of a property. The gated front yard with multiple gathering spaces set under canopies of majestic Magnolia trees welcome you to this 2 bed, 1 bath pier & beam home constructed in 1955. Gleaming hardwood floors set the stage in the wide, open living area. Playful checkered tile floors and custom tiled bar top pair well with modern gas appliances in this expanded kitchen with ample counter space. Original baby blue vintage tile bath, extra large storage closet and two comfortably sized bedrooms complete this charming main house. Just through the kitchen, discover a well-appointed recording studio that has seen countless artists from Austin & around the world. Repeatedly voted among the Top 3 Best Recording Studios in Austin Chronicle's Music Awards year after year. Not musically inclined? Simply reimagine these inspiring spaces as an art studio/gallery, meditation room, cocktail lounge, media, or reading room. Beyond the next keyed door, access the private 2nd-floor studio apartment. Soaring ceilings and natural light make this 500 sqft. space feel so inviting - complete with kitchenette, washer & dryer connects, plenty of storage, and full black-and-white tile bathroom. Centrally located in eclectic & historic North Loop: by foot or car, quick access to everything from local dives, classic University faves, top Austin restaurants, Downtown, Mueller, I-35. Bike to UT <15 min *See Notable Features, Walkable Bars & Eateries & 3D tour.
Property Type
Residential
Year Built
1955
Lot Size
0.15 acres
$/Sq Ft
$356
Garage
2 spaces
Listed by Keller Williams Memorial
Verified property facts
5114 Caswell Ave is listed at $1,175,000 with 3 bedrooms, 2 full, 1 half bathrooms, 3,296 square feet, 0.15-acre lot. This places it above the 78751 median of $722,500.
5114 Caswell Ave is zoned for Austin ISD with assigned schools: Reilly (8/10) (elementary), Lamar (Austin ISD) (middle), McCallum (8/10) (high). School assignments should be verified directly with the district.
5114 Caswell Ave is a Residential built in 1955 featuring 3 bedrooms, 2 full, 1 half bathrooms, 3,296 square feet, 0.15-acre lot.
5114 Caswell Ave 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 5114 Caswell Ave is $12,486. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Comparable homes that recently closed in this area
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Price Change 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 |
|---|---|---|---|---|
2025-35.6% | — | $610,100 | — | — |
2024-5.1% | — | $947,645 | $450,000 | $278,513 |
2023+35.8% | — | $998,824 | $450,000 | $497,645 |
2022 | — | $735,345 | $450,000 | $548,824 |

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. Ratings from GreatSchools.org.
20% ($235K)
$1,175,000
Luxury property intelligence
A sourced read on Highlands pricing, timing, and property scale. No automated valuation claim.
List price
$1,175,000
Price per sqft
$356/sqft
Vs. Highlands median
Not available
Days on market
110 days
Original to current
$60K reduction
$1.2M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 25, 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
With 20% down ($235,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5114 Caswell Ave is around $7,137 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,175,000, 5114 Caswell Ave is in the Highlands market where there are currently 50 active listings in 78751. The Keenan Group has completed 8 transactions in 78751 as part of 1,000+ career sales totaling $1B+ across Austin.
5114 Caswell Ave was built in 1955 (71 years ago). Buyers should budget for potential updates to major systems.
5114 Caswell Ave 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.
7 events on record
Current Price
$1,175,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-35.6% | — | $610,100 | — | — |
2024-5.1% | — | $947,645 | $450,000 | $278,513 |
2023+35.8% | — | $998,824 | $450,000 | $497,645 |
2022 | — | $735,345 | $450,000 | $548,824 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Highlands
Recent sales for market context