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500K PRICE REDUCTION! Rare opportunity to own this custom built 2 story stone home perched high on a cliff overlooking greenbelt and golf course with stunning panaromic views, inground swimming pool. Over 300K in recent improvements - 5 spacious bedrooms/4 full baths, one 1/2 bath, new windows, exterior doors, 2' X 2" tile flooring down, engineered hardwood wide oak up, 3 new gas fireplaces with remotes, complete interior paint, granite countertops, lighting and plumbing fixtures, extensive master bath remodel with standalone soaking tub, oversized walkin shower, see attached list. Open floor plan - perfect for entertaining, soaring ceiling in living with wall of windows looking out over patio/pool/backyard, stack stone fireplace floor to ceiling with new motorized gas fireplace insert with remote, window shades in living/master bedroom. Office with builtin cabinets provides excellent work from home space , 2 dining, Kitchen upgrades include shaker cabinet faces, new hardware, lighting, new dishwasher/disposal//microwave, granite rough edge countertop. Game room down with doors to pool. Enjoy the outdoors with patio, multiple decks, inviting swimming pool. Nearby highly rated schools, enjoy parks and pond, walking/biking/nature trails, playground, golf course, tennis courts, River Place Country Club. MUST SEE!
Property Type
Residential
Year Built
1996
Lot Size
0.34 acres
$/Sq Ft
$347
HOA
$335/mo
Garage
6 spaces
Pool
Yes
Listed by Austin Castles Realty
Verified property facts
5116 China Garden DR is listed at $1,598,000 with 5 bedrooms, 4 full, 1 half bathrooms, 4,611 square feet, 0.34-acre lot. This places it above the 78730 median of $1,320,000.
5116 China Garden DR is zoned for Leander ISD with assigned schools: River Place (6/10) (elementary), Four Points (7/10) (middle), Vandegrift (9/10) (high). School assignments should be verified directly with the district.
5116 China Garden DR is in River Place, Austin, Texas. See the full [River Place neighborhood guide](/neighborhoods/river-place-austin) for market data, schools, and lifestyle details.
5116 China Garden DR is a Residential built in 1996 featuring 5 bedrooms, 4 full, 1 half bathrooms, 4,611 square feet, 0.34-acre lot.
5116 China Garden 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
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 |
|---|---|---|---|---|
2025-1.0% | — | $1,368,293 | — | — |
2024-12.6% | — | $1,381,563 | $630,000 | $870,000 |
2023+57.2% | — | $1,581,256 | $630,000 | $751,563 |
2022+21.9% | — | $1,006,000 | $630,000 | $951,256 |
2021 | — | $824,933 | $196,875 | $809,125 |

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% ($320K)
$1,598,000
Luxury property intelligence
A sourced read on River Place pricing, timing, and property scale. No automated valuation claim.
List price
$1,598,000
Price per sqft
$347/sqft
Vs. River Place median
+63.9%
$975K median
Days on market
1,144 days
Original to current
$500K reduction
$2.1M original
Active inventory context
9 listings
Price Position in River Place
Listed 64% above the River Place median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 4, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in River Place
Active listings and buyer search context in River Place
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District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
5116 China Garden DR is priced at $347 per square foot across 4,611 sqft. The River Place median list price is $975,000.
The most recent annual property tax for 5116 China Garden DR is $25,523. 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 ($319,600) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5116 China Garden DR is around $10,419 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,598,000, 5116 China Garden DR is in the River Place market where there are currently 39 active listings in 78730. The Keenan Group has completed 16 transactions in 78730 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [River Place guide](/neighborhoods/river-place-austin).
5116 China Garden DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5116 China Garden DR is part of a managed community with HOA dues of $335 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
River Place is one of Austin's established neighborhoods, zoned for Leander ISD in the 78730 area. The Keenan Group has specialized in River Place real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
7 events on record
Current Price
$2,098,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-1.0% | — | $1,368,293 | — | — |
2024-12.6% | — | $1,381,563 | $630,000 | $870,000 |
2023+57.2% | — | $1,581,256 | $630,000 | $751,563 |
2022+21.9% | — | $1,006,000 | $630,000 | $951,256 |
2021 | — | $824,933 | $196,875 | $809,125 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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Neighborhood guide and local insights
River Place is home to one of the most technical trail systems inside Austin city limits. The River Place Nature Trail drops nearly 800 feet through three distinct canyons - Canyon Trail, Panther Hollow, and Little Fern - before reaching Lake Austin. Most neighborhoods talk about outdoor access. River Place delivers terrain that makes experienced hikers pay attention, starting from a trailhead residents can reach on foot. The neighborhood sits in northwest Austin, bounded by RR 2222 south, RR 620 east, and Balcones Canyonlands north and west. Lake Austin forms the western boundary. Downtown takes about twenty-five minutes via 2222 or 360, and the Arboretum tech corridor is fifteen minutes east. Steiner Ranch Steakhouse has been a reliable dinner spot for years. Butterwhisk Brunch House draws weekend crowds. Russell's Bakery handles morning coffee. Bellissima does Italian, Galaxy Cafe covers casual lunch. Housing is predominantly Texas Traditional and Hill Country Stone, reflecting the natural landscape of limestone ledges and native oak groves. Mediterranean and Contemporary styles make up the rest. Homes range from 2,500 to 5,000 square feet. Flat lots are around a quarter acre, while ridgeline lots can exceed an acre. Prices start in the mid-$600s for older homes and run past $2 million for newer builds with views. The sweet spot is $800,000 to $1.4 million for a four- or five-bedroom with Hill Country views and privacy. River Place is served by Leander ISD. River Place Elementary is the neighborhood school with a solid reputation. Students feed into Canyon Ridge Middle School and Vandegrift High School, both relatively new campuses. Vandegrift has earned recognition for music programs, competitive sports, and college prep. Leander ISD may not carry the name recognition of Eanes to the south, but the schools serving River Place are well-funded and consistently improving. The Nature Trail is the headliner, but Bull Creek and St. Edwards Park are both nearby. Bull Creek has swimming holes that fill up on summer weekends. St. Edwards Park has canyon overlooks and seasonal waterfall access. The River Place Country Club provides golf, tennis, swimming, and social events. Weekend mornings start on a trail or at the club, and the rhythm tracks the school calendar. Summers bring families to creek beds, fall means Friday nights at Vandegrift. River Place competes with Steiner Ranch, Canyon Creek, and northern Westlake. Steiner Ranch has similar outdoor access but feels denser. Canyon Creek lacks the canyon-and-ridge topography. Westlake offers Eanes ISD but at significantly higher prices. River Place hits a value position that is hard to match: Hill Country terrain, strong schools, twenty-five-minute commute, at prices well below Westlake or Rob Roy. River Place makes sense for families who want Hill Country terrain and outdoor access without leaving Austin city limits. It is the right neighborhood for people who want a nature trail out the back door, a good school district, and enough space to breathe within a reasonable commute.
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