4 bed, 2 bath, 1,599 sqft on 0.12 acres in Austin. Austin, TX 78721. $525,000. Austin ISD.
About This Home
NO MONEY DOWN FINANCING AVAILABLE. Welcome to 5116 Heflin Lane #2, a beautifully designed 4-bedroom, 2.5-bath home offering 1,599 square feet of thoughtfully crafted living space in one of East Austin's most vibrant and rapidly growing neighborhoods. Featuring contemporary finishes, abundant natural light, and an open-concept floor plan, this residence seamlessly blends style, comfort, and functionality for modern living. The spacious kitchen flows effortlessly into the dining and living areas, creating an ideal setting for everyday living and entertaining, while four generously sized bedrooms provide flexibility for guests, a home office, or growing households. Step outside to enjoy your private outdoor patio, perfect for morning coffee or relaxing evenings with friends. Ideally located just minutes from Downtown Austin, this home offers convenient access to the city's acclaimed restaurants, live music, nightlife, and major employers. Enjoy local favorites including Flat Track Coffee, Desnudo Coffee, Launderette, Suerte, Justine's Brasserie, and Jacoby's Restaurant & Mercantile, along with nearby Govalle Park, the Walnut Creek Trail, and Lady Bird Lake's hike-and-bike trails for endless outdoor recreation. With easy access to Airport Boulevard, Springdale Road, and Highway 183, commuting throughout Austin is effortless. Whether you're searching for your first home, a low-maintenance lock-and-leave residence, or an investment opportunity in one of Austin's most desirable neighborhoods, 5116 Heflin Lane #2 delivers exceptional design, an unbeatable location, and the best of the East Austin lifestyle. August 15th completion date!
- Property Type
- Residential
- Year Built
- 2026
- Lot Size
- 0.12 acres
- Price / Sq Ft
- $328
- Garage
- 1 spaces
Listing information last updated August 28, 2026.
Listed by Compass RE Texas, LLC
MLS# 6033807 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Ceiling-High
- Quartz Counters
- Interior Steps
- Kitchen Island
- Stainless Steel Appliance(s)
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Private Yard
- Hardi
- Plank Type
- Level
- Wood
- Slab
- Covered
- Porch
- Roof
- Shingle
- Lot Size
- 0.12 Acres
- Driveway
- Garage
- Garage Door Opener
- Garage Faces Front
- Garage Spaces
- 1
Financial
- Original List Price
- $525,000
- Price per Sq Ft
- $328
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 5116 Heflin LN Unit #2, whoever represented it.
- ActiveListed 2026Current price: $525,000Original list: $525,000MLS 6033807
- Listed · July 13, 2026$525,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listed with current price, original ask, and market time.
- Current list
- $525,000
- Original list
- $525,000
- Price movement
- No verified reduction
- Listed / DOM
- Jul 13, 2026 · 95 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $296,477
- Assessment Year
- 2025
- Year Built
- 1986
- Parcel ID
- 000000294262
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-23.3% | — | $296,477 | — | — |
2024-4.4% | — | $386,762 | $120,000 | $197,105 |
2023+58.0% | — | $404,713 | $120,000 | $266,762 |
2022+41.8% | — | $256,152 | $120,000 | $284,713 |
2021 | — | $180,634 | $60,000 | $196,152 |
Zoned Schools
Northeast Early College
Kealing
Norman-Sims
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($105K)
Adjustable assumption - not a lending recommendation.
$525,000
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Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$525,000
Price per sqft
$328/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
95 days
Original to current
No verified reduction
$525K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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