#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
4 bed, 2 bath, 1,599 sqft on 0.12 acres in Lincoln Gardens. Austin, TX 78721. $525,000. Austin ISD.
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!
Verified property facts
5116 Heflin LN Unit #2 is listed at $525,000 with 4 bedrooms, 2 full, 1 half bathrooms, 1,599 square feet, 0.12-acre lot. This places it above the ZIP 78721 single-family closed-sale median price of $437,500 (ZIP 78721 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 25, 2026).
5116 Heflin LN Unit #2 is zoned for Austin ISD with assigned schools: Norman-Sims (elementary), Kealing (middle), Northeast Early College (high). School assignments should be verified directly with the district.
5116 Heflin LN Unit #2 is a Residential built in 2026 featuring 4 bedrooms, 2 full, 1 half bathrooms, 1,599 square feet, 0.12-acre lot.
5116 Heflin LN Unit #2 is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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1 record on file
Every recorded listing, sale, and lease at 5116 Heflin LN Unit #2, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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 |
|---|---|---|---|---|
2025-23.3% | — | $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 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% ($105K)
Adjustable assumption - not a lending recommendation.
$525,000
Luxury property intelligence
A sourced read on Lincoln Gardens 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
74 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 Sep 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
The most recent annual property tax for 5116 Heflin LN Unit #2 is $7,501. 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.
This page does not assume a mortgage rate or publish a monthly payment for 5116 Heflin LN Unit #2. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 25, 2026, 5116 Heflin LN Unit #2 is offered at $525,000. The current MLS snapshot shows 61 active listings in 78721. Keenan Group has completed 5 verified transactions in 78721 within its 1,000+ completed transactions and $1B+ career volume across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$525,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| 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 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
|---|---|
| 1708 Perez ST Unit #B | $515K |
| 1111 Estes Ave Unit #B | $350K |
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