
Located in Grey Rock Ridge, a sought-after enclave within South Austin’s Circle C community, this thoughtfully maintained home offers timeless design, functional living spaces, and exceptional neighborhood amenities including a dedicated community pool, playground, sidewalks, mature landscaping, and access to highly rated public schools — all less than 20 minutes from downtown Austin. This picturesque community is characterized by wide streets, manicured lawns, and scenic surroundings that make everyday living feel both peaceful and connected. Inside, high ceilings and abundant natural light create a bright, inviting atmosphere throughout the home. The functional floor plan is designed for comfortable everyday living and effortless entertaining, featuring wood-look tile flooring and spacious living areas anchored by a well-appointed kitchen with generous granite countertops, ample cabinetry, and a large walk-in pantry. Outside, the beautifully maintained backyard offers a lush lawn, mature trees, and a covered patio perfect for relaxing mornings, evening gatherings, or year-round entertaining. Upstairs, the oversized primary suite provides a peaceful retreat complete with dual vanities, a soaking tub, separate shower, and a generous walk-in closet. Additional bedrooms and a spacious game room offer the flexibility and room to spread out. Enjoy convenient proximity to scenic trails, the Lady Bird Johnson Wildflower Center, premier shopping, dining, and everything Southwest Austin is known for. Costco, Whole Foods, Target, and Escarpment Village are all nearby, while Grey Rock Golf Club & Tennis and the extensive amenities of Circle C Ranch are just around the corner.
Property Type
Residential
Year Built
2015
Lot Size
0.15 acres
$/Sq Ft
$268
HOA
$1058/mo
Garage
4 spaces
Listed by Kuper Sotheby's Int'l Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
5221 Rain Lily DR is listed at $720,000 with 4 bedrooms, 2 full, 1 half bathrooms, 2,684 square feet, 0.15-acre lot.
5221 Rain Lily DR is zoned for Austin ISD with assigned schools: Bear Creek (elementary), Gorzycki (middle), Bowie (high). School assignments should be verified directly with the district.
5221 Rain Lily DR is a Residential built in 2015 featuring 4 bedrooms, 2 full, 1 half bathrooms, 2,684 square feet, 0.15-acre lot.
5221 Rain Lily 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.
The most recent annual property tax for 5221 Rain Lily DR is $12,628. 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
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 |
|---|---|---|---|---|
2025-9.1% | — | $755,902 | — | — |
2024-10.7% | — | $831,377 | $150,000 | $643,337 |
2023+58.9% | — | $931,394 | $150,000 | $681,377 |
2022+19.4% | — | $586,308 | $150,000 | $781,394 |
2021 | — | $491,000 | $50,000 | $536,308 |
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% ($144K)
$720,000
Luxury property intelligence
A sourced read on Greyrock Ridge Ph 2 pricing, timing, and property scale. No automated valuation claim.
List price
$720,000
Price per sqft
$268/sqft
Vs. Greyrock Ridge Ph 2 median
Not available
Days on market
35 days
Original to current
$29K reduction
$749K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 19, 2026.
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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 ($144,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5221 Rain Lily DR is around $4,788 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $720,000, 5221 Rain Lily DR is in the Greyrock Ridge Ph 2 market where there are currently 48 active listings in 78739. The Keenan Group has completed 17 transactions in 78739 as part of 1,000+ career sales totaling $1B+ across Austin.
5221 Rain Lily DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5221 Rain Lily DR is part of a managed community with HOA dues of $1,058 semi-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.
Car-Dependent
No Nearby Transit
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
7 events on record
Current Price
$720,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.1% | — | $755,902 | — | — |
2024-10.7% | — | $831,377 | $150,000 | $643,337 |
2023+58.9% | — | $931,394 | $150,000 | $681,377 |
2022+19.4% | — | $586,308 | $150,000 | $781,394 |
2021 | — | $491,000 | $50,000 | $536,308 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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