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5305 Cobalt Canopy DR
Austin, TX, 78723
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$605,395
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Built by Taylor Morrison, Ready December - The Carmichael! Upon entering this beautiful two-story home, you'll be impressed by an open floor plan that highlights a spacious family room, dining room and kitchen area. Perfect for hosting friends and family, center kitchen island and spacious pantry. A powder room and two coat closets are nearby, providing additional storage space. Upstairs, a master bedroom features a sizable walk-in closet, large bathroom with dual sinks, and linen storage. Two secondary bedrooms, a full bath, and laundry finish out the second story. The 2-car garage is conveniently located at the rear of the home. 5305 Cobalt Canopy Bend structural options include: None.
Property Type
Residential
Year Built
2022
Lot Size
0.07 acres
$/Sq Ft
$385
HOA
$170/mo
Garage
2 spaces
Listed by Alexander Properties-Austin
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
5305 Cobalt Canopy DR is listed at $605,395 with 3 bedrooms, 2 full, 1 half bathrooms, 1,572 square feet, 0.07-acre lot. This places it above the ZIP 78723 single-family closed-sale median price of $550,000 (ZIP 78723 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 12, 2026).
5305 Cobalt Canopy DR is zoned for Austin ISD with assigned schools: Pecan Springs (2/10) (elementary), Martin (2/10) (middle), Lyndon B Johnson (Austin ISD) (6/10) (high). School assignments should be verified directly with the district.
5305 Cobalt Canopy DR is a Residential built in 2022 featuring 3 bedrooms, 2 full, 1 half bathrooms, 1,572 square feet, 0.07-acre lot.
5305 Cobalt Canopy DR is listed by Alexander Properties-Austin. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Apr 25, 2026.
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2 records on file
Every recorded listing, sale, and lease at 5305 Cobalt Canopy DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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+35.0% | — | $430,623 | — | — |
2024+721.7% | — | $319,080 | $107,864 | $409,647 |
2021 | — | $38,831 | $38,831 | — |
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% ($121K)
Adjustable assumption - not a lending recommendation.
$605,395
Luxury property intelligence
A sourced read on 51 East pricing, timing, and property scale. No automated valuation claim.
List price
$605,395
Price per sqft
$385/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$50K reduction
$655.4K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 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
This page does not assume a mortgage rate or publish a monthly payment for 5305 Cobalt Canopy DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 5305 Cobalt Canopy DR is offered at $605,395. The current MLS snapshot shows 96 active listings in 78723. Keenan Group has completed 19 verified transactions in 78723 within its 1,000+ completed transactions and $1B+ career volume across Austin.
5305 Cobalt Canopy DR was built in 2022, making it 4 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $170 monthly for 5305 Cobalt Canopy DR. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
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
$605,395
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+35.0% | — | $430,623 | — | — |
2024+721.7% | — | $319,080 | $107,864 | $409,647 |
2021 | — | $38,831 | $38,831 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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