#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Tucked away on a quiet cul-de-sac in highly sought-after River Place, this rare one-story gem offers the perfect blend of comfort, functionality, and timeless charm. From the moment you arrive, the meticulously landscaped yard and inviting curb appeal set the tone for what’s inside.
Designed with both everyday living and entertaining in mind, this spacious 3-bedroom, 2-bath home features two living areas and two dining spaces, giving you the flexibility for a home office, reading room, or additional gathering space. The light-filled family room is anchored by a cozy fireplace with a raised hearth, while walls of windows bring in an abundance of natural light.
The kitchen is truly the heart of the home, offering extensive cabinetry, a center island, pantry, breakfast bar, and an open flow into the family room — perfect for hosting friends or keeping conversations going while cooking. The spacious primary suite feels like a private retreat with dual vanities, a relaxing soaking tub, and separate shower.
Step outside and you’ll find a backyard built for relaxing Texas evenings — complete with a covered patio that extends onto an expansive flagstone entertaining patio, mature landscaping, and privacy fencing that creates your own peaceful outdoor escape. With a separate laundry room, two-car garage, tile and carpet flooring, and an unbeatable location, this River Place beauty checks all the boxes.
Property Type
Residential
Year Built
1996
Lot Size
0.20 acres
$/Sq Ft
$308
HOA
$462/mo
Garage
2 spaces
Listed by All City Real Estate Ltd. Co
Verified property facts
5308 Deerwood LN is listed at $724,000 with 3 bedrooms, 2 full bathrooms, 2,350 square feet, 0.20-acre lot.
5308 Deerwood LN is zoned for Leander ISD with assigned schools: River Place (elementary), Four Points (middle), Vandegrift (high). School assignments should be verified directly with the district.
5308 Deerwood LN is in River Place, Austin, Texas. See the full [River Place neighborhood guide](/neighborhoods/river-place-austin) for market data, schools, and lifestyle details.
5308 Deerwood LN is a Residential built in 1996 featuring 3 bedrooms, 2 full bathrooms, 2,350 square feet, 0.20-acre lot.
5308 Deerwood LN 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
1 record on file
Every recorded sale and lease at 5308 Deerwood LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Pending 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 |
|---|---|---|---|---|
2025-23.8% | — | $597,596 | — | — |
2024-6.5% | — | $784,628 | $400,000 | $294,675 |
2023+58.6% | — | $839,456 | $400,000 | $384,628 |
2022 | — | $529,448 | $400,000 | $439,456 |
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% ($145K)
$724,000
Luxury property intelligence
A sourced read on River Place pricing, timing, and property scale. No automated valuation claim.
List price
$724,000
Price per sqft
$308/sqft
Vs. River Place median
-25.7%
$975K median
Days on market
94 days
Original to current
$25K reduction
$749K original
Active inventory context
9 listings
Price Position in River Place
Listed 26% below the River Place median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
5308 Deerwood LN is priced at $308 per square foot across 2,350 sqft. The River Place median list price is $975,000.
The most recent annual property tax for 5308 Deerwood LN is $13,598. 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 ($144,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5308 Deerwood LN is around $4,890 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $724,000, 5308 Deerwood LN is in the River Place market where there are currently 37 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).
5308 Deerwood LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5308 Deerwood LN is part of a managed community with HOA dues of $462 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)
10 events on record
Current Price
$749,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-23.8% | — | $597,596 | — | — |
2024-6.5% | — | $784,628 | $400,000 | $294,675 |
2023+58.6% | — | $839,456 | $400,000 | $384,628 |
2022 | — | $529,448 | $400,000 | $439,456 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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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