#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on May 24, 2024. Looking for something similar? Contact us or browse available homes.
5424 Walnut Grove DR
Austin, TX, 78744
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This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.
$340,000
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Property has been slashed for an as-is sale. This is a great home. Over $100,000 in upgrades. Ready for immediate move in & use as a short/long-term rental (as owner did) earning over $3,000 a mo, while its value grows. An incredible value, great investment, nice neighbors, no HOA & quick easy access! Don't miss out on this exceptional property! Fairway Ridge, is a great neighborhood tucked away in southeast Austin; offering a stylish, well-built home on a hill in a partial cul-de-sac; serene atmosphere & unbeatable convenience. 6 miles from downtown & the Airport, 4 miles to McKinney Falls, w/nearby bus stops, hike/bike paths, parks & golf courses. Walk 1-quiet block to Dove Springs Park with a public pool, recreation center, playground, sports fields, trails. Onion Creek Greenbelt, Soccer Complex & Dog Park are nearby, as are Independence, Meanwhile & Pinthouse Breweries, & Radio East, all offering live music & other events. Circuit of the Americas racetrack & event center is a quick 10-miles away, with big concerts, Formula One, MotoGP, NASCAR & other big events. Home improvements include remodeled master bath, featuring deep soaking tub, red penny & white tile work, new sinks & cabinets, w/connected large walk-in closet. New 3-ply 30-year roof installed Dec. 2018. Big backyard has a beautiful oak tree & six clumping (non-spreading) Emerald Bamboo plants ($2,500) planted in '19; they are the most freeze resistant, & resilient to drought. A new $8,500 high-capacity HVAC system w/ extra attic insulation, added in '21. In '22 rain gutters were added, new plank flooring & water heater installed, interior walls painted & kitchen remodeled, w/new appliances, granite countertops, sinks & stove. Attached 2-car garage has a garage door opener & access to the large attic w/ ample additional storage. Your new home combines style, comfort & convenience; a steady investment & an idyllic retreat in SE Austin.
Property Type
Residential
Year Built
1997
Lot Size
0.16 acres
$/Sq Ft
$268
Garage
2 spaces
Listed by Phelps Properties
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
5424 Walnut Grove DR is listed at $340,000 with 3 bedrooms, 2 full bathrooms, 1,271 square feet, 0.16-acre lot.
5424 Walnut Grove DR is zoned for Austin ISD with assigned schools: Widen (2/10) (elementary), Mendez (8/10) (middle), Akins (6/10) (high). School assignments should be verified directly with the district.
5424 Walnut Grove DR is a Residential built in 1997 featuring 3 bedrooms, 2 full bathrooms, 1,271 square feet, 0.16-acre lot.
5424 Walnut Grove 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 5424 Walnut Grove DR is $6,774. 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
1 record on file
Every recorded sale and lease at 5424 Walnut Grove 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 |
|---|---|---|---|---|
2025-14.4% | — | $320,568 | $123,857 | $196,711 |
2024+5.0% | — | $374,394 | $120,000 | $226,268 |
2023+43.9% | — | $356,432 | $120,000 | $254,394 |
2022 | — | $247,764 | $120,000 | $236,432 |
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% ($68K)
$340,000
Luxury property intelligence
A sourced read on Fairway Ridge Amd pricing, timing, and property scale. No automated valuation claim.
List price
$340,000
Price per sqft
$268/sqft
Vs. Fairway Ridge Amd median
Not available
Days on market
Not available
Original to current
$55K reduction
$395K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($68,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5424 Walnut Grove DR is around $2,329 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $340,000, 5424 Walnut Grove DR is in the Fairway Ridge Amd market where there are currently 137 active listings in 78744. The Keenan Group has completed 3 transactions in 78744 as part of 1,000+ career sales totaling $1B+ across Austin.
5424 Walnut Grove DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
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
$395,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-14.4% | — | $320,568 | $123,857 | $196,711 |
2024+5.0% | — | $374,394 | $120,000 | $226,268 |
2023+43.9% | — | $356,432 | $120,000 | $254,394 |
2022 | — | $247,764 | $120,000 | $236,432 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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