#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on October 20, 2023. Looking for something similar? Contact us or browse available homes.
5500 Basswood LN
Austin, TX, 78723
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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.
$585,000
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HUGE Price Reduction!!! 4Bd / 2.5Ba / Plus Study or 5th Bd / Living Room / 2 Dining / Almost 2100sqft (Low 1.97% Tax Rate). Very large corner lot with large trees and an Abundance of parking (two car garage, circular driveway and an extra parking space for a Boat/RV)… Four bedrooms upstairs with a large second bedroom. Laminate flooring through most of home. Granite counters in kitchen. Relax outdoors in a bright and spacious backyard with low-maintenance landscaping and fantastic shade trees. Very close to shopping and entertainment in Mueller & East Austin, with several parks and hike/bike trails nearby. Don’t miss this amazing opportunity less than 5 miles to downtown.
Property Type
Residential
Year Built
1967
Lot Size
0.21 acres
$/Sq Ft
$283
Garage
2 spaces
Listed by CBSrealty
Property Details
Features
Appliances
Flooring
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
5500 Basswood LN is listed at $585,000 with 5 bedrooms, 2 full, 1 half bathrooms, 2,068 square feet, 0.21-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).
5500 Basswood LN is zoned for Austin ISD with assigned schools: Pecan Springs (2/10) (elementary), Martin (2/10) (middle), Northeast Early College (6/10) (high). School assignments should be verified directly with the district.
5500 Basswood LN is a Residential built in 1967 featuring 5 bedrooms, 2 full, 1 half bathrooms, 2,068 square feet, 0.21-acre lot.
5500 Basswood LN is listed by CBSrealty. 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 5500 Basswood LN, 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+3.1% | — | $520,320 | — | — |
2024-22.6% | — | $504,581 | $200,000 | $383,919 |
2023+37.9% | — | $652,018 | $350,000 | $154,581 |
2022 | — | $472,796 | $350,000 | $302,018 |
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% ($117K)
Adjustable assumption - not a lending recommendation.
$585,000
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A sourced read on Preswyck Hills Sec 04 pricing, timing, and property scale. No automated valuation claim.
List price
$585,000
Price per sqft
$283/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$30K reduction
$615K 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
The most recent annual property tax for 5500 Basswood LN is $8,837. 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 5500 Basswood LN. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 5500 Basswood LN is offered at $585,000. 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.
5500 Basswood LN was built in 1967 (59 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
9 events on record
Current Price
$585,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+3.1% | — | $520,320 | — | — |
2024-22.6% | — | $504,581 | $200,000 | $383,919 |
2023+37.9% | — | $652,018 | $350,000 | $154,581 |
2022 | — | $472,796 | $350,000 | $302,018 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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