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$1,175,000
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A true gem in The Courtyard near the iconic 360/Pennybacker Bridge. Enjoy Lake Austin and Bull Creek access at the community park plus easily launch your boat under the 360 Bridge. Expansive and beautiful, you'll love the tree-covered greenbelt lot with large pool and separate yard, both with a wrought iron fence. The oversized Primary Bedroom, smartly on the main level, has access to your backyard paradise through French doors. The lovely Primary Bathroom and huge walk-in closet, both with custom built-ins to keep you organized, were completely updated by the current owners. The impressive pool patio is perfect for entertaining friends and family. Your lush landscaping creates a peaceful backyard hideaway backing to a quiet greenbelt. There are two large living areas, one upstairs and one downstairs. Both of these living areas are equipped with fireplaces. The upstairs living area has a new custom-built dry bar and updated fireplace wall. Additionally, you have a wonderful designated office downstairs with new custom, built-in cabinetry looking out onto an adorable side porch through a new window. All of the bedrooms are desirably spacious, all have coveted en suite baths, and all of them have walk-in closets. One of the upstairs bathrooms was updated by the current owners with lovely designer touches. The home is bathed in natural light through all of the brand new windows and sliders. One of huge benefits of living in The Courtyard is the private lakefront park with a fishing dock, walking/jogging trails, open space for dogs to run and play, playscape, picnic tables, plus, if you care to join, there is a private tennis and swim club within walking distance of the home. The courts at the club are literally some of the best Austin has to offer and even includes some indoor courts. The Courtyard is full of wonderful neighbors who walk/run on a daily basis and have the ability to venture across the 360 Bridge pedestrian walkway and enjoy the views whenever they want!
Property Type
Residential
Year Built
1984
Lot Size
0.24 acres
$/Sq Ft
$413
HOA
$330/mo
Garage
2 spaces
Pool
Yes
Listed by Coldwell Banker Realty
Verified property facts
5503 Courtyard DR is listed at $1,175,000 with 3 bedrooms, 3 full, 1 half bathrooms, 2,848 square feet, 0.24-acre lot.
5503 Courtyard DR is zoned for Austin ISD with assigned schools: Highland Park (10/10) (elementary), Lamar (Austin ISD) (middle), McCallum (8/10) (high). School assignments should be verified directly with the district.
5503 Courtyard DR is a Residential built in 1984 featuring 3 bedrooms, 3 full, 1 half bathrooms, 2,848 square feet, 0.24-acre lot.
5503 Courtyard 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 5503 Courtyard DR is $23,773. 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
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
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+16.6% | — | $1,247,606 | — | — |
2024+3.2% | — | $1,070,170 | $600,000 | $544,401 |
2023+26.5% | — | $1,036,584 | $600,000 | $470,170 |
2022 | — | $819,329 | $600,000 | $436,584 |

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% ($235K)
$1,175,000
Luxury property intelligence
A sourced read on Courtyard Ph 06 pricing, timing, and property scale. No automated valuation claim.
List price
$1,175,000
Price per sqft
$413/sqft
Vs. Courtyard Ph 06 median
Not available
Days on market
Not available
Original to current
$25K reduction
$1.2M 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 ($235,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5503 Courtyard DR is around $8,078 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,175,000, 5503 Courtyard DR is in the Courtyard Ph 06 market where there are currently 53 active listings in 78731. The Keenan Group has completed 107 transactions in 78731 as part of 1,000+ career sales totaling $1B+ across Austin.
5503 Courtyard DR was built in 1984 (42 years ago). Buyers should budget for potential updates to major systems.
5503 Courtyard DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5503 Courtyard DR is part of a managed community with HOA dues of $330 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.
9 events on record
Current Price
$1,200,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+16.6% | — | $1,247,606 | — | — |
2024+3.2% | — | $1,070,170 | $600,000 | $544,401 |
2023+26.5% | — | $1,036,584 | $600,000 | $470,170 |
2022 | — | $819,329 | $600,000 | $436,584 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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