
Rare North Loop opportunity with two homes on one lot. Whether you are looking to offset your mortgage by renting one home while living in the other, host extended family, or create a dedicated work-from-home setup, this property offers flexibility that is nearly impossible to find in North Loop. Don't miss the chance to own a piece of one of the city's most sought-after neighborhoods with a built-in income stream. The front house is a charming two-bedroom, one-bathroom bungalow with classic character and thoughtful updates throughout, including a refreshed kitchen and bathroom. The back house is accessed through the rear alley for added privacy and is thoughtfully designed with two bedrooms and a full bathroom upstairs, plus a convenient half bathroom on the main level. The upstairs bedrooms sit among the treetops, giving the space a quiet, tucked-away feel. Guest bedroom has fantastic built-in bookshelves that make it perfect for an office or kid’s room. Alley access also leads to a true two-car garage and a third covered parking spot, a feature that is hard to come by in this neighborhood.
Property Type
Residential Income
Year Built
1950
Lot Size
0.15 acres
$/Sq Ft
$486
Garage
4 spaces
Listed by Keller Williams Realty
Verified property facts
5508 Avenue G Unit #A and B is listed at $895,000 with 0 bedrooms, 1,842 square feet, 0.15-acre lot. This places it above the 78751 median of $725,000.
5508 Avenue G Unit #A and B is zoned for Austin ISD with assigned schools: Reilly (elementary), Lamar (Austin ISD) (middle), McCallum (high). School assignments should be verified directly with the district.
5508 Avenue G Unit #A and B is a Residential Income built in 1950 featuring 0 bedrooms, 1,842 square feet, 0.15-acre lot.
5508 Avenue G Unit #A and B 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.
5508 Avenue G Unit #A and B is priced at $486 per square foot across 1,842 sqft.
#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 |
|---|---|---|---|---|
2025-11.9% | — | $430,228 | $188,000 | $242,228 |
2024 | — | $488,237 | $211,500 | $304,705 |

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% ($179K)
$895,000
Luxury property intelligence
A sourced read on Highlands pricing, timing, and property scale. No automated valuation claim.
List price
$895,000
Price per sqft
$486/sqft
Vs. Highlands median
Not available
Days on market
24 days
Original to current
$30K reduction
$925K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 26, 2026.
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District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($179,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5508 Avenue G Unit #A and B is around $6,285 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $895,000, 5508 Avenue G Unit #A and B is in the Highlands market where there are currently 50 active listings in 78751. The Keenan Group has completed 8 transactions in 78751 as part of 1,000+ career sales totaling $1B+ across Austin.
5508 Avenue G Unit #A and B was built in 1950 (76 years ago). Buyers should budget for potential updates to major systems.
5508 Avenue G Unit #A and B 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.
3 events on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-11.9% | — | $430,228 |
| $188,000 |
| $242,228 |
2024 | — | $488,237 | $211,500 | $304,705 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Recent sales for market context