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This property has sold on May 1, 2025. Looking for something similar? Contact us or browse available homes.

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$579,990
last listedWhy you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.
Welcome to this stunning 2-story, south-facing masterpiece in the heart of Austin! With 3 spacious bedrooms, 2 full bathrooms, and 1 powder room, this home offers both comfort and elegance. From the moment you enter, you’ll be greeted by an expansive open floor plan, seamlessly blending the living, dining, and kitchen areas, making it perfect for both everyday living and entertaining.
The luxury vinyl plank flooring adds a touch of sophistication, while the exquisite quartz countertops in the kitchen and bathrooms elevate the home’s modern design. Thoughtfully selected upgrades totaling nearly $70K ensure every detail is perfected, from the high-end finishes to the smart layout that maximizes both space and functionality.
Step outside to your covered back patio, ideal for relaxing, entertaining, or enjoying Austin’s beautiful weather year-round. With a desirable south-facing orientation, this home enjoys abundant natural light, creating a warm and welcoming ambiance all day long.
With an included stainless-steel refrigerator, washer, and dryer, and set in an unbeatable Austin location, this gem comes with the added benefit of an ultra-low 1.98% tax rate!
Don’t miss the chance to own this exceptional property where luxury meets convenience in one of the most sought-after cities in Texas.
Property Type
Residential
Year Built
2023
Lot Size
0.13 acres
$/Sq Ft
$260
Listed by Texas Ally Real Estate Group
Property Details
Verified property facts
5512 Mars Ln is listed at $579,990 with 3 bedrooms, 2 full, 1 half bathrooms, 2,235 square feet, 0.13-acre lot. This places it above the 78724 median of $346,450.
5512 Mars Ln is zoned for Austin ISD with assigned schools: Jordan (2/10) (elementary), Bertha Sadler Means (middle), Lyndon B Johnson (Austin ISD) (high). School assignments should be verified directly with the district.
5512 Mars Ln is a Residential built in 2023 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,235 square feet, 0.13-acre lot.
5512 Mars 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.
With 20% down ($115,998) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5512 Mars Ln is around $4,073 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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 |
|---|---|---|---|---|
2025-22.4% | — | $405,504 | — | — |
2024-6.2% | — | $522,787 | $202,500 | $240,480 |
2023+57.0% | — | $557,610 | $270,000 | $252,787 |
2022+20.8% | — | $355,088 | $270,000 | $287,610 |
2021 | — | $293,892 | $157,500 | $197,588 |
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% ($116K)
$579,990
Luxury property intelligence
A sourced read on East Parke pricing, timing, and property scale. No automated valuation claim.
List price
$579,990
Price per sqft
$260/sqft
Vs. East Parke median
Not available
Days on market
439 days
Original to current
No verified reduction
$580K 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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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $579,990, 5512 Mars Ln is in the East Parke market where there are currently 65 active listings in 78724. The Keenan Group has completed 1 transactions in 78724 as part of 1,000+ career sales totaling $1B+ across Austin.
5512 Mars Ln was built in 2023, making it 3 years old with relatively recent construction.
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
$579,990
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-22.4% | — | $405,504 | — | — |
2024-6.2% | — | $522,787 | $202,500 | $240,480 |
2023+57.0% | — | $557,610 | $270,000 | $252,787 |
2022+20.8% | — | $355,088 | $270,000 | $287,610 |
2021 | — | $293,892 | $157,500 | $197,588 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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