#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Sold by The Keenan Group
Joe and Cara Keenan | September 11, 2015
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$607,500
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TRULY an EYE CATCHER! Exquisite, COMPLETE, contemporary renovation fully permitted and engineered. This single story jewel is situated on almost 1/2 acre w/ many amazing outdoor living spaces shaded by 100+ yr. old pecan trees. Highly desirable location just 1/2 block from Bull Creek & neighborhood's private park. No expenses spared...modern carport, low-E windows, mahogany front door, gorgeous lighting, dream kitchen, fabulous master bathroom, sprinkler system, updated plumbing & electrical...MUST SEERestrictions: Yes Sprinkler Sys:Yes
Property Type
Residential
Year Built
1960
Lot Size
0.49 acres
$/Sq Ft
$287
HOA
$45/mo
Garage
1 spaces
Listed by Kristy Petree
Property Details
Features
Appliances
Flooring
Laundry
Features
Construction
Fencing
Foundation
Patio / Porch
Parking
Pool
Waterfront
2 records on file
Every recorded sale and lease at 5603 Driftwood Dr, whoever represented it.
Verified property facts
5603 Driftwood Dr is listed at $607,500 with 3 bedrooms, 2 full, 1 half bathrooms, 2,116 square feet, 0.49-acre lot.
5603 Driftwood Dr is zoned for Austin ISD with assigned schools: Doss (Austin ISD) (elementary), Murchison (7/10) (middle), Anderson (7/10) (high). School assignments should be verified directly with the district.
5603 Driftwood Dr is a Residential built in 1960 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,116 square feet, 0.49-acre lot.
5603 Driftwood 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 5603 Driftwood Dr is $8,514. 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
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 |
|---|---|---|---|---|
2025-9.3% | — | $1,175,995 | — | — |
2024+6.4% | — | $1,296,959 | $600,000 | $350,000 |
2023+37.2% | — | $1,219,037 | $600,000 | $696,959 |
2022 | — | $888,300 | $600,000 | $619,037 |
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% ($122K)
$607,500
Luxury property intelligence
A sourced read on Lakewood Village pricing, timing, and property scale. No automated valuation claim.
List price
$607,500
Price per sqft
$287/sqft
Vs. Lakewood Village median
Not available
Days on market
Not available
Original to current
$85K reduction
$692.5K 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
Active 78731 listings and Northwest Hills market context
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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
1,000+ homes sold across Austin
With 20% down ($121,500) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 5603 Driftwood Dr is around $3,862 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $607,500, 5603 Driftwood Dr is in the Lakewood Village market where there are currently 65 active listings in 78731. The Keenan Group has completed 107 transactions in 78731 as part of 1,000+ career sales totaling $1B+ across Austin.
5603 Driftwood Dr was built in 1960 (66 years ago). Buyers should budget for potential updates to major systems.
5603 Driftwood Dr includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
5603 Driftwood Dr is part of a managed community with HOA dues of $45 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.
5603 Driftwood Dr was represented by Joe and Cara Keenan with Keenan Group at Compass Real Estate - Austin's #1 real estate team (Austin Board of Realtors 2024). 1,000+ career transactions, $1B+ in career volume. Contact (512) 415-7653.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
11 events on record
Current Price
$1,100,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.3% | — | $1,175,995 | — | — |
2024+6.4% | — | $1,296,959 | $600,000 | $350,000 |
2023+37.2% | — | $1,219,037 | $600,000 | $696,959 |
2022 | — | $888,300 | $600,000 | $619,037 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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