Sold by The Keenan Group
Austin's #1 Real Estate Team - Austin Board of Realtors 2024
This home in Lakewood Village was represented by Joe and Cara Keenan and sold on September 15, 2023. Looking for a home in this area?

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$985,000
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3 bed, 2 bath, 2,111 sqft on 0.49 acres in Lakewood Village. Austin, TX 78731. $985,000. Austin ISD.
A very special one story home with transitional remodel completed in 2015. Neighborhood and lot are unmatched in natural scenery and easy access to the best of Austin, sitting on .487ac within walking distance to Bull Creek city park, trails and a neighborhood park with private creek access (membership only - $65/yr). Great schools, close proximity to downtown, as well as The Domain with Austin’s world-class shopping, eateries, arts and entertainment. Spacious living area fits two seating areas or living & dining. Updated kitchen with lovely cabinets, granite counters and breakfast bar overlooking a charming family room with natural stone fireplace and book cases. Primary bedroom is at back of home with beautifully updated bath including walk-in shower, double vanities, walk-in closet. Ancient trees plus lovely gardens in front and back fenced yard, which can be viewed from large covered porch, outdoor fireplace on side of home, play area & open patio in backyard + gorgeous 2 room office for remote work with rolling hill view! You won't want to leave once you see this home!
Verified property facts
5603 Driftwood DR is listed at $985,000 with 3 bedrooms, 2 full, 1 half bathrooms, 2,111 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, 2,111 square feet, 0.49-acre lot.
5603 Driftwood DR is listed by Moreland Properties. 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.
The most recent annual property tax for 5603 Driftwood DR is $17,879. 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
2 records on file
Every recorded listing, sale, and lease at 5603 Driftwood DR, whoever represented it. The Keenan Group represented 2 of them.
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% ($197K)
Adjustable assumption - not a lending recommendation.
$985,000
Luxury property intelligence
A sourced read on Lakewood Village pricing, timing, and property scale. No automated valuation claim.
List price
$985,000
Price per sqft
$467/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$115K reduction
$1.1M 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
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
1,000+ homes sold across Austin
This page does not assume a mortgage rate or publish a monthly payment for 5603 Driftwood DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 5603 Driftwood DR is offered at $985,000. The current MLS snapshot shows 61 active listings in 78731. Keenan Group has completed 84 verified transactions in 78731 within its 1,000+ completed transactions and $1B+ career volume across Austin.
5603 Driftwood DR was built in 1960 (66 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.
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)
7 events on record
Current Price
$985,000
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.
| Address | Sold Price |
|---|---|
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| 4011 Greystone Dr | $1.18M |
| 3924 Arbor Glen Way | $1.22M |
| 4607 Balcones DR | $1.43M |
| 4403 Canyonside TRL | $1.23M |
| 7911 Cavalry CT | $555K |
| 5905 Balsam HOLW | $893K |
| 7628 Parkview CIR | $1.23M |
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