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ActiveMLS #6033807

5116 Heflin LN # 2, Austin TX 78721

Austin, TX 78721 · Lincoln Gardens

Single Family Residence for sale in Lincoln Gardens

4Bedrooms
2 full / 1 halfBathrooms
1,599Square Ft
0.12Acres
1Garage
2026Year Built
$525,000

Overview

Property Description

NO MONEY DOWN FINANCING AVAILABLE. Welcome to 5116 Heflin Lane #2, a beautifully designed 4-bedroom, 2.5-bath home offering 1,599 square feet of thoughtfully crafted living space in one of East Austin's most vibrant and rapidly growing neighborhoods. Featuring contemporary finishes, abundant natural light, and an open-concept floor plan, this residence seamlessly blends style, comfort, and functionality for modern living. The spacious kitchen flows effortlessly into the dining and living areas, creating an ideal setting for everyday living and entertaining, while four generously sized bedrooms provide flexibility for guests, a home office, or growing households. Step outside to enjoy your private outdoor patio, perfect for morning coffee or relaxing evenings with friends. Ideally located just minutes from Downtown Austin, this home offers convenient access to the city's acclaimed restaurants, live music, nightlife, and major employers. Enjoy local favorites including Flat Track Coffee, Desnudo Coffee, Launderette, Suerte, Justine's Brasserie, and Jacoby's Restaurant & Mercantile, along with nearby Govalle Park, the Walnut Creek Trail, and Lady Bird Lake's hike-and-bike trails for endless outdoor recreation. With easy access to Airport Boulevard, Springdale Road, and Highway 183, commuting throughout Austin is effortless. Whether you're searching for your first home, a low-maintenance lock-and-leave residence, or an investment opportunity in one of Austin's most desirable neighborhoods, 5116 Heflin Lane #2 delivers exceptional design, an unbeatable location, and the best of the East Austin lifestyle. August 15th completion date!

Financial Info
Price
$525,000
$ / Sqft
$328
HOA
Mandatory
HOA Name
TBD
HOA Includes
See Remarks
Tax Rate
1.9%
Est. Taxes
$9,500
Tax Year
2026
Exemptions
See Remarks
Legal Info
Address
5116 Heflin LN # 2
County
Travis
City
Austin
State
TX
Zip
78721
Subdivision
Lincoln Gardens
Legal Description
UNT 2 5116 HEFLIN LANE CONDOMINIUMS PLUS 50.0 % INT IN COM ARE
Parcel
02122309020009
Interior Features
Floor
Tile, Wood
Num Living
1
Dining
1
Kitchen
Kitchen Island
Appliances
Stainless Steel Appliance(s)
Laundry
In Unit
Master Main
Yes
Interior Features
Ceiling Fan(s), High Ceilings, Quartz Counters, Interior Steps, Kitchen Island, See Remarks, Double Pane Windows
General Info
Beds
4 Total / 1 Main Level / 3 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
2026 / New
Square Feet
1,599 / Builder
Garages
1
Garage Desc
Driveway, Garage, Garage Door Opener, Garage Faces Front
Foundation
Slab
Roof
Shingle
Construction
HardiPlank Type
Acres
0.12
Lot Description
Level
Restrictions
See Remarks
Flood Plain
See Remarks
View
Neighborhood
Water Access
No
Waterfront
No
Area
5
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Heat
Central
A C
Central Air
Exterior Features
Fence
Wood
Exterior Features
Private Yard, Covered, Porch
Pool On Property
No
Area Amenities
See Remarks

Price history

Members only
Days on market
$525,000
List price
0
Price reductions
Active
Since Jul 13, 2026
Property history1 event
DateEventPriceChange
Jul 13, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Austin ISD
Elementary
Norman-Sims
Middle
Kealing
High
Northeast Early College

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $525,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$3,885 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $3,885

Principal & interest
$2,655
Property taxes
$792
Homeowners insurance
$438

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$420,000$4,694$27,162$415,306
2$415,306$5,009$26,847$410,297
3$410,297$5,344$26,512$404,952
4$404,952$5,702$26,154$399,250
5$399,250$6,084$25,772$393,166
6$393,166$6,492$25,365$386,675
7$386,675$6,926$24,930$379,748
8$379,748$7,390$24,466$372,358
9$372,358$7,885$23,971$364,473
10$364,473$8,413$23,443$356,060
  • Year 1$415,306
    Principal paid
    $4,694
    Interest paid
    $27,162
    Starting balance
    $420,000
  • Year 2$410,297
    Principal paid
    $5,009
    Interest paid
    $26,847
    Starting balance
    $415,306
  • Year 3$404,952
    Principal paid
    $5,344
    Interest paid
    $26,512
    Starting balance
    $410,297
  • Year 4$399,250
    Principal paid
    $5,702
    Interest paid
    $26,154
    Starting balance
    $404,952
  • Year 5$393,166
    Principal paid
    $6,084
    Interest paid
    $25,772
    Starting balance
    $399,250
  • Year 6$386,675
    Principal paid
    $6,492
    Interest paid
    $25,365
    Starting balance
    $393,166
  • Year 7$379,748
    Principal paid
    $6,926
    Interest paid
    $24,930
    Starting balance
    $386,675
  • Year 8$372,358
    Principal paid
    $7,390
    Interest paid
    $24,466
    Starting balance
    $379,748
  • Year 9$364,473
    Principal paid
    $7,885
    Interest paid
    $23,971
    Starting balance
    $372,358
  • Year 10$356,060
    Principal paid
    $8,413
    Interest paid
    $23,443
    Starting balance
    $364,473
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.