5116 Heflin LN # 2, Austin TX 78721
Austin, TX 78721 · Lincoln Gardens
Single Family Residence for sale in Lincoln Gardens
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
| Date | Event | Price | Change |
|---|---|---|---|
| Jul 13, 2026 | New Listing | — |
Taxes
No safe current-year residential account match is available.
Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.
Source: Travis County
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
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.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal 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
Nearby
12 closest listings to 5116 Heflin LN # 2, Austin TX 78721 (within 2 miles).
Courtesy of Compass RE Texas, LLC · (512) 575-3644
Listings courtesy of ACTRIS as distributed by MLS GRID.