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Active Under ContractMLS #7331310

5501 Coventry LN, Austin TX 78723

Austin, TX 78723 · Royal Oak Estates Sec 01

Single Family Residence for sale in Royal Oak Estates Sec 01

5Bedrooms
2Bathrooms
2,070Square Ft
0.21Acres
0Garage
1967Year Built
1 / 32
$625,000$715,000
3D tour

Overview

Property Description

More space, an incredible location, and a layout that’s hard to find at this price point. Set on a large, tree-shaded corner lot in Windsor Park, 5501 Coventry Lane offers five bedrooms, two living spaces, a generous backyard, and easy access to Mueller, East Austin, and Downtown. Inside, natural light fills the open, flexible floor plan, where two living areas create plenty of room to spread out, entertain, work from home, or play. The main living room is anchored by a white brick fireplace and flows into the dining area and updated kitchen featuring quartz countertops, two-tone cabinetry, floating shelves, stainless-steel appliances, and modern lighting. The spacious primary suite feels tucked away and private, with a beautifully updated bath featuring a custom double vanity, walk-in glass shower, built-in bench, and blue-and-white tile. Secondary bedrooms offer flexibility for family, guests or offices, while the updated secondary bath continues the home's clean, modern aesthetic. Outside, a large partially covered deck extends the living space into the private, fenced backyard, perfect for entertaining, grilling, kids, pets, or simply enjoying Austin evenings. Mature trees provide shade and character, while the oversized corner lot gives the home a sense of space that's increasingly difficult to find this close to the city. Major improvements include new roof (2025), new windows, new HVAC, rear gutters, new PVC plumbing, and wood privacy fence allowing the next owner to enjoy the home. Located in the heart of Windsor Park, you're minutes from Mueller, H-E-B, Target, neighborhood parks, and some of East Austin's best restaurants and coffee shops, with Downtown Austin only a short drive away. If you've been searching for more space without giving up proximity to everything you love about Austin, 5501 Coventry Lane deserves a second look. For more info, go to: https://wkf.ms/4yklFaF

Financial Info
Price
$625,000
$ / Sqft
$302
HOA
None
Tax Rate
2.0465%
Est. Taxes
$12,421
Tax Year
2026
Exemptions
Homestead
Legal Info
Address
5501 Coventry LN
County
Travis
City
Austin
State
TX
Zip
78723
Subdivision
Royal Oak Estates Sec 01
Legal Description
LOT 16 BLK M ROYAL OAK ESTATES SEC 1
Parcel
02202006010000
Interior Features
Floor
Laminate, Tile
Num Living
2
Dining
1
Appliances
Dishwasher, Disposal, Microwave, Free-Standing Range, Stainless Steel Appliance(s), Tankless Water Heater
Laundry
Laundry Room
Master Bed
Double Vanity, Primary Bedroom on Main, Walk-In Closet(s)
Master Main
Yes
Fireplaces
1
Fireplace Description
Family Room
Interior Features
Ceiling Fan(s), Quartz Counters, Double Vanity, Open Floorplan, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Smoke Detector(s), Blinds, Window Treatments
General Info
Beds
5 Total / 5 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1967 / Resale
Square Feet
2,070 / Public Records
Garage Desc
Carport
Foundation
Slab
Roof
Composition
Construction
Masonry – All Sides
Acres
0.21
Lot Description
Corner Lot, Trees-Large (Over 40 Ft)
Restrictions
City Restrictions
Flood Plain
No
View
Neighborhood
Water Access
No
Waterfront
No
Area
3
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available
Heat
Central
A C
Central Air
Exterior Features
Fence
Fenced, Full, Wood
Exterior Features
No Exterior Steps, Covered, Deck
Pool On Property
No
Area Amenities
None

Price history

Members only
Days on market
−$90,000 (−12.6%)
$715,000 → $625,000
4
Price reductions
Active Under Contract
Since Jul 17, 2026
Price trend
List priceJul 2026Sep 2026
Property history6 events
DateEventPriceChange
Sep 19, 2026Active Under Contract
Sep 11, 2026Price Decrease$625,000−$24,000 (−3.7%)
Sep 1, 2026Price Decrease$649,000−$26,000 (−3.9%)
Aug 24, 2026Price Decrease$675,000−$24,000 (−3.4%)
Aug 9, 2026Price Decrease$699,000−$16,000 (−2.2%)
Jul 17, 2026New Listing

Taxes

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

Schools

School Info
District
Austin ISD
Elementary
Blanton
Middle
Bertha Sadler Means
High
Northeast Early College

Maps

Financing

Your preferences

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

Saved on this device

List price $625,000
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

$4,716 / mo

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

Estimated monthly payment $4,716

Principal & interest
$3,160
Property taxes
$1,035
Homeowners insurance
$521

*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$500,000$5,589$32,335$494,411
2$494,411$5,963$31,961$488,448
3$488,448$6,362$31,562$482,086
4$482,086$6,788$31,136$475,298
5$475,298$7,243$30,681$468,055
6$468,055$7,728$30,196$460,327
7$460,327$8,246$29,678$452,081
8$452,081$8,798$29,126$443,283
9$443,283$9,387$28,537$433,896
10$433,896$10,016$27,908$423,881
  • Year 1$494,411
    Principal paid
    $5,589
    Interest paid
    $32,335
    Starting balance
    $500,000
  • Year 2$488,448
    Principal paid
    $5,963
    Interest paid
    $31,961
    Starting balance
    $494,411
  • Year 3$482,086
    Principal paid
    $6,362
    Interest paid
    $31,562
    Starting balance
    $488,448
  • Year 4$475,298
    Principal paid
    $6,788
    Interest paid
    $31,136
    Starting balance
    $482,086
  • Year 5$468,055
    Principal paid
    $7,243
    Interest paid
    $30,681
    Starting balance
    $475,298
  • Year 6$460,327
    Principal paid
    $7,728
    Interest paid
    $30,196
    Starting balance
    $468,055
  • Year 7$452,081
    Principal paid
    $8,246
    Interest paid
    $29,678
    Starting balance
    $460,327
  • Year 8$443,283
    Principal paid
    $8,798
    Interest paid
    $29,126
    Starting balance
    $452,081
  • Year 9$433,896
    Principal paid
    $9,387
    Interest paid
    $28,537
    Starting balance
    $443,283
  • Year 10$423,881
    Principal paid
    $10,016
    Interest paid
    $27,908
    Starting balance
    $433,896
First 10 of 30 years

Nearby

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

Listings courtesy of ACTRIS as distributed by MLS GRID.