5503 Basswood LN, Austin TX 78723
Austin, TX 78723 · Preswyck Hills Sec 04
Single Family Residence for sale in Preswyck Hills Sec 04
Overview
Property Description
Welcome to 5503 Basswood Lane — a charming East Austin home offering the perfect mix of character, comfort, and convenience in one of Austin’s most rapidly growing areas. This thoughtfully designed 3-bedroom, 2-bath home features an open and functional layout with abundant natural light and inviting living spaces throughout. The kitchen flows seamlessly into the main living and dining areas, creating an ideal setup for entertaining, relaxing evenings at home, or everyday living. Spacious bedrooms provide comfortable retreats, while the primary suite offers privacy and a well-appointed ensuite bath. Step outside to enjoy the generously sized yard with a brand new fence and plenty of space for pets, gardening, entertaining, or simply enjoying Austin evenings under the trees. Located just minutes from Mueller, Downtown Austin, major employers, local restaurants, coffee shops, and parks, this home delivers both accessibility and neighborhood charm. Whether you're looking for your next primary residence or an investment opportunity, 5503 Basswood offers the lifestyle and location buyers are searching for. Special Financing Available! Ask about our preferred lending partner, SouthStar Bank, and its H.O.P.E. Home Loan Program. This property is located in a designated H.O.P.E. area, and qualified buyers may be eligible for a 6.99% fixed-rate, 30-year loan with no origination or processing fees, no private mortgage insurance, and as little as approximately 5% down for this home due to the program's $450,000 maximum loan amount. Household income must not exceed $266,000 per year, and buyer and property qualification requirements apply. Contact the listing agent for more information or to be connected with the preferred loan officer.
Financial Info
- Price
- $415,000
- $ / Sqft
- $293
- HOA
- None
- Tax Rate
- 2.05%
- Est. Taxes
- $9,805.93
- Tax Year
- 2025
- Exemptions
- None
Legal Info
- Address
- 5503 Basswood LN
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78723
- Subdivision
- Preswyck Hills Sec 04
- Legal Description
- LOT 6 BLK L PRESWYCK HILLS SEC 4
- Parcel
- 02172214060000
Interior Features
- Floor
- Tile
- Num Living
- 1
- Dining
- 1
- Kitchen
- Kitchen Island, Pantry
- Appliances
- Built-In Oven(s), Dishwasher, Disposal, Gas Cooktop, Gas Range, Refrigerator, Gas Water Heater
- Laundry
- In Garage, Laundry Room
- Master Bed
- Primary Bedroom on Main, Walk-In Closet(s)
- Master Main
- Yes
- Fireplaces
- 1
- Fireplace Description
- Living Room
- Interior Features
- Vaulted Ceiling(s), Quartz Counters, French Doors, Kitchen Island, Pantry, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s), Prewired, Blinds
General Info
- Beds
- 3 Total / 3 Main Level
- Full / Half Baths
- 2 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1967 / Updated/Remodeled
- Square Feet
- 1,415 / Public Records
- Garages
- 2
- Garage Desc
- Attached
- Foundation
- Slab
- Roof
- Composition
- Construction
- Frame
- Acres
- 0.36
- Lot Description
- Trees-Large (Over 40 Ft), Xeriscape
- Restrictions
- None
- Flood Plain
- No
- View
- None
- Water Access
- No
- Waterfront
- No
- Area
- 3
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
- Fenced, Privacy, Wood
- Exterior Features
- Private Yard, Covered, Patio, Porch
- Pool On Property
- No
- Area Amenities
- Golf, Park, Playground, Sidewalks, Sport Court(s)/Facility
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Sep 16, 2026 | Price Decrease | $415,000−$4,000 (−1%) | −$4,000 (−1%) |
| Sep 10, 2026 | Price Decrease | $419,000−$1,000 (−0.2%) | −$1,000 (−0.2%) |
| Aug 13, 2026 | Price Decrease | $420,000−$30,000 (−6.7%) | −$30,000 (−6.7%) |
| Jul 20, 2026 | Back On Market | — | |
| Jul 17, 2026 | Hold | — | |
| Jun 28, 2026 | Price Decrease | $450,000−$25,000 (−5.3%) | −$25,000 (−5.3%) |
| May 16, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Austin ISD
- Elementary
- Pecan Springs
- Middle
- Pearce Middle
- High
- Northeast Early College
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$3,261 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $3,261
- Principal & interest
- $2,098
- Property taxes
- $817
- Homeowners insurance
- $346
*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 | $332,000 | $3,711 | $21,471 | $328,289 | |
| 2 | $328,289 | $3,959 | $21,222 | $324,330 | |
| 3 | $324,330 | $4,225 | $20,957 | $320,105 | |
| 4 | $320,105 | $4,507 | $20,674 | $315,598 | |
| 5 | $315,598 | $4,809 | $20,372 | $310,788 | |
| 6 | $310,788 | $5,131 | $20,050 | $305,657 | |
| 7 | $305,657 | $5,475 | $19,707 | $300,182 | |
| 8 | $300,182 | $5,842 | $19,340 | $294,340 | |
| 9 | $294,340 | $6,233 | $18,949 | $288,107 | |
| 10 | $288,107 | $6,650 | $18,531 | $281,457 |
- Year 1$328,289
- Principal paid
- $3,711
- Interest paid
- $21,471
- Starting balance
- $332,000
- Year 2$324,330
- Principal paid
- $3,959
- Interest paid
- $21,222
- Starting balance
- $328,289
- Year 3$320,105
- Principal paid
- $4,225
- Interest paid
- $20,957
- Starting balance
- $324,330
- Year 4$315,598
- Principal paid
- $4,507
- Interest paid
- $20,674
- Starting balance
- $320,105
- Year 5$310,788
- Principal paid
- $4,809
- Interest paid
- $20,372
- Starting balance
- $315,598
- Year 6$305,657
- Principal paid
- $5,131
- Interest paid
- $20,050
- Starting balance
- $310,788
- Year 7$300,182
- Principal paid
- $5,475
- Interest paid
- $19,707
- Starting balance
- $305,657
- Year 8$294,340
- Principal paid
- $5,842
- Interest paid
- $19,340
- Starting balance
- $300,182
- Year 9$288,107
- Principal paid
- $6,233
- Interest paid
- $18,949
- Starting balance
- $294,340
- Year 10$281,457
- Principal paid
- $6,650
- Interest paid
- $18,531
- Starting balance
- $288,107
Nearby
Courtesy of Hendricks Real Estate · (512) 201-4350
Listings courtesy of ACTRIS as distributed by MLS GRID.