This home is on a very large lot and is most likely a tear down. Multiple homes can be built on these lots. The location is amazing! Beautiful view of downtown. Please go over and check out this property. Either fix up the house or build new ones.
Active
$475,000
5003 Heflin Ln, Austin, TX 78721
2beds
720sqft
Est.:
Single Family Residence
Built in 1957
0.25 Acres Lot
$462,600 Zestimate®
$660/sqft
$-- HOA
What's special
Very large lotBeautiful view of downtown
- 8 days |
- 159 |
- 2 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: March 10, 2026 at 02:04am
Listed by:
Linda Mcdonald (512) 468-3660,
Diamond Real Estate Serv. LLC (512) 468-3660
Source: Unlock MLS,MLS#: 7032405
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Heating
- Natural Gas
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Appliances
- Included: Free-Standing Gas Range, Free-Standing Refrigerator
Features
- Ceiling Fan(s), Laminate Counters, Electric Dryer Hookup, Washer Hookup
- Flooring: Wood
- Windows: Aluminum Frames, Window Coverings
Interior area
- Total interior livable area: 720 sqft
Property
Parking
- Parking features: Direct Access, Gravel, Off Street, Outside, Paved
Accessibility
- Accessibility features: Accessible Doors, Accessible Entrance, Accessible Full Bath, Fully Accessible
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
- Exterior features: Exterior Steps, Lighting, Private Entrance, Private Yard
- Pool features: None
- Fencing: Back Yard, Fenced, Partial, Wire
- Has view: Yes
- View description: Neighborhood
- Waterfront features: None
Lot
- Size: 0.25 Acres
- Features: Back Yard, City Lot, Corner Lot, Front Yard, Gentle Sloping, Near Public Transit
Details
- Additional structures: None
- Parcel number: 02122102110000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Tile
Condition
- Resale
- New construction: No
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Internet-Cable, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & HOA
Community
- Features: High Speed Internet, Underground Utilities
- Subdivision: Flournoy & Jones 04 Sec 01
HOA
- Has HOA: No
Location
- Region: Austin
Financial & listing details
- Price per square foot: $660/sqft
- Tax assessed value: $357,690
- Annual tax amount: $4,251
- Date on market: 3/9/2026
- Listing terms: Cash,Conventional,FHA
- Electric utility on property: Yes
Estimated market value
$462,600
$439,000 - $486,000
$1,731/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/9/2026 | Listed for sale | $475,000-17.4%$660/sqft |
Source: | ||
| 9/11/2025 | Listing removed | $575,000$799/sqft |
Source: | ||
| 4/29/2025 | Price change | $575,000-11.5%$799/sqft |
Source: | ||
| 3/17/2025 | Listed for sale | $650,000$903/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $236,003 +10% |
| 2024 | $225 -17.6% | $214,548 +10% |
| 2023 | $273 -63.4% | $195,044 +10% |
| 2022 | $744 | $177,313 +10% |
| 2021 | -- | $161,194 +10% |
| 2020 | $866 +20.4% | $146,540 -42.1% |
| 2019 | $719 +22.6% | $252,917 +108.8% |
| 2018 | $587 | $121,107 +10% |
| 2017 | $587 -65.2% | $110,097 +10% |
| 2016 | $1,684 | $100,088 +10% |
| 2015 | $1,684 | $90,989 +10% |
| 2014 | $1,684 | $82,717 +10% |
| 2013 | -- | $75,197 +10% |
| 2012 | -- | $68,361 +10% |
| 2011 | -- | $62,146 +10% |
| 2010 | -- | $56,496 +10% |
| 2009 | -- | $51,360 +10% |
| 2008 | -- | $46,691 +10% |
| 2007 | -- | $42,446 +10% |
| 2006 | -- | $38,587 +10.3% |
| 2005 | -- | $34,970 +33.1% |
| 2002 | $400 | $26,274 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,896/mo
Principal & interest
$2318
Property taxes
$578
More affordability tools
Climate risks
Neighborhood: MLK 183
Nearby schools
GreatSchools rating
- 2/10Norman Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 1/10Martin Middle SchoolGrades: 7-8Distance: 3.7 mi
- 2/10Northeast Early College High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Sims
- Middle: Garcia
- High: Northeast Early College
- District: Austin ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 78721
- Texas
- Travis County
- Austin
- 78721
- MLK 183
- 5003 Heflin Ln









