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Austin · Preswyck Hills Sec 04

$450,000 78 days on market

Reduced from $475,000 · −5.3%

5503 Basswood Ln, Austin, TX 78723

  • 3bedrooms
  • 2bathrooms
  • 1,415sqft
  • 0.36acres
  • 1967year built

About this home

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 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.

Property

Type
Single Family Residence
Levels
One
Year built
1967
Lot size
0.36 acres
Subdivision
Preswyck Hills Sec 04
MLS #
ACT2420504

Inside

Bedrooms
3
Bathrooms
2
Living area
1,415 sqft
Fireplaces
1

Outside / parking

Garage spaces
2

Schools

Elementary
Pecan Springs
High school
Northeast Early College
District
Austin ISD

Costs

Est. annual taxes
$9,806 (2025)

Listing

First listed
May 16, 2026
Days listed
78
Original price
$475,000
Status
Active

Listed by Tim Hendricks, Hendricks Real Estate · [email protected] · MLS# ACT2420504 · Active

Estimate your monthly payment

Loan

Down payment
%
0%10%20%30%40%50%
Loan term
Interest rate (%)
3%5%7%9%

Yearly costs

Monthly payment

$0

Total monthly

Principal & interest
$0
Property tax
$0
Insurance
$0
HOA
$0
Loan amount
$0

Estimate only. Tax / insurance defaults are typical Texas figures; your actual numbers will vary. Talk with a lender for a real quote — I can refer you to one I trust.

Where this home sits

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