5501 Hibiscus DR, Austin TX 78724

Off Market

View of front of property with brick siding, a front yard, a carport, and concrete driveway

Additional photos available to registered users

Ed's Opinion of Value

$231,572 Ed's Estimate: $272,420 $392,000

Lowest Comp Recommended List: $300,000 to $305,000 Highest Comp

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $272,420. Pricing this home between $300,000 and $305,000 would put it in the competitive sweet spot for NORTHRIDGE PARK. Buyers shopping in NORTHRIDGE PARK right now would see this as a well positioned option among 4 comparable homes. At 196 sqft smaller than the typical comp, the size difference factors into the valuation. At 10 years older than typical comps, the 1981 build date influences the valuation. With 3 comparable sales in NORTHRIDGE PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78724 Market Trends

$370,000 Median Sold Price ▲ 3.8% 6mo

$218/sqft Median $/SqFt ▲ 12.7% 6mo

50 days Avg Days on Market 14 days faster

86 homes Active Inventory 5.9 mo supply

98.0% Sale-to-List Ratio

88 Sales (6 months)

Recently Sold Comparables

$304,814 adjusted 7514 Uray DR, Austin TX 78724 3bd / 2.0ba • 1,168 sqft • 0.1 mi Sold 6 months ago

$267,077 adjusted 9019 Wellesley DR, Austin TX 78754 2bd / 2.0ba • 1,074 sqft • 1.3 mi Sold 3 months ago

$231,572 adjusted 9108 Wellesley DR, Austin TX 78754 3bd / 2.0ba • 1,201 sqft • 1.3 mi Sold 7 months ago

Currently on Market

$392,000 7609 Crystalbrook DR W, Austin TX 78724 3bd / 2.0ba • 1,020 sqft • 0.1 mi 100 days on market

$300,000 7513 Tumbleweed DR, Austin TX 78724 3bd / 2.0ba • 931 sqft • 0.1 mi 48 days on market

$275,000 5613 Signal PT, Austin TX 78724 3bd / 2.0ba • 1,080 sqft • 1.9 mi 81 days on market

2 Beds

2 Baths 1 Full, 1 Half

952 Sq Ft

0.15 Acres

1981 Built

1 Garage

About This Property

Investor Special – Fix & Flip Opportunity Just 15 Minutes from Downtown Austin!
Located in a desirable neighborhood with no HOA, this property offers massive potential for the right buyer. The home needs significant repairs and is priced accordingly, making it a great opportunity for investors looking to renovate and resell.

The lot features a spacious backyard with plenty of room to add value. Owner will remain in the home during the listing period and may require a short leaseback after closing.

Whether you're a seasoned flipper or a first-time investor, this is a chance to capitalize on a well-located home in an appreciating area. Cash or strong conventional offers preferred.

Features

Eat-in Kitchen
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Jordan

Middle School Garcia

High School Lyndon B Johnson (Austin ISD)

Property Details

Property Type Residential

Flooring Carpet, Vinyl

Cooling Central Air

Heating Central, Natural Gas

Exterior None

County Travis

MLS # 1134021

Garage 1 spaces

Tax Information

Annual Taxes (MLS) $1,975 (2010)

Listing History

MLS# 1134021 82 days

Jun 30, 2025	Off Market
Apr 9, 2025	Listed		$265,000

Frequently Asked Questions About 5501 Hibiscus DR, Austin TX 78724

When was 5501 Hibiscus DR, Austin TX 78724 built?

5501 Hibiscus DR, Austin TX 78724 was built in 1981.

How much does 5501 Hibiscus DR, Austin TX 78724 cost?

5501 Hibiscus DR, Austin TX 78724 is currently off market.

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Jun 22, 2011	Off Market
Mar 10, 2011	Listed		$69,900