5503 Basswood LN, Austin TX 78723

Austin, TX 78723 | Preswyck Hills

$415,000 $293/sqft ▼ $60,000 (12.6%)
3 Beds
2 Baths 2 Full
1,415 Sq Ft
0.356 Acres
1967 Built
2 Garage

About This Property

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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.

Features

  • Vaulted Ceiling(s)
  • Quartz Counters
  • French Doors
  • Kitchen Island
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Pecan Springs
Middle School Pearce Middle

Property Details

Property Type Residential
Construction Frame
Roof Composition
Foundation Slab
Levels One
Flooring Tile
Cooling Central Air
Heating Central
Fireplace Living Room
Exterior Private Yard
County Travis
MLS # 2420504
Garage 2 spaces (Attached)
Parking 4 spaces: Attached
Windows Blinds
Security Prewired

Lot, Outdoor & Utilities

Lot Features Trees-Large (Over 40 Ft), Xeriscape
Patio & Porch Covered, Patio, Porch
Fencing Fenced, Privacy, Wood
Other Structures Outbuilding
Water Public
Sewer Public Sewer
Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

HOA & Community

Community Features Golf, Park, Playground, Sidewalks, Sport Court(s)/Facility

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Tax Information

Annual Taxes (MLS) $9,805 (2025)
Assessed Value $479,136
Exemptions None

Sale Terms & Disclosures

Financing Accepted Cash, Conventional, FHA, VA Loan
Sale Type Standard
Possession Close Of Escrow

Listing History

MLS# 4227579 - Updated Oct 13, 2026 6 days
Sep 22, 2026 Off Market
Sep 16, 2026 Listed $2,500

Frequently Asked Questions About 5503 Basswood LN, Austin TX 78723

When was 5503 Basswood LN, Austin TX 78723 built?

5503 Basswood LN, Austin TX 78723 was built in 1967. It is frame construction with 1,415 square feet on a 0.356 acre lot.

How much does 5503 Basswood LN, Austin TX 78723 cost?

5503 Basswood LN, Austin TX 78723 is currently under contract with a list price of $415,000.

How many bedrooms and bathrooms does 5503 Basswood LN, Austin TX 78723 have?

5503 Basswood LN, Austin TX 78723 has 3 bedrooms and 2 bathrooms (2 full) with 1,415 square feet of living space.

What school district is 5503 Basswood LN, Austin TX 78723 in?

5503 Basswood LN, Austin TX 78723 is in the Austin ISD school district. Assigned schools include Pecan Springs (elementary), Pearce Middle (middle), Northeast Early College (high school).

What are the property taxes on 5503 Basswood LN, Austin TX 78723?

The annual property taxes on 5503 Basswood LN, Austin TX 78723 are $9,805 (as of 2025). The tax assessed value is $479,136.

How big is the lot at 5503 Basswood LN, Austin TX 78723?

The lot at 5503 Basswood LN, Austin TX 78723 is 0.356 acres, and the home has 1,415 square feet of living space.

What type of property is 5503 Basswood LN, Austin TX 78723?

5503 Basswood LN, Austin TX 78723 is a residential property on a slab foundation.

Does 5503 Basswood LN, Austin TX 78723 have a garage?

Yes, 5503 Basswood LN, Austin TX 78723 has a 2-car garage (attached). Parking features include attached.

What subdivision is 5503 Basswood LN, Austin TX 78723 in?

5503 Basswood LN, Austin TX 78723 is located in the Preswyck Hills subdivision in Austin, TX. Community features include golf, park, playground, sidewalks, sport court(s)/facility.

How long was 5503 Basswood LN, Austin TX 78723 on the market?

5503 Basswood LN, Austin TX 78723 was on the market for 6 days, listed on September 16, 2026.

What heating and cooling does 5503 Basswood LN, Austin TX 78723 have?

5503 Basswood LN, Austin TX 78723 has central heating and central air cooling.

What are the roof and foundation at 5503 Basswood LN, Austin TX 78723?

The listing reports a composition roof and a slab foundation at 5503 Basswood LN, Austin TX 78723.

What financing does the seller of 5503 Basswood LN, Austin TX 78723 accept?

The listing says the seller accepts cash, conventional, fha, va loan financing.

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