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5508 Kings Hwy, Austin, TX, 78745

$549,000

0.23 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
WaterfrontNone
ViewNeighborhood
MLS #3603915
Lot Size0.23 Acres
StatusActive

About 5508 Kings Hwy

Recent Demo of previous structure offers a wide open canvas for your creative vision in rapidly developing 78745. Zoned to SUNSET VALLEY Elementary this home is minutes away from all things South Austin has to offer including Central Market, SOCO, shopping and more!

Property Details

Property Features

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Heather Wood

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: Neighborhood

Lot Features

Lot Information:

  • Lot: Interior Lot
  • Lot Size: 0.23 Acres

School Info

Assigned Schools Information:

  • Crockett High School, Public District Grades 9-12
  • Covington Middle School, Public District Grades 6-8
  • Sunset Valley Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Hwy 71/Ben White to Manchaca, south on Manchaca; Left on Inverness; Right on Kings Hwy. Home is on Right

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000

Tax Information:

  • Annual Amount: $6,513
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$568.8K

Med. Price/SqFt

$311

Avg. Days On Market

56

# of Sold Homes

812

5508 Kings Hwy vs Austin

710 DAYS ON ROCKET

+654 Days

$549,000

-$19.8K Less

KEY TAKEAWAY

This property is $19.8K less than the Median Sold Price in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #3603915

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Heather Wood

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 4/18/2024, 3:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$6,513$292,508
2019$6,273$313,871
2018$5,145$305,166
2017$5,182$232,375

History based on county public records data.

Payment Calculator

$2,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-655073
6
/10
  • Sunset Valley Elementary School

  • 3000 Jones Rd

  • 1.16 miles

  • Public District Grades PK-5

Middle School

school-card-donut-655074
4
/10
  • Covington Middle School

  • 3700 Convict Hill Rd

  • 2.35 miles

  • Public District Grades 6-8

High School

school-card-donut-655075
5
/10
  • Crockett High School

  • 5601 Manchaca Rd

  • 0.26 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,759. The majority of Austin, TX residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Southwest, Austin

Types of housing in Southwest, Austin.

In Southwest, roughly two thirds of buildings are single detached homes, and the rest of the houses are mainly large apartment buildings. The median year of construction for dwellings in this area is 1993. This community has a good variety of housing sizes, ranging from lofts to four or more bedrooms. Roughly 60% of the population of this community own their home and the remainder are renters.

What is it like to live in Southwest, Austin?

Southwest is a fairly good community to buy a house in for those who prefer a relaxed atmosphere. This area is reasonably quiet, as there isn't a lot of street noise or city clamor - although that is not the case near the railway line or Interstate 35. Finally, greenery is present in this part of Sunset Valley; it is easy to reach parks in the community and there are about 30 of them close by for residents to visit. In addition, residents will find that there are numerous tree-lined streets.

Is it easy to get around Southwest, Austin without a car?

There are only a few high schools and primary schools in this part of Sunset Valley and therefore they can be a long walk away. Besides public schools, there are private elementary and high schools. With regards to eating, accessing one of over 50 supermarkets on foot is an option for some, but not all, property owners in this area. There are also a few opportunities for those who care about close by restaurants and cafes.

Transportation in Southwest, Austin.

The best way to navigate Southwest is usually a car. It is very easy to find a parking spot. In contrast, residents using public transit may experience very few options in this area as a result of the low service level. Nonetheless, the community is linked by approximately 10 bus lines. Walking is not very practical for residents in Southwest because day-to-day errands are impractical to run on foot. Biking is also at times challenging in this area as there is a considerable amount of hills, and the bicycling infrastructure is sometimes poor.

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Frequently Asked Questions About 5508 Kings Hwy

What is the listing price of this property?

The listing price of 5508 Kings Hwy property is $549,000.

What type of property is this?

The property 5508 Kings Hwy is land located in Austin, Texas, 78745.

Is this property for sale now?

Active Listing: 5508 Kings Hwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5508 Kings Hwy are:
Sunset Valley Elementary School: GreatSchools Rating 6/10
Covington Middle School: GreatSchools Rating 4/10
Crockett High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $6,513 (source: MLS/based on county public records data).

How much acreage is this property?

The property 5508 Kings Hwy is 0.23 acres.
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Rocket HomesTexasTravis CountyAustin787455508 Kings Hwy

This home is located at 5508 Kings Hwy in Austin, TX and zip code 78745 in the Southwest neighborhood. This home sits on a 0.23 acre lot. It has been listed on Rocket Homes since May 08, 2022 and is currently priced at $549,000.

In March 2024, from all listings sold in Austin, TX there were more than 159 sold above asking price, over 503 sold below and more than 150 were sold right at the asked price. The number of homes for sale in Austin, TX increased by 21.3% between February 2024 and March 2024. The median list price of listings available in March 2024 was $568,825, while the average time on the real estate market was 56 days.

From Rocket Homes Real Estate and based on county public records data.

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