2 days on Rocket
$4,097 Closing Credit¹
#13274411, Shannon Jones, Listing Office: LPT Realty, LLC
$265,000 List price
5501 Hibiscus Dr Austin, TX 78724
$3,147
Closing credit¹
2 beds
1 full, 1 partial
952 sqft
0.1 acres
$278 / sqft
House
Property details
About 5501 Hibiscus Dr
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.
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air
Size952 sqft
Lot size0.15 Acres
Year built1981
ParkingAttached, Garage Faces Front
MLS #1134021
Garage1 space
Summary
- MLS Number: 1134021
- MLS Name: ACTRIS
- Office Name: Pauly Presley Realty
- Office Phone: (512) 482-9602
- Listing Agent: Adam Theall
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 2025 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
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. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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Last updated on: 4/13/2025, 11:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$265,000
5501 Hibiscus Dr
$3,147
closing credit¹
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Seller rebate
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $305,927 | $241 |
| 2023 | $310,978 | $241 |
| 2022 | $357,745 | $241 |
| 2021 | $93,468 | $241 |
| 2019 | $77,246 | $1,822 |
| 2018 | $70,224 | $1,413 |
| 2017 | $63,840 | $1,294 |
History based on county public records data.
Nearby schools
5
Magnolia Montessori for All
Public Charter PK-6
0.3 mi
•5100 Pecan Brook Dr
1
John B. Winn Montessori Elementary School
Public District EE-5
0.7 mi
•3500 Susquehanna Ln
2
Barbara Jordan Elementary School
Public District EE-5
1.0 mi
•6711 Johnny Morris Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,293. The majority of Austin, TX residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
33%
<35k
60%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
32%
Single, No Kids
29%
Single, with Kids
15%
Married, No Kids
24%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
14%
12-17 yrs old
23%
18-34 yrs old
36%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
NHRA Drag Racing
Soccer
Where do the neighbors shop?
Burlington
Big Lots
Forever 21
Where do the neighbors go to eat?
Popeyes
Golden Corral
Dominos Pizza
What do the neighbors drive?
Dodge
Kia
Mazda
What do the neighbors listen to?
Urban Contemporary
Adult Standards- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5501 Hibiscus Dr
This home is located at 5501 Hibiscus Dr in Austin, TX and zip code 78724 in the Las Cimas neighborhood. This 952 square foot home, which was built in 1981, sits on a 0.15 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $265,000.
Austin, TX housing market in March 2025 saw over 115 listings sold above listed price, more than 139 sold at listed price and over 529 sold below. The number of listings in Austin, TX increased by 28.6% between February and March 2025. In March 2025, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $577,151.
From Rocket Homes Real Estate and based on county public records data.