$3,907 Closing Credit¹
#6158656, Jeff Hayenga, Listing office: Sky Realty
$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
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher
- Flooring Type: Carpet, Vinyl
- Interior: Eat-in Kitchen, Main Level Primary
- Fireplace: None
- Total Bedroom Count: 2
- Garage Space: 1 space
- Private Pool: No
- Parking: Attached, Garage Faces Front
- Waterfront: None
- Exterior: None
- Heating: Central, Natural Gas
- Cooling: Central Air
- List Price: $265,000
- Price/SqFt: $278
- Annual Tax Amount: $241
- Tax Year: 2024
- Lot: Level
- Directions: 183 - Exit Springdale - Right on Pecan Brook - Left on Uray - Right on Hibiscus
- Year Built: 1981
- Stories: 1
- Living Area: 952 SqFt
- Lot Size: 0.15 Acres
- 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.
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Last updated on: 6/26/2025, 3:45:26 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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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. Typical income of Austin, TX residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
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
The listing price of 5501 Hibiscus Dr property is $265,000.
The property 5501 Hibiscus Dr is a house located in Austin, Texas, 78724.
Active Listing: 5501 Hibiscus Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5501 Hibiscus Dr are: Magnolia Montessori for All (GreatSchools Rating 5/10), John B. Winn Montessori Elementary School (GreatSchools Rating 1/10), Barbara Jordan Elementary School (GreatSchools Rating 2/10), Garcia Ymla (GreatSchools Rating 3/10), Sadler Means Ywla (GreatSchools Rating 2/10), Austin Achieve Middle School (GreatSchools Rating 2/10), LBJ Early College High School (GreatSchools Rating 2/10), Lasa High School (GreatSchools Rating 9/10), Austin Achieve High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $241 (source: MLS/based on county public records data).
The property at 5501 Hibiscus Dr has 2 bedrooms and 1 full and 1 half bathrooms.
The property 5501 Hibiscus Dr is 952 SqFt (source: MLS/tax record).
The year of construction for 5501 Hibiscus Dr is 1981.
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.
In May 2025, from all listings sold in Austin, TX there were more than 134 sold above asking price, over 636 sold below and more than 152 were sold right at the asked price. The number of listings in Austin, TX increased by 17.3% between April and May 2025. While the average time on the market in May 2025 was 47 days, the median list price was $575,934.
From Rocket Homes Real Estate and based on county public records data.