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Verified property facts
120 Novi Rd is listed at $599,000 with 3 bedrooms, 2 full bathrooms, 5,425 square feet, 11.48-acre lot. This places it above the 76527 median of $505,000.
120 Novi Rd is zoned for Florence ISD with assigned schools: Florence (elementary), Florence (middle), Florence (high). School assignments should be verified directly with the district.
120 Novi Rd is in Downtown Austin, Austin, Texas. See the full [Downtown Austin neighborhood guide](/neighborhoods/downtown-austin) for market data, schools, and lifestyle details.
120 Novi Rd is a Residential built in 2021 featuring 3 bedrooms, 2 full bathrooms, 5,425 square feet, 11.48-acre lot.
120 Novi Rd is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Price Change with current price, original ask, and market time.
Dream Big on 11.4 Acres! Unfinished Barndominium Awaits Your Vision! Welcome to 120 Novi Road, a rare gem nestled in the heart of Florence, Texas! This expansive 11.4-acre property on CR221 is a canvas of possibilities for those seeking a serene escape or a country lifestyle with all the room to roam. Property Features: Size & Space: With over 11 acres of gently rolling terrain, this parcel offers ample space for outdoor activities, gardening, or even livestock. The land is ready for you to transform it into your personal oasis. Unfinished Barndominium: A unique opportunity awaits with an unfinished barndominium that’s just waiting for your personal touch. Create your dream home with the layout designed for spacious living and entertaining, or finish it to suit your needs as a workshop or studio. The potential is limitless! Location: Enjoy the peace and quiet of country living while still being conveniently close to local amenities and the vibrant communities of Florence and nearby towns. The beautiful Texas landscape surrounds you, and the clear skies at night provide wonderful stargazing opportunities. Utilities: The property offers easy access to utilities, making it easier for you to begin your build-out process. This is more than just a property; it’s a chance to build your dream in a location that offers the best of rural living. Whether you’re looking to settle down, invest, or create a weekend getaway, 120 Novi Road is waiting for your vision. Don’t miss out on this fantastic opportunity! Schedule your private tour today, and start imagining the possibilities that await you on this expansive plot of land.
Property Type
Residential
Year Built
2021
Lot Size
11.48 acres
$/Sq Ft
$110
Garage
2 spaces
Listed by JBGoodwin REALTORS NW
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Florence ISD
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility. Ratings from GreatSchools.org.
20% ($120K)
$599,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$599,000
Price per sqft
$110/sqft
Vs. Downtown Austin median
-31.5%
$875K median
Days on market
607 days
Original to current
No verified reduction
$599K original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 32% below the Downtown Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
120 Novi Rd is priced at $110 per square foot across 5,425 sqft. The Downtown Austin median list price is $875,000.
The most recent annual property tax for 120 Novi Rd is $4,800. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($119,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 120 Novi Rd is around $3,508 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $599,000, 120 Novi Rd is in the Downtown Austin market where there are currently 19 active listings in 76527. For a detailed market analysis, see our [Downtown Austin guide](/neighborhoods/downtown-austin).
120 Novi Rd was built in 2021, making it 5 years old with relatively recent construction.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Downtown Austin is one of Austin's established neighborhoods, zoned for Florence ISD in the 76527 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
2 events on record
Current Price
$599,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in n/a
Neighborhood guide and local insights
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts. The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake. The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views. Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance. Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
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Recent sales for market context
