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$865,000
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Boasting an extraordinary 1.789-acre lot backing directly to a lush greenbelt, this single-story home provides ultimate privacy in the Painted Bunting community. Showcasing 2,846 square feet of well-designed living space, the interior presents a highly flexible layout comprising four spacious bedrooms, three full bathrooms, multiple living areas, and a dedicated home office. Recent updates include fresh interior and exterior paint, a newer shingle roof, and newer appliances, making this property completely move-in ready. The bright, open kitchen functions as the true heart of the home, beautifully equipped with premium granite countertops, a generous center island, and modern recessed lighting. This space connects effortlessly to the main living room and dining room, providing an excellent setup for daily living and entertaining. The primary suite offers an expansive view of the bird habitat, featuring an en-suite primary bathroom with dual vanities, granite counters, a walk-in shower, and two separate primary closets. Three additional well-sized bedrooms and two full bathrooms. The outdoor living spaces are extraordinary. A custom detached enclosed hot tub space and an expansive back deck provide the ideal setting to relax and take in the beautiful hill country views. The fully fenced backyard allows for endless outdoor activities, while established mature trees offer generous shade. Living in the Four Points area ensures an active lifestyle with access to top-rated Leander ISD schools, including Vandegrift High School. Residents enjoy nearby walking trails and a quiet, heavily wooded environment while remaining close to local conveniences. Schedule your private showing today and make this incredible retreat your own!
Property Type
Residential
Year Built
2003
Lot Size
1.79 acres
$/Sq Ft
$304
HOA
$150/year
Garage
2 spaces
Pool
Yes
Listed by Keller Williams - Lake Travis
Verified property facts
12216 Hanging Valley DR is listed at $865,000 with 4 bedrooms, 3 full bathrooms, 2,846 square feet, 1.79-acre lot. This places it above the ZIP 78726 single-family closed-sale median price of $700,000 (ZIP 78726 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 7, 2026).
12216 Hanging Valley DR is zoned for Leander ISD with assigned schools: Grandview Hills (6/10) (elementary), Four Points (7/10) (middle), Vandegrift (9/10) (high). School assignments should be verified directly with the district.
12216 Hanging Valley DR is a Residential built in 2003 featuring 4 bedrooms, 3 full bathrooms, 2,846 square feet, 1.79-acre lot.
12216 Hanging Valley DR is listed by Keller Williams - Lake Travis. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using public records data reviewed as of Jun 30, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
2 records on file
Every recorded listing, sale, and lease at 12216 Hanging Valley DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-27.4% | — | $911,835 | — | — |
2024+13.4% | — | $1,255,669 | $162,897 | $818,710 |
2023+14.5% | — | $1,106,916 | $162,897 | $1,092,772 |
2022 | — | $966,626 | $162,897 | $944,019 |

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% ($173K)
Adjustable assumption - not a lending recommendation.
$865,000
Luxury property intelligence
A sourced read on Painted Bunting Ph 02 pricing, timing, and property scale. No automated valuation claim.
List price
$865,000
Price per sqft
$304/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$30K reduction
$895K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Jun 30, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
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#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 12216 Hanging Valley DR is $6,895. 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.
This page does not assume a mortgage rate or publish a monthly payment for 12216 Hanging Valley DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 30, 2026, 12216 Hanging Valley DR is offered at $865,000. The current MLS snapshot shows 39 active listings in 78726. Keenan Group has completed 4 verified transactions in 78726 within its 1,000+ completed transactions and $1B+ career volume across Austin.
The MLS listing reports HOA or association dues of $150 annual for 12216 Hanging Valley DR. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
No Nearby Transit
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
5 events on record
Current Price
$865,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-27.4% | — | $911,835 | — | — |
2024+13.4% | — | $1,255,669 | $162,897 | $818,710 |
2023+14.5% | — | $1,106,916 | $162,897 | $1,092,772 |
2022 | — | $966,626 | $162,897 | $944,019 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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