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This property has sold on April 21, 2023. Looking for something similar? Contact us or browse available homes.

12321 Hanging Valley DR

Austin, TX, 78726

Satellite view of 12321 Hanging Valley DR
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Off Marketas of Jun 4, 2026

This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.

$1,400,000

last listed

12321 Hanging Valley Dr, Austin, TX 78726

Austin•MLS# 8850651
4beds
3bath
3,288sqft
Built2004

Why you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.

4 bed, 3 bath, 3,288 sqft on 2.75 acres in Austin. Austin, TX 78726. Last listed at $1,400,000, sold April 21, 2023. Leander ISD.

About This Home

MOTIVATED SELLER! BRING ALL OFFERS!Relax to your private retreat on 2.74 acres with beautiful views of the hill country and surrounded by Balcones Canyonland Preserve with 50+ protected acres of future development – All of this while still having quick access to all that Austin and Lake Travis have to offer – boat ramps, marinas, parks, restaurants including close proximity to the famous “Oasis”. You can relax by the stone surround pool and spa with its own waterfall. There is a huge game room/bonus room above the garage plumbed for a wet bar with a great balcony to enjoy the gorgeous sunrise and sunset views above the canyon. The neighborhood has 15 acres of private hiking trails as well as hiking down the canyon right in your own backyard! The home sits about 900 ft back off the road at the end of a cul-de-sac with a private drive. The home is framed with spruce wood and all cabinetry is of true long pine and has floor to ceiling windows for views out back. The concrete floors are hand troweled and acid stained for a beautiful finish. Behind the garage is plumbed for an additional bath with shower/toilet. Minimal restrictions and low tax rate are a bonus! New dishwasher and oven to come. Excludes bathroom mirrors. TEXT AGENT FOR APPT

Property Type
Residential
Year Built
2004
Lot Size
2.75 acres
Price / Sq Ft
$426
HOA
$150/year
Garage
2 spaces
Pool
Yes

Listing information last updated April 17, 2024.

Listed by Tribe Realty Austin

MLS# 8850651 • Closed

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Properties displayed may be listed or sold by various participants in the MLS.

Highlights

Private pool and outdoor entertaining setup
2-car garage with additional parking capacity
Generous 2.75-acre lot
Ceiling Fan(s)
Beamed Ceilings
Stone Counters

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • Beamed Ceilings
  • Stone Counters
  • Double Vanity
  • Entrance Foyer
  • In-Law Floorplan
  • Multiple Dining Areas
  • Natural Woodwork
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Soaking Tub
  • Two Primary Closets
  • Walk-In Closet(s)

Appliances

  • Built-In Electric Oven
  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Propane Cooktop
  • Free-Standing Refrigerator
  • Vented Exhaust Fan
  • Washer
  • Dryer

Flooring

  • Concrete
  • Wood
Heating
Propane
Cooling
Central Air
Fireplaces
1
Exterior & Lot

Features

  • Balcony
  • Private Yard

Construction

  • Hardi
  • Plank Type
  • Stone

Lot Features

  • Greenbelt
  • Cul-De-Sac
  • Private
  • Many Trees
  • Views
  • Xeriscape

Foundation

  • Slab

Patio / Porch

  • Covered
  • Deck
  • Front Porch
  • Patio
  • Rear Porch
Roof
Composition,Metal,Mixed
Lot Size
2.75 Acres

Parking

  • Detached
  • Garage
  • Garage Door Opener
  • Garage Faces Front
Garage Spaces
2
Pool
Yes

Waterfront

  • Creek
  • Dry
  • Seasonal
Financial
HOA Fee
$150 / year
Original List Price
$1,489,000
Price per Sq Ft
$426
Utilities
  • Electricity Connected
  • Propane
Water Source
Well
Sewer
Aerobic Septic

Transaction History

2 records on file

Every recorded listing, sale, and lease at 12321 Hanging Valley DR, whoever represented it.

  1. SoldApril 21, 2023
    Listed at: $1,489,000MLS 8850651
  2. ExpiredListed 2022
    Current price: $1,650,000Original list: $1,975,000MLS 3220178

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$1,400,000
Original list
$1,489,000
Price movement
$89K reduction
Listed / DOM
Feb 8, 2023

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$1,252,396
Assessment Year
2025
Year Built
2004
Parcel ID
000000441015
$1.6M
$1.2M
$1,213,361
2022
$1,398,062
+15.2% from prev
2023
$1,565,043
+11.9% from prev
2024
$1,252,396
-20.0% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025-20.0%
—$1,252,396——
2024+11.9%
—$1,565,043$236,897$1,132,922
2023+15.2%
—$1,398,062$236,897$1,328,146
2022
—$1,213,361$236,897$1,161,165
5-Year Change3.2%

Virtual Tour

Virtual tour of 12321 Hanging Valley Dr
Map showing 12321 Hanging Valley DR
12321 Hanging Valley DR
Directions

Zoned Schools

Leander ISD →

1 High School1 Middle School1 Elementary School

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.

Principal & interest
$7,755
HOA dues
$13

Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.

HOA source: MLS Grid / Unlock MLS, as of 2026-06-04T16:40:05.187782+00:00; normalized from annual dues.

20% ($280K)

Adjustable assumption - not a lending recommendation.

$1,400,000

Loan: $1.1M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.

List price

$1,400,000

Price per sqft

$426/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

Not available

Original to current

$89K reduction

$1.5M original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 4, 2026.

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Frequently Asked Questions

What school district is 12321 Hanging Valley Dr in?

12321 Hanging Valley Dr is zoned for Leander ISD with assigned schools: Grandview Hills (elementary), Four Points (middle), Vandegrift (high). School assignments should be verified directly with the district.

What are the property details for 12321 Hanging Valley Dr?

12321 Hanging Valley Dr is a Residential built in 2004 featuring 4 bedrooms, 3 full bathrooms, 3,288 square feet, 2.75-acre lot.

What is the price per square foot at 12321 Hanging Valley Dr?

12321 Hanging Valley Dr was last listed at $426 per square foot across 3,288 sqft.

What are the property taxes for 12321 Hanging Valley Dr?

The most recent annual property tax for 12321 Hanging Valley Dr is $12,484. 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.

How does 12321 Hanging Valley Dr compare with other homes in Austin?

12321 Hanging Valley Dr was last listed at $1,400,000 and sold on April 21, 2023. The current MLS snapshot shows 30 active listings in 78726. Keenan Group has completed 7 verified transactions in 78726 within its 1,000+ completed transactions and $1B+ career volume across Austin.

What is the water access at 12321 Hanging Valley Dr?

The MLS listing marks 12321 Hanging Valley Dr as waterfront. The reported waterfront feature is Creek, Dry, Seasonal. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.

What is the community structure at 12321 Hanging Valley Dr?

The MLS listing reports HOA or association dues of $150 annual for 12321 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.

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#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

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Last updated: 6/4/2026, 11:40:05 AM

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