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12321 Hanging Valley DR
Austin, TX, 78726
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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
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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
$/Sq Ft
$426
HOA
$150/year
Garage
2 spaces
Pool
Yes
Listed by Tribe Realty Austin
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
12321 Hanging Valley DR is listed at $1,400,000 with 4 bedrooms, 3 full bathrooms, 3,288 square feet, 2.75-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).
12321 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.
12321 Hanging Valley DR is a Residential built in 2004 featuring 4 bedrooms, 3 full bathrooms, 3,288 square feet, 2.75-acre lot.
12321 Hanging Valley DR is listed by Tribe Realty Austin. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 4, 2026.
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2 records on file
Every recorded listing, sale, and lease at 12321 Hanging Valley DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline 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 |
|---|---|---|---|---|
2025-20.0% | — | $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 |
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% ($280K)
Adjustable assumption - not a lending recommendation.
$1,400,000
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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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#1 ABOR Team 2024 with $1B+ career sales volume
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.
This page does not assume a mortgage rate or publish a monthly payment for 12321 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 4, 2026, 12321 Hanging Valley DR is offered at $1,400,000. 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 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.
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.
9 events on record
Current Price
$1,400,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
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 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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