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2 bed, 2 bath, 985 sqft on 0.04 acres in Northwest Hills. Austin, TX 78731. Last listed at $267,000, sold June 3, 2026. Austin ISD.
About This Home
Just seven miles north of Downtown and UT, this 2-bed, 2-bath condo in Far West is the kind of spot that makes sense, for living now and for long-term investment later. It’s tucked inside a gated, 50-unit community along Far West Blvd, where errands are easy and your coffee routine is even easier (Epoch is right next door). Inside, it’s bright and open with vaulted ceilings and wood look, laminate floors. The living area has that easy, comfortable feel, and the fireplace is a nice bonus for those chilly nights. The kitchen keeps things practical with granite counters and a breakfast bar that works for quick meals. The primary suite is tucked away with its own ensuite, plus a flex space with accordion doors and two points of access. Leave it open to the suite for a Peloton corner or extra closet space, or close it off, and use the second entry from the main living area to make it a true office, studio, or bonus room. The second bedroom is just as adaptable for guests, roommates, or a work-from-home setup. But the real win here is the location. You can walk to HEB, hop on the UT shuttle, and be downtown in about 10 minutes. The Domain and Arboretum are just as easy, so you’re perfectly positioned between Austin’s biggest hubs without dealing with the chaos of being in the middle of it. Add highly rated schools across the street, plus a central courtyard and pool under mature trees, and you’ve got a community that feels established and calm. And if this is an investment play, the fundamentals are solid: location, walkability, a gated community, and a layout that works for roommates, students, professionals, or long-term renters. Easy to live in, easy to rent. Whether you’re planting roots or building a portfolio, this is the kind of Austin location that stays in demand. Buyer to verify all info.
Northwest Hills is a family neighborhood in 78731, built in the 1960s-80s on wooded half-acre lots between MoPac and Loop 360. Median home price $1.19M. Austin ISD schools — Doss Elementary and Murchison Middle rank among the district's best. 12 minutes to UT campus, 15 to downtown.
The housing stock is predominantly single-story ranch and split-level homes on lots averaging 0.3-0.5 acres with mature live oak and cedar canopy. Most original homes are 1,800-3,000 sq ft. A renovation wave has been updating kitchens and adding square footage without tearing down — the lot sizes accommodate additions well. Active listings typically number 15-25 at any given time.
Daily life revolves around the schools and the outdoors. Bull Creek for weekend wading, Mount Bonnell for sunset hikes (8 minutes from the neighborhood), Northwest District Park for soccer and the playground. Far West corridor handles weeknight dining — Saffron, 5280 Burger, Yamas. The Arboretum and Domain are 10 minutes north for shopping. HEB on Far West is the neighborhood grocery hub.
What makes Northwest Hills the family value play in Central Austin: Doss/Murchison school quality at roughly half the Eanes ISD price point, lot sizes that rival Westlake, and a 15-minute commute that beats the suburbs. The tradeoff is Austin ISD (good but not Eanes) and 1960s-80s housing stock that often needs updating.
School District: Austin ISD
View Northwest Hills neighborhood guide- Property Type
- Residential
- Year Built
- 1982
- Lot Size
- 0.04 acres
- Price / Sq Ft
- $271
- HOA
- $453/mo
- Garage
- 1 spaces
Listing information last updated June 3, 2026.
Listed by Compass RE Texas, LLC
MLS# 5292975 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- Ceiling-Vaulted
- Granite Counters
- Crown Molding
- Double Vanity
- Eat-in Kitchen
- High Speed Internet
- Multiple Living Areas
- No Interior Steps
- Open Floorplan
- Primary Bedroom on Main
- Walk-In Closet(s)
- Dishwasher
- Microwave
- Electric Oven
- Free-Standing Electric Range
- Laminate
- Tile
- Heating
- Electric,Fireplace(s)
- Cooling
- Ceiling Fan(s),Central Air,Electric
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Uncovered Courtyard
- Exterior Steps
- Private Entrance
- Stucco
- Trees-Large (Over 40 Ft)
- Trees-Moderate
- Fenced
- Perimeter
- Wood
- Wrought Iron
- Slab
- Roof
- Metal
- Lot Size
- 0.04 Acres
- Community Structure
- Covered
- Reserved
- Garage Spaces
- 1
Financial
- HOA Fee
- $453 / mo
- Original List Price
- $279,000
- Price per Sq Ft
- $271
Utilities
- Cable Available
- Electricity Available
- High Speed Internet
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 3840 Far West BLVD Unit #206, whoever represented it.
- SoldJune 3, 2026Listed at: $279,000MLS 5292975
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
Active Under Contract with current price, original ask, and market time.
- Current list
- $267,000
- Original list
- $279,000
- Price movement
- $12K reduction
- Listed / DOM
- Feb 19, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $326,321
- Assessment Year
- 2025
- Year Built
- 1982
- Parcel ID
- 000000138437
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-2.8% | — | $326,321 | — | — |
2024+7.0% | — | $335,887 | $26,341 | $304,143 |
2023+32.5% | — | $313,779 | $26,341 | $309,546 |
2022+1.5% | — | $236,869 | $26,341 | $287,438 |
2021 | — | $233,482 | $26,341 | $210,528 |
Virtual Tour

Zoned Schools
Anderson
Murchison
Doss
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.
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 2026-10-17T07:07:22.834+00:00; normalized from monthly dues.
Illustrative down payment
20% ($53K)
Adjustable assumption - not a lending recommendation.
Home price
$267,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
$267,000
Price per sqft
$271/sqft
Vs. Neighborhood guide reference price
-77.4%
$1.2M · Northwest Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$12K reduction
$279K original
Active inventory context
21 listings
Price Position in Northwest Hills
Listed 77% below the Northwest Hills neighborhood guide reference price. Northwest Hills neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.
Request Private Market AnalysisConnect 3840 Far West Blvd Unit #206 to the Austin Market
Northwest Hills Neighborhood Guide
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Northwest Hills Homes for Sale
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