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This property has sold on January 15, 2026. Looking for something similar? Contact us or browse available homes.
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Perched high on a quiet street in Northwest Hills, this spacious two-story ranch offers the perfect blend of character and potential. Set on an expansive 0.464-acre lot, the home enjoys incredible backyard privacy with mature trees and multiple outdoor living areas—an ideal retreat right in the heart of one of Austin’s most established neighborhoods. Inside, you’ll find four large bedrooms and 2.5 baths, plus generous living and entertaining spaces highlighted by a classic stone fireplace. The remodeled kitchen impresses with a large center island, abundant storage, sleek counters, modern backsplash, refinished cabinetry, and a coffee bar setup designed for morning rituals or evening entertaining. Recent updates include a new roof (2025), dual-zone HVAC with all new ductwork (2023), a water heater (2022), and the kitchen refresh (2022). Upstairs, the primary suite offers walk-in closets and a private balcony with tree-top views. Secondary bedrooms are equally spacious, with two offering direct balcony access. Enjoy ultimate convenience with walkability to restaurants and shops on Far West, and close proximity to highly acclaimed schools—Doss Elementary, Murchison Middle, and Anderson High. With a prime location, massive lot, and quality bones, this is a rare opportunity to move right in or make some light updates to make it your own.
Property Type
Residential
Year Built
1972
Lot Size
0.46 acres
$/Sq Ft
$385
Listed by Compass RE Texas, LLC
Verified property facts
3908 Knollwood Dr is listed at $875,000 with 4 bedrooms, 2 full, 1 half bathrooms, 2,272 square feet, 0.46-acre lot.
3908 Knollwood Dr is zoned for Austin ISD with assigned schools: Doss (Austin ISD) (elementary), Murchison (7/10) (middle), Anderson (7/10) (high). School assignments should be verified directly with the district.
3908 Knollwood Dr is in Northwest Hills, Austin, Texas. See the full [Northwest Hills neighborhood guide](/neighborhoods/northwest-hills-austin) for market data, schools, and lifestyle details.
3908 Knollwood Dr is a Residential built in 1972 featuring 4 bedrooms, 2 full, 1 half bathrooms, 2,272 square feet, 0.46-acre lot.
3908 Knollwood Dr 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
Property Details
Previously Represented By
The Keenan Group at Compass
#1 ABoR Team 2024$1B+ Career Sales1,000+ Homes Sold
Original List Price
$825,000
Closing Date
August 19, 2021
Days on Market
6
The Keenan Group represented the seller in the August 19, 2021 sale of this property (listed at $825,000). The home was on the market for 6 days.
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 |
|---|---|---|---|---|
2025-14.1% | — | $733,932 | — | — |
2024-9.4% | — | $854,466 | $616,000 | $239,137 |
2023+16.8% | — | $942,840 | $616,000 | $238,466 |
2022 | — | $807,504 | $616,000 | $326,840 |
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% ($175K)
$875,000
Luxury property intelligence
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
$875,000
Price per sqft
$385/sqft
Vs. Northwest Hills median
-26.2%
$1.2M median
Days on market
239 days
Original to current
$40K reduction
$915K original
Active inventory context
20 listings
Price Position in Northwest Hills
Listed 26% below the Northwest Hills median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Northwest Hills
Active listings and buyer search context in Northwest Hills
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
3908 Knollwood Dr is priced at $385 per square foot across 2,272 sqft. The Northwest Hills median list price is $1,185,050.
With 20% down ($175,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 3908 Knollwood Dr is around $6,144 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $875,000, 3908 Knollwood Dr is in the Northwest Hills market where there are currently 59 active listings in 78731. The Keenan Group has completed 104 transactions in 78731 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Northwest Hills guide](/neighborhoods/northwest-hills-austin).
3908 Knollwood Dr was built in 1972 (54 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Northwest Hills is one of Austin's established neighborhoods, zoned for Austin ISD in the 78731 area. The Keenan Group has specialized in Northwest Hills 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)
9 events on record
Current Price
$915,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-14.1% | — | $733,932 | — | — |
2024-9.4% | — | $854,466 | $616,000 | $239,137 |
2023+16.8% | — | $942,840 | $616,000 | $238,466 |
2022 | — | $807,504 | $616,000 | $326,840 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
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Neighborhood guide and local insights
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.
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