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5 bed, 4 bath, 3,961 sqft on 0.33 acres in Northwest Hills. Austin, TX 78731. $2,175,000. Austin ISD.
Discover timeless sophistication in this meticulously remodeled 2013/2014 contemporary French Country residence in the prestigious Northwest Hills. Thoughtfully updated with designer finishes throughout, the home showcases exquisite details, including wood floors, hand-painted tile, and beamed ceilings that create an atmosphere of refined elegance.
The moment you turn onto Knollwood Drive in Northwest Hills Section 13, the architecture announces itself - a completely transformed 1970 residence that reads as contemporary French Country, rebuilt from the foundation up in 2013 and 2014. This 3,961-square-foot property commands $2.30 million at $580 per square foot, representing the caliber of renovation and location that commands Austin's most discerning buyers.
Inside, the spatial drama begins immediately. Soaring beamed ceilings span the entrance foyer and flow through multiple living areas, creating vertical impact that makes the home feel far larger than its footprint. The primary bedroom anchors the main floor, flanked by walk-in closets and strategic recessed lighting that highlights hand-painted tile work throughout. A formal breakfast bar opens to a kitchen equipped with dual convection ovens, a cooktop, tankless water heater, and commercial-grade appliances that handle both everyday cooking and entertaining.
The finishes layer in authenticity without excess. Cork, wood, and tile flooring transition between zones. Bookcases frame living spaces. Wired-for-sound infrastructure runs throughout, with the audio system invisible but omnipresent. An in-law floorplan provides independent guest quarters, a practical luxury for multigenerational living or visiting family. Multiple dining areas mean you're never confined to one entertaining configuration.
The property's exterior completes the picture. A private saltwater pool sits centered in the rear yard, surrounded by towering native oaks and mature trees that exceed 40 feet - the kind of established canopy that takes decades to grow. Automatic irrigation covers both front and rear landscaping. A two-car garage handles vehicles while a deck serves as the natural extension into the backyard.
Location reinforces value. The home sits within Austin ISD's Northwest corridor, zoned to Doss Elementary, Murchison Middle, and Anderson High School. Knollwood Drive's proximity to MoPac provides access to downtown in under 12 minutes. Anderson Mill Road curves nearby, anchoring neighborhood commercial and dining options. This Northwest Hills address puts you between Zilker Park's green space to the south and the emerging tech corridor to the north.
Days on market: zero. This is acquisition real estate for buyers who understand that complete renovations in established neighborhoods with this pedigree rarely linger.
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 guideVerified property facts
3927 Knollwood Dr is listed at $2,175,000 with 5 bedrooms, 4 full, 1 half bathrooms, 3,961 square feet, 0.33-acre lot. This places it above the ZIP 78731 single-family closed-sale median price of $1,200,000 (ZIP 78731 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 7, 2026).
3927 Knollwood Dr is zoned for Austin ISD with assigned schools: Doss (Austin ISD) (elementary), Murchison (middle), Anderson (high). School assignments should be verified directly with the district.
3927 Knollwood Dr is a Residential built in 1970 featuring 5 bedrooms, 4 full, 1 half bathrooms, 3,961 square feet, 0.33-acre lot.
3927 Knollwood Dr is priced at $549 per square foot across 3,961 sqft. The Northwest Hills neighborhood guide reference price is $1,185,050 (Northwest Hills neighborhood guide · reference price).
#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.
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Listing information last updated July 25, 2026.
Listed by JBGoodwin REALTORS WL
MLS# 3872836 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
2 records on file
Every recorded listing, sale, and lease at 3927 Knollwood DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Active Under Contract 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 |
|---|---|---|---|---|
2025-25.3% | — | $1,319,333 | — | — |
2024+15.6% | — | $1,766,185 | $700,000 | $710,514 |
2023+41.8% | — | $1,528,138 | $700,000 | $1,066,185 |
2022 | — | $1,077,700 | $700,000 | $828,138 |

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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($435K)
Adjustable assumption - not a lending recommendation.
$2,175,000
Luxury property intelligence
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
$2,175,000
Price per sqft
$549/sqft
Vs. Neighborhood guide reference price
+83.5%
$1.2M · Northwest Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$124K reduction
$2.3M original
Active inventory context
20 listings
Price Position in Northwest Hills
Listed 84% above the Northwest Hills neighborhood guide reference price. Northwest Hills neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Sep 18, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 3927 Knollwood Dr is $32,400. 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 3927 Knollwood Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 18, 2026, 3927 Knollwood Dr is offered at $2,175,000. The current MLS snapshot shows 61 active listings in 78731. Keenan Group has completed 91 verified transactions in 78731 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Northwest Hills guide for current neighborhood analysis.
3927 Knollwood Dr was built in 1970 (56 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)
5 events on record
Current Price
$2,175,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-25.3% | — | $1,319,333 | — | — |
2024+15.6% | — | $1,766,185 | $700,000 | $710,514 |
2023+41.8% | — | $1,528,138 | $700,000 | $1,066,185 |
2022 | — | $1,077,700 | $700,000 | $828,138 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 6428 Williams Ridge Way | $2.50M |
| 4011 Greystone Dr | $1.20M |
| 3924 Arbor Glen Way | $1.25M |
| 6109 Mountain Villa Cir | $3.20M |
| 6905 Ladera Norte | $1.90M |
| 4607 Balcones DR | $1.50M |
| 4403 Canyonside TRL | $1.23M |
| 7311 Running Rope | $2.50M |
Car-Dependent
Some 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.
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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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