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3 bed, 2 bath, 2,635 sqft on 0.65 acres in Northwest Hills. Austin, TX 78731. $1,050,000. Austin ISD.
Move-in Ready in sought-after Northwest Hills. Perched on a beautiful.6 acre hillside lot, this home is perfect for lock-and-leave and it does not have an HOA. The primary suite is a serene retreat on the first floor. Never before on the market, this home has been updated and is ready for a new owner. Fresh Paint, Carpet and Refinished Wood Floors, High Ceilings, Remodeled Kitchen and Primary Bath. The two story entry fills the home with light and leads to a formal living and formal dining. The kitchen and breakfast area are open to the family room with soaring ceilings and a view to the back yard. The downstairs primary suite overlooks the sloping backyard, features a bay window and a updated bath with marble frameless shower, large tub and marble lavatories. The family room and the primary bedroom open on to the recently refinished deck. The upstairs 3rd living is a perfect space for an office, playroom or TV room or add a Murphy bed for guests. This living area is adjacent to the additional 2 bedrooms and bath. The backyard slopes uphill and is a care-free natural landscape. The lot is only limited by ones imagination - a protected outdoor space or a child's wonderland.The central location is convenient to downtown, the Arboretum and Domain, Lakeway and Lake Travis via 2222 and easy access to south Austin and Westlake via 360. This address feeds to Doss Elementary, Murchison Middle School and Anderson High School.
Four thousand twenty-eight Walnut Clay Drive sits in Shinoak Valley, a neighborhood where mature trees and sloped lots create natural separation from the surrounding Austin sprawl. This 2,635-square-foot home has been thoughtfully updated for contemporary living while maintaining the architectural bones that made it work for the past 30 years.
The home's design centers on a two-story entry that floods the interior with natural light and sets the tone for how spaces flow into one another. The formal living and dining rooms anchor the front, while the kitchen and breakfast area open directly into a family room with soaring ceilings and sightlines to the backyard. This progression from intimate to expansive is intentional - the kind of spatial thinking that transforms how a family actually moves through a house daily.
Granite counters and a remodeled kitchen make daily functionality work. The primary suite occupies the main floor with a bay window framing the sloped backyard and an updated bathroom attached. Both the family room and primary bedroom step directly onto a recently refinished deck, collapsing the boundary between conditioned and outdoor living. The three bedrooms upstairs provide flexibility for a growing family or guest space.
Recent updates include fresh paint throughout, new carpet, and refinished hardwood floors. Crown molding and ceiling fans are in place. Built-in electric range, cooktop, and dishwasher handle the cooking side. The sloped lot - 0.651 acres - works as both a practical feature and design element. Mature trees at 20-40 feet tall provide shade and privacy. An automatic sprinkler system handles the landscaping. The backyard's uphill slope creates natural amphitheater-like potential: a play area, a garden space, a retreat zone.
The home feeds to Doss Elementary, Murchison Middle School, and Anderson High School within Austin ISD. The location in Northwest Hills positions you 15-20 minutes from downtown Austin, making both the tech corridor and central business district accessible without feeling urban.
At $436 per square foot, the pricing reflects a move-in-ready property in a neighborhood where tree-lined lots and established character command premium value. This is a home that works immediately while offering room to personalize the outdoor spaces for your specific needs.
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
4028 Walnut Clay Dr is listed at $1,050,000 with 3 bedrooms, 2 full, 1 half bathrooms, 2,635 square feet, 0.65-acre lot.
4028 Walnut Clay 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.
4028 Walnut Clay Dr is a Residential built in 1993 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,635 square feet, 0.65-acre lot.
4028 Walnut Clay Dr is priced at $398 per square foot across 2,635 sqft. The Northwest Hills neighborhood guide reference price is $1,185,050 (Northwest Hills neighborhood guide · reference price).
The most recent annual property tax for 4028 Walnut Clay Dr is $22,749. 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.
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Listing information last updated July 19, 2026.
Listed by Gottesman Residential R.E.
MLS# 4170823 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
1 record on file
Every recorded listing, sale, and lease at 4028 Walnut Clay 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 |
|---|---|---|---|---|
2025-27.9% | — | $1,111,634 | — | — |
2024+4.3% | — | $1,542,230 | $924,000 | $348,975 |
2023+55.5% | — | $1,478,747 | $924,000 | $618,230 |
2022+10.3% | — | $950,764 | $924,000 | $554,747 |
2021 | — | $862,029 | $528,000 | $422,764 |
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% ($210K)
Adjustable assumption - not a lending recommendation.
$1,050,000
Luxury property intelligence
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,050,000
Price per sqft
$398/sqft
Vs. Neighborhood guide reference price
-11.4%
$1.2M · Northwest Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$100K reduction
$1.2M original
Active inventory context
20 listings
Price Position in Northwest Hills
Listed 11% below the Northwest Hills neighborhood guide reference price. Northwest Hills neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Aug 20, 2026.
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This page does not assume a mortgage rate or publish a monthly payment for 4028 Walnut Clay Dr. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Aug 20, 2026, 4028 Walnut Clay Dr is offered at $1,050,000. 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.
4028 Walnut Clay Dr was built in 1993 (33 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)
| Address | Offered At |
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| 4101 Far West BLVD | $875K |
| 4011 Greystone Dr | $1.20M |
| 3924 Arbor Glen Way | $1.25M |
| 4607 Balcones DR | $1.50M |
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| 5905 Balsam HOLW | $850K |
| 7628 Parkview CIR | $1.25M |
5 events on record
Current Price
$1,050,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-27.9% | — | $1,111,634 | — | — |
2024+4.3% | — | $1,542,230 | $924,000 | $348,975 |
2023+55.5% | — | $1,478,747 | $924,000 | $618,230 |
2022+10.3% | — | $950,764 | $924,000 | $554,747 |
2021 | — | $862,029 | $528,000 | $422,764 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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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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