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A Rare Midcentury Modern Gem with Downtown Views. Originally designed in 1951 by Austin architect Thomas Shefelman, this California-style midcentury modern home in Rollingwood has been thoughtfully remodeled and expanded by Nix Group Architects. Located just minutes from downtown and walkable to Zilker Park and the Lady Bird Lake Hike & Bike Trail, it offers timeless design and a view of the Austin skyline through floor-to-ceiling living room windows. The light-filled living area is complete with cork flooring, operable high-low windows, and a suspended fireplace. The kitchen was completely rebuilt with a raised sloped ceiling, clerestory windows, and a reconfigured north wall with new counter-height windows. Though modernized, the original stainless steel sink was restored and reused. Remodeled in 2012 by the current owners, interior updates at the time included remodeled baths, hallway, utility room, and a redesigned HVAC. A workroom was added to the carport, and a standing seam metal roof replaced the original membrane. A backyard deck and entry walkscape enhance the outdoor spaces. This home is a true architectural treasure—restored with care and designed for modern living. In the highly sought after Eanes ISD and one of the best locations within Rollingwood!
Property Type
Residential
Year Built
1951
Lot Size
0.46 acres
$/Sq Ft
$995
Garage
10 spaces
Listed by Resident Realty, LTD.
Verified property facts
407 Almarion DR is listed at $2,699,000 with 3 bedrooms, 3 full bathrooms, 2,713 square feet, 0.46-acre lot. This places it above the 78746 median of $2,050,000.
407 Almarion DR is zoned for Eanes ISD with assigned schools: Eanes (10/10) (elementary), Hill Country (9/10) (middle), Westlake (9/10) (high). School assignments should be verified directly with the district.
407 Almarion DR is in Rollingwood, Austin, Texas. See the full [Rollingwood neighborhood guide](/neighborhoods/rollingwood-austin) for market data, schools, and lifestyle details.
407 Almarion DR is a Residential built in 1951 featuring 3 bedrooms, 3 full bathrooms, 2,713 square feet, 0.46-acre lot.
407 Almarion 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
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
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 |
|---|---|---|---|---|
2025-31.1% | — | $2,158,000 | — | — |
2024+10.6% | — | $3,131,294 | $1,320,000 | $854,924 |
2023+74.2% | — | $2,830,393 | $1,650,000 | $1,481,294 |
2022+25.0% | — | $1,625,251 | $1,650,000 | $1,180,393 |
2021 | — | $1,300,104 | $825,000 | $800,251 |

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% ($540K)
$2,699,000
Luxury property intelligence
A sourced read on Rollingwood pricing, timing, and property scale. No automated valuation claim.
List price
$2,699,000
Price per sqft
$995/sqft
Vs. Rollingwood median
+1.2%
$2.7M median
Days on market
353 days
Original to current
$150.9K reduction
$2.8M original
Active inventory context
4 listings
Price Position in Rollingwood
Listed 1% above the Rollingwood median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Rollingwood
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#1 ABOR Team 2024 with $1B+ career sales volume
407 Almarion DR is priced at $995 per square foot across 2,713 sqft. The Rollingwood median list price is $2,666,650.
The most recent annual property tax for 407 Almarion DR is $31,475. 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.
With 20% down ($539,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 407 Almarion DR is around $16,627 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $2,699,000, 407 Almarion DR is in the Rollingwood market where there are currently 113 active listings in 78746. The Keenan Group has completed 19 transactions in 78746 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Rollingwood guide](/neighborhoods/rollingwood-austin).
407 Almarion DR was built in 1951 (75 years ago). Buyers should budget for potential updates to major systems.
407 Almarion DR includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Rollingwood is one of Austin's established neighborhoods, zoned for Eanes ISD in the 78746 area. The Keenan Group has specialized in Rollingwood 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)
7 events on record
Current Price
$2,849,900
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-31.1% | — | $2,158,000 | — | — |
2024+10.6% | — | $3,131,294 | $1,320,000 | $854,924 |
2023+74.2% | — | $2,830,393 | $1,650,000 | $1,481,294 |
2022+25.0% | — | $1,625,251 | $1,650,000 | $1,180,393 |
2021 | — | $1,300,104 | $825,000 | $800,251 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
Rollingwood is an independent city of 1,500 people in 0.7 square miles of 78746, between Zilker Park and Barton Creek. Eanes ISD schools, 10-minute commute to downtown, and the shortest path into the #1-ranked school district in Texas. Median home price around $2.7M. The neighborhood is in a generational transition. Original 1950s-60s ranch homes on flat lots (0.2-0.5 acres) sell as teardowns at $800K-$1.5M, replaced by contemporary builds in the $2M-$4M range. New construction and original homes sit side by side on narrow streets. At any given time, expect 5-10 active listings across the entire city. Zilker Park is essentially the front yard - 351 acres of playgrounds, the Botanical Garden, Barton Springs Pool, and the Zilker Eagle train. The Barton Creek Greenbelt runs along the southern edge with Spyglass and Gus Fruh trailheads a 3-minute drive from most homes. South Lamar corridor restaurants - Uchi, Odd Duck, Matt's El Rancho - are five minutes east. What separates Rollingwood from the rest of Westlake: the scale. You know the mayor, you see the same families at the park, and the Fourth of July parade runs down Rollingwood Drive. It has the feel of a small Texas town that happens to sit between Zilker Park and Barton Creek, inside Eanes ISD.
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