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$5,775,000
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Elegantly placed on top of the mountain, the property offers panoramic views of Lake Austin, the Pennybacker bridge, Austin Country Club, and Downtown Austin. With over 1.3 acres of land to create your vision or future family compound, the possibilities are limitless. An excellent midtown location with easy access to employers and to private schools like St. Theresa’s, St. Stephen’s and even St. Andrew’s lower school. Nestled in the quiet enclave of Cat Mountain Villas, you enjoy the spoils of the homestead and 4 legal lots below the property to improve or leave pristine to enjoy your privacy. You are invited to make this rare find your gorgeous estate! Offering is for Lot 9 (homestead), Lot 14 (vacant lot), Lot 15 (vacant lot), Lot 16 (vacant lot), and Lot 17 (vacant lot), Blk K, Cat Mountain Villas Sec III B Plus .2754% Int in Common Area. Listing agent has familial relationship to owners.
Property Type
Residential
Year Built
1986
Lot Size
1.30 acres
$/Sq Ft
$1,413
HOA
$65/mo
Garage
4 spaces
Listed by Moreland Properties
Verified property facts
4708 Lookout Mountain CV is listed at $5,775,000 with 3 bedrooms, 3 full, 1 half bathrooms, 4,088 square feet, 1.30-acre lot. This places it above the 78731 median of $1,225,000.
4708 Lookout Mountain CV is zoned for Austin ISD with assigned schools: Highland Park (10/10) (elementary), Lamar (Austin ISD) (middle), McCallum (8/10) (high). School assignments should be verified directly with the district.
4708 Lookout Mountain CV is in Cat Mountain, Austin, Texas. See the full [Cat Mountain neighborhood guide](/neighborhoods/cat-mountain-austin) for market data, schools, and lifestyle details.
4708 Lookout Mountain CV is a Residential built in 1986 featuring 3 bedrooms, 3 full, 1 half bathrooms, 4,088 square feet, 1.30-acre lot.
4708 Lookout Mountain CV 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 |
|---|---|---|---|---|
2025-10.1% | — | $1,587,022 | — | — |
2024+10.1% | — | $1,765,543 | $787,500 | $1,121,992 |
2023+30.9% | — | $1,603,451 | $787,500 | $978,043 |
2022 | — | $1,224,800 | $787,500 | $815,951 |
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% ($1.2M)
$5,775,000
Luxury property intelligence
A sourced read on Cat Mountain pricing, timing, and property scale. No automated valuation claim.
List price
$5,775,000
Price per sqft
$1,413/sqft
Vs. Cat Mountain median
+442.3%
$1.1M median
Days on market
1,479 days
Original to current
$220K reduction
$6M original
Active inventory context
4 listings
Price Position in Cat Mountain
Listed 442% above the Cat Mountain median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 16, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Cat Mountain
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#1 ABOR Team 2024 with $1B+ career sales volume
4708 Lookout Mountain CV is priced at $1,413 per square foot across 4,088 sqft. The Cat Mountain median list price is $1,065,000.
The most recent annual property tax for 4708 Lookout Mountain CV is $43,601. 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 ($1,155,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4708 Lookout Mountain CV is around $33,599 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $5,775,000, 4708 Lookout Mountain CV is in the Cat Mountain market where there are currently 64 active listings in 78731. The Keenan Group has completed 106 transactions in 78731 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Cat Mountain guide](/neighborhoods/cat-mountain-austin).
4708 Lookout Mountain CV was built in 1986 (40 years ago). Buyers should budget for potential updates to major systems.
4708 Lookout Mountain CV includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
4708 Lookout Mountain CV sits on a 1.30-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
4708 Lookout Mountain CV is part of a managed community with HOA dues of $65 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Cat Mountain is one of Austin's established neighborhoods, zoned for Austin ISD in the 78731 area. The Keenan Group has specialized in Cat Mountain 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
$5,995,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-10.1% | — | $1,587,022 | — | — |
2024+10.1% | — | $1,765,543 | $787,500 | $1,121,992 |
2023+30.9% | — | $1,603,451 | $787,500 | $978,043 |
2022 | — | $1,224,800 | $787,500 | $815,951 |
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
Cat Mountain takes its name from an actual geological feature - a ridgeline along the eastern edge that early settlers thought resembled a crouching cat. Whether you see the cat or not, what you will see from nearly every lot are unobstructed Hill Country views stretching west toward Lake Travis, and those views are the reason people pay what they pay to live here. Cat Mountain occupies a prime stretch of northwest Austin between Loop 360 to the east, FM 2222 to the north, and the western reaches of the 78731 zip code. Downtown is about 15 minutes via 360 to MoPac, and the Arboretum sits less than 10 minutes north. The 360/2222 intersection anchors daily errands. Lake Austin is accessible from nearby boat ramps, and the western edge backs up to the Balcones Canyonlands Preserve, which means your backyard neighbor might be a golden-cheeked warbler rather than another family. The housing stock reflects three decades of custom building on hilly terrain. Texas Traditional and Ranch-style homes account for about 35%, often featuring single-story layouts with limestone exteriors and covered patios oriented toward western views. Mediterranean homes make up 25%, with stucco facades and barrel tile roofs. Hill Country Contemporary designs represent roughly 20% and tend to be newer builds. Lot sizes range from a third of an acre to a full acre. Most homes fall between 2,500 and 5,000 square feet, with pricing from the high $700s for dated homes up to $2.5 million for updated custom builds with strong view corridors. Cat Mountain feeds into Austin ISD, specifically Doss Elementary and Murchison Middle School, both carrying strong academic reputations. Doss draws families from across the 78731 zip code, and the school's performance is a consistent factor in home values. For high school, most students attend Anderson High School, which offers International Baccalaureate programming. Some families opt for private schools like St. Andrew's Episcopal or Regents School, both within a short drive. The lifestyle centers on the outdoors. Bull Creek District Park is essentially the neighborhood's back yard, with swimming holes, hiking trails, and shade. The 360 Bridge Overlook sits at the southern edge. Mount Bonnell is a short drive north, and Wild Basin Wilderness Preserve offers guided nature walks. For dining, Chez Zee has been the neighborhood bistro for decades, serving brunch and comfort food. Siena Ristorante Toscana handles date nights. Jack Allen's on 360 is the reliable weeknight choice. County Line on the Lake does barbecue with water views, and Roaring Fork serves upscale Western American food. Cat Mountain is more affordable per square foot than Westlake Hills and Rob Roy to the south, which carry Eanes ISD premiums. It offers larger lots and more mature landscaping than newer developments in Steiner Ranch or River Place. And it provides a more residential setting than Great Hills to the north. The tradeoff is that some homes from the 1980s and early 1990s may need roof replacements, HVAC updates, and kitchen renovations running $100,000 to $200,000. Cat Mountain makes sense for buyers who want Hill Country views without moving 30 minutes from downtown. It fits families who value Doss Elementary and Anderson High and do not want the Eanes ISD premium. And it works for anyone who prioritizes natural setting over manicured suburban aesthetics. If walkability matters more than views, look at Tarrytown or Rosedale. But if you want to watch the sunset from your back porch and make it to a downtown dinner in 15 minutes, Cat Mountain is hard to beat.
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