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Prime opportunity to build in the heart of Rollingwood, the hottest family neighborhood in the Austin area! This fabulous large, buildable corner lot is ~.3716 acre / ~16,187 square feet. It is rare to find a close-in corner lot that affords the space for a premier architectural design! The City of Rollingwood is a charming, highly sought-after neighborhood with many luxury new construction homes currently under development. This excellent Timberline location is walking distance to Rollingwood Park and the private Western Hills Athletic Club (The Rollingwood Pool), and is close to downtown, Zilker Park, Barton Springs pool, Lady Bird Lake, shopping and restaurants. The City of Rollingwood is currently rated by Niche as the #1 place to raise a family in Travis County, and Eanes ISD is rated as the 10th best school district in the nation. Eanes ISD has long been known as the top school district in the Austin area, with all exemplary A-rated schools! As a bonus, enjoy a lower tax rate than the City of Austin. A mid-century home is in place, value is in the land. Estate sale. Survey and deed restrictions available. Property sold "as-is."
Property Type
Residential
Year Built
1963
Lot Size
0.37 acres
$/Sq Ft
$540
Garage
6 spaces
Listed by Central Austin Real Estate
Verified property facts
4831 Timberline DR is listed at $1,695,000 with 5 bedrooms, 2 full, 1 half bathrooms, 3,136 square feet, 0.37-acre lot.
4831 Timberline 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.
4831 Timberline DR is in Rollingwood, Austin, Texas. See the full [Rollingwood neighborhood guide](/neighborhoods/rollingwood-austin) for market data, schools, and lifestyle details.
4831 Timberline DR is a Residential built in 1963 featuring 5 bedrooms, 2 full, 1 half bathrooms, 3,136 square feet, 0.37-acre lot.
4831 Timberline 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 |
|---|---|---|---|---|
2025-54.1% | — | $1,254,604 | — | — |
2024+15.8% | — | $2,730,865 | $1,200,000 | $404,990 |
2023+118.6% | — | $2,357,827 | $1,500,000 | $1,230,865 |
2022 | — | $1,078,366 | $1,500,000 | $857,827 |
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% ($339K)
$1,695,000
Luxury property intelligence
A sourced read on Rollingwood pricing, timing, and property scale. No automated valuation claim.
List price
$1,695,000
Price per sqft
$540/sqft
Vs. Rollingwood median
-36.4%
$2.7M median
Days on market
1,043 days
Original to current
No verified reduction
$1.7M original
Active inventory context
4 listings
Price Position in Rollingwood
Listed 36% below the Rollingwood median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 4, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Rollingwood
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
4831 Timberline DR is priced at $540 per square foot across 3,136 sqft. The Rollingwood median list price is $2,666,650.
The most recent annual property tax for 4831 Timberline DR is $21,839. 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 ($339,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4831 Timberline DR is around $10,615 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,695,000, 4831 Timberline DR is in the Rollingwood market where there are currently 109 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).
4831 Timberline DR was built in 1963 (63 years ago). Buyers should budget for potential updates to major systems.
4831 Timberline 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)
Somewhat Walkable
Minimal 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.
7 events on record
Current Price
$1,695,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-54.1% | — | $1,254,604 | — | — |
2024+15.8% | — | $2,730,865 | $1,200,000 | $404,990 |
2023+118.6% | — | $2,357,827 | $1,500,000 | $1,230,865 |
2022 | — | $1,078,366 | $1,500,000 | $857,827 |
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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