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2 bed, 3 bath, 4,474 sqft on 0.48 acres in Highland Park West. Austin, TX 78731. Last listed at $1,495,000, sold May 20, 2026. Austin ISD.
About This Home
OPEN HOUSE SUNDAY 4/26 FROM 2-4. This thoughtfully updated home on a 0.48 acre lot with 2 bedrooms, 3 full bathrooms plus an office/flex space is an incredible opportunity right in the heart of Highland Park West. The property has been lightly modified for wheelchair accessibility, offering both comfort and functionality without compromising style or location. Features include two primary suites, gorgeous large family room with walls of windows overlooking the backyard and a spacious sunroom with an indoor therapy pool —ideal for wellness, rehabilitation or year-round enjoyment. The oversized, flat backyard is beautifully landscaped, providing easy mobility and a peaceful outdoor setting. It is recommended that buyers verify square footage.
The 1950 craftsman at 4901 Valley Oak Dr in Highland Park West is a study in mid-century substance - a two-bedroom, three-bath home on nearly half an acre that trades obvious square footage for genuine character and purposeful design. At $1.50M ($334 per square foot), this 4,474-square-foot property reflects the quiet confidence of a neighborhood where bones matter more than flash.
The shake and stone siding speaks to the home's original construction era, when materials were chosen to age well rather than photograph perfectly. Inside, the layout unfolds with intent: hardwood floors anchor the primary living spaces, while the primary suite occupies the main floor alongside a second full primary suite - a practical feature that transforms the home's utility for multigenerational living or those who need aging-in-place flexibility. The study and home office create real work zones rather than desk-in-the-corner compromises.
The kitchen centers on a built-in gas range and cooktop with a downdraft system, updated but not trendy. An eat-in kitchen and island handle daily rhythms without theatricality. No interior steps mean accessibility throughout the main floor - not because of limitation, but because someone designed this home to work harder than most. The sunroom houses an indoor therapy pool, a feature that separates this property from typical Highland Park West listings and speaks to wellness beyond the surface level.
The backyard - level, sprinkled, and landscaped - stretches across the lot with genuine proportion. A separate two-car garage keeps the aesthetic uncluttered. The patio becomes the real outdoor room here, overlooking what amounts to functional luxury rather than Instagram luxury.
Highland Park West itself anchors the Austin ISD zone serving Highland Park Elementary, Lamar Middle School, and McCallum High School. The neighborhood sits just off West Lake Hills Drive, minutes from downtown and Lake Austin, with the quieter pace that old Austin money has always understood. The 0.4767-acre lot provides space without the upkeep demands of deeper acreage.
This is a house built to be lived in, modified with respect for its original intent, positioned for buyers who recognize that a 1950 foundation and thoughtful proportions outlast most trends. Highland Park West values don't reward novelty - they reward durability and location.
The numbers behind this insight
Highland Park West market
- Homes sold
- 19
- Median sale price
- $1,650,000
- Median price per sq ft
- $476
- Median days on market
- 76
- Homes for sale now
- 3
- Months of supply
- 1.9
Highland Park West has the highest concentration of original mid-century ranch homes still standing in any Austin neighborhood west of MoPac. While other areas have torn down their 1950s houses to build new, Highland Park West has largely preserved its character, and that combination of period homes, big lots, and a live oak canopy with 60 years of growth gives the neighborhood a feel that no new construction can reproduce.
Highland Park West sits between MoPac to the east, Mount Bonnell and Lake Austin to the west, Bull Creek Road to the north, and Balcones Drive to the south. Downtown is about 12 minutes south on MoPac. The 35th Street corridor provides walkable access to Central Market, Tiny Boxwoods, and local shops. Mount Bonnell Road runs along the western edge, giving direct access to one of Austin's most iconic overlooks. The location is genuinely central - equidistant from downtown, the Domain, and the Arboretum.
Mid-Century Ranch homes account for roughly 45% of stock, defining the neighborhood's identity. These are single-story, three- and four-bedroom homes built between 1950 and 1970, typically 1,500 to 2,500 square feet on quarter-acre to half-acre lots. Many retain original rooflines, stone fireplaces, and terrazzo floors. Updated Ranch homes with modernized interiors make up about 25% and represent the sweet spot for buyers wanting character without a full renovation. Modern Hill Country builds account for 15%. Pricing starts around $800,000 for unrenovated originals and reaches $2 million for updated homes on premium greenbelt lots.
Highland Park West is served by Austin ISD. Casis Elementary draws families from across west Austin and consistently ranks among the district's top elementary schools. O. Henry Middle School continues the pipeline, and Austin High School completes it. Austin High's central location and strong college placement make it a draw for families wanting quality public education. Many Casis families walk to school along shaded residential streets, adding to the community feel.
The lifestyle is defined by what it is not. It is not a see-and-be-seen neighborhood. Streets curve with the terrain rather than following a grid, and lots are large enough that houses feel spaced apart. Perry Park and Dellana Park provide green space. Mount Bonnell and Mayfield Park are within five minutes. Bull Creek Greenbelt is accessible from the northern edge. For dining, Chez Zee has served comfort food on Balcones Drive for decades. Tiny Boxwoods brings its garden-setting farm-to-table concept. Postino in Bryker Woods does wine and bruschetta. Eldorado Cafe handles Tex-Mex. Bartlett's offers steaks and an old-school bar. Central Market on North Lamar serves as the de facto town square.
Highland Park West threads the needle between Tarrytown's higher prices and Rosedale's more modest scale. It offers larger lots and more character than Northwest Hills' production builds. It is more affordable than the Eanes ISD neighborhoods across MoPac. And it has a more residential feel than Clarksville, which has absorbed more commercial development. The main consideration is that many original homes need meaningful investment - new roofs, updated electrical, HVAC replacement, and kitchen renovations.
Highland Park West fits buyers who value architectural character and mature landscaping over new construction. It works for families wanting Casis Elementary and Austin High without the Tarrytown premium. It suits people who want proximity to downtown but prefer quiet, curving streets. And it draws buyers who appreciate mid-century design and want a home that feels like Austin rather than a suburb. If you need a brand-new kitchen and a four-car garage, you will pay a renovation premium. But if you want to live under a canopy of live oaks in a neighborhood that has resisted tearing everything down, Highland Park West is one of the few central Austin places where that is still possible.
School District: Austin ISD
View Highland Park West neighborhood guide- Property Type
- Residential
- Year Built
- 1950
- Lot Size
- 0.48 acres
- Price / Sq Ft
- $334
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated May 20, 2026.
Listed by Gottesman Residential R.E.
MLS# 5182977 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Two Primary Suties
- Bar
- Ceiling Fan(s)
- Eat-in Kitchen
- In-Law Floorplan
- Kitchen Island
- No Interior Steps
- Primary Bedroom on Main
- Study
- Home Office
- Built-In Gas Range
- Built-In Oven(s)
- Cooktop
- Dishwasher
- Disposal
- Down Draft
- Refrigerator
- Washer
- Dryer
- No Carpet
- Tile
- Vinyl
- Heating
- Central,Fireplace(s),Humidity Control
- Cooling
- Ceiling Fan(s),Central Air,Zoned
- Fireplaces
- 3
Exterior & Lot
- No Exterior Steps
- Shake Siding
- Wood Siding
- Stone
- Level
- Sprinkler - Automatic
- Back Yard
- Fenced
- Slab
- Patio
- Roof
- Metal
- Lot Size
- 0.48 Acres
- Driveway
- Garage
- Side By Side
- Garage Spaces
- 2
- Pool
- Yes
Financial
- Original List Price
- $1,495,000
- Price per Sq Ft
- $334
Utilities
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 4901 Valley Oak DR, whoever represented it.
- SoldMay 20, 2026Listed at: $1,495,000MLS 5182977
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Active Under Contract with current price, original ask, and market time.
- Current list
- $1,495,000
- Original list
- $1,495,000
- Price movement
- No verified reduction
- Listed / DOM
- Apr 22, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,729,242
- Assessment Year
- 2025
- Year Built
- 1950
- Parcel ID
- 000000124516
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-7.0% | — | $1,729,242 | — | — |
2024+6.2% | — | $1,859,177 | $945,000 | $694,306 |
2023+21.9% | — | $1,749,969 | $840,000 | $1,019,177 |
2022+22.4% | — | $1,435,100 | $840,000 | $909,969 |
2021 | — | $1,172,200 | $420,000 | $1,015,100 |
Zoned Schools
McCallum
Lamar
Highland Park
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($299K)
Adjustable assumption - not a lending recommendation.
Home price
$1,495,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Highland Park West pricing, timing, and property scale. No automated valuation claim.
List price
$1,495,000
Price per sqft
$334/sqft
Vs. Neighborhood guide reference price
-9.4%
$1.7M · Highland Park West neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$1.5M original
Active inventory context
3 listings
Price Position in Highland Park West
Listed 9% below the Highland Park West neighborhood guide reference price. Highland Park West neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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