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Verified property facts
4901 W Park Dr 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.
4901 W Park Dr is in Rosedale, Austin, Texas. See the full [Rosedale neighborhood guide](/neighborhoods/rosedale-austin) for market data, schools, and lifestyle details.
4901 W Park 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.
The most recent annual property tax for 4901 W Park Dr is $12,048. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Prime Real Estate Opportunity: Build Your Dream in the Heart of Austin at 4901 West Park Drive, TX 78731 Discover the Ultimate Canvas for Your Vision. A Super Central Lot in Highland Village. Imagine owning a slice of Austin’s iconic, tree-lined charm where history meets endless potential. Welcome to 4901 West Park Drive,in the highly sought-after Highland Village. Nestled in Austin’s vibrant ZIP code 78731, this parcel is zoned for residential development offering the perfect blank slate for your custom single-family home. Claim your spot in one of Austin’s most walkable, connected enclaves. Historical Charm Meets Modern Potential: Built in the 1950s era of mid-century gems, the neighborhood blends vintage oak floors and crown molding with today’s smart-home upgrades. Clear the site or renovate – the choice is yours. Unbeatable Super Central Location: Where Convenience Meets Austin Cool  Forget long commutes – this lot puts you at the epicenter of Austin’s best. You’re minutes from everywhere in a city that’s exploding with energy: Downtown & UT Austin: Just 10-15 minutes away via easy Mopac access, perfect for Longhorn fans or urban explorers. The Domain & Arboretum: 5-10 minutes north for high-end shopping, dining, and tech hubs. Walkable Lifestyle: Stroll or bike to Burnet Road’s hotspots – gourmet eats at Pint House Pizza, Suzi’s Chinese, or Hop daddy Burger Bar. The Grove mixed-use haven (restaurants, boutiques, yoga studios) is a quick jaunt away. Nature’s Playground: Highland Park is your backyard gateway for trails, picnics, and kid-friendly play. Dive into Barton Springs or hike the Greenbelt in under 15 minutes. Plus, the Colorado River and Lady Bird Lake are a short drive for kayaking or sunset vibes.
Property Type
Land
Lot Size
0.16 acres
Listed by Select Austin Real Estate
Property Details
Lot Features
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% ($130K)
$650,000
Luxury property intelligence
A sourced read on Rosedale pricing, timing, and property scale. No automated valuation claim.
List price
$650,000
Price per sqft
Not available
Vs. Rosedale median
-43.5%
$1.2M median
Days on market
173 days
Original to current
$75K reduction
$725K original
Active inventory context
2 listings
Price Position in Rosedale
Listed 43% below the Rosedale median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 7, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($130,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 4901 W Park Dr is around $4,377 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $650,000, 4901 W Park Dr is in the Rosedale market where there are currently 60 active listings in 78731. The Keenan Group has completed 104 transactions in 78731 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Rosedale guide](/neighborhoods/rosedale-austin).
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Rosedale is one of Austin's established neighborhoods, zoned for Austin ISD in the 78731 area. The Keenan Group has specialized in Rosedale 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)
Neighborhood guide and local insights
Rosedale has the distinction of being the Austin neighborhood where a 900-square-foot bungalow from 1938 can trade for over a million dollars, and nobody thinks that is unusual. That pricing reflects something hard to quantify: location, lot size, tree canopy, and a walkable daily life that most neighborhoods can only approximate. The lots are big enough to feel suburban, but you are five minutes from downtown. Rosedale is bounded roughly by 45th Street to the north, 38th Street to the south, Shoal Creek to the east, and Burnet Road to the west, in the 78756 zip code. Downtown is about five minutes south on Lamar or Guadalupe. UT campus is the same distance southeast. The Domain is 10 minutes north on Burnet. Most residents orient their lives along the Lamar and Burnet corridors. Brentwood and Crestview sit to the north, Bryker Woods to the south. Housing spans nearly a century. Depression-era bungalows from the 1930s and 1940s account for roughly 30 percent, small in square footage but on lots exceeding 7,000 square feet. Mid-Century ranch homes make up about 25 percent. Contemporary new construction represents about 20 percent, and Craftsman homes about 15 percent. Pricing starts around $800,000 for smaller unrenovated bungalows and climbs to $2.5 million for new construction on oversized lots. The middle market for a renovated three-bedroom runs $1.1 million to $1.6 million. Tear-down activity has been steady as builders recognize the gap between land value and remaining structure life. Austin ISD serves Rosedale, with Rosedale Elementary as the neighborhood campus. Students feed into Lamar Middle and McCallum High. McCallum's fine arts academy draws students from across the district and gives the school a creative reputation. Austin ISD operates under the state's recapture system, which redirects local property tax revenue. This affects per-student funding differently than in standalone districts like Eanes, but the neighborhood schools maintain engaged communities. Ramsey Park sits at the heart of the neighborhood with a playground, basketball courts, pool, and open fields for pickup soccer. Shoal Creek Trail runs along the eastern boundary. The Burnet Road food scene has evolved into one of Austin's most interesting dining corridors. Uchiko serves innovative Japanese cuisine. Barley Swine focuses on seasonal tasting menus. Epicerie brings French-bistro sensibilities. Pinthouse Pizza pours craft beer alongside wood-fired pies. Little Deli, a longtime institution, serves New York-style pizza from a tiny counter that never has an empty parking lot. Tacodeli handles the breakfast taco rotation that anchors most Rosedale mornings. To the south, Tarrytown and Old Enfield offer similar walkability at higher price points. To the north, Brentwood and Crestview provide comparable lots at lower prices with more distance from downtown. East across Lamar, Hyde Park has its own charm but smaller lots. Rosedale threads these comparisons well. The lots are bigger than most close-in neighborhoods, the canopy is mature, and Burnet Road dining is immediate. Rosedale works for buyers who want central Austin convenience with a neighborhood that has had time to grow into itself. If you want a big lot with old trees, a five-minute drive downtown, and a dozen walkable restaurants on Burnet, this is where those things overlap. Families at Rosedale Elementary, couples who spend weekends at Ramsey Park, and anyone who measures value by daily walkability rather than a gate or golf course will find Rosedale an honest match for how they actually live.
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