— bed, — bath on 0.16 acres in Highland Village. Austin, TX 78731. $595,000. Austin ISD.
About This Home
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
Listing information last updated October 26, 2026.
Listed by Select Austin Real Estate
MLS# 1803718 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Back Yard
- City Lot
- Front Yard
- Lot Size
- 0.16 Acres
Financial
- Original List Price
- $725,000
Utilities
- Electricity Available
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 4901 W Park DR, whoever represented it.
- ActiveListed 2025Current price: $595,000Original list: $725,000MLS 1803718
- Price changed · March 13, 2026$675,000
- Price changed · April 27, 2026$650,000
- Price changed · July 7, 2026$635,000
- Price changed · October 26, 2026$595,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $595,000
- Original list
- $725,000
- Price movement
- $130K reduction
- Listed / DOM
- Nov 21, 2025 · 344 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $607,906
- Assessment Year
- 2025
- Year Built
- 1950
- Parcel ID
- 000000124388
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+1.3% | — | $607,906 | — | — |
2024+6.4% | — | $599,914 | $522,500 | $68,343 |
2023+41.3% | — | $563,684 | $522,500 | $77,414 |
2022 | — | $398,900 | $522,500 | $41,184 |
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% ($119K)
Adjustable assumption - not a lending recommendation.
Home price
$595,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Highland Village pricing, timing, and property scale. No automated valuation claim.
List price
$595,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
344 days
Original to current
$130K reduction
$725K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 26, 2026.
Request Private Market AnalysisConnect 4901 W Park Dr to the Austin Market
78731 ZIP Guide
ZIP-level neighborhoods, schools, lifestyle, and Austin market context
Browse 78731 Homes for Sale
Active 78731 listings and Northwest Hills market context
Austin ISD Schools
District guide, nearby schools, and homes by attendance area
Austin Home Valuation
Private Austin CMA, TCAD context, and pricing strategy
Seller Resources
Pricing, prep, launch timing, and Compass marketing strategy
Keenan Group Results
#1 ABOR Team 2024 with $1B+ career sales volume
