3 bed, 1 bath, 1,550 sqft on 0.23 acres in Highland Village. Austin, TX 78731. $489,000. Austin ISD.
About This Home
Very large, level lot featuring mature trees and established landscaping, offering 9,215 square feet per survey (.233 acres). Also see ML #3669347. The existing single-story 1950s home includes 3 bedrooms, 1.5 baths, a spacious 24' x 15' bonus room (per Seller), and a detached workshop/outbuilding connected to the home by a covered breezeway. Additional highlights include utility space in the half bath, laminate flooring and countertops, built-in storage, and a generous deck with a private courtyard-style setting between the structures. Located in the highly desirable Highland Park neighborhood — an area experiencing exciting revitalization — this property offers exceptional value and a prime central Austin location near downtown, shopping, hospitals, major employers, The Domain, and The Arboretum. The level lot presents outstanding potential for a major renovation or new construction, with the possibility for multiple residential units. Property is being sold “AS IS.” Whether for redevelopment, investment, or restoration, this property offers remarkable opportunity in one of Austin’s most convenient locations. Buyers are encouraged to conduct their own due diligence.
- Property Type
- Residential
- Year Built
- 1953
- Lot Size
- 0.23 acres
- Price / Sq Ft
- $315
Listing information last updated October 5, 2026.
Listed by J. Erwin Lewis, Broker
MLS# 9650572 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bookcases
- Laminate Counters
- No Interior Steps
- Primary Bedroom on Main
- Storage
- Water Heater
- Vinyl
- Heating
- Central
- Cooling
- Wall/Window Unit(s)
Exterior & Lot
- Brick
- Frame
- Level
- Public Maintained Road
- Trees-Large (Over 40 Ft)
- Wood
- Slab
- Deck
- Roof
- Composition
- Lot Size
- 0.23 Acres
- Outside
Financial
- Original List Price
- $525,000
- Price per Sq Ft
- $315
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
4 records on file
Every recorded listing, sale, and lease at 4906 Westfield DR, whoever represented it.
- ActiveListed 2026Current price: $489,000Original list: $525,000MLS 9650572
- Listed · May 23, 2026$525,000
- Price changed · September 27, 2026$489,000
- ActiveListed 2026Current price: $489,000Original list: $525,000MLS 3669347
- Listed · May 23, 2026$525,000
- Price changed · September 27, 2026$489,000
- ExpiredListed 2024Current price: $595,000Original list: $749,000MLS 7506351
- ExpiredListed 2024Current price: $595,000Original list: $749,000MLS 1086296
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
Listed with current price, original ask, and market time.
- Current list
- $489,000
- Original list
- $525,000
- Price movement
- $36K reduction
- Listed / DOM
- May 23, 2026 · 161 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $563,653
- Assessment Year
- 2025
- Year Built
- 1953
- Parcel ID
- 000000124192
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-7.3% | — | $563,653 | — | — |
2024-10.1% | — | $607,738 | $330,000 | $296,001 |
2023+47.6% | — | $675,852 | $330,000 | $277,738 |
2022 | — | $458,014 | $330,000 | $345,852 |
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% ($98K)
Adjustable assumption - not a lending recommendation.
Home price
$489,000
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
$489,000
Price per sqft
$315/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
161 days
Original to current
$36K reduction
$525K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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