#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024This property has sold on April 2, 2024. Looking for something similar? Contact us or browse available homes.
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Great private cul de sac off Valburn - steep bldg site but nice hill country views
Property Type
Land
Lot Size
0.58 acres
Listed by Moreland Properties
Property Details
Lot Features
Verified property facts
5002 Arax CV is zoned for Austin ISD with assigned schools: Doss (Austin ISD) (elementary), Murchison (middle), Anderson (high). School assignments should be verified directly with the district.
5002 Arax CV is listed by Moreland Properties. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Apr 25, 2026.
The most recent annual property tax for 5002 Arax CV is $3,257. 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.
This page does not assume a mortgage rate or publish a monthly payment for 5002 Arax CV. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 5002 Arax CV, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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+49.2% | — | $179,092 | $179,092 | — |
2021 | — | $120,000 | $120,000 | — |
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% ($80K)
Adjustable assumption - not a lending recommendation.
$400,000
Luxury property intelligence
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
$400,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
-66.2%
$1.2M · Northwest Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$400K original
Active inventory context
20 listings
Price Position in Northwest Hills
Listed 66% below the Northwest Hills neighborhood guide reference price. Northwest Hills neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Northwest Hills
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Active 78731 listings and Northwest Hills market context
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#1 ABOR Team 2024 with $1B+ career sales volume
As of Apr 25, 2026, 5002 Arax CV is offered at $400,000. The current MLS snapshot shows 57 active listings in 78731. Keenan Group has completed 84 verified transactions in 78731 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Northwest Hills guide for current neighborhood analysis.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Northwest Hills is one of Austin's established neighborhoods, zoned for Austin ISD in the 78731 area. The Keenan Group has specialized in Northwest Hills 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)
5 events on record
Current Price
$400,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
| — |
| $179,092 |
| $179,092 |
| — |
2021 | — | $120,000 | $120,000 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Neighborhood guide and local insights
Northwest Hills is a family neighborhood in 78731, built in the 1960s-80s on wooded half-acre lots between MoPac and Loop 360. Median home price $1.19M. Austin ISD schools — Doss Elementary and Murchison Middle rank among the district's best. 12 minutes to UT campus, 15 to downtown. The housing stock is predominantly single-story ranch and split-level homes on lots averaging 0.3-0.5 acres with mature live oak and cedar canopy. Most original homes are 1,800-3,000 sq ft. A renovation wave has been updating kitchens and adding square footage without tearing down — the lot sizes accommodate additions well. Active listings typically number 15-25 at any given time. Daily life revolves around the schools and the outdoors. Bull Creek for weekend wading, Mount Bonnell for sunset hikes (8 minutes from the neighborhood), Northwest District Park for soccer and the playground. Far West corridor handles weeknight dining — Saffron, 5280 Burger, Yamas. The Arboretum and Domain are 10 minutes north for shopping. HEB on Far West is the neighborhood grocery hub. What makes Northwest Hills the family value play in Central Austin: Doss/Murchison school quality at roughly half the Eanes ISD price point, lot sizes that rival Westlake, and a 15-minute commute that beats the suburbs. The tradeoff is Austin ISD (good but not Eanes) and 1960s-80s housing stock that often needs updating.
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