
4 bed, 2 bath, 2,590 sqft on 0.17 acres in Highland Village Sec 02 Pt 03. Austin, TX 78731. $1,350,000. Austin ISD.
This Highland Village residence by David Weekley offers something that can be hard to find in Central Austin: newer construction, generous living space and a functional floor plan surrounded by the character of an established neighborhood—without the price tag often attached to brand-new construction nearby.
Inside, 10-foot ceilings and rich wood floors set the tone throughout the first floor. A dedicated office at the front of the home, enclosed by glass French doors, creates a defined workspace away from the primary living areas. The kitchen opens naturally to the dining and living spaces and features granite countertops, stainless appliances and a substantial center island. From the kitchen, sightlines extend through the screened patio and into the backyard, creating an easy connection between indoor and outdoor living.
The primary suite is tucked downstairs, providing a welcomed separation from the secondary guest bedrooms above. Its spacious bath includes a frameless walk-in shower and soaking tub.
Upstairs, three additional bedrooms surround a flexible second living area that works equally well as a kids' retreat, media room or casual hangout. Fresh carpet complements a floor plan that gives everyone a little room to spread out.
Outside, the screened patio becomes an extension of the home and overlooks a private backyard and wood playscape. Recent improvements include full-home gutters, garage storage shelving and professional epoxy flooring in the garage.
Highland Village puts you close to many of the things that make Central Austin living so convenient, with easy access to Burnet Road, Mopac and The Grove at Shoal Creek for dining, retail, green space and everyday amenities.
Newer construction, a downstairs primary, dedicated office, multiple living spaces and a backyard designed to actually be used make this a combination that isn't easy to replicate in Central Austin.
Verified property facts
5007 Placid PL is listed at $1,350,000 with 4 bedrooms, 2 full, 1 half bathrooms, 2,590 square feet, 0.17-acre lot. This places it above the ZIP 78731 single-family closed-sale median price of $1,209,000 (ZIP 78731 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 24, 2026).
5007 Placid PL is zoned for Austin ISD with assigned schools: Highland Park (elementary), Lamar (Austin ISD) (middle), McCallum (high). School assignments should be verified directly with the district.
5007 Placid PL is a Residential built in 2012 featuring 4 bedrooms, 2 full, 1 half bathrooms, 2,590 square feet, 0.17-acre lot.
5007 Placid PL is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
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1 record on file
Every recorded listing, sale, and lease at 5007 Placid PL, 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+28.4% | — | $1,285,857 | — | — |
2024-26.8% | — | $1,001,279 | $522,500 | $851,790 |
2023+34.3% | — | $1,367,406 | $522,500 | $478,779 |
2022 | — | $1,017,900 | $522,500 | $844,906 |

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% ($270K)
Adjustable assumption - not a lending recommendation.
$1,350,000
Luxury property intelligence
A sourced read on Highland Village Sec 02 Pt 03 pricing, timing, and property scale. No automated valuation claim.
List price
$1,350,000
Price per sqft
$521/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
1 day
Original to current
No verified reduction
$1.4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 5007 Placid PL is $21,020. 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 5007 Placid PL. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 25, 2026, 5007 Placid PL is offered at $1,350,000. The current MLS snapshot shows 60 active listings in 78731. Keenan Group has completed 89 verified transactions in 78731 within its 1,000+ completed transactions and $1B+ career volume across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
Some Transit
Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
6 events on record
Current Price
$1,350,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+28.4% | — | $1,285,857 | — | — |
2024-26.8% | — | $1,001,279 | $522,500 | $851,790 |
2023+34.3% | — | $1,367,406 | $522,500 | $478,779 |
2022 | — | $1,017,900 | $522,500 | $844,906 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
|---|---|
| 4101 Far West BLVD | $810K |
| 4011 Greystone Dr | $1.18M |
| 3924 Arbor Glen Way | $1.22M |
| 6905 Ladera Norte | $1.76M |
| 4607 Balcones DR | $1.43M |
| 4403 Canyonside TRL | $1.23M |
| 7963 Mesa Trails Cir | $875K |
| 5905 Balsam HOLW | $893K |
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