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3 bed, 2 bath, 2,581 sqft on 0.27 acres in Northwest Hills. Austin, TX 78731. $1,050,000. Austin ISD.
Discover this beautifully updated ranch-style home in the coveted North Cat Mountain neighborhood! This thoughtfully designed floor plan offers effortless flow and comfortable living throughout, featuring a spacious living room with a cozy gas fireplace that opens beautifully to a gorgeous covered patio perfect for seamless indoor-outdoor entertaining. The remodeled gourmet kitchen includes a large pantry and additional seating space ideal for casual dining and gatherings, and flows into a formal dining room with custom built-ins. The primary suite offers a relaxing retreat feel and a generous walk-in closet. Owner improvements include terraced front-yard landscaping, new sliding doors that enhance natural light and flow, and a remodeled covered back patio overlooking a private yard with mature trees ideal for enjoying peaceful outdoor living. The roof was replaced in 2025 for added peace of mind. This special pocket of North Cat Mountain offers the perfect blend of nature and city living, just minutes from Bull Creek and only 15 minutes to Downtown. Zoned to highly rated Doss, Murchison, and Anderson schools and close to Magellan. Pride of ownership shines throughout this lovingly maintained and updated home is truly a gem. A must see! *Garage refrigerator does not convey*
At $445 per square foot, 5500 Cedro Trl makes a clear value case in Northwest Hills with 2,581 square feet on a 0.2744-acre lot in Austin 78731. The property is a 1984 single-family residence with three bedrooms, two full baths, one half bath, a two-car garage, and an Austin ISD school path that includes Doss, Murchison, and Anderson. For buyers tracking this part of Travis County, that mix of size, lot depth, and school assignment is the kind of foundation that carries real weight. After 18 days on market at $1.15M, the home presents as a measured option for someone who wants usable square footage and established neighborhood footing rather than a smaller footprint at a similar entry point.
The house itself reads as a ranch-style plan shaped around function. The main living area centers on a fireplace and opens directly to a covered patio, which gives the interior a stronger connection to the yard and makes the common spaces work well for day-to-day living and for hosting. The kitchen has been remodeled and is supported by a large pantry and extra seating area, while the formal dining room adds built-ins that give it more utility than a room used only on occasion. The primary suite is positioned as a true retreat, with a walk-in closet that supports longer-term ownership instead of short-stay convenience.
The owner improvements matter because they are specific and useful. Terraced front-yard landscaping improves the approach, new sliding doors increase light and circulation, and the covered back patio has been remodeled to make the outdoor space more functional. A private yard with mature trees adds another layer of separation that buyers in central Austin still pay attention to. The roof replacement in 2025 is also a meaningful update because it addresses a major ownership item directly rather than leaving it as deferred work.
Location is part of the equation here as well. The home is in a North Cat Mountain pocket with access to Bull Creek and an approximately 15-minute drive to Downtown, which supports both daily convenience and broader location leverage. Taken together, this is the kind of 78731 property that works for buyers who want established Austin ISD schools, real lot size, and a house with enough substance to justify long-term ownership.
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.
School District: Austin ISD
View Northwest Hills neighborhood guideVerified property facts
5500 Cedro Trl is listed at $1,050,000 with 3 bedrooms, 2 full, 1 half bathrooms, 2,581 square feet, 0.27-acre lot.
5500 Cedro Trl is zoned for Austin ISD with assigned schools: Doss (Austin ISD) (elementary), Murchison (7/10) (middle), Anderson (7/10) (high). School assignments should be verified directly with the district.
5500 Cedro Trl is a Residential built in 1984 featuring 3 bedrooms, 2 full, 1 half bathrooms, 2,581 square feet, 0.27-acre lot.
5500 Cedro Trl is priced at $407 per square foot across 2,581 sqft. The Northwest Hills neighborhood guide reference price is $1,185,050 (Northwest Hills neighborhood guide · reference price).
The most recent annual property tax for 5500 Cedro Trl is $20,267. 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.
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Listing information last updated May 12, 2026.
Listed by Compass RE Texas, LLC
MLS# 6824049 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
1 record on file
Every recorded listing, sale, and lease at 5500 Cedro TRL, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Active Under Contract 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 |
|---|---|---|---|---|
2025-8.2% | — | $998,862 | — | — |
2024-7.9% | — | $1,087,654 | $600,000 | $300,290 |
2023+39.7% | — | $1,180,865 | $600,000 | $487,654 |
2022+23.7% | — | $845,200 | $600,000 | $580,865 |
2021 | — | $683,436 | $400,000 | $445,200 |

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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($210K)
Adjustable assumption - not a lending recommendation.
$1,050,000
Luxury property intelligence
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,050,000
Price per sqft
$407/sqft
Vs. Neighborhood guide reference price
-11.4%
$1.2M · Northwest Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$145K reduction
$1.2M original
Active inventory context
20 listings
Price Position in Northwest Hills
Listed 11% 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 Jun 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 5500 Cedro Trl. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 5, 2026, 5500 Cedro Trl is offered at $1,050,000. The current MLS snapshot shows 59 active listings in 78731. Keenan Group has completed 91 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.
5500 Cedro Trl was built in 1984 (42 years ago). Buyers should budget for potential updates to major systems.
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)
10 events on record
Current Price
$1,050,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-8.2% | — | $998,862 | — | — |
2024-7.9% | — | $1,087,654 | $600,000 | $300,290 |
2023+39.7% | — | $1,180,865 | $600,000 | $487,654 |
2022+23.7% | — | $845,200 | $600,000 | $580,865 |
2021 | — | $683,436 | $400,000 | $445,200 |
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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