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$598,000
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3 bed, 2 bath, 1,795 sqft on 0.36 acres in Austin. Austin, TX 78731. $598,000. Austin ISD.
Discover rare space, privacy, and value in this beautifully updated 3-bed, 2.5-bath condo overlooking the Bright Leaf Preserve in highly desirable Northwest Hills. With 1,795 sq. ft., this move-in-ready home lives like a single-family residence and offers one of the best price-per-square-foot opportunities in central Austin.
Enjoy fresh 2025 updates including a new roof, new flooring, new interior paint, and an upgraded primary suite with a large tiled shower and rain head. The kitchen and all bathrooms feature granite countertops, and every bedroom includes a walk-in closet—a rare find in this area. Extra perks include an oversized laundry room, additional storage on both levels, security system wiring, and security film on all ground-floor and balcony windows.
The attached two-car garage with keypad entry provides ample workspace and storage, an uncommon convenience for condos in 78731. HOA fees include water, sewer, and trash, plus access to a sparkling community pool.
This central location puts you 15 minutes from Downtown Austin, The Domain, UT, medical centers, and major employers, while still offering the peaceful, tree-filled charm Northwest Hills is known for. The community is friendly, walkable, and hosts neighborhood BBQs and gatherings.
With thoughtful upgrades, modern conveniences, abundant storage, and unbeatable access to everything Austin offers, this condo delivers standout value in one of the city’s most sought-after neighborhoods.
Listing information last updated July 15, 2026.
Listed by Via Realty Group LLC
MLS# 7177778 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Verified property facts
5512 Oakwood Cv Unit #161 is listed at $598,000 with 3 bedrooms, 2 full, 1 half bathrooms, 1,795 square feet, 0.36-acre lot.
5512 Oakwood Cv Unit #161 is zoned for Austin ISD with assigned schools: Highland Park (10/10) (elementary), Lamar (Austin ISD) (middle), McCallum (8/10) (high). School assignments should be verified directly with the district.
5512 Oakwood Cv Unit #161 is a Residential built in 1985 featuring 3 bedrooms, 2 full, 1 half bathrooms, 1,795 square feet, 0.36-acre lot.
The most recent annual property tax for 5512 Oakwood Cv Unit #161 is $11,355. 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.
#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.
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3 records on file
Every recorded listing, sale, and lease at 5512 Oakwood CV Unit #161, 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 |
|---|---|---|---|---|
2025-9.3% | — | $556,829 | — | — |
2024+9.5% | — | $613,788 | $76,797 | $538,557 |
2023+34.6% | — | $560,471 | $76,797 | $536,991 |
2022+12.2% | — | $416,358 | $76,797 | $483,674 |
2021 | — | $371,052 | $76,798 | $339,560 |

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% ($120K)
Adjustable assumption - not a lending recommendation.
$598,000
Luxury property intelligence
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$598,000
Price per sqft
$333/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$17K reduction
$615K original
Active inventory context
Ask for current inventory
Source: Public records and Keenan Group review as of Jul 24, 2026.
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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
This page does not assume a mortgage rate or publish a monthly payment for 5512 Oakwood Cv Unit #161. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jul 24, 2026, 5512 Oakwood Cv Unit #161 is offered at $598,000. 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.
5512 Oakwood Cv Unit #161 was built in 1985 (41 years ago). Buyers should budget for potential updates to major systems.
The MLS listing reports HOA or association dues of $500 monthly for 5512 Oakwood Cv Unit #161. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
5 events on record
Current Price
$598,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-9.3% | — | $556,829 | — | — |
2024+9.5% | — | $613,788 | $76,797 | $538,557 |
2023+34.6% | — | $560,471 | $76,797 | $536,991 |
2022+12.2% | — | $416,358 | $76,797 | $483,674 |
2021 | — | $371,052 | $76,798 | $339,560 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 4101 Far West BLVD | $875K |
| 6910 Hart LN Unit #706 | $315K |
| 7911 Cavalry CT | $575K |
| 5905 Balsam HOLW | $850K |
| 7811 Ridgeline DR | $575K |
| 7915 Mesa Trails CIR | $875K |
| 6604 East Hill DR | $500K |
| 4027 Tealwood | $625K |
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