3 bed, 2 bath, 1,729 sqft on 0.32 acres in Austin. Austin, TX 78731. $425,000. Austin ISD.
About This Home
An exceptional opportunity to own in the sought-after Northwest Hills area, this 3-bedroom, 2.5-bath condo is nestled within the quaint Oakwood Hollow community and offers beautiful Hill Country views from the front balcony. With its established setting, spacious layout, and desirable location, this home provides a wonderful canvas for someone ready to bring their vision to life. The home is ready for a personal touch, offering the opportunity to update and customize the space to your own style and preferences. An updated kitchen provides a great starting point, while a newer roof, HVAC system replaced four years ago, and brand-new water heater offer peace of mind where it matters most. The home has been thoughtfully priced to reflect the opportunity it presents. Beyond the home itself, Oakwood Hollow offers an easy, low-maintenance lifestyle with an HOA that takes care of the grounds and pool and covers water and trash. Located in Northwest Hills, you're surrounded by the charm of an established neighborhood while remaining close to the restaurants, shopping, parks, and conveniences that make Northwest Austin so desirable. Whether you're looking for a place to make your own or an opportunity to invest in a sought-after area, this is one worth seeing.
- Property Type
- Residential
- Year Built
- 1985
- Lot Size
- 0.32 acres
- Price / Sq Ft
- $246
- HOA
- $500/mo
- Garage
- 2 spaces
Listing information last updated September 25, 2026.
Listed by Bramlett Partners
MLS# 6066499 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Bar
- Ceiling Fan(s)
- Central Vacuum
- Double Vanity
- Primary Bedroom on Main
- Soaking Tub
- Storage
- Walk-In Closet(s)
- Dishwasher
- Electric Range
- Ice Maker
- Microwave
- Oven
- Carpet
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Balcony
- Exterior Steps
- Rain Gutters
- Hardi
- Plank Type
- Stone Veneer
- Interior Lot
- Irregular Lot
- Landscaped
- Sloped Down
- Many Trees
- Slab
- Deck
- Rear Porch
- Roof
- Composition
- Lot Size
- 0.32 Acres
- Attached
- Garage
- Garage Spaces
- 2
Financial
- HOA Fee
- $500 / mo
- Original List Price
- $450,000
- Price per Sq Ft
- $246
Utilities
- Cable Available
- Electricity Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 5512 Oakwood CV Unit #162, whoever represented it.
- ActiveListed 2026Current price: $425,000Original list: $450,000MLS 6066499
- Listed · August 28, 2026$450,000
- Price changed · September 25, 2026$425,000
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
Price Change with current price, original ask, and market time.
- Current list
- $425,000
- Original list
- $450,000
- Price movement
- $25K reduction
- Listed / DOM
- Aug 28, 2026 · 64 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $556,829
- Assessment Year
- 2025
- Year Built
- 1985
- Parcel ID
- 000000128177
| 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 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 and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-16T16:07:37.174+00:00; normalized from monthly dues.
Illustrative down payment
20% ($85K)
Adjustable assumption - not a lending recommendation.
Home price
$425,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$425,000
Price per sqft
$246/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
64 days
Original to current
$25K reduction
$450K 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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