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$450,000
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3 bed, 3 bath, 2,321 sqft on 0.32 acres in Oakwood Hollow Condo Amd. Austin, TX 78731. $450,000. Austin ISD.
Welcome to 5603 Oakwood Cove, Unit 231, a hidden gem perfectly situated near downtown Austin and the Domain in a vibrant condo community. This condo offers a remarkable opportunity for visionary buyers eager to transform its generous and adaptable layout into a modern oasis. With its solid foundation, the unit is poised for updates that can truly personalize the space, making it a unique reflection of your style and taste.
Boasting two spacious primary bedrooms, three full baths, and expansive living areas, this condo is designed for both comfort and potential. The living spaces open up to decks that provide stunning views, allowing for seamless indoor-outdoor living and an ideal setting for entertaining or relaxing. Imagine crafting a stylish retreat with these features, tailored precisely to your desires.
The condo also offers practical benefits, including a community pool for your enjoyment, low HOA fees, and a remarkably low tax rate of just 1.82%, ensuring that the financial upkeep remains manageable. It's priced to sell, presenting a rare opportunity to acquire a property ready for your personal touch and creativity.
Loved by its previous owner for almost thirty years, this home embodies warmth and potential. Whether you're looking to create a dream home or seize a lucrative investment opportunity, this unit holds endless possibilities. Schedule a tour today and start envisioning the transformation of 5603 Oakwood Cove, Unit 231, into your ideal living space—a perfect blend of location, potential, and affordability.
Verified property facts
5603 Oakwood CV Unit #231 is listed at $450,000 with 3 bedrooms, 3 full, 1 half bathrooms, 2,321 square feet, 0.32-acre lot.
5603 Oakwood CV Unit #231 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.
5603 Oakwood CV Unit #231 is a Residential built in 1985 featuring 3 bedrooms, 3 full, 1 half bathrooms, 2,321 square feet, 0.32-acre lot.
5603 Oakwood CV Unit #231 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 Apr 25, 2026.
The most recent annual property tax for 5603 Oakwood CV Unit #231 is $12,499. 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. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
2 records on file
Every recorded listing, sale, and lease at 5603 Oakwood CV Unit #231, 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 |
|---|---|---|---|---|
2025-6.9% | — | $668,451 | — | — |
2024+9.7% | — | $717,957 | $76,797 | $663,871 |
2023+35.6% | — | $654,304 | $76,797 | $641,160 |
2022+12.0% | — | $482,393 | $76,797 | $577,507 |
2021 | — | $430,777 | $76,798 | $405,595 |
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% ($90K)
Adjustable assumption - not a lending recommendation.
$450,000
Luxury property intelligence
A sourced read on Oakwood Hollow Condo Amd pricing, timing, and property scale. No automated valuation claim.
List price
$450,000
Price per sqft
$194/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
$45K reduction
$495K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Active 78731 listings and Northwest Hills market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 5603 Oakwood CV Unit #231. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Apr 25, 2026, 5603 Oakwood CV Unit #231 is offered at $450,000. The current MLS snapshot shows 61 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.
5603 Oakwood CV Unit #231 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 5603 Oakwood CV Unit #231. 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.
Car-Dependent
Some Transit
Somewhat 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.
9 events on record
Current Price
$450,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-6.9% | — | $668,451 | — | — |
2024+9.7% | — | $717,957 | $76,797 | $663,871 |
2023+35.6% | — | $654,304 | $76,797 | $641,160 |
2022+12.0% | — | $482,393 | $76,797 | $577,507 |
2021 | — | $430,777 | $76,798 | $405,595 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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