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4 bed, 3 bath, 3,276 sqft on 0.53 acres in Cat Mountain. Austin, TX 78731. Last listed at $1,150,000, sold June 11, 2026. Austin ISD.
About This Home
Tucked away on a quiet cul-de-sac in the highly sought-after Northwest Hills Lakeview enclave, this expansive Austin residence offers the rare combination of privacy, scale, and timeless Hill Country charm, without the hassle of an HOA. Situated on over half an acre, the property provides a serene, tree-filled setting just minutes from downtown, Lake Austin, and top-rated schools.
Inside, the home spans approximately 3,276 square feet with a flexible, livable layout designed for both everyday comfort and entertaining. Multiple living and dining areas create natural flow, while large windows invite in abundant natural light and showcase the surrounding greenery. A fireplace anchors the main living space, adding warmth and character. The generously sized lot offers endless potential—whether you envision a resort-style pool, outdoor kitchen, or simply enjoying the existing peaceful backyard retreat. Mature trees provide shade and privacy, creating a true escape from the city without sacrificing convenience.
Located within close proximity to Highland Park Elementary, Lamar Middle, and McCallum High School, this home also benefits from strong neighborhood appeal and long-term value A rare opportunity to own a substantial property in one of Austin’s most established and desirable neighborhoods—ready for its next chapter.
The moment you turn onto Down Valley Court in Northwest Hills Lakeview, you understand why this quiet cul-de-sac commands serious attention in Austin's most established residential neighborhoods. This 3,276 square foot residence sits on half an acre of mature, tree-canopied land at 5902 Down Valley Court, delivered move-in ready at $382 per square foot and priced at $1.25 million.
The home's floor plan operates on scale and flexibility. Open living spaces flow naturally across wood and carpet flooring, anchored by a fireplace that commands the main gathering area. Built-in bookcases and crown molding throughout frame the architectural bones, while an open kitchen island becomes the natural hub for both daily living and formal entertaining. A sauna offers a private wellness retreat few Austin homes at this price point include. Smart thermostat controls, wired-for-sound integration, and two primary closets signal that every detail has been considered for contemporary living.
The kitchen itself demands attention. Electric cooktop, convection oven, and full appliance suite sit adjacent to pantry storage and a disposal system built for serious cooking. Large windows frame views of the private yard, where mature trees exceeding 40 feet tall create natural privacy screens and establish the property's sense of established permanence.
This lot's real opportunity lies in its configuration. Half an acre without HOA restrictions means the landscaped grounds accommodate genuine expansion potential. Covered deck and exterior steps establish the connection to outdoor living, but the blank canvas remains: resort-style pool, additional structures, or preservation of the current peaceful retreat. The choice belongs entirely to the owner.
Location delivers real convenience. Highland Park Elementary, Lamar Middle School, and McCallum High School comprise the Austin ISD pipeline serving this neighborhood. Downtown Austin sits minutes away via Highland Drive. Lake Austin's recreational corridor and the emerging tech corridor jobs at Dell, Apple, and Tesla headquarters all maintain short commute windows from this address.
Northwest Hills Lakeview remains one of Austin's oldest, most stable residential enclaves. Built in 1991, this property carries 33 years of neighborhood appreciation behind it, with long-term value already embedded in the location itself. Zero days on market signals this home's market position clearly. The next chapter of ownership in this neighborhood follows a proven trajectory.
The numbers behind this insight
Cat Mountain market
- Homes sold
- 33
- Median sale price
- $1,150,000
- Median price per sq ft
- $371
- Median days on market
- 57
- Homes for sale now
- 5
- Months of supply
- 1.8
Cat Mountain takes its name from an actual geological feature - a ridgeline along the eastern edge that early settlers thought resembled a crouching cat. Whether you see the cat or not, what you will see from nearly every lot are unobstructed Hill Country views stretching west toward Lake Travis, and those views are the reason people pay what they pay to live here.
Cat Mountain occupies a prime stretch of northwest Austin between Loop 360 to the east, FM 2222 to the north, and the western reaches of the 78731 zip code. Downtown is about 15 minutes via 360 to MoPac, and the Arboretum sits less than 10 minutes north. The 360/2222 intersection anchors daily errands. Lake Austin is accessible from nearby boat ramps, and the western edge backs up to the Balcones Canyonlands Preserve, which means your backyard neighbor might be a golden-cheeked warbler rather than another family.
The housing stock reflects three decades of custom building on hilly terrain. Texas Traditional and Ranch-style homes account for about 35%, often featuring single-story layouts with limestone exteriors and covered patios oriented toward western views. Mediterranean homes make up 25%, with stucco facades and barrel tile roofs. Hill Country Contemporary designs represent roughly 20% and tend to be newer builds. Lot sizes range from a third of an acre to a full acre. Most homes fall between 2,500 and 5,000 square feet, with pricing from the high $700s for dated homes up to $2.5 million for updated custom builds with strong view corridors.
Cat Mountain feeds into Austin ISD, specifically Doss Elementary and Murchison Middle School, both carrying strong academic reputations. Doss draws families from across the 78731 zip code, and the school's performance is a consistent factor in home values. For high school, most students attend Anderson High School, which offers International Baccalaureate programming. Some families opt for private schools like St. Andrew's Episcopal or Regents School, both within a short drive.
The lifestyle centers on the outdoors. Bull Creek District Park is essentially the neighborhood's back yard, with swimming holes, hiking trails, and shade. The 360 Bridge Overlook sits at the southern edge. Mount Bonnell is a short drive north, and Wild Basin Wilderness Preserve offers guided nature walks. For dining, Chez Zee has been the neighborhood bistro for decades, serving brunch and comfort food. Siena Ristorante Toscana handles date nights. Jack Allen's on 360 is the reliable weeknight choice. County Line on the Lake does barbecue with water views, and Roaring Fork serves upscale Western American food.
Cat Mountain is more affordable per square foot than Westlake Hills and Rob Roy to the south, which carry Eanes ISD premiums. It offers larger lots and more mature landscaping than newer developments in Steiner Ranch or River Place. And it provides a more residential setting than Great Hills to the north. The tradeoff is that some homes from the 1980s and early 1990s may need roof replacements, HVAC updates, and kitchen renovations running $100,000 to $200,000.
Cat Mountain makes sense for buyers who want Hill Country views without moving 30 minutes from downtown. It fits families who value Doss Elementary and Anderson High and do not want the Eanes ISD premium. And it works for anyone who prioritizes natural setting over manicured suburban aesthetics. If walkability matters more than views, look at Tarrytown or Rosedale. But if you want to watch the sunset from your back porch and make it to a downtown dinner in 15 minutes, Cat Mountain is hard to beat.
School District: Austin ISD
View Cat Mountain neighborhood guide- Property Type
- Residential
- Year Built
- 1991
- Lot Size
- 0.53 acres
- Price / Sq Ft
- $351
- Garage
- 2 spaces
Listing information last updated June 12, 2026.
Listed by Compass RE Texas, LLC
MLS# 7141555 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Bookcases
- Built-in Features
- Crown Molding
- Interior Steps
- Kitchen Island
- Open Floorplan
- Pantry
- Sauna
- Smart Thermostat
- Storage
- Two Primary Closets
- Walk-In Closet(s)
- Wired for Sound
- Dishwasher
- Disposal
- Electric Cooktop
- Microwave
- Electric Oven
- Range
- Electric Water Heater
- Carpet
- Wood
- Heating
- Ceiling,Fireplace(s)
- Cooling
- Ceiling Fan(s),Central Air
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Private Yard
- Brick
- Vinyl Siding
- Landscaped
- Trees-Large (Over 40 Ft)
- Slab
- Covered
- Deck
- Roof
- Composition,Shingle
- Lot Size
- 0.53 Acres
- Attached
- Driveway
- Garage
- Garage Faces Front
- Garage Spaces
- 2
Financial
- Original List Price
- $1,250,000
- Price per Sq Ft
- $351
Utilities
- 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 5902 Down Valley CT, whoever represented it.
- SoldJune 11, 2026MLS 7141555
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $1,150,000
- Original list
- $1,250,000
- Price movement
- $100K reduction
- Listed / DOM
- Apr 20, 2026
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,519,541
- Assessment Year
- 2025
- Year Built
- 1991
- Parcel ID
- 000000133784
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-4.4% | — | $1,519,541 | — | — |
2024+5.7% | — | $1,589,001 | $885,500 | $485,802 |
2023+58.4% | — | $1,503,858 | $885,500 | $703,501 |
2022 | — | $949,300 | $885,500 | $618,358 |
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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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($230K)
Adjustable assumption - not a lending recommendation.
$1,150,000
Luxury property intelligence
Keenan Market Position
A sourced read on Cat Mountain pricing, timing, and property scale. No automated valuation claim.
List price
$1,150,000
Price per sqft
$351/sqft
Vs. Neighborhood guide reference price
0.0%
$1.2M · Cat Mountain neighborhood guide · reference price
Days on market
Not available
Original to current
$100K reduction
$1.3M original
Active inventory context
5 listings
Price Position in Cat Mountain
Listed 0% below the Cat Mountain neighborhood guide reference price. Cat Mountain neighborhood guide · reference price.
Source: Public records and Keenan Group review as of Jun 12, 2026.
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