Loading
#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Verified property facts
5902 Down Valley is listed for $1,250,000 and includes 4 bedrooms, 3 full baths, 3,276 square feet, 0.53 acres.
5902 Down Valley is in the Northwest Hills area of Austin, Texas.
5902 Down Valley is associated with Austin ISD. School assignments should always be verified directly with the district before relying on them.
5902 Down Valley is a Residential built in 1991 with 4 bedrooms, 3 full baths, 3,276 square feet, 0.53 acres.
5902 Down Valley is listed at $1,250,000, +5.5% versus the available Northwest Hills median of $1,185,050, with a price-per-square-foot of $382.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listed with current price, original ask, and market time.
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.
Property Type
Residential
Year Built
1991
Lot Size
0.53 acres
$/Sq Ft
$382
Garage
2 spaces
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Public record data from county appraisal records. Market value can differ from assessed value.
| 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 |
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% ($250K)
$1,250,000
Luxury property intelligence
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,250,000
Price per sqft
$382/sqft
Vs. Northwest Hills median
+5.5%
$1.2M median
Days on market
15 days
Original to current
No verified reduction
$1.3M original
Active inventory context
20 listings
Price Position in Northwest Hills
Listed 5% above the Northwest Hills median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 5, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Northwest Hills
Active listings and buyer search context in Northwest Hills
ZIP-level inventory, pricing, and Austin market data
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
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)
Car-Dependent
No Nearby 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.
6 events on record
Current Price
$1,250,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| 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 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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.
Looking for more homes in Northwest Hills?
Contact an Expert →Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Northwest Hills Lakeview 03
Recent sales for market context
$1.25M
5900 Down Valley Ct
$750K
4702 Hickory Holw
$1.50M
5908 Down Valley Ct
$795K
4710 HICKORY HOLLOW Holw
$925K
4705 HICKORY Holw
$178K
5906 Upvalley RUN
