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6415 Wallace CV
Austin, TX, 78750
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$400,000
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Rare and exceptional opportunity to rebuild your dream home with endless gorgeous views of the Hill Country including Mount Bonnell, Cat Mountain, Ladera Norte and along the Capitol of Texas Hwy 360. Originally a 2-story, 2,367 sqft with 4 bedrooms and 2.5 baths, this home is perched on one of Lakewood's most desirable streets. Low maintenance living with a backyard that opens to the greenbelt and neighborhood landmark and dried Lakewood Lake. Main floor sustained significant damage from a fire that has been mitigated while the downstairs has been cleaned and prep'd for construction as well. Incredible location right off Capitol of Texas Hwy. 360 with easy access to 183 and Mopac. Less than 20 minutes to downtown, 10 minutes to the Domain and 5 minutes to the Arboretum. Located in the AISD school district and feeds into award winning and coveted Hill Elementary, Murchison Middle and Anderson High School (baccalaureate program). Engineering reports stating the home is structurally sound are attached as is the fire department report. Architectural drawings expanding the interior and exterior living space and designed with 8 ft windows and 10 ft ceilings throughout the home and 3D renderings have been completed and can be added in addition to the sale if interested. A contractor has reviewed the property and plans and is available to proceed with construction if interested. Additional photos are available upon request. Serious inquiries only please. DUE TO THE CONDITION OF THE PROPERTY, THERE IS NO ACCESS TO THE PROPERTY WITHOUT WRITTEN PERMISSION AND THE SIGNED WAIVER.
Property Type
Residential
Year Built
1985
Lot Size
0.08 acres
$/Sq Ft
$167
HOA
$673/mo
Garage
2 spaces
Listed by Bramlett Partners
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
6415 Wallace CV is listed at $400,000 with 4 bedrooms, 2 full, 1 half bathrooms, 2,392 square feet, 0.08-acre lot.
6415 Wallace CV is zoned for Austin ISD with assigned schools: Hill (10/10) (elementary), Murchison (7/10) (middle), Anderson (7/10) (high). School assignments should be verified directly with the district.
6415 Wallace CV is a Residential built in 1985 featuring 4 bedrooms, 2 full, 1 half bathrooms, 2,392 square feet, 0.08-acre lot.
6415 Wallace CV is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 6415 Wallace CV is $12,642. 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
Pending 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 |
|---|---|---|---|---|
2025-10.4% | — | $617,766 | — | — |
2024-11.0% | — | $689,119 | $200,000 | $453,957 |
2023+35.2% | — | $774,697 | $200,000 | $489,119 |
2022 | — | $573,102 | $200,000 | $574,697 |
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% ($80K)
$400,000
Luxury property intelligence
A sourced read on Lakewood Sec 03 pricing, timing, and property scale. No automated valuation claim.
List price
$400,000
Price per sqft
$167/sqft
Vs. Lakewood Sec 03 median
Not available
Days on market
142 days
Original to current
No verified reduction
$400K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 5, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($80,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 6415 Wallace CV is around $3,129 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $400,000, 6415 Wallace CV is in the Lakewood Sec 03 market where there are currently 42 active listings in 78750. The Keenan Group has completed 21 transactions in 78750 as part of 1,000+ career sales totaling $1B+ across Austin.
6415 Wallace CV was built in 1985 (41 years ago). Buyers should budget for potential updates to major systems.
6415 Wallace CV includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
6415 Wallace CV is part of a managed community with HOA dues of $673 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
12 events on record
Current Price
$400,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-10.4% | — | $617,766 | — | — |
2024-11.0% | — | $689,119 | $200,000 | $453,957 |
2023+35.2% | — | $774,697 | $200,000 | $489,119 |
2022 | — | $573,102 | $200,000 | $574,697 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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