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6505 Lakewood Dr, Austin, TX 78731
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3 bed, 2 bath, 1,952 sqft on 0.39 acres in Northwest Hills. Austin, TX 78731. Last listed at $445,000, sold December 20, 2013. Austin ISD.
About This Home
Uniquely Austin. Architect designed home on scenic lot across from a small neighborhood park along beautiful creek. Many recent upgrades - with bathroom remodels, plus center island kitchen with granite & stainless steel double convection ovens and induction cook top. Currently there are 2 bedrooms -2baths on the first floor, and a great 2nd floor room that can be used a 3rd bedroom, study, media room or whatever suits your lifestyle. Bring Kayaks & bicycles. Proximate to great Bar B Q and Tex Mex.Restrictions: Yes Sprinkler Sys:Yes
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.
School District: Austin ISD
View Northwest Hills neighborhood guide- Property Type
- Residential
- Year Built
- 1981
- Lot Size
- 0.39 acres
- HOA
- $45/year
- Garage
- 2 spaces
Listing information last updated September 4, 2020.
Listed by David Heaps, REALTOR
MLS# 2645291 • 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
- Ceiling(s)-High
- Interior Steps
- Primary Bedroom on Main
- Recessed Lighting
- Wired for Sound
- Built-In Oven(s)
- Electric Cooktop
- Dishwasher
- Disposal
- Oven Double
- Solar Hot Water
- Water Heater-Electric
- Tile
- Wood
- Main Level
- Heating
- Central, Electric
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Masonry-Partial
- Frame
- Stone
- 109 x 149
- Partial
- Wrought Iron
- Slab
- Covered
- Patio
- Porch
- Roof
- Composition
- Lot Size
- 0.39 Acres
- Stories
- 2
- Detached
- Reserved
- Garage Spaces
- 2
Financial
- HOA Fee
- $45 / year
- Original List Price
- $445,000
Utilities
- Electricity Available
- Phone Connected
- Water Source
- Public
- Sewer
- Public Sewer
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- Not available
- Original list
- $445,000
- Price movement
- No verified reduction
- Listed / DOM
- Nov 18, 2013
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $854,695
- Assessment Year
- 2025
- Year Built
- 1981
- Parcel ID
- 000000522517
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-7.0% | — | $854,695 | — | — |
2024-2.4% | — | $919,450 | $600,000 | $186,580 |
2023+32.8% | — | $941,715 | $600,000 | $319,450 |
2022 | — | $708,900 | $600,000 | $341,715 |
Zoned Schools
Anderson
Murchison
Doss
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.
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Keenan Market Position
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
Not available
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
$1.2M · Northwest Hills neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$445K original
Active inventory context
21 listings
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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Northwest Hills Neighborhood Guide
Lifestyle, schools, market context, and homes in Northwest Hills
Northwest Hills Homes for Sale
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78731 ZIP Guide
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Browse 78731 Homes for Sale
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Austin ISD Schools
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Austin Home Valuation
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