#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
— bed, — bath on 10.11 acres in Northwest Hills. Austin, TX 78731. $7,900,000. Austin ISD.
The best remaining properties are the Hidden Gems! Prime location for Sale in West Austin on Capitol of Texas Highway. Approved for 110,000+ Sq Ft under previous height restrictions on 10+ acres. Zoned GR-CO and now multifamily available without rezoning after recent passage of SB840. See attached Zoning information and Conditional Overlay. Multiple uses possible: Multifamily, Restaurant, Hotel/Motel, Office Building, Private Schools, Community Recreation, Medical Offices, General Retail, Indoor or Outdoor Sports and Recreation, Hospital Services, Theater, Personal Services, Religious Assembly, and more. Convenient close-in location.
Under SB840, new height limitations increase from 28 to 45 feet and possibly more, so likely greater square footage is achievable.
Approved City of Austin Site Development Permit finalized for 110,000+ square feet of build-able space. If a different site plan is preferred by Buyer, it is far easier to amend an existing site plan than to start from scratch.
Price negotiable.
Buyer may pursue their preferred Architectural Design and Builder to fit the attractive, gently sloping site with stunning views of the valley and Bull Creek. TxDOT driveway cut permit approved. Prior settlement agreement with City of Austin waives most City of Austin development fees and grandfathers earlier development rules.
The attached floor plan is for conceptual display purposes only. Two of the three owners are State of Texas licensed real estate brokers. Preferred Title Company: Capstone Title – Foskitt.
Contact listing broker for site visit. See the link below for drone Footage of the site and proposed building placement.
Verified property facts
6601 N Capital of Texas Highway is listed at $7,900,000 with 0 bedrooms, 10.11-acre lot. This places it above the ZIP 78731 single-family closed-sale median price of $1,209,000 (ZIP 78731 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 24, 2026).
6601 N Capital of Texas Highway is zoned for Austin ISD with assigned schools: Doss (Austin ISD) (elementary), Murchison (middle), Anderson (high). School assignments should be verified directly with the district.
6601 N Capital of Texas Highway is listed by Shelton Properties. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
This page does not assume a mortgage rate or publish a monthly payment for 6601 N Capital of Texas Highway. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#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 6601 N Capital of Texas Highway, 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 | — | $528,574 | $528,574 | — |
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% ($1.6M)
Adjustable assumption - not a lending recommendation.
$7,900,000
Luxury property intelligence
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
$7,900,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+566.6%
$1.2M · Northwest Hills neighborhood guide · reference price
Days on market
574 days
Original to current
No verified reduction
$7.9M original
Active inventory context
20 listings
Price Position in Northwest Hills
Listed 567% above the Northwest Hills neighborhood guide reference price. Northwest Hills neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Northwest Hills
Active listings and buyer search context in Northwest Hills
ZIP-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
As of Sep 25, 2026, 6601 N Capital of Texas Highway is offered at $7,900,000. The current MLS snapshot shows 60 active listings in 78731. Keenan Group has completed 89 verified transactions in 78731 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Northwest Hills guide for current neighborhood analysis.
The MLS listing marks 6601 N Capital of Texas Highway as waterfront. The reported waterfront feature is Creek. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
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.
2 events on record
Current Price
$7,900,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $528,574 | $528,574 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Champion 360 Subd
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 →Active listings near 6601 N Capital of Texas Highway
Recent sales for market context
