#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
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.
Property Type
Land
Lot Size
10.11 acres
Listed by Shelton Properties
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 78731 median of $1,225,000.
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 in Northwest Hills, Austin, Texas. See the full [Northwest Hills neighborhood guide](/neighborhoods/northwest-hills-austin) for market data, schools, and lifestyle details.
6601 N Capital of Texas Highway 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Lot Features
Waterfront
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)
$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. Northwest Hills median
+566.6%
$1.2M median
Days on market
512 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 median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 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
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
With 20% down ($1,580,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 6601 N Capital of Texas Highway is around $55,475 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $7,900,000, 6601 N Capital of Texas Highway is in the Northwest Hills market where there are currently 54 active listings in 78731. The Keenan Group has completed 107 transactions in 78731 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Northwest Hills guide](/neighborhoods/northwest-hills-austin).
6601 N Capital of Texas Highway includes verified waterfront access: Creek. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
6601 N Capital of Texas Highway sits on a 10.11-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
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
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.
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.
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