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Verified property facts
701 Oakwood Ln is listed at $1,250,000 with 5 bedrooms, 3 full, 1 half bathrooms, 4,876 square feet, 1.48-acre lot. This places it above the 78620 median of $867,000.
701 Oakwood Ln is zoned for Dripping Springs ISD with assigned schools: Dripping Springs (elementary), Dripping Springs Middle (middle), Dripping Springs (high). School assignments should be verified directly with the district.
701 Oakwood Ln is a Residential built in 1991 featuring 5 bedrooms, 3 full, 1 half bathrooms, 4,876 square feet, 1.48-acre lot.
701 Oakwood Ln 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 701 Oakwood Ln is $5,676. 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.
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Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Sunset Canyon Sec 4
Listed with current price, original ask, and market time.
Main home is 5BR/3.5BA and the guest apartment is a complete 1BR/1BA with its own living room and kitchen! This stunning down-to-the-studs renovation blends elevated design with everyday livability—set on a rare, flat, fully fenced lot shaded by a majestic oak tree. Step inside to a light-filled main level where the living room w/ a cozy fireplace flows effortlessly into a formal dining space & a beautifully remodeled kitchen designed for gathering. Large windows frame peaceful backyard views, while a powder bath & dedicated laundry room add everyday convenience. The main-level primary suite is a true retreat, tucked away for privacy and overlooking the serene backyard. Complete w/ a spacious ensuite bath & an oversized walk-in closet, it’s designed to feel like your own personal sanctuary. Upstairs, a second living area with its own fireplace creates the perfect flex space for movie nights, play, or relaxation. Four generously sized bedrooms and two full bathrooms provide plenty of room for everyone. And then, the bonus you didn’t know you needed—a fully renovated guest apartment, privately connected by a covered deck, offers a complete one-bedroom, one-bath layout with a full kitchen and expansive living space. Perfect for multi-generational living, long-term guests, or even income potential. Out back, enjoy a covered patio overlooking the spacious yard and stunning oak tree—ideal for quiet mornings, entertaining, or simply unwinding. The three-car garage adds the finishing touch, offering both function and flexibility. Nestled in the highly sought-after Sunset Canyon community, this home offers the perfect blend of Hill Country serenity & everyday convenience. Ideally located along Hi-Way 290, residents benefit from an easy commute into Austin while enjoying the charm and slower pace of Dripping Springs living. With access to the highly acclaimed Dripping Springs ISD, this neighborhood is a top choice for those seeking space, quality, & community.
Property Type
Residential
Year Built
1991
Lot Size
1.48 acres
$/Sq Ft
$256
Garage
6 spaces
Listed by eXp Realty, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
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 Sunset Canyon Sec 4 pricing, timing, and property scale. No automated valuation claim.
List price
$1,250,000
Price per sqft
$256/sqft
Vs. Sunset Canyon Sec 4 median
Not available
Days on market
115 days
Original to current
No verified reduction
$1.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 10, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($250,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 701 Oakwood Ln is around $6,959 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $1,250,000, 701 Oakwood Ln is in the Sunset Canyon Sec 4 market where there are currently 261 active listings in 78620. The Keenan Group has completed 11 transactions in 78620 as part of 1,000+ career sales totaling $1B+ across Austin.
701 Oakwood Ln was built in 1991 (35 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
1 event on record
Current Price
$1,250,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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