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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
This property has sold on November 29, 2012. Looking for something similar? Contact us or browse available homes.
704 Knollwood DR
Austin, TX, 78746
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This property is no longer actively listed. We can help you find similar homes currently for sale, notify you if this property relists, or explore off-market opportunities in the area.
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Location, location, location! Stunning Hill Country views and a very private back yard-yet only minutes to shopping, schools & downtown. A property for someone who wants something a little different. Fresh paint. Completely rebuilt 10 yrs ago. Gorgeous European style kitchen open to the dining area and great room. Huge master w/ deck access. Large pool w/ expansive decks for entertaining. Exemplary rated EANES ISD. Owner/Agent.Restrictions: Yes
Property Type
Residential
Year Built
1972
Lot Size
1.59 acres
$/Sq Ft
$178
Pool
Yes
Listed by Goldwasser Real Estate
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
704 Knollwood DR is listed at $599,000 with 4 bedrooms, 4 full, 1 half bathrooms, 3,359 square feet, 1.59-acre lot.
704 Knollwood DR is zoned for Eanes ISD with assigned schools: Forest Trail (10/10) (elementary), West Ridge (9/10) (middle), Westlake (9/10) (high). School assignments should be verified directly with the district.
704 Knollwood DR is in Westlake Hills, Austin, Texas. See the full [Westlake Hills neighborhood guide](/neighborhoods/westlake-hills-austin) for market data, schools, and lifestyle details.
704 Knollwood DR is a Residential built in 1972 featuring 4 bedrooms, 4 full, 1 half bathrooms, 3,359 square feet, 1.59-acre lot.
704 Knollwood DR 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
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Knollwood Sec 01
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 |
|---|---|---|---|---|
2025-32.2% | — | $1,084,206 | — | — |
2024+2.8% | — | $1,600,000 | $950,000 | $311,590 |
2023+51.1% | — | $1,555,745 | $950,000 | $650,000 |
2022+23.9% | — | $1,029,800 | $950,000 | $605,745 |
2021 | — | $830,900 | $570,000 | $459,800 |
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% ($120K)
$599,000
Luxury property intelligence
A sourced read on Westlake Hills pricing, timing, and property scale. No automated valuation claim.
List price
$599,000
Price per sqft
$178/sqft
Vs. Westlake Hills median
-74.5%
$2.4M median
Days on market
5,090 days
Original to current
$151K reduction
$750K original
Active inventory context
17 listings
Price Position in Westlake Hills
Listed 75% below the Westlake Hills median
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
Request Private Market AnalysisLifestyle, schools, market context, and homes in Westlake Hills
Active listings and buyer search context in Westlake 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
704 Knollwood DR is priced at $178 per square foot across 3,359 sqft. The Westlake Hills median list price is $2,351,000.
The most recent annual property tax for 704 Knollwood DR is $7,936. 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.
With 20% down ($119,800) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 704 Knollwood DR is around $3,769 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $599,000, 704 Knollwood DR is in the Westlake Hills market where there are currently 105 active listings in 78746. The Keenan Group has completed 16 transactions in 78746 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Westlake Hills guide](/neighborhoods/westlake-hills-austin).
704 Knollwood DR was built in 1972 (54 years ago). Buyers should budget for potential updates to major systems.
704 Knollwood DR includes verified waterfront access: Stream. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Westlake Hills is one of Austin's established neighborhoods, zoned for Eanes ISD in the 78746 area. The Keenan Group has specialized in Westlake 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.
7 events on record
Current Price
$750,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-32.2% | — | $1,084,206 | — | — |
2024+2.8% | — | $1,600,000 | $950,000 | $311,590 |
2023+51.1% | — | $1,555,745 | $950,000 | $650,000 |
2022+23.9% | — | $1,029,800 | $950,000 | $605,745 |
2021 | — | $830,900 | $570,000 | $459,800 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
Westlake Hills is an incorporated city in Austin's 78746 ZIP code, five minutes west of downtown via Bee Caves Road. Eanes ISD - ranked #1 in Texas by Niche 2026 - draws most buyers. Median home price $2.4M, with estates from $1.2M updates to $10M+ hilltop compounds. Roughly 1,000 total homes sit on wooded lots averaging half an acre to two acres, spread across the hills south of the Colorado River. Lost Creek, Davenport Ranch, The Oaks, and Bee Caves Woods each have a different character - from 1970s ranches on established lots to new-build Hill Country Contemporary estates with 20-foot ceilings and limestone facades. The housing stock is in a generational transition. Original 1970s-80s ranch homes sell as teardowns at $1-2M for land alone, replaced by $3-8M contemporary builds. At any given time, 25-30 homes are actively listed. Inventory is tight, and a meaningful share of deals happen off-market through agent networks. What defines daily life here: morning coffee at Swedish Hill, school drop-off at Eanes Elementary or Bridge Point, a trail run at Wild Basin Preserve, and dinner at Sway or Las Palomas without crossing MoPac. This is a quiet neighborhood built around schools and outdoor access, not nightlife or walkable retail. The people who live here chose it for exactly that trade-off.
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