
This single-level, 3-bedroom, 2-bath home sits in a Southeast Austin neighborhood where location, layout, and long-term upside all line up, whether you’re buying to live in it, rent it out, or do a little of both. Built in 2020, it still feels fresh, with modern finishes, eco-friendly touches, and a layout that makes sense. Out back, there are no rear neighbors, just a greenbelt buffer that adds privacy and a little breathing room you don’t always get this close to the city. Inside, LVP plank floors and a mix of natural and recessed lighting give an easy, open vibe throughout the open concept living space. The kitchen anchors the home and flows right into the living and dining areas, making it simple to host friends, keep an eye on everything, or simply enjoy everyday life without feeling disconnected. The primary suite has its own ensuite bath and a generous walk-in closet, while two additional bedrooms flex easily as guest space, home office, or whatever your current stage of life calls for. A two-car garage and solar panels add everyday convenience and long-term efficiency. And the lifestyle outside the front door is a big part of the appeal, you can walk to the neighborhood pool, park, playground, and trails, which is a huge plus for residents or potential tenants. Step beyond the community and you’re minutes from McKinney Falls State Park’s 640 acres of trails, fishing spots, and camping, plus the MetCenter Disc Golf Course for easy outdoor escapes. Location-wise, it’s hard to beat; quick access to 71, 183, and I-35 keeps commutes easy, major employers like Amazon, OriGen, and the Tesla Gigafactory are nearby, the airport is under 10 minutes away, and downtown Austin is less than 10 miles out. All of that adds up to a home that’s not just easy to enjoy, but also easy to justify as a smart investment in one of Austin’s most connected, growth-driven areas. Buyer to verify all info.
Property Type
Residential
Year Built
2020
Lot Size
0.10 acres
$/Sq Ft
$231
HOA
$560/mo
Garage
2 spaces
Listed by eXp Realty, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
7120 Tonka LN is listed at $295,000 with 3 bedrooms, 2 full bathrooms, 1,276 square feet, 0.10-acre lot.
7120 Tonka LN is zoned for Del Valle ISD with assigned schools: Hillcrest (10/10) (elementary), Ojeda (middle), Del Valle (6/10) (high). School assignments should be verified directly with the district.
7120 Tonka LN is a Residential built in 2020 featuring 3 bedrooms, 2 full bathrooms, 1,276 square feet, 0.10-acre lot.
7120 Tonka 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 7120 Tonka LN is $6,225. 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.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded sale and lease at 7120 Tonka LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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 |
|---|---|---|---|---|
2025-24.5% | — | $300,679 | $78,800 | — |
2024-2.6% | — | $398,135 | $75,000 | $254,769 |
2023+66.4% | — | $408,920 | $40,000 | $358,135 |
2022+668.0% | — | $245,765 | $40,000 | $368,920 |
2021 | — | $32,000 | $40,000 | $205,765 |
Del Valle ISD
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% ($59K)
$295,000
Luxury property intelligence
A sourced read on Colorado Crossing pricing, timing, and property scale. No automated valuation claim.
List price
$295,000
Price per sqft
$231/sqft
Vs. Colorado Crossing median
Not available
Days on market
205 days
Original to current
$35K reduction
$330K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 16, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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 ($59,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 7120 Tonka LN is around $2,049 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $295,000, 7120 Tonka LN is in the Colorado Crossing market where there are currently 137 active listings in 78744. The Keenan Group has completed 3 transactions in 78744 as part of 1,000+ career sales totaling $1B+ across Austin.
7120 Tonka LN was built in 2020, making it 6 years old with relatively recent construction.
7120 Tonka LN includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
7120 Tonka LN is part of a managed community with HOA dues of $560 annually. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
9 events on record
Current Price
$295,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-24.5% | — | $300,679 | $78,800 | — |
2024-2.6% | — | $398,135 | $75,000 | $254,769 |
2023+66.4% | — | $408,920 | $40,000 | $358,135 |
2022+668.0% | — | $245,765 | $40,000 | $368,920 |
2021 | — | $32,000 | $40,000 | $205,765 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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