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Keenan Group#1 Austin Board of Realtors Team 2024
7311 Running Rope, photo 1 of 20, Northwest Hills, Austin, TX
Coming Soon
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$2,750,000

5Beds
4Baths
3,584Sq Ft
0.24 acresLot
Coming Soon

7311 Running Rope, Austin, TX 78731

Listed by Keenan Group
Northwest Hills·Built 2024

7311 Running Rope is a 5-bedroom, 4-bath, 3,584-square-foot home on 0.24 acres in Northwest Hills, Austin, offered at $2,750,000. It is coming soon to the market. School district: Austin ISD. Listed by Joe and Cara Keenan of Keenan Group at Compass.

About This Home

Located in Northwest Hills, this 2024-built home offers 3,584 square feet of modern design, thoughtful finishes, and plenty of room to entertain. With 5 bedrooms, 4 full baths, and a backyard designed for year-round enjoyment, the home combines comfortable everyday living with spaces made for gathering. The main living area opens to the outdoors through expansive sliding glass doors, bringing in natural light and creating an easy connection to the backyard. The kitchen features designer finishes, dual ovens, a 48-inch gas range, a built-in refrigerator, and a full-size wine column, making it well suited for everything from weeknight dinners to larger gatherings. The home’s five-bedroom layout offers flexibility for family, guests, or a home office. Upstairs, a separate game room provides additional space to relax, watch a movie, or spend time together. Outside, the backyard is a standout. A covered outdoor kitchen with a built-in Coyote gas grill and bar refrigerator makes entertaining easy, while the heated pool and spa offer a place to unwind throughout the year. A private basketball court adds another option for outdoor recreation. The location puts you close to some of Austin’s favorite destinations, with Downtown about five miles away and The Domain and Q2 Stadium roughly four miles northeast. Doss Elementary is within walking distance, with Murchison Middle School and Anderson High School also nearby. With modern construction, a well-planned layout, and a backyard built for entertaining, 7311 Running Rope offers a great combination of space, convenience, and Northwest Hills living.

Property Type
Residential
Year Built
2024
Lot Size
0.24 acres
Price / Sq Ft
$767

Listing information last updated October 23, 2026.

Highlights

New construction completed in 2024
Generous 0.24-acre lot
The home’s five-bedroom layout offers flexibility for family, guests, or a home office
Upstairs, a separate game room provides additional space to relax, watch a movie, or spend time together
Outside, the backyard is a standout
A private basketball court adds another option for outdoor recreation

Facts & Features

Exterior & Lot
Lot Size
0.24 Acres
Financial
Original List Price
$2,750,000
Price per Sq Ft
$767

Transaction History

1 record on file

Every recorded listing, sale, and lease at 7311 Running Rope, whoever represented it. The Keenan Group represented one of them.

  1. Coming SoonRepresented by Keenan GroupListed 2026
    Current price: $2,750,000Original list: $2,750,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$2,750,000
Original list
$2,750,000
Price movement
No verified reduction
Listed / DOM
Oct 24, 2026

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$2,350,000
Assessment Year
2025
Year Built
2024
Parcel ID
000000138380
$2.4M
$592K
$591,883
2021
$674,412
+13.9% from prev
2022
$1,184,366
+75.6% from prev
2023
$1,007,076
-15.0% from prev
2024
$2,350,000
+133.3% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025+133.3%
—$2,350,000——
2024-15.0%
—$1,007,076$650,000—
2023+75.6%
—$1,184,366$650,000$357,076
2022+13.9%
—$674,412$650,000$534,366
2021
—$591,883$400,000$274,412
5-Year Change297.0%
Property Showcase

View the 7311 Running Rope Showcase

See the Coming Soon presentation for 7311 Running Rope in Northwest Hills, with photography of the home, the heated pool and spa, the outdoor kitchen and the basketball court.

View Showcase
Map showing 7311 Running Rope
7311 Running Rope
Directions

District Schools Nearby

Austin ISD →

6 High Schools

District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility.

Property Timeline

6 events on record

Current Price

$2,750,000

Coming Soon
2 weeks ago
$2,750,000
Tax Assessment (2025)
1 years ago
Assessed value: $2,350,000
Tax Assessment (2024)
2 years ago
Assessed value: $1,007,076

Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.

Tax Assessment Details
$2.4M
$592K
$591,883
2021
$674,412
+13.9% from prev
2022
$1,184,366
+75.6% from prev
2023
$1,007,076
-15.0% from prev
2024
$2,350,000
+133.3% from prev
2025
YearTaxesTotal AssessmentLandAdditions
2025+133.3%
—$2,350,000——
2024-15.0%
—$1,007,076$650,000—
2023+75.6%
—$1,184,366$650,000$357,076
2022+13.9%
—$674,412$650,000$534,366
2021
—$591,883$400,000$274,412
5-Year Change297.0%

Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.

Principal & interest
$14,904

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

Illustrative down payment

20% ($550K)

Adjustable assumption - not a lending recommendation.

Home price

$2,750,000

Loan: $2.2M

Loan details

Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-11-05
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Keenan Market Position

A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.

List price

$2,750,000

Price per sqft

$767/sqft

Vs. Neighborhood guide reference price

+132.3%

$1.2M · Northwest Hills neighborhood guide · reference price

Days on market

Not available

Original to current

No verified reduction

$2.8M original

Active inventory context

22 listings

Price Position in Northwest Hills

Neighborhood guide reference price $1.2MThis home $2.8M

Listed 132% above the Northwest Hills neighborhood guide reference price. Northwest Hills neighborhood guide · reference price.

Seller's Market - 22 active listings

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 24, 2026.

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Homes sold by Keenan Group.

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Frequently Asked Questions

How much is 7311 Running Rope?

7311 Running Rope is listed at $2,750,000 with 5 bedrooms, 4 full bathrooms, 3,584 square feet, 0.24-acre lot. This places it above the ZIP 78731 single-family closed-sale median price of $1,225,000 (ZIP 78731 geography · single-family closed sales · median sale price · trailing 12 months as of Nov 9, 2026).

What school district is 7311 Running Rope in?

7311 Running Rope is zoned for Austin ISD. School assignments should be verified directly with the district.

What are the property details for 7311 Running Rope?

7311 Running Rope is a Residential built in 2024 featuring 5 bedrooms, 4 full bathrooms, 3,584 square feet, 0.24-acre lot.

Who represents 7311 Running Rope?

7311 Running Rope is represented and presented by Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024), with 1,000+ completed transactions and $1B+ in career volume across Austin's luxury market.

What is the price per square foot at 7311 Running Rope?

7311 Running Rope is priced at $767 per square foot across 3,584 sqft. The Northwest Hills neighborhood guide reference price is $1,184,000 (Northwest Hills neighborhood guide · reference price).

How should a buyer estimate the monthly payment for 7311 Running Rope?

This page does not assume a mortgage rate or publish a monthly payment for 7311 Running Rope. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 7311 Running Rope compare with other homes in Northwest Hills?

As of Oct 24, 2026, 7311 Running Rope is offered at $2,750,000. The current MLS snapshot shows 58 active listings in 78731. Keenan Group has completed 92 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.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

What should buyers know about Northwest Hills?

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.

  • Northwest Hills area specialists
  • Austin ISD zoning
  • #1 Austin Board of Realtors Team 2024
  • 25+ years Austin luxury real estate

Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)

Why Choose the #1 Austin Board Team for Northwest Hills

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/23/2026, 10:54:51 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Use or search of this IDX data by anyone other than a consumer looking to purchase real estate is prohibited. Automated collection, scraping, republication, or redistribution of MLS listing data is prohibited.

Keenan Luxury Market Index figures and Keenan Group sales counts are published under CC BY 4.0 and may be reused with attribution to Keenan Group at Compass. Methodology and citation format: thekeenangroup.com/the-source/keenan-luxury-market-index-methodology.

Last updated: 10/23/2026, 10:54:51 PM

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