#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
4 bed, 3 bath, 3,756 sqft on 0.28 acres in Northwest Hills. Austin, TX 78731. $1,449,500. Austin ISD.
Welcome to 7505 Stepdown Cove, a spacious Northwest Hills home tucked on a quiet cul-de-sac. The distinctive reverse floor plan places the main living and entertaining spaces upstairs, creating an elevated setting filled with natural light, while offering separation and flexibility throughout the home. Featuring four bedrooms, three full bathrooms, multiple living areas, stainless steel appliances and double ovens, the layout provides plenty of room to gather, work or unwind. Two sunrooms offer additional versatile space beyond the home’s stated square footage and could serve as an office, playroom, fitness area or relaxing retreat. Situated on a 0.28-acre lot, the home also features a roof replaced in 2023 and feeds to Doss Elementary.
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.
School District: Austin ISD
View Northwest Hills neighborhood guideVerified property facts
7505 Stepdown Cv is listed at $1,449,500 with 4 bedrooms, 3 full bathrooms, 3,756 square feet, 0.28-acre lot. This places it above the ZIP 78731 single-family closed-sale median price of $1,209,000 (ZIP 78731 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).
7505 Stepdown Cv 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.
7505 Stepdown Cv is a Residential built in 1982 featuring 4 bedrooms, 3 full bathrooms, 3,756 square feet, 0.28-acre lot.
7505 Stepdown Cv is priced at $386 per square foot across 3,756 sqft. The Northwest Hills neighborhood guide reference price is $1,166,750 (Northwest Hills neighborhood guide · reference price).
#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.
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Listing information last updated October 8, 2026.
Listed by Compass RE Texas, LLC
MLS# 2304124 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
1 record on file
Every recorded listing, sale, and lease at 7505 Stepdown CV, 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 |
|---|---|---|---|---|
2025-1.0% | — | $1,280,197 | — | — |
2024-11.1% | — | $1,292,956 | $600,000 | $484,879 |
2023+48.0% | — | $1,454,137 | $600,000 | $692,956 |
2022+41.1% | — | $982,800 | $600,000 | $854,137 |
2021 | — | $696,300 | $400,000 | $582,800 |
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($290K)
Adjustable assumption - not a lending recommendation.
$1,449,500
Luxury property intelligence
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,449,500
Price per sqft
$386/sqft
Vs. Neighborhood guide reference price
+24.2%
$1.2M · Northwest Hills neighborhood guide · reference price
Days on market
42 days
Original to current
$50K reduction
$1.5M original
Active inventory context
25 listings
Price Position in Northwest Hills
Listed 24% above the Northwest Hills neighborhood guide reference price. Northwest Hills neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 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
Active 78731 listings and Northwest Hills 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
The most recent annual property tax for 7505 Stepdown Cv is $22,820. 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.
This page does not assume a mortgage rate or publish a monthly payment for 7505 Stepdown Cv. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 15, 2026, 7505 Stepdown Cv is offered at $1,449,500. The current MLS snapshot shows 58 active listings in 78731. Keenan Group has completed 91 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.
7505 Stepdown Cv was built in 1982 (44 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.
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)
Homes sold by Keenan Group.
7 events on record
Current Price
$1,449,500
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-1.0% | — | $1,280,197 | — | — |
2024-11.1% | — | $1,292,956 | $600,000 | $484,879 |
2023+48.0% | — | $1,454,137 | $600,000 | $692,956 |
2022+41.1% | — | $982,800 | $600,000 | $854,137 |
2021 | — | $696,300 | $400,000 | $582,800 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Offered At |
|---|---|
| 4101 Far West BLVD | $875K |
| 4011 Greystone Dr | $1.20M |
| 3924 Arbor Glen Way | $1.25M |
| 6905 Ladera Norte | $1.90M |
| 4607 Balcones DR | $1.50M |
| 4403 Canyonside TRL | $1.23M |
| 5905 Balsam HOLW | $850K |
| 7602 Rim CV | $1.98M |
Comparable homes that recently closed in this area
Car-Dependent
Minimal 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.
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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