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3 bed, 2 bath, 2,541 sqft on 0.29 acres in Northwest Hills. Austin, TX 78731. Last listed at $1,250,000, sold March 25, 2025. Austin ISD.
About This Home
Tranquil gated courtyard entry awaits you. A remodeled 1973 Ranch style home, eclectic and fun! Travertine and solid white oak hardwoods throughout, no carpet. Kitchen taken to the studs, custom built cabinets in kitchen and all baths, granite counters in baths and soap stone in kitchen. Thermador appliances include 6 burner gas cooktop, warming drawer, built in electric convection oven and microwave, dishwasher. Zephier range exhaust, instant hot water and filtered water at hammered nickel farm sink, pull out for trash and recycle. Kitchen bright and open with natural light from a wall of windows looking out to the covered back porch. Perfect home for entertaining and family get togethers. The storage is spectacular with drawers and cabinets to the ceilings, oversized island with breakfast bar, open to two living areas and dining. Once a planter now a Onyx dry bar with lighting adds more storage and a serving area. Tankless hot water, solar panels included. Recent exterior paint, HVAC and wood privacy fence. Radiant barrier in attic, blown in insulation, Plantation shutters, solid wood interior doors and new hardware, mesquite mantel and front doors. Don't miss the walk in closet in the primary suite which can be converted back to a 4th bedroom. Owner/Agent.
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 guide- Property Type
- Residential
- Year Built
- 1973
- Lot Size
- 0.29 acres
- Price / Sq Ft
- $492
- Garage
- 2 spaces
Listing information last updated March 31, 2025.
Listed by Moreland Properties
MLS# 2927524 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- Vaulted Ceiling(s)
- Granite Counters
- Stone Counters
- Eat-in Kitchen
- Entrance Foyer
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Primary Bedroom on Main
- Walk-In Closet(s)
- Wired for Data
- Wired for Sound
- Built-In Electric Oven
- Convection Oven
- Cooktop
- Dishwasher
- Disposal
- Exhaust Fan
- Gas Cooktop
- Microwave
- RNGHD
- Refrigerator
- Self Cleaning Oven
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Warming Drawer
- Tankless Water Heater
- Stone
- Wood
- Heating
- Central,Natural Gas
- Cooling
- Ceiling Fan(s),Central Air,ENERGY STAR Qualified Equipment
- Fireplaces
- 1
Exterior & Lot
- Uncovered Courtyard
- Exterior Steps
- Gutters Full
- Hardi
- Plank Type
- Wood Siding
- Stone Veneer
- Back Yard
- Corner Lot
- Cul-De-Sac
- Curbs
- Sprinkler - Automatic
- Sprinklers On Side
- Trees-Large (Over 40 Ft)
- Back Yard
- Privacy
- Wood
- Slab
- Covered
- Rear Porch
- Roof
- Composition
- Lot Size
- 0.29 Acres
- Attached
- Door-Multi
- Garage
- Garage Door Opener
- Garage Faces Side
- Kitchen Level
- Off Street
- Garage Spaces
- 2
Financial
- Original List Price
- $1,300,000
- Price per Sq Ft
- $492
Utilities
- Electricity Connected
- Natural Gas Connected
- Phone Available
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 7511 DOWNRIDGE DR, whoever represented it.
- SoldMarch 25, 2025Listed at: $1,300,000MLS 2927524
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.
- Current list
- $1,250,000
- Original list
- $1,300,000
- Price movement
- $50K reduction
- Listed / DOM
- Feb 8, 2025
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,186,696
- Assessment Year
- 2025
- Year Built
- 1973
- Parcel ID
- 000000145018
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+12.0% | — | $1,186,696 | — | — |
2024-3.2% | — | $1,060,000 | $600,000 | $318,261 |
2023+41.6% | — | $1,095,017 | $600,000 | $460,000 |
2022+23.4% | — | $773,400 | $600,000 | $495,017 |
2021 | — | $626,642 | $400,000 | $373,400 |
Zoned Schools
Anderson
Murchison
Doss
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.
Illustrative down payment
20% ($250K)
Adjustable assumption - not a lending recommendation.
Home price
$1,250,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
$1,250,000
Price per sqft
$492/sqft
Vs. Neighborhood guide reference price
+5.0%
$1.2M · Northwest Hills neighborhood guide · reference price
Days on market
Not available
Original to current
$50K reduction
$1.3M original
Active inventory context
21 listings
Price Position in Northwest Hills
Listed 5% 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 Apr 25, 2026.
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