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This property has sold on June 4, 2024. Looking for something similar? Contact us or browse available homes.

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BOM buyers wife filed for a divorce a week before closing!Peaceful sanctuary nestled on nearly half an acre in a tranquil cul-de-sac. This enchanting single-story 3 bed/2 bath home promises the perfect balance of comfort and convenience, all just two blocks from the local elementary school and within reach of other top-rated educational institutions. As you approach, a lovely walkway beckons you towards the inviting front porch, complemented by a sturdy storm door and a welcoming front entrance. Step inside to discover an expansive living room, where high cathedral ceilings soar above and a striking floor-to-ceiling stone-built fireplace commands attention. Numerous windows bathe the space in natural light, creating a warm and inviting atmosphere. Adjacent to the living room, the dining area offers an open layout with views of the kitchen and a glass back door that frames the view to the majestic backyard and patio space. The kitchen itself features laminate countertops, tile flooring, ample cabinet space, and a window that offers a serene backyard vista. Each of the three bedrooms have walk-in closets and plush carpet flooring, ensuring a cozy and private space for everyone. The primary bedroom is spacious and complete with an en-suite bathroom for added luxury. Step outside to the backyard, where the promise of outdoor living awaits. A generous patio provides the ideal stage for outdoor dining and gatherings, while the shed offers convenient storage for garden tools and equipment. The expansive outdoor area, sheltered by mature trees, offers limitless possibilities for activities, relaxation, and observing the local deer and wildlife. This home's ideal location off the 183 corridor enhances its appeal with easy commuting options throughout the town.
Property Type
Residential
Year Built
1978
Lot Size
0.43 acres
$/Sq Ft
$368
Listed by Allure Real Estate
Verified property facts
7706 Penelope Cir is listed at $575,000 with 3 bedrooms, 2 full bathrooms, 1,563 square feet, 0.43-acre lot.
7706 Penelope Cir is zoned for Round Rock ISD with assigned schools: Laurel Mountain (10/10) (elementary), Canyon Vista (9/10) (middle), Westwood (9/10) (high). School assignments should be verified directly with the district.
7706 Penelope Cir is in Northwest Hills, Austin, Texas. See the full [Northwest Hills neighborhood guide](/neighborhoods/northwest-hills-austin) for market data, schools, and lifestyle details.
7706 Penelope Cir is a Residential built in 1978 featuring 3 bedrooms, 2 full bathrooms, 1,563 square feet, 0.43-acre lot.
7706 Penelope Cir 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
Property Details
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 |
|---|---|---|---|---|
2025-29.6% | — | $542,609 | — | — |
2024-9.8% | — | $770,403 | $500,000 | $295,006 |
2023+83.0% | — | $854,478 | $500,000 | $270,403 |
2022 | — | $467,050 | $500,000 | $354,478 |

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% ($115K)
$575,000
Luxury property intelligence
A sourced read on Northwest Hills pricing, timing, and property scale. No automated valuation claim.
List price
$575,000
Price per sqft
$368/sqft
Vs. Northwest Hills median
-51.5%
$1.2M median
Days on market
810 days
Original to current
No verified reduction
$575K original
Active inventory context
20 listings
Price Position in Northwest Hills
Listed 51% below the Northwest 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 Northwest Hills
Active listings and buyer search context in Northwest Hills
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
7706 Penelope Cir is priced at $368 per square foot across 1,563 sqft. The Northwest Hills median list price is $1,185,050.
With 20% down ($115,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 7706 Penelope Cir is around $4,038 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $575,000, 7706 Penelope Cir is in the Northwest Hills market where there are currently 60 active listings in 78759. The Keenan Group has completed 35 transactions in 78759 as part of 1,000+ career sales totaling $1B+ across Austin. For a detailed market analysis, see our [Northwest Hills guide](/neighborhoods/northwest-hills-austin).
7706 Penelope Cir was built in 1978 (48 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 Round Rock ISD in the 78759 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)
7 events on record
Current Price
$575,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-29.6% | — | $542,609 | — | — |
2024-9.8% | — | $770,403 | $500,000 | $295,006 |
2023+83.0% | — | $854,478 | $500,000 | $270,403 |
2022 | — | $467,050 | $500,000 | $354,478 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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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