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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
This property has sold on October 27, 2022. Looking for something similar? Contact us or browse available homes.
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$740,000
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Stunningly updated home in Northwest Terrace Section of North Shoal Creek Estates is move-in ready & better than ever! This 1,627 SF single-story home sits on an oversized lot & features 3 bedrooms & 2 full bathrooms. Entire interior has been freshly painted including all cabinetry & doors. Newly installed LVP flooring, designer fixtures, recessed lighting, and LOW-E windows allow for an abundance of natural light. Kitchen features granite countertops, stainless steel appliances, and breakfast area with large pantry. Formal dining area is open to an area that could be used as a second living area, home office, play area, etc…complete with oversized picture windows. Cozy family room with inviting gas log fireplace is open to the kitchen & backyard. Oversized primary bedroom suite complete with updated shower & walk-in closet. Two additional bedrooms provide space for guest accommodations and/or an office & share the recently remodeled full bath complete with soaking tub. Relax & entertain on the deck/pergola in the large private backyard which overlooks the custom-built tree house & other large mature trees. Potting/storage shed along with raised, irrigated garden beds make for incredible gardening. Cedar-lined closet in the garage (not included in SF) is fitted with Elfa shelving. Top-of-the-line Carrier HVAC Energy Certified System installed in 2021 along with Rheem tankless hot water heater. New roof in 2018. Google Fiber access, RING doorbell, and pre-wired security system. Easy living in the Heart of Austin. Minutes to Downtown Austin, the Domain, Q2 Soccer Stadium, major tech hubs, local shopping/dining/entertainment and much more. Convenient access to MoPac 1, Hwy 183, Lp 360, 45 Toll & I-35. Don’t miss this incredible opportunity!
Property Type
Residential
Year Built
1971
Lot Size
0.20 acres
$/Sq Ft
$455
Listed by Realty Austin - Headquarters
Verified property facts
8700 Melshire Dr is listed at $740,000 with 3 bedrooms, 2 full bathrooms, 1,627 square feet, 0.20-acre lot. This places it above the 78757 median of $732,500.
8700 Melshire Dr is zoned for Austin ISD with assigned schools: Pillow (6/10) (elementary), Burnet (Austin ISD) (middle), Anderson (7/10) (high). School assignments should be verified directly with the district.
8700 Melshire Dr is a Residential built in 1971 featuring 3 bedrooms, 2 full bathrooms, 1,627 square feet, 0.20-acre lot.
8700 Melshire Dr 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.
With 20% down ($148,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 8700 Melshire Dr is around $5,196 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#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 |
|---|---|---|---|---|
2025-12.5% | — | $577,628 | — | — |
2024-9.7% | — | $659,894 | $325,000 | $198,251 |
2023+45.3% | — | $730,775 | $325,000 | $334,894 |
2022 | — | $503,013 | $400,000 | $330,775 |
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% ($148K)
$740,000
Luxury property intelligence
A sourced read on Northwest Terrace Sec 03 pricing, timing, and property scale. No automated valuation claim.
List price
$740,000
Price per sqft
$455/sqft
Vs. Northwest Terrace Sec 03 median
Not available
Days on market
1,374 days
Original to current
No verified reduction
$740K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $740,000, 8700 Melshire Dr is in the Northwest Terrace Sec 03 market where there are currently 81 active listings in 78757. The Keenan Group has completed 17 transactions in 78757 as part of 1,000+ career sales totaling $1B+ across Austin.
8700 Melshire Dr was built in 1971 (55 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.
7 events on record
Current Price
$740,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.5% | — | $577,628 | — | — |
2024-9.7% | — | $659,894 | $325,000 | $198,251 |
2023+45.3% | — | $730,775 | $325,000 | $334,894 |
2022 | — | $503,013 | $400,000 | $330,775 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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