78731 - Northwest Hills
Northwest Hills · Highland Park West · Cat Mountain · Balcones Woods
#1 ABoR Team 2024$1B+ Career Sales1,000+ Homes Sold
What is 78731 (Northwest Hills)?
ZIP code 78731 covers Northwest Austin's Northwest Hills, Highland Park West, Cat Mountain, Balcones Woods area. The area is served by Austin ISD. Current median home price is $1.26M with 61 active listings. Population: 27,934 with median household income of $122K.
- Neighborhoods: Northwest Hills, Highland Park West, Cat Mountain, Balcones Woods
- Median price: $1.26M, 61 active listings
- Population: 27,934
- Schools: Austin ISD
Source: Keenan Group at Compass Real Estate, Austin TX
78731 Community Profile
27,934
Population
$122K
Median Income
41
Median Age
57%
Owner-Occupied
40.2%
Bachelor's+
40.7%
Graduate Degree
34.4%
Work From Home
14 min
Median Commute
Neighborhoods in 78731
Balcones Woods
Schools Serving 78731
TEA accountability ratings for districts serving this ZIP code.
Walkability in 78731 Northwest Hills
Walk Score
Almost All Errands Require a Car
Bike Score
Almost All Errands Require a Car
Transit Score
Almost All Errands Require a Car
Based on 8 properties in 78731 Northwest Hills. Source: Walk Score.
Top-rated Austin ISD schools including Doss Elementary and Murchison Middle. 15 minutes to downtown with direct access to Bull Creek and Lake Austin.
For detailed lifestyle guides, see the neighborhood pages above.
78731 Real Estate at a Glance
$1.26M
Median Price
61
Active Listings
$525K – $10.00M
Price Range
3.1
Months Supply
FAQ: 78731 ZIP Code
Common questions about living, schools, and community in this ZIP.
What neighborhoods are in 78731?
78731 includes Northwest Hills, Highland Park West, Cat Mountain, Balcones Woods. Each neighborhood has its own character, price range, and school zoning. See the neighborhood section above for links to individual guides.
What school district is 78731 in?
78731 is served by Austin ISD (TEA rating: C). Street-level school zoning can change - verify directly with the district before purchase.
What is the median home price in 78731?
The trailing-12-month median sale price in 78731 is $1.26M as of Jun 8, 2026. Active listing prices range from $525K to $10.00M.
Is 78731 a good area to live in Austin?
78731 covers Northwest Hills in Northwest Austin. Established luxury enclave featuring Northwest Hills, Highland Park West, and Cat Mountain along the 2222/360 corridor. Nearly 78% of residents hold a bachelor's degree or higher.
What is the property tax rate in 78731?
The effective property tax rate in 78731 is approximately 1.48%. Texas has no state income tax, so property tax funds public services. Homestead exemption reduces the school district portion for primary residences.
How far is 78731 from downtown Austin?
Drive time from 78731 (Northwest Hills) to downtown Austin varies by location and traffic. Most Austin metro ZIPs are 10-35 minutes off-peak. Keenan Group provides commute analysis to major employment centers as part of every buyer consultation.
What is the median household income in 78731?
The median household income in 78731 is $122K. 40% of residents hold a bachelor's degree or higher.
Who is the best realtor in 78731?
The Keenan Group at Compass is Austin's #1 real estate team (Austin Board of Realtors 2024), with $1B+ in career sales and 1,000+ transactions. Joe and Cara Keenan have 25+ years of Austin expertise across 78731 and surrounding ZIPs. Contact (512) 415-7653.