5932 Highland Hills DR, Austin, TX — photo 1
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This home is under contract and no longer accepting offers. The price below is the last listed price, kept for reference only — if the deal falls through it may return to the market.

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Last listed price
$995,000
4 beds3 baths2,551 sqft

5932 Highland Hills DR, Austin TX 78731

MLS #241937481 · Compass RE Texas, LLC · Heather Powell

Residential
Built in 1967
0.26 Acres Lot
$390/sqft

About this home

A fresh opportunity in Northwest Hills, this modern three-story home is tucked into the trees above Highland Hills and offers privacy, architectural character, and a flexible blueprint for its next chapter. With clean lines, mature trees, multiple decks, and west-facing sunset views, the home has the kind of setting and structure that is hard to recreate in Central Austin. Inside, maple floors, natural light, treetop views, and open living spaces create a warm foundation for everyday living, entertaining, and future updates. The main level features generous gathering areas and an entertainer’s kitchen, with decks that extend the living space outdoors and capture beautiful evening light. The top-floor primary suite feels private and elevated, with peaceful views and a spacious deck overlooking the trees. Three additional bedrooms are located on the lower level, offering flexibility for family, guests, work-from-home needs, creative space, or a more private multi-generational layout. Major improvements are already in place, including new HVACs and a 2025 roof, giving buyers a strong starting point for cosmetic updates or a more personalized renovation over time. Multiple living areas, generous storage, a detached two-car garage, and ample parking add practical value to the home’s modern design. Zoned to sought-after Highland Park Elementary and centrally located near downtown Austin, Loop 360, Central Market, H-E-B, the Dell JCC, local shops, restaurants, parks, and trails, this Northwest Hills home is ready for new vision, fresh energy, and its next lucky owner.

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1967
Full baths
3
Lot size
0.2596
Subdivision
Highland Hills Sec 05 Ph 02
MLS area
1A
MLS #
241937481

Features

Interior features

  • Bookcases
  • Breakfast Bar
  • Ceiling Fan(s)
  • Quartz Counters
  • French Doors
  • High Speed Internet
  • Interior Steps
  • Kitchen Island
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Recessed Lighting
  • Smart Thermostat

Exterior features

  • Balcony
  • Uncovered Courtyard
  • See Remarks

Additional details

Parking
Driveway, Garage, Garage Door Opener, Garage Faces Front
Garage spaces
2
Roof
Flat Tile
Foundation
Pillar/Post/Pier, Slab
Annual tax
$16,565

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Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Highland Park
Middle
Lamar (Austin ISD)
High
McCallum

See Austin ISD schools & boundaries →

Market insights

Compared with 214 active homes in ZIP 78731 · HomeLocating listings

Area median price
$1,099,999.5
This home vs. median
10% below
Homes with a price cut
35%

At $995,000, this home is priced 10% below the $1,099,999.5 median across 214 active homes in ZIP 78731.

Estimated monthly payment

$6,826/mo
Principal & interest$5,031/mo
Property taxes
Home insurance (est.)

Home price

$995,000

Down payment

20% ($199,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Compass RE Texas, LLC · Heather Powell

Listing data last updated Aug 26, 2026, 5:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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