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Walnut Hills, TX Real Estate

2 listings found

Walnut Hills is an established Austin neighborhood tucked into the northeast corridor of the city, where tree-lined streets and a mix of residential styles give the area a grounded, lived-in character that newer master-planned communities rarely replicate. Served entirely by Austin ISD, the neighborhood draws buyers who want proximity to downtown without the density of central Austin, and investors who recognize the area's long-term value in one of Texas's fastest-growing metros. The community spans several platted sections developed across different eras, resulting in a range of home sizes, lot configurations, and price points that keeps the market accessible and diverse. Whether you are buying your first home, adding a rental to your portfolio, or simply looking for established Austin roots at a reasonable entry point, Walnut Hills delivers a compelling case. Neighborhoods | Schools | Market Overview | Getting Around | Lifestyle | FAQs

$649,000 Median Price
153 Avg Days on Market
1 Active Listings
For Sale For Rent Land Farms & Ranches
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3 bed, 1 bath, residential lease at 6301 Arnold DR # A, Austin TX 78723, Austin TX For Lease 25 photos
$2,300/mo
3 bd 1 ba 1,264 sqft
6301 Arnold DR # A, Austin TX 78723 Austin, TX 78723
16.1 mi away
3 bed, 2 bath, residential lease at 3209 Carol Ann DR, Austin TX 78723, Austin TX For Lease 19 photos
$2,175/mo
3 bd 2 ba 1,202 sqft
3209 Carol Ann DR, Austin TX 78723 Austin, TX 78723
16.2 mi away

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Recent Sales in This Area

See what homes have recently sold nearby

3 bed, 2 bath, residential at 6203 Breeze WAY, Austin TX 78723, Austin TX Off Market
Sold Dec 2025
3 bd 2 ba 1,846 sqft
6203 Breeze WAY, Austin TX 78723 Austin, TX 78723
4 bed, 2 bath, residential lease at 2904 Northeast DR, Austin TX 78723, Austin TX Off Market
Sold Dec 2025
4 bd 2 ba 1,722 sqft
2904 Northeast DR, Austin TX 78723 Austin, TX 78723
3 bed, 2 bath, residential lease at 3109 Jack Cook DR, Austin TX 78723, Austin TX Off Market
Sold Dec 2025
3 bd 2 ba 2,929 sqft
3109 Jack Cook DR, Austin TX 78723 Austin, TX 78723
2 bed, 2 bath, residential lease at 3211 Northeast DR, Austin TX 78723, Austin TX Off Market
Sold Dec 2025
2 bd 2 ba 1,344 sqft
3211 Northeast DR, Austin TX 78723 Austin, TX 78723
3 bed, 2 bath, residential at 3305 Carol Ann DR, Austin TX 78723, Austin TX Off Market
Sold Nov 2025
3 bd 2 ba 1,584 sqft
3305 Carol Ann DR, Austin TX 78723 Austin, TX 78723

About Walnut Hills, TX Real Estate

Neighborhoods & Subdivisions in Walnut Hills

Walnut Hills in Travis County is made up of several distinct sections that were platted and developed at different points in Austin's growth, which means buyers encounter a genuine variety of home styles rather than cookie-cutter uniformity. Walnut Hills Section 2 tends to feature some of the larger lots in the area, appealing to buyers who want a bit more space between neighbors. Walnut Hills Section 4 is one of the more active parts of the neighborhood, with a solid mix of single-family homes that have attracted renovation activity over the years. Walnut Hills Section 5 and the original Walnut Hills plat round out the community with additional options that range from move-in-ready bungalows to properties with genuine upside for buyers willing to put in work.

The multi-section layout means that Walnut Hills does not have one uniform identity. Some blocks feel quietly suburban; others are more urban in character given their proximity to major Austin corridors. That variety is part of what makes the neighborhood interesting for buyers approaching the Austin market with flexibility in mind.

The neighborhood also has a small but active residential income presence, which signals that investors have recognized Walnut Hills as a strong hold. MDA Development has brought at least one new construction project to the area, a sign that builders are beginning to pay attention to land values here as Austin continues to push outward.

Schools in Walnut Hills

Walnut Hills is zoned to Austin ISD, the largest school district in Central Texas. Depending on where a property sits within the neighborhood, students may be assigned to Andrews Elementary, Harris Elementary, or Winn Elementary for their primary years. At the middle school level, Bertha Sadler Means Young Women's Leadership Academy, Pearce Middle School, and Webb Middle School serve the area, with each school offering distinct academic programs within the AISD framework.

High school students from Walnut Hills are primarily zoned to Lyndon B. Johnson High School, one of Austin ISD's storied campuses with a long history in the northeast part of the city. Northeast Early College High School is another option in the area, offering students the opportunity to earn college credit alongside a traditional high school diploma. Austin ISD also maintains a robust magnet and choice program system, so families interested in specialized curriculum paths have additional options beyond their default assignment.

Buyers who want to understand current school boundaries and program availability should verify directly with Austin ISD, as attendance zones do shift periodically as the district manages enrollment across its campuses.

Real Estate Market Overview

Walnut Hills occupies an interesting position in the broader Austin area homes for sale landscape. It is not a luxury pocket, but it is not a distressed area either. The neighborhood sits in what longtime Austin agents would describe as the honest middle of the market: established homes with real bones, on real lots, in a real city. That combination tends to attract buyers who have done their homework on Austin's market cycles and understand that neighborhoods with this profile have historically held value well even through corrections.

The mix of property types available in Walnut Hills is broader than most single-family neighborhoods. Beyond owner-occupied residences, the area sees residential lease activity and residential income properties, which points to a neighborhood where the rental market is active. Land listings also surface occasionally, giving builders and developers a path to bring new product to a location that is already well inside the Austin city limits.

Buyers working with Neuhaus Realty Group on Walnut Hills properties benefit from agents who understand the nuances between sections, the renovation history of specific blocks, and how to evaluate older Austin homes that may carry deferred maintenance alongside genuine long-term value.

Getting Around Walnut Hills

Northeast Austin has seen significant infrastructure investment over the past decade, and Walnut Hills sits in a part of the city with solid connectivity to major employment corridors. Cameron Road, Airport Boulevard, and East 51st Street all run through or near the area, providing multiple routes toward downtown Austin and the University of Texas campus. The Texas 183 corridor is nearby, giving residents a highway option for reaching the tech employment clusters along the North MoPac and Domain corridors.

Capital Metro bus service operates through the northeast Austin grid, making Walnut Hills more transit-accessible than many suburban communities at similar price points. For residents who commute to downtown Austin, the drive via Airport Boulevard or the MLK Boulevard corridor typically runs well under 20 minutes outside of peak rush windows, though like all Austin commutes, that number climbs during the morning and afternoon peaks.

Austin-Bergstrom International Airport is a genuine convenience for Walnut Hills residents. The airport sits southeast of the neighborhood and is reachable in roughly 15 to 20 minutes, a meaningful advantage for frequent travelers that is easy to take for granted until you have lived somewhere farther from the airfield.

Lifestyle in Walnut Hills

Living in Walnut Hills means living in Austin proper, with all of the cultural access that comes with a real city address rather than a suburb. The northeast Austin dining scene has grown substantially over the past several years, with East Cesar Chavez, the Mueller district, and the stretch along Airport Boulevard all adding restaurants, coffee shops, and small retail that would have been hard to imagine in this part of town a decade ago.

Patterson-Utley Park and the broader northeast Austin park system give residents access to green space within a short drive, and the proximity to the Boggy Creek Greenbelt trail system is a draw for residents who want running and cycling routes accessible from the neighborhood. Mueller Lake Park, one of Austin's most popular urban parks, is close enough to reach without getting on a highway.

The neighborhood's location within Austin city limits also means residents have access to Austin Energy, Austin Water, and city services that suburban addresses in Williamson or Hays counties do not always include at the same level. For buyers who have weighed outer-ring suburban options against an in-city address, Walnut Hills often represents a compelling case for staying inside the loop.

Frequently Asked Questions

What school district serves Walnut Hills?
Walnut Hills is zoned entirely to Austin ISD. Elementary school assignments vary by address and may include Andrews, Harris, or Winn Elementary. Middle school options include Bertha Sadler Means Young Women's Leadership Academy, Pearce Middle School, and Webb Middle School. High school students are primarily zoned to LBJ High School or may have access to Northeast Early College High School. Always confirm current boundaries with Austin ISD directly before purchasing.
How far is Walnut Hills from downtown Austin?
Walnut Hills is located in northeast Austin, roughly 5 to 8 miles from downtown depending on which part of the neighborhood you start from. The drive via Airport Boulevard or East 51st Street typically takes 15 to 20 minutes outside of peak hours. Capital Metro bus service in the area also provides a transit option for commuters who prefer not to drive.
Is Walnut Hills a good neighborhood for investment properties?
Walnut Hills has an active residential lease and residential income market, which signals that investors have found the area worth holding. The neighborhood's location inside Austin city limits, proximity to employment centers, and below-average entry price compared to many Austin submarkets make it a target for buyers looking at long-term appreciation alongside rental income potential. As always, property condition and specific block matter in any investment decision.
What are property taxes like in Walnut Hills?
Walnut Hills sits in Travis County, where effective property tax rates typically run in the range of 1.8 to 2.2 percent of assessed value annually. Austin ISD's tax rate is one component of that combined rate, alongside Travis County and City of Austin levies. Texas does not have a state income tax, so property taxes tend to run higher than in states that collect income tax. Always verify the current rate with Travis CAD for any specific property.
Are there new construction homes available in Walnut Hills?
New construction in Walnut Hills is limited but present. MDA Development has brought at least one new construction project to the area, and land parcels do come to market occasionally, indicating builder interest in the neighborhood. For buyers who want new construction in the broader Austin northeast corridor, the Walnut Hills area is one of several established neighborhoods where infill development is gradually adding new inventory alongside the existing resale stock.
How does Walnut Hills compare to other northeast Austin neighborhoods?
Walnut Hills offers a multi-section layout that gives buyers more options than many single-plat neighborhoods, with a range of lot sizes and home configurations across its different sections. Compared to newer master-planned communities farther from the city core, Walnut Hills trades some of the amenity package for a genuine in-city address and shorter commutes. Buyers considering the broader northeast Austin market often look at Walnut Hills alongside nearby established neighborhoods as they weigh price point, location, and property condition.
What types of homes are available in Walnut Hills?
The Walnut Hills neighborhood includes a mix of single-family residences on individual lots, residential income properties, and occasional land parcels. Homes in the area tend to reflect northeast Austin's mid-century and later development patterns, with ranch-style and traditional layouts predominating. Section 2 of the neighborhood tends toward larger lots, while other sections offer more compact footprints. The neighborhood's age means buyers will find both move-in-ready homes and properties with renovation potential.
Does Walnut Hills have a homeowners association?
Most of the Walnut Hills sections do not carry a mandatory HOA, which is common for established Austin neighborhoods platted before HOA governance became standard practice. Buyers should confirm HOA status on any specific property with their agent, as infill new construction or specific sections may have different requirements. The absence of a mandatory HOA means fewer monthly fees but also less centralized management of common standards within the neighborhood.
Ed Neuhaus, Austin Realtor

Ed Neuhaus

Broker / Owner, Neuhaus Realty Group · TREC #593057

Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.

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Listing data provided by ACTRIS MLS. Information deemed reliable but not guaranteed. © 2026 Austin Central Texas Realty Information Service.

Ed Neuhaus

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