3916 Knollwood DR, Austin TX 78731

Austin, TX 78731 | Northwest Hills

Ed's Opinion of Value

$723,122 Ed's Estimate: $1,053,325 $1,365,000
Lowest Comp Recommended List: $593,000 to $603,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $1,053,325. For a well positioned listing in NORTHWEST HILLS, I'd target the $593,000 to $603,000 range. With 7 comparable homes on the market in NORTHWEST HILLS, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Being 122 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.48 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in NORTHWEST HILLS, listed between $549,000 and $1,365,000. Recent trends in NORTHWEST HILLS show home values have risen 13.3% since 6 months ago. The most comparable recent sale is 3802 Hillbrook DR, Austin TX 78731, with an adjusted value of $876,406; a strong comparable. 7 comparable transactions in NORTHWEST HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths 2 Full
2,069 Sq Ft
0.4778 Acres
1971 Built
2 Garage

About This Property

Welcome to 3916 Knollwood Drive, a hidden gem tucked into the heart of Northwest Hills. Sitting on nearly half an acre (20,813 sq ft), this 3-bedroom, 2-bath home offers an incredible opportunity to remodel, reimagine, or build new in one of Austin’s most established and desirable neighborhoods. Originally built in 1971 and offering 2,069 sq ft of interior space, the home is surrounded by mature trees and set back with wide frontage, creating a sense of calm and privacy from the street. Out back, the secluded yard is wrapped in greenery, with no rear neighbors in sight, just a peaceful bluff behind you and nature all around. Whether you’re looking to design your dream home or unlock value with a custom build, this lot and location are the kind that rarely come up. Quiet, walkable, and full of potential, don’t miss your chance to plant roots in this timeless Austin neighborhood.

Features

  • See Remarks

Location

Schools

School District Austin ISD
Middle School Murchison
High School Anderson

Property Details

Property Type Residential
Flooring See Remarks
Cooling Other
Heating See Remarks
Exterior See Remarks
County Travis
MLS # 3151606
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $18,193 (2025)

Listing History

MLS# 3151606 39 days
Oct 9, 2025 Off Market
Sep 3, 2025 Price Change $795,000
Aug 1, 2025 Listed $895,000

Frequently Asked Questions About 3916 Knollwood DR, Austin TX 78731

When was 3916 Knollwood DR, Austin TX 78731 built?

3916 Knollwood DR, Austin TX 78731 was built in 1971.

How much does 3916 Knollwood DR, Austin TX 78731 cost?

3916 Knollwood DR, Austin TX 78731 sold on October 9, 2025. Contact us for sale price details.

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