5507 Oakwood CV # 2, Austin TX 78731

Austin, TX 78731 | Oakwood Hollow Condo

Ed's Opinion of Value

$311,148 Ed's Estimate: $554,529 $4,725,000
Lowest Comp Recommended List: $543,000 to $566,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $554,529. To generate strong buyer interest while maximizing value, I'd price this between $543,000 and $566,000. Against 6 similar active listings in OAKWOOD HOLLOW CONDO, this price point lands at the most affordable of 6 comparable homes on the market. The larger floor plan (692 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2000 construction puts this home 16 years newer than the comp average, a factor in the pricing. With 6 similar homes currently listed in OAKWOOD HOLLOW CONDO (a balanced market), competition is a factor to consider. The trend in 78731 shows prices have risen 20.4% in the past 6 months. 5603 Oakwood CV # 212, Austin TX 78731 nearby adjusts to $579,070; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths 3 Full
2,256 Sq Ft
0.2 Acres
2000 Built
2 Garage

About This Property

Reintroduced at a NEW PRICE with FRESH STAGING, this condominium offers a thoughtful blend of modern living and serene views of the Bright Leaf Nature Preserve. Spanning 2,256 square feet and featuring a primary suite on the main level that overlooks wildlife, providing a tranquil and private retreat. The open-concept living area features updated flooring, cozy fireplace and a sleek, white kitchen with a breakfast bar and fresh appliances, creating a welcoming space for casual gatherings and entertaining. Also upstairs is the large garage for added convenience and accessibility. Downstairs, you’ll find secondary bedrooms, a secondary living area, an office, and ample closet storage.

The home offers gorgeous views of the Nature Preserve from windows and both of its spacious balconies. Each floor of the home offers its own patio, providing private outdoor spaces to enjoy the fresh air and beautiful surroundings. Easy access to the grass space and grounds makes walking the dog easy. Just steps away from the front door is a pool maintained by the HOA, where you can effortlessly cool off from the Texas heat and entertain loved ones, also surrounded by nature.

Centrally located with easy access to both Mopac and Loop 360, this home is ideal for those who love exploring all that Austin has to offer. Zoned to highly acclaimed Highland Park Elementary, Lamar Middle School, and McCallum High School, offering further value to the property.

Whether you’re seeking a lock-and-leave lifestyle or proximity to nature, don’t miss this opportunity to see this unique condominium in this serene, sought-after community.

Property Highlights

View Hill Country, Trees/Woods

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Double Vanity
  • Interior Steps
  • Multiple Living Areas
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

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

Property Details

Property Type Residential
Construction Stone Veneer
Roof Composition
Foundation Slab
Levels Two
Flooring Tile, Wood
Cooling Central Air
Heating Central, Electric
Fireplace Living Room
Exterior Gutters Full
County Travis
MLS # 8330306
Garage 2 spaces (Attached)
Parking 2 spaces: Attached, Door-Single
Windows Drapes
Security Security System Owned

Lot, Outdoor & Utilities

Lot Features Back to Park/Greenbelt, Sprinkler - Automatic, Sprinklers In Front, Trees-Large (Over 40 Ft)
Patio & Porch Covered, Patio
Water Public
Sewer Public Sewer
Utilities Electricity Connected, Sewer Connected, Water Connected

HOA & Community

HOA Fee $500 /Monthly
HOA Name Oakwood HOA
HOA Includes Common Area Maintenance, Trash, Water
Community Features Common Grounds, Pool

Tax Information

Annual Taxes (MLS) $10,860 (2025)
Assessed Value $668,082
Exemptions Homestead

Listing History

MLS# 8330306 139 days
Mar 16, 2026 Off Market
Jan 21, 2026 Price Change $695,000
Aug 11, 2025 Listed $715,000

Frequently Asked Questions About 5507 Oakwood CV # 2, Austin TX 78731

When was 5507 Oakwood CV # 2, Austin TX 78731 built?

5507 Oakwood CV # 2, Austin TX 78731 was built in 2000. It is stone veneer construction with 2,256 square feet on a 0.2 acre lot.

How much does 5507 Oakwood CV # 2, Austin TX 78731 cost?

5507 Oakwood CV # 2, Austin TX 78731 sold on March 16, 2026. Contact us for sale price details.

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