Active Listing  ·  75 days on market

5801 Valley Cir

Austin, TX 78731
$1,975,000
5 Bed 4 Bath 3,920 sqft $504/sqft Built 1985 0.56 acres Pool Northwest Hills Sec 02

Set among the trees in Austin’s coveted Cat Mountain neighborhood, this architecturally distinctive 3,920-square-foot residence offers a rare blend of privacy, modern design, Hill Country views, and effortless indoor-outdoor living. Ideally located off RR 2222, northeast of the Colorado River, the home is surrounded by mature oaks and thoughtful landscaping, creating a private hillside retreat in one of Northwest Hills most desirable enclaves.

Designed by Merzbau Design Collective / J.C. Schmeil, AIA, and featured on the 2020 AIA Austin Homes Tour, the residence showcases refined modern architecture, walls of glass, expansive decks, a pool, and a seamless connection to its natural surroundings. Updated and meticulously maintained by the same family for nearly two decades, the home offers five bedrooms, four bathrooms, two living areas, and a dedicated private office.

The multi-level floor plan adds both architectural interest and everyday functionality, with a lower level featuring a spacious bunk room suite and a large office with private exterior access. Inside, dramatic floor-to-ceiling windows frame the trees and views, while oak hardwood floors, high-end windows, stone and siding exterior details, and striking ironwork add warmth, texture, and character throughout.

Outside, the professionally landscaped grounds, pool, multiple decks, and private outdoor living spaces create an exceptional setting for entertaining, relaxing, and enjoying Austin’s peaceful hillside lifestyle.

A rare opportunity in Central Austin offering privacy, views, architectural pedigree, nature, close proximity to downtown, Lake Austin, and The Domain and zoned to Highland Park Elementary and walkable to St. Theresa's Blue Ribbon school.

At $504/sqft, this home is priced 29% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

5801 Valley Cir, Austin, TX 78731

Property Details

Price $1,975,000
Status Active Listing
Beds 5
Full Baths 4
Half Baths ,
Living Area 3,920 sqft
Lot Size 0.56 acres (24,236.78 sqft)
Year Built 1985
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Northwest Hills Sec 02
County Travis
Zip Code 78731
$/sqft $504/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $28,679.85
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT230839405
List Date May 21, 2026
Elementary School Highland Park
Middle School Lamar (Austin ISD)
High School McCallum
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 21, 2026 $2,000,000
Current ask $1,975,000
Reduced $25,000 (-1.3%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1011 Castile Rd
AUSTIN LAKE HILLS SEC 3
$1,969,000 $499 5 bd / 5 ba 3,943 sqft , 2026-06-09
3100 Garwood St
Chernosky 11
$1,985,000 $695 4 bd / 4 ba 2,856 sqft , 2026-02-26
2706 Pearce Rd
Manana West
$1,995,000 $418 5 bd / 6 ba 4,775 sqft , 2025-12-05
310 Bella Montagna Cir
Bella Montagna
$1,995,000 $417 5 bd / 5 ba 4,779 sqft , 2026-03-24
1914 E 8th St
Grandview Place
$1,995,000 $570 6 bd / 5 ba 3,500 sqft , 2026-05-15

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$9,480/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$395,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$9,480
Principal + Interest−$10,778
Property Tax (~2.1% TX avg)−$3,456
Insurance (~0.5%)−$823
Est. Monthly Cash Flow $-5,577

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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