$945,000
NAL Estimated Property Value5517 Oakwood CV 1, Austin, TX, 78731
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Every window in this spacious home looks into thickly wooded forest. Includes three living levels & basement. Because the home steps down a hillside into the Bright Leaf Nature Preserve each level has outdoor access. Extensively renovated & added to in 2015. Stunning main living areas expand the entire first floor with vaulted ceilings, wall of built-ins, fireplace, gourmet kitchen, extensive built-ins, large walk-in pantry Wood, travertine & stone floors & counters. Private Elevator access to all floors.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes
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Learn About the Market: Opportunity in Austin




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Austin
Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.
From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.
Population Growth
~0.4%
Net Migration
Positive
Median Home Price
$555,300
Unemployment Rate
3.20%
Price Trend
~0.4% YoY growth
New Permits
2,269 units
City: Austin
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