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Mount Bonnell Homes for Sale

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  • /40

    $7,950,000

    $2M PRICE DROP
    • 6 Beds
    • 8 Baths
    • 8,286 Sq Ft

    4407 Island Cove, Austin, TX 78731

    Seller is open to creative consideration including pre-IPO equity in select 2026 IPO candidates. Inquire for details. Prime Waterfront Location - situated in the gated Island at Mount Bonnell community on a private cul-de-sac, this property has direct access to Lake Austin, offering breathtaking water views and endless opportunities for boating, paddleboarding, and lakeside relaxation. No expense

    Agent Photo

    Lee Abraham

    eXp Realty LLC

    4407 Island Cove, Austin, TX 78731
  • /24

    $8,490,000

    • Land
    • 5.93 Acres
    • $1,431,703 per Acre

    4323 Mount Bonnell Rd, Austin, TX 78731

    Perched atop one of the most iconic elevations in Central Austin, The Ridge at Mount Bonnell presents a rare opportunity to craft a world-class estate on nearly six acres of private, blufftop land. With panoramic views over Lake Austin and a front-row seat to the Pennybacker Bridge, this one-of-a-kind homesite offers a setting that’s as awe-inspiring as it is exclusive. Located within minutes of

    Bridget Ramey Kuper Sotheby's Int'l Realty

    4323 Mount Bonnell Rd, Austin, TX 78731
  • /32

    $1,575,000

    $100K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 3,698 Sq Ft

    4307 Waterford Place, Austin, TX 78731

    This home is one of the lowest priced per sf in all of the 1B listing area! Surrounded by multi-million dollar homes, perched on a large lot, in a cul-de-sac, noteworthy schools, on the high side of the street, backing to the 200 acre Bright Leaf Preserve, newer roof, recently resurfaced pool and views of the hill country-this home is a TREMENDOUS value. This incredibly serene and spacious home

    Elizabeth Adams Urbanspace

    4307 Waterford Place, Austin, TX 78731

Why Live in Mount Bonnell

Mount Bonnell blends sweeping Hill Country views with access to Lake Austin, creating one of Austin’s most scenic neighborhoods. Anchored by the iconic Covert Park at Mount Bonnell landmark, the area has attracted visitors since the 1830s. A climb up the limestone staircase leads to panoramic views of Lake Austin, rolling hills and the downtown skyline, making it a favorite destination for sunsets and picnics. The neighborhood’s winding roads and elevated terrain are lined with large custom homes, many designed in Spanish, Mediterranean or contemporary styles. Properties often include expansive terraces, pools and lake views, and some offer private boat docks along Lake Austin. Locals can boat, fish and swim in Lake Austin, while nearby Mayfield Park and Nature Preserve offers gardens, shaded walking trails and the famous roaming peacocks that have lived there for generations. Kids are served by the Austin Independent School District, including highly rated Casis Elementary School. The private Rawson Saunders School nearby supports students with dyslexia. Nearby Balcones Drive provides restaurants, a grocery store and other everyday conveniences, while the MoPac Expressway offers relatively quick access to downtown, situated roughly 5 miles away.

Mount Bonnell Home Prices vs. Nearby Austin, TX Neighborhoods

Mount Bonnell Rollingwood Barton Creek Westlake
Median Home Price
$3,850,000
$3,920,000
$2,750,000
$2,795,000
Median Sale Price
$3,400,000
+47% YoY
$3,500,000
+26% YoY
$2,682,500
+13% YoY
$2,320,000
+5% YoY
Median Single Family Price
$3,400,000
$3,520,000
$2,799,500
$2,612,500
Total Active Listings
2
5
31
68
Market Conditions
8 Months of Supply
Buyer's Market
3 Months of Supply
Seller's Market
6 Months of Supply
Buyer's Market
6 Months of Supply
Buyer's Market

Frequently Asked Questions

Is Mount Bonnell a good place to live?
Mount Bonnell is a good place to live. Mount Bonnell is considered car-dependent and somewhat bikeable with minimal transit options. Mount Bonnell is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Mount Bonnell has 8 parks for recreational activities. It is sparse in population with 2.0 people per acre and a median age of 52. The average household income is $216,557 which is above the national average. College graduates make up 82.9% of residents. A majority of residents in Mount Bonnell are home owners, with 9% of residents renting and 91% of residents owning their home. A local real estate agent serving Mount Bonnell can help you decide if this neighborhood is the right one for you. Learn more on our Mount Bonnell neighborhood guide.
Is Mount Bonnell, TX a safe neighborhood?
Mount Bonnell, TX is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Mount Bonnell?
The median home price in Mount Bonnell is $3,850,000. If you put a 20% down payment of $770,000 and had a 30-year fixed mortgage with an interest rate of 6.47%, your estimated principal and interest payment would be $19,410 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $832K a year to afford the median home price in Mount Bonnell. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Mount Bonnell is $217K.
What are the best public schools in Mount Bonnell?
The best public schools that serve Mount Bonnell are:
What are the best private schools in Mount Bonnell?
The best private schools that serve Mount Bonnell are:
What are the most popular zip codes in Mount Bonnell, Austin, TX?
The most popular zip codes in Mount Bonnell, Austin, TX include 78731, 78746, 78703, 78757 and 78756.
What are the most popular neighborhoods near Mount Bonnell, Austin, TX?
The most popular neighborhoods near Mount Bonnell, Austin, TX are Highland Park West, Westlake, Tarrytown, Rosedale and Northwest Hills.
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