Hilly, established, central-north Austin · ZIP 78731 · 29 condo communities
Northwest Hills and Balcones cover the wooded hills just northwest of central Austin, a settled, family-oriented area with good schools and quick MoPac access.
Condos and townhomes here suit buyers who want green, quiet surroundings while staying close to downtown and the Domain.
Northwest of central Austin along MoPac, north of RM 2222.
Across registered, direct-filed short-term rentals in Northwest Hills & Balcones (ZIP 78731), revenue runs <$8k per unit per year, based on 7 filed units (InnKing — direct-filed HOT data from registered short-term-rental operators). As of 2026-06.
Seasonal demand index (mean month = 100; above 100 = busier than a typical month)
Most Austin condos restrict short-term rentals, so this is an area benchmark, not a guarantee for any specific building. Get a property-specific InnKing estimate →
Most communities in Northwest Hills & Balcones are governed by an HOA, so review monthly dues, reserves, and rules before purchasing. Austin restricts short-term rentals in most condo buildings, so if Airbnb income matters, confirm a building’s zoning and HOA policy first. Pricing and availability change constantly — request current numbers and recent comparable sales before making an offer.