YOUR AUSTIN NEIGHBORHOOD: OLYMPIC HEIGHTS
NEIGHBORHOOD OVERVIEW
Olympic Heights is one of Southwest Austin's most desirable established communities, offering a peaceful suburban atmosphere with convenient access to Downtown Austin, major employers, and everyday amenities. Developed primarily in the early 2000s, the neighborhood features tree-lined streets, walking trails, community parks, and well-maintained green spaces that create a welcoming environment for residents.
With over 700 single-family homes, an active HOA, community amenities, and access to top Austin ISD schools, Olympic Heights attracts families, first-time buyers, and professionals seeking affordability and convenience. Buying here means investing in one of 78748's most desirable neighborhoods.
REAL ESTATE MARKET TRENDS
The Olympic Heights real estate market continues to offer strong value in Southwest Austin, with a median closed price of $390,500 and a median CDOM of 21 days, reflecting steady buyer demand and a healthy pace of sales.
With approximately 700 homes, desirable community amenities, and a convenient location, Olympic Heights remains a popular choice for first-time buyers, families, and professionals seeking affordability and long-term value. Well-priced homes continue to attract strong interest, making it a reliable market for both buyers and sellers.
Market data sourced from Unlock MLS (Quick CMA), covering closed residential sales from December 2025 through June 2026. Figures are approximate. Verify current market conditions with a licensed Austin real estate professional.
TYPES OF HOMES
Olympic Heights features approximately 700 single-family homes, primarily built between 2002 and 2006 by builders including DR Horton, Morrison Homes, and Buffington Homes. The neighborhood offers a mix of one- and two-story floor plans ranging from 1,300 to 2,700 sq. ft., with 3–5 bedrooms and 2–3 bathrooms. Homes showcase traditional architecture with stone and brick exteriors, open-concept layouts, attached two-car garages, and lots averaging 0.10–0.15 acres, making them well-suited for first-time buyers, growing families, and professionals.
AMENITIES AND LIFESTYLE
HOA INFORMATION
Maple Run has no HOA, meaning no monthly dues, architectural review boards, or restrictive rules on property use or improvements. This freedom shows in the neighborhood’s character, with well-kept homes reflecting individual pride of ownership and personal style. For buyers looking to add features like a pool, ADU, or detached studio, the lack of HOA restrictions offers greater flexibility—though city permitting and any deed restrictions should still be verified with the City of Austin before purchase.
HOA Status: Active mandatory HOA
HOA Name: Olympic Heights Homeowners Association (OHOA, Inc.)
Management Company: Goodwin & Company
Resale Certificate Fee: Approximately $375.00
HOA Amenities: Community pool, splash area, playground, walking trails, and 5-acre off-leash dog park
Community Events: Neighborhood gatherings and seasonal HOA events
Property Tax Rate: Approximately 2.01%
Taxing Entities: Travis County, Austin ISD, City of Austin
SCHOOLS NEARBY
Olympic Heights is served by the Austin Independent School District (Austin ISD). While all neighborhood homes feed into the same elementary and middle schools, the high school zoning splits depending on the neighborhood phase. Buyers should always verify the specific address directly with Austin ISD before purchasing.
Source: GreatSchools.org
Disclaimer: Ratings are subject to change and should be used as one of many factors when evaluating schools. Always verify current ratings and school boundaries directly with Austin ISD.