4 bed, 3 bath, 4,546 sqft on 0.37 acres in Pemberton Heights. Austin, TX 78703. $3,895,000. Austin ISD.
About This Home
Timeless Pemberton charm meets gracious, modern living in this beautifully updated 1937 traditional, ideally situated on a spacious lot overlooking Pease Park. Perched high among the trees, the home offers an exceptional sense of privacy while remaining warm and inviting. A welcoming foyer introduces formal living and dining rooms and the updated kitchen opens seamlessly to the family room and breakfast area. Walls of windows and doors frame views of the backyard and pool. Upstairs, the comfortable primary suite features a marble bath and private study with treetop views. An additional en-suite bedroom, laundry room, and upstairs living area connect to two additional bedrooms, a hall bath, and back staircase, creating a thoughtful layout. Outdoors, a private retreat awaits with a pool and spa, multiple entertaining areas, and a generous lot extending beyond the pool to a turf lawn below. A rare opportunity to enjoy timeless architecture, ample living spaces, and an extraordinary setting in one of Austin’s most sought-after neighborhoods.
At 1015 Gaston Ave in Pemberton Heights, this 1937 Pemberton traditional sits elevated above Pease Park on a rare 0.3719-acre lot, commanding the kind of presence that comes from thoughtful proportions and architectural integrity. The home spans 4,546 square feet across four bedrooms, three full baths, and two half baths, with the kind of construction quality that has weathered nearly 90 years without compromise.
The stately foyer sets immediate expectations. Beyond it lie formal living and dining rooms with the spatial generosity that defines this era of Austin architecture. Crown molding and ceiling-high proportions acknowledge what mid-century builders understood: formal spaces need room to breathe. The kitchen, updated with stainless steel appliances including a built-in gas range and wine refrigerator, flows naturally into the main family room and breakfast area. Large windows and doors open to the backyard, collapsing the boundary between interior refinement and outdoor living.
The home's construction speaks clearly. HardiPlank exterior cladding, automatic irrigation systems, and large hardscape elements support longevity. Inside, recessed lighting, quartz counters, and a tankless water heater represent the kind of thoughtful modernization that respects the original character. A smart thermostat manages mechanical systems. Stackable washer/dryer connections and a dedicated study upstairs acknowledge contemporary living patterns without compromising the home's bones.
The primary suite occupies the upper floor with its own marble bath and study featuring treetop views across the sloped lot. Three additional bedrooms and a back staircase create independent traffic patterns. The layout acknowledges what traditional home design prioritized: servants' passages, secondary circulation, multiple entertaining zones.
Outside, the property descends toward Pease Park greenbelt with mature trees exceeding 40 feet. A pool and spa anchor the yard. Multiple deck and porch areas extend entertaining into the landscape. The 2-car garage handles practical needs without dominating the streetscape.
Located in Pemberton Heights within Austin Independent School District, the home feeds into Casis Elementary, O Henry Middle, and Austin High School. The Gaston Ave address places daily life near downtown employment corridors while the park access defines the neighborhood's character.
At $4.00 million, or $879 per square foot, this property represents what mid-century Austin neighborhoods were built to preserve: enduring residential architecture, significant lot sizes, and proximity to both urban convenience and natural landscape. The home's zero days on market reflects its rarity.
The numbers behind this insight
- Offered at
- $3,895,000
- Listed
- June 11, 2026
- Price changes
- 1, down 2.5% from $3,995,000
- Asking price per sq ft
- $857
Pemberton Heights market
- Homes sold
- 10
- Median sale price
- $2,582,750
- Median price per sq ft
- $671
- Median days on market
- 48
- Homes for sale now
- 4
- Months of supply
- 4.8
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $736 per sq ft over the trailing 12 months (184 sales), as of October 28, 2026.
Pemberton Heights has more homes on the National Register of Historic Places per block than any other neighborhood in Austin. This is where old Austin wealth put down roots in the 1930s, and the streetscape has changed less than you might expect. Walk down Harris Boulevard on a Tuesday morning and you will see original Tudor Revival homes next to recent glass-and-steel builds, separated by a shared property line and a very old live oak.
The neighborhood occupies a compact footprint in 78703, bounded by Shoal Creek east, MoPac west, 35th Street north, and Windsor Road south. Downtown is a ten-minute drive, and many residents bike. Jeffrey's has been the fine dining anchor since the 1970s. Josephine House does refined comfort food. Cipollina and Clark's Oyster Bar are walking distance. Uchi, Emmer and Rye, and Barley Swine are short drives away, putting Pemberton Heights at the center of Austin's culinary map.
Tudor Revival homes make up about a quarter of the stock, with deep-set windows and steep roof pitches. Colonial Revival homes account for another twenty percent. Craftsman bungalows, some original to the 1930s, are scattered throughout. Mediterranean-style homes add variety, and contemporary builds bring the architecture into the current decade. Prices start around $1.2 million for a smaller lot needing work and climb past $5 million for renovated estates. Lots generally run between a fifth and a third of an acre.
Casis Elementary is the neighborhood school with a reputation that has drawn families for generations. Students feed into O. Henry Middle School and Austin High School, one of the most centrally located high schools in any major Texas city. Parents are active, fundraising is robust, and there is shared investment in the public school system. Some families opt for St. Andrew's, St. Austin's, or Austin Montessori, all nearby.
Shoal Creek Trail runs along the eastern edge, providing a shaded corridor for runners heading toward Lady Bird Lake. Pease Park anchors the northeast corner and hosts weekend markets and community events. The trail from Pease Park connects into the broader Butler Trail system, making it possible to run from your front door to the lake without touching a major road. Red Bud Isle is a favorite for dog owners. Social life centers around the restaurants and coffee spots on West Lynn and Exposition.
Pemberton Heights sits at the top of the central Austin market alongside Tarrytown and Old West Austin. Tarrytown offers larger lots and a more suburban rhythm with less walkability to dining. Old West Austin has a more bohemian energy and tighter lots. Pemberton Heights splits the difference: architecturally significant homes on generous lots within walking distance of the best restaurants in the city. New construction is constrained by lot availability and neighborhood review, which limits supply.
Pemberton Heights is for buyers who want to live in the center of Austin's best neighborhood without compromise. It fits families who value Casis Elementary, professionals who want to bike downtown, and anyone who appreciates living in a 1939 Tudor next to a 2024 glass-and-steel build and having both feel like they belong.
School District: Austin ISD
View Pemberton Heights neighborhood guide- Property Type
- Residential
- Year Built
- 1937
- Lot Size
- 0.37 acres
- Price / Sq Ft
- $857
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated October 16, 2026.
Listed by Gottesman Residential R.E.
MLS# 9454830 • Pending
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Built-in Features
- Ceiling Fan(s)
- Ceiling-High
- Quartz Counters
- Crown Molding
- Interior Steps
- Kitchen Island
- Multiple Dining Areas
- Multiple Living Areas
- Pantry
- Recessed Lighting
- Smart Thermostat
- Stackable W
- D Connections
- Study
- Home Office
- Built-In Gas Range
- Built-In Refrigerator
- Dishwasher
- Disposal
- RNGHD
- Stainless Steel Appliance(s)
- Washer
- Dryer Stacked
- Water Heater
- Tankless Water Heater
- Wine Refrigerator
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 2
Exterior & Lot
- Exterior Steps
- Rain Gutters
- Outdoor Grill
- Hardi
- Plank Type
- Greenbelt
- Interior Lot
- Sloped Down
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Full
- Pillar
- Post
- Pier
- Slab
- Deck
- Front Porch
- Porch
- Roof
- Composition,Metal
- Lot Size
- 0.37 Acres
- Attached
- Door-Single
- Driveway
- Garage
- Garage Faces Front
- Off Street
- Garage Spaces
- 2
- Pool
- Yes
Financial
- Original List Price
- $3,995,000
- Price per Sq Ft
- $857
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1015 Gaston Ave, whoever represented it.
- PendingListed 2026Current price: $3,895,000Original list: $3,995,000MLS 9454830
- Listed · June 11, 2026$3,995,000
- Price changed · September 21, 2026$3,895,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Pending with current price, original ask, and market time.
- Current list
- $3,895,000
- Original list
- $3,995,000
- Price movement
- $100K reduction
- Listed / DOM
- Jun 11, 2026 · 127 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $2,573,344
- Assessment Year
- 2025
- Year Built
- 1937
- Parcel ID
- 000000210006
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-32.2% | — | $2,573,344 | — | — |
2024+29.7% | — | $3,796,122 | $1,450,000 | $1,429,542 |
2023+6.7% | — | $2,925,819 | $1,450,000 | $2,346,122 |
2022+31.3% | — | $2,741,000 | $1,450,000 | $1,475,819 |
2021 | — | $2,088,000 | $1,087,500 | $1,653,500 |
Zoned Schools
Austin
O Henry
Casis
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($779K)
Adjustable assumption - not a lending recommendation.
Home price
$3,895,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Pemberton Heights pricing, timing, and property scale. No automated valuation claim.
List price
$3,895,000
Price per sqft
$857/sqft
Vs. Neighborhood guide reference price
+50.8%
$2.6M · Pemberton Heights neighborhood guide · reference price
Days on market
127 days
Original to current
$100K reduction
$4M original
Active inventory context
4 listings
Price Position in Pemberton Heights
Listed 51% above the Pemberton Heights neighborhood guide reference price. Pemberton Heights neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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