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Verified property facts
1023 Sierra Dr is listed at $350,000 with 3 bedrooms, 2 full bathrooms, 1,344 square feet, 10.22-acre lot.
1023 Sierra Dr is zoned for Prairie Lea ISD with assigned schools: Prairie Lea (elementary), Prairie Lea (middle), Prairie Lea (high). School assignments should be verified directly with the district.
1023 Sierra Dr is in Downtown Austin, Austin, Texas. See the full [Downtown Austin neighborhood guide](/neighborhoods/downtown-austin) for market data, schools, and lifestyle details.
1023 Sierra Dr is a Residential built in 1981 featuring 3 bedrooms, 2 full bathrooms, 1,344 square feet, 10.22-acre lot.
1023 Sierra Dr is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline with current price, original ask, and market time.
Great corner lot to build or put your dream home on and room enough for the family. Older fixer upper 1981 Double wide that needs lots of work, value is in the land and utilities . Nice corner 10.219 acres includes pond for fishing, 2 car carport, old doublewide sold "As Is" , water meter and water well, septic and two electric poles on site. No restrictions known. Easy access to toll road 130, convenient to San Marcos, Lockhart and Austin via toll road. Property could really clean up to be a really special place.
Property Type
Residential
Year Built
1981
Lot Size
10.22 acres
$/Sq Ft
$260
Garage
4 spaces
Listed by Countywide Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Prairie Lea ISD
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. Ratings from GreatSchools.org.
20% ($70K)
$350,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$350,000
Price per sqft
$260/sqft
Vs. Downtown Austin median
-60.0%
$875K median
Days on market
517 days
Original to current
$25K reduction
$375K original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 60% below the Downtown Austin median
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 7, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
1023 Sierra Dr is priced at $260 per square foot across 1,344 sqft. The Downtown Austin median list price is $875,000.
The most recent annual property tax for 1023 Sierra Dr is $6,330. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
With 20% down ($70,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1023 Sierra Dr is around $2,344 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $350,000, 1023 Sierra Dr is in the Downtown Austin market where there are currently 112 active listings in 78644. For a detailed market analysis, see our [Downtown Austin guide](/neighborhoods/downtown-austin).
1023 Sierra Dr was built in 1981 (45 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Downtown Austin is one of Austin's established neighborhoods, zoned for Prairie Lea ISD in the 78644 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
Neighborhood guide and local insights
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts. The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake. The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views. Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance. Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
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