#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
2 bed, 1 bath, 2,240 sqft on 0.21 acres in Mayfair Terrace. Austin, TX 78751. $799,000. Austin ISD.
Discover a unique opportunity in a well-established Austin neighborhood, where a vintage 1948 home awaits its next chapter on a generous corner lot spanning nearly a quarter acre.
This property offers an exceptional blend of classic charm and modern potential, perfectly positioned for both investors and owner-occupants. The residence boasts 2,240 square feet of living space (house and guest house), providing ample room for comfortable living and creative customization. Enjoy the convenience of being just blocks away from the UT Shuttle/CapMetro, Hancock Center, and a diverse array of local restaurants, making city access effortless. The property uniquely features a 1-bedroom, 1-bathroom detached guest house, currently providing rental income of $995/month and offering flexible living arrangements or additional income streams. Inside the main home, a large workshop presents a versatile space, ideal for conversion into a dedicated home office, an entertaining game room, an additional bedroom, or a cozy den to suit your lifestyle needs. Outside, three mature pecan trees grace the landscape, offering abundant shade on sunny days and delicious seasonal treats.
This prime location and versatile property combine to create an enticing urban sanctuary, providing a rare chance to own a piece of Austin's vibrant history with significant upside.
Verified property facts
1028 Ellingson LN is listed at $799,000 with 2 bedrooms, 1 full bathrooms, 2,240 square feet, 0.21-acre lot. This places it above the ZIP 78751 single-family closed-sale median price of $708,500 (ZIP 78751 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 24, 2026).
1028 Ellingson LN is zoned for Austin ISD with assigned schools: Lee (elementary), Lamar (Austin ISD) (middle), McCallum (high). School assignments should be verified directly with the district.
1028 Ellingson LN is a Residential built in 1948 featuring 2 bedrooms, 1 full bathrooms, 2,240 square feet, 0.21-acre lot.
1028 Ellingson LN is listed by Property Consultants of Austin. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 25, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
3 records on file
Every recorded listing, sale, and lease at 1028 Ellingson LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-21.6% | — | $659,458 | — | — |
2024-13.7% | — | $840,929 | $327,250 | $585,648 |
2023+53.7% | — | $974,115 | $350,000 | $490,929 |
2022 | — | $633,971 | $385,000 | $589,115 |
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% ($160K)
Adjustable assumption - not a lending recommendation.
$799,000
Luxury property intelligence
A sourced read on Mayfair Terrace pricing, timing, and property scale. No automated valuation claim.
List price
$799,000
Price per sqft
$357/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
82 days
Original to current
$25.9K reduction
$824.9K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 25, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 1028 Ellingson LN is $13,988. 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.
This page does not assume a mortgage rate or publish a monthly payment for 1028 Ellingson LN. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 25, 2026, 1028 Ellingson LN is offered at $799,000. The current MLS snapshot shows 41 active listings in 78751. Keenan Group has completed 7 verified transactions in 78751 within its 1,000+ completed transactions and $1B+ career volume across Austin.
1028 Ellingson LN was built in 1948 (78 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.
9 events on record
Current Price
$799,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-21.6% | — | $659,458 | — | — |
2024-13.7% | — | $840,929 | $327,250 | $585,648 |
2023+53.7% | — | $974,115 | $350,000 | $490,929 |
2022 | — | $633,971 | $385,000 | $589,115 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
| Address | Sold Price |
|---|---|
| 601 E 43rd ST | $750K |
| 4800 Duval ST | $535K |
| 604 E 46th ST | $695K |
| 614 W 51st St | $600K |
| 4600 AVENUE C | $455K |
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