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3 bed, 2 bath, 1,853 sqft in East Austin. Austin, TX 78702. Asking rent $4,000/mo, leased July 1, 2025. Austin ISD.
About This Home
Live your best East Austin life in this stylishly updated 3-bedroom home with a versatile loft—perfect for a home office, reading nook, or second living area. Tucked into the heart of Govalle, just 2.5 miles from downtown, you’ll get that rare mix of urban energy and neighborhood charm.Step inside to soaring ceilings, big windows, and concrete floors that flow through the bright, open-concept main level. The kitchen nails both function and flair with quartz countertops, stainless appliances, and sleek low-profile windows that let the light pour in. Upstairs, the cozy loft features warm wood floors, and the primary suite is a dreamy retreat with vaulted ceilings, a sweet reading corner, and massive windows for stargazing at night. The ensuite bath checks all the boxes with double vanities, a huge walk-in shower, and a spacious closet. Two more bedrooms and a full bath with a tiled tub/shower combo round out the home. Out back, you'll find a peaceful, tree-shaded escape bordered by three other yards—perfect for quiet evenings or weekend hangouts. The front yard brings sunny vibes all year with gorgeous 100-year-old trees and native landscaping. Extras? You’ve got them: Vivint smart security, an attached garage, and window tinting upstairs to keep things cool and private. Walk or bike to local favorites like Sa-Tén, Austin Bouldering Project, EastCiders, Friends & Allies Brewery, or hit the Southern Walnut Creek Trail for a nature fix. Plus, you’re close to H-E-B Mueller, the airport, and some of the best food and coffee in the city. This home has all the character, comfort, and connectivity that makes East Austin special—come see for yourself!
East Austin is the only neighborhood in the city where you can walk from a James Beard Award-winning restaurant to a converted warehouse gallery to a live music venue to a craft cocktail bar without ever getting in your car. That walkability, combined with a building boom that has reshaped the housing stock over the past decade, makes East Austin the most dynamic real estate market in Central Texas.
East Austin stretches from I-35 on the west to Highway 183 on the east, with Lady Bird Lake forming the southern boundary and roughly MLK Boulevard marking the northern edge of the 78702 core. The 78722 zip extends the identity further north and east. Downtown is immediately across I-35 - five minutes by car, 15 by bicycle. East Cesar Chavez, East 6th, and East 7th serve as commercial corridors, each with its own personality. East Cesar Chavez leans toward taquerias and family shops, East 6th trends cocktail bars and restaurants, East 7th mixes galleries with newer retail.
Modern townhomes and duplexes make up about 35% of sales activity, concentrated on infill lots. Original shotgun bungalows and Craftsman homes account for 25%, mostly on quieter streets east of Chicon - typically 800 to 1,200 square feet on generous lots with ADU potential. Contemporary custom homes represent 15%, with architects like Bercy Chen and Alterstudio producing some of the most interesting residential design in Texas. Unrenovated bungalows start in the mid-$400s. Renovated historic homes with ADUs land between $700,000 and $1 million. New townhomes cluster around $600,000 to $900,000. Custom builds cross $1.5 million.
East Austin falls within Austin ISD. Zavala Elementary and Blackshear Elementary handle early grades. Martin and Kealing Middle Schools are the primary options, with Kealing's magnet program drawing students districtwide. Eastside Memorial High School serves the area, though many families opt for LASA, private schools, or open-enrollment options. The school landscape is more complex than in neighborhoods with a single feeder pattern, and specific addresses matter.
The lifestyle is what people picture when they think of modern Austin. Morning starts at Cenote or Fleet Coffee. Franklin Barbecue's line forms early, but locals order ahead. The dining concentration is remarkable. Suerte does modern Mexican with in-house nixtamal. Nixta Taqueria won a James Beard Award. Launderette turns a converted laundromat into one of Austin's best brunch spots. Canje brings Caribbean cooking to Holly Street. Kemuri Tatsu-Ya fuses izakaya with smokehouse. Via 313 has been making Detroit-style pizza since before the current boom. The Butler Trail, Boggy Creek Greenbelt, Roy Guerrero Park, and Mueller Lake Park provide outdoor options.
East Austin offers urban density and walkability unmatched outside downtown, at prices that undercut the west side significantly. Compared to South Congress, it provides more housing variety and better value per square foot. Compared to Mueller, it trades master-planned orderliness for more character. The main concerns are the pace of change and the east-west infrastructure divide, which has narrowed but still shows in some areas.
East Austin is for buyers who want to live in Austin's cultural energy rather than commute to it. It fits people who eat out frequently, bike to work, and value diversity of experience. It works for investors who see ADU potential in the generous lots. If you need a large lot, a quiet cul-de-sac, or a top suburban school, look elsewhere. But if you want to walk out your front door and feel the pulse of what makes Austin different from every other Texas city, there is no better address.
School District: Austin ISD
View East Austin neighborhood guide- Property Type
- Residential Lease
- Year Built
- 2017
- Garage
- 1 spaces
Listing information last updated July 6, 2025.
Listed by Compass RE Texas, LLC
MLS# 5274339 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Breakfast Bar
- High Ceilings
- Chandelier
- Quartz Counters
- Double Vanity
- Eat-in Kitchen
- Interior Steps
- Open Floorplan
- Smart Thermostat
- Storage
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Microwave
- Free-Standing Range
- Bamboo
- Carpet
- Concrete
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Hardi
- Plank Type
- Landscaped
- Level
- Fenced
- Wood
- Slab
- Roof
- Composition
- Garage
- Garage Door Opener
- Garage Spaces
- 1
Financial
- Original List Price
- $4,000
- Price per Sq Ft
- $2
Utilities
- Cable Available
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
4 records on file
Every recorded listing, sale, and lease at 1122 1/2 Gunter ST Unit #A, whoever represented it.
- LeasedJuly 1, 2025Asking rent: $4,000/moMLS 5274339
- WithdrawnListed 2025Current price: $775,000Original list: $775,000MLS 6635496
- WithdrawnListed 2023Current price: $849,900Original list: $849,900MLS 8895690
- WithdrawnListed 2023Asking rent: $4,500/moOriginal asking rent: $4,500/moMLS 4803029
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
Listing timeline with current price, original ask, and market time.
- Current list
- $4,000
- Original list
- $4,000
- Price movement
- No verified reduction
- Listed / DOM
- May 23, 2025
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $886,618
- Assessment Year
- 2025
- Year Built
- 2016
- Parcel ID
- 000000892573
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-12.5% | — | $886,618 | — | — |
2024+5.9% | — | $1,013,356 | $162,500 | $721,517 |
2023+38.5% | — | $956,814 | $212,500 | $800,856 |
2022+58.5% | — | $691,076 | $150,000 | $806,814 |
2021 | — | $436,000 | $100,000 | $591,076 |
Virtual Tour
Zoned Schools
Eastside Early College
Martin
Govalle
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% ($800)
Adjustable assumption - not a lending recommendation.
Home price
$4,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on East Austin pricing, timing, and property scale. No automated valuation claim.
List price
$4,000
Price per sqft
$2/sqft
Vs. Neighborhood guide reference price
-99.3%
$597.3K · East Austin neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$4K original
Active inventory context
276 listings
Price Position in East Austin
Listed 99% below the East Austin neighborhood guide reference price. East Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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