1125 Leona St, Austin, TX 78702

Luxury living at its finest awaits in this custom contemporary style home, tucked away on an oversized lot with the backyard oasis of your dreams in the heart of Central East Austin! This one-of-a-kind, modern masterpiece is sure to take your breath away as you step inside to find an upscale yet inviting atmosphere with exposed concrete walls & flooring, huge sliding glass doors that let you enjoy indoor/outdoor living vibes, reclaimed materials from the original home on the property, & an open layout that lets you easily flow from one space to another. Cooking here will feel like a serene experience, as you’ll be positioned to take in views of an ivy backdrop & the sparkling pool. The first floor offers a massive office & just around the corner, you’ll find a staircase that leads you to the fully equipped, 1/1 guest apartment that comes fully furnished. This flexible space makes for an excellent income producing opportunity for STR, with an established revenue history that has generated $60k+ annually. Back in the primary space, the second floor is just as magical as the first, with balcony access in each bedroom & a full roof deck so you’re always just steps away from overlooking the pool or enjoying a peaceful cup of coffee in the morning. The owner’s retreat offers an incredible, high end en suite equipped with a double shower that leads to your relaxing soaking tub. The backyard will feel like your own private escape, featuring a sophisticated saltwater pool with a tanning ledge & plenty of space for lounging & dining. This brilliant home is equipped with solar panels, a Tesla/EV charger, an irrigation system, & smart home features throughout. Living in 78702 always delivers when it comes to location, as you’ll be within walking distance to sought-after local stops including restaurants, bars, & entertainment, as well as being just minutes away from Downtown & Lady Bird Lake. What more could you desire? Come fall in love with this premier property today!

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.