#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
South Austin Oasis situated on 1.5 acres in a quiet cul-de-sac, offering the space and privacy that can be hard to find this close to town. The property is conveniently located near the newly renovated H-E-B, Southpark Meadows, and the thriving Manchaca Road district. The 3-bedroom, 2-bath home features an open kitchen with quartz countertops, wood flooring, high ceilings, stainless steel appliances, and abundant natural light throughout. Large windows and skylights bring plenty of natural light into the home while providing views of the surrounding trees and property. Outside, the expansive 1.5-acre lot offers plenty of room to enjoy the outdoors, with mature trees, a covered patio, gazebo, stone path way with sitting area, and ample space for entertaining, relaxing, or adding a pool. The size of the lot also provides a buyer with the opportunity to build an additional ADU structure or RV storage. A rare opportunity to own acreage in South Austin while remaining close to shopping, dining, entertainment, and the amenities of the Manchaca Road and Southpark Meadows areas. Hot tub and outdoor TV do not convey with the sale.
Property Type
Residential
Year Built
1997
Lot Size
1.50 acres
$/Sq Ft
$519
Garage
2 spaces
Listed by Asterra
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
1127 Penion DR is listed at $915,000 with 3 bedrooms, 2 full bathrooms, 1,762 square feet, 1.50-acre lot. This places it above the ZIP 78748 single-family closed-sale median price of $420,711 (ZIP 78748 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
1127 Penion DR is zoned for Austin ISD with assigned schools: Casey (elementary), Paredes (middle), Akins (high). School assignments should be verified directly with the district.
1127 Penion DR is a Residential built in 1997 featuring 3 bedrooms, 2 full bathrooms, 1,762 square feet, 1.50-acre lot.
1127 Penion DR is listed by Asterra. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
The most recent annual property tax for 1127 Penion DR is $9,374. 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.
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5 records on file
Every recorded listing, sale, and lease at 1127 Penion DR, 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 |
|---|---|---|---|---|
2025-16.6% | — | $577,736 | — | — |
2024+1.1% | — | $692,460 | $150,000 | $455,500 |
2023+146.8% | — | $684,708 | $150,000 | $542,460 |
2022 | — | $277,384 | $150,000 | $534,708 |
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.
20% ($183K)
Adjustable assumption - not a lending recommendation.
$915,000
Luxury property intelligence
A sourced read on Slaughter Creek Acres pricing, timing, and property scale. No automated valuation claim.
List price
$915,000
Price per sqft
$519/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
22 days
Original to current
$5K reduction
$920K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 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
This page does not assume a mortgage rate or publish a monthly payment for 1127 Penion DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 5, 2026, 1127 Penion DR is offered at $915,000. The current MLS snapshot shows 133 active listings in 78748. Keenan Group has completed 24 verified transactions in 78748 within its 1,000+ completed transactions and $1B+ career volume across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
13 events on record
Current Price
$915,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-16.6% | — | $577,736 | — | — |
2024+1.1% | — | $692,460 | $150,000 | $455,500 |
2023+146.8% | — | $684,708 | $150,000 | $542,460 |
2022 | — | $277,384 | $150,000 | $534,708 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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