3 bed, 2 bath, 1,762 sqft on 1.50 acres in Austin. Austin, TX 78748. $915,000. Austin ISD.
About This Home
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
- Price / Sq Ft
- $519
- Garage
- 2 spaces
Listing information last updated September 3, 2026.
Listed by Asterra
MLS# 8635733 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Built-in Features
- Ceiling Fan(s)
- Quartz Counters
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Smart Thermostat
- Dishwasher
- Disposal
- Gas Cooktop
- Microwave
- Oven
- Range
- Stainless Steel Appliance(s)
- Carpet
- Tile
- Wood
- Heating
- Central
- Cooling
- Ceiling Fan(s),Electric
Exterior & Lot
- Exterior Steps
- Gutters Full
- Lighting
- Private Yard
- Stone
- Back Yard
- Cleared
- Landscaped
- Native Plants
- Rolling Slope
- Trees-Large (Over 40 Ft)
- Many Trees
- Back Yard
- Wood
- Slab
- Covered
- Front Porch
- Patio
- Rear Porch
- Side Porch
- Wrap Around
- Roof
- Metal
- Lot Size
- 1.50 Acres
- Asphalt
- Carport
- Driveway
- Gravel
- Oversized
- Garage Spaces
- 2
Financial
- Original List Price
- $920,000
- Price per Sq Ft
- $519
Utilities
- Electricity Available
- Propane
- Water Available
- Water Source
- Public
- Sewer
- Septic Tank
Transaction History
5 records on file
Every recorded listing, sale, and lease at 1127 Penion DR, whoever represented it.
- ActiveListed 2026Current price: $915,000Original list: $920,000MLS 8635733
- Listed · August 14, 2026$920,000
- Price changed · September 3, 2026$915,000
- WithdrawnListed 2025Current price: $929,000Original list: $999,999MLS 3189809
- ExpiredListed 2025Current price: $3,950Original list: $3,950MLS 1645800
- ExpiredListed 2024Current price: $1,099,900Original list: $1,249,900MLS 3900311
- WithdrawnListed 2021Current price: $750,000Original list: $795,000MLS 4886754
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
Price Change with current price, original ask, and market time.
- Current list
- $915,000
- Original list
- $920,000
- Price movement
- $5K reduction
- Listed / DOM
- Aug 14, 2026 · 65 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $577,736
- Assessment Year
- 2025
- Year Built
- 1997
- Parcel ID
- 000000348983
| 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 Schools
Akins
Paredes
Casey
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.
20% ($183K)
Adjustable assumption - not a lending recommendation.
$915,000
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Keenan Market Position
A sourced read on Austin 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
65 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 Oct 16, 2026.
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