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2 bed, 1 bath, 1,201 sqft on 0.14 acres in East Austin. Austin, TX 78702. Last listed at $515,000, sold July 13, 2023. Austin ISD.
About This Home
This captivating 2-bedroom / 1.5-bath contemporary sits on a corner lot in prime east Austin, just minutes to boutique shopping and numerous dining options. As you step into the stunning entryway, the comforting features within welcome you home. Wide-plank hardwoods gleam throughout, and high ceilings reflect bounteous natural light. The neutral color palette is the perfect canvas for your design vision! The thoughtfully laid out kitchen is a visually appealing recipe of granite counters and Samsung stainless appliances. In light that is both stylish and natural, the space looks out into the dining and living rooms, bringing them together and creating a comforting atmosphere. The primary and secondary beds are on the second level and are connected by the large primary bathroom, with double vanity and separated space housing the modern shower/tub combo, for extra privacy. Savor pleasant weather days from the breezy rear porch, enjoying the open-air lounge space, ideal for socializing, or for relaxing after a productive day. With added bonus features that include commercial grade windows and doors, on top of the high end finishes, no expense has been spared in this beautiful property. ***Units A and B are both listed for sale. The new legal descriptions are currently in the process of being created and recorded.***
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
- Year Built
- 2018
- Lot Size
- 0.14 acres
- Price / Sq Ft
- $429
Listing information last updated July 19, 2023.
Listed by Ashley Austin Homes
MLS# 6992073 • 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
Exterior & Lot
- Lot Size
- 0.14 Acres
Financial
- Original List Price
- $515,000
- Price per Sq Ft
- $429
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1401 Walnut Ave Unit #B, whoever represented it.
- SoldJuly 13, 2023Listed at: $515,000MLS 6992073
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
- $515,000
- Original list
- $515,000
- Price movement
- No verified reduction
- Listed / DOM
- May 5, 2023
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $489,399
- Assessment Year
- 2025
- Year Built
- 2018
- Parcel ID
- 000000981526
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $489,399 | $125,000 | — |
Zoned Schools
McCallum
Kealing
Campbell
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% ($103K)
Adjustable assumption - not a lending recommendation.
$515,000
Luxury property intelligence
Keenan Market Position
A sourced read on East Austin pricing, timing, and property scale. No automated valuation claim.
List price
$515,000
Price per sqft
$429/sqft
Vs. Neighborhood guide reference price
-13.0%
$592.2K · East Austin neighborhood guide · reference price
Days on market
Not available
Original to current
No verified reduction
$515K original
Active inventory context
293 listings
Price Position in East Austin
Listed 13% 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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