1412 Preston Ave, Austin, TX 78703

Nestled on a picturesque tree-lined street in the prestigious Pemberton Heights neighborhood, this charming home perfectly combines urban convenience with a tranquil retreat. Featuring four spacious bedrooms and two versatile living areas, the residence exudes warmth and sophistication with elegant wood floors throughout. The large kitchen boasts granite countertops, glass-front cabinets, stainless steel appliances, and a spacious breakfast bar that opens to a bright family room. A stunning wall of windows floods the space with natural light and offers serene views of the private backyard oasis, complete with a sparkling swimming pool, expansive deck, and mature trees—ideal for entertaining or unwinding outdoors. Additional features include built-in bookshelves that add character and functionality to the living areas. An outdoor shower offers convenience after a swim, and a large garage behind the carport provides ample space for all your storage needs. The location is unparalleled, situated less than two miles from the University of Texas, the Texas State Capitol, and Downtown Austin, making it an excellent hub for accessing the city’s vibrant lifestyle. Nearby amenities such as Whole Foods, Central Market, and Trader Joe’s cater to all your culinary needs with just a short drive. For outdoor enthusiasts, the neighborhood borders the scenic Shoal Creek Trail and is minutes away from Pease Park, Lady Bird Lake, Zilker Park, the Barton Creek Greenbelt, and Mount Bonnell. This home offers not just a place to live but a gateway to the quintessential Austin lifestyle, situated in one of the city’s most coveted neighborhoods. The seller is open to owner financing, making this a unique chance to secure your dream home. Don’t miss the opportunity to make this exceptional property your own.

Pemberton Heights has more homes on the National Register of Historic Places per block than any other neighborhood in Austin. This is where old Austin wealth put down roots in the 1930s, and the streetscape has changed less than you might expect. Walk down Harris Boulevard on a Tuesday morning and you will see original Tudor Revival homes next to recent glass-and-steel builds, separated by a shared property line and a very old live oak.

The neighborhood occupies a compact footprint in 78703, bounded by Shoal Creek east, MoPac west, 35th Street north, and Windsor Road south. Downtown is a ten-minute drive, and many residents bike. Jeffrey's has been the fine dining anchor since the 1970s. Josephine House does refined comfort food. Cipollina and Clark's Oyster Bar are walking distance. Uchi, Emmer and Rye, and Barley Swine are short drives away, putting Pemberton Heights at the center of Austin's culinary map.

Tudor Revival homes make up about a quarter of the stock, with deep-set windows and steep roof pitches. Colonial Revival homes account for another twenty percent. Craftsman bungalows, some original to the 1930s, are scattered throughout. Mediterranean-style homes add variety, and contemporary builds bring the architecture into the current decade. Prices start around $1.2 million for a smaller lot needing work and climb past $5 million for renovated estates. Lots generally run between a fifth and a third of an acre.

Casis Elementary is the neighborhood school with a reputation that has drawn families for generations. Students feed into O. Henry Middle School and Austin High School, one of the most centrally located high schools in any major Texas city. Parents are active, fundraising is robust, and there is shared investment in the public school system. Some families opt for St. Andrew's, St. Austin's, or Austin Montessori, all nearby.

Shoal Creek Trail runs along the eastern edge, providing a shaded corridor for runners heading toward Lady Bird Lake. Pease Park anchors the northeast corner and hosts weekend markets and community events. The trail from Pease Park connects into the broader Butler Trail system, making it possible to run from your front door to the lake without touching a major road. Red Bud Isle is a favorite for dog owners. Social life centers around the restaurants and coffee spots on West Lynn and Exposition.

Pemberton Heights sits at the top of the central Austin market alongside Tarrytown and Old West Austin. Tarrytown offers larger lots and a more suburban rhythm with less walkability to dining. Old West Austin has a more bohemian energy and tighter lots. Pemberton Heights splits the difference: architecturally significant homes on generous lots within walking distance of the best restaurants in the city. New construction is constrained by lot availability and neighborhood review, which limits supply.

Pemberton Heights is for buyers who want to live in the center of Austin's best neighborhood without compromise. It fits families who value Casis Elementary, professionals who want to bike downtown, and anyone who appreciates living in a 1939 Tudor next to a 2024 glass-and-steel build and having both feel like they belong.