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This property has sold on October 11, 2022. Looking for something similar? Contact us or browse available homes.

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$414,999
last listedWhy you're seeing this property: Unlike major portals that hide off-market listings, we maintain the most comprehensive Austin property database. View market history, neighborhood data, and discover similar homes currently for sale. #1 Austin Realtor Team 2024.
BRAND NEW Flooring throughout the whole house! Sizzling Hot South Austin Gem! Beautiful one-story 3BD/2BA home in the highly sought-after Canterbury Trails neighborhood in South Austin. This well-established, tree-filled community is in the popular South Menchaca Rd Entertainment District with several restaurants, food trailers, and a plethora of popular entertainment spots like Lustre Pearl South, Moontower Saloon, Armadillo Den, Austin Roller Rink, The Hive, South Austin Beer Garden, and so much more. The charming home is just waiting for you to come and make it your own. Featuring an awesome functional floor plan with a centrally located kitchen, sunny dining area, and a large, bright, and airy living room that overlooks the charming backyard. The lovely kitchen offers freshly painted white cabinetry, tile backsplash, a gas range, a pantry, and a dishwasher. You’ll love all the space in the owner’s suite, which features its own ensuite bathroom and a spacious walk-in closet. The covered back patio is the perfect outdoor entertaining space and overlooks the expansive backyard, which is the real star of the show! This property mixes sustainable xeriscaping with lush gardens and a perfectly sized lawn area. A grove of mature shade trees with winding stone paths provides the perfect place to escape with a good book and enjoy the birds singing. An extended xeriscaped patio space is made for grilling out and dining under the stars. Canterbury Trails is a peaceful neighborhood that is perfect for casual evening strolls. Just a few blocks from the home you will find the neighborhood park & playground, which provides access to several hike & bike trails that weave throughout South Austin. Great proximity to South Park Meadows for all your shopping needs. Easy access to 1626, which will get you to I-35 and Mopac quickly.
Property Type
Residential
Year Built
1999
Lot Size
0.14 acres
$/Sq Ft
$327
Listed by Realty Austin
Verified property facts
1421 Merchants Tale Ln is listed at $414,999 with 3 bedrooms, 2 full bathrooms, 1,271 square feet, 0.14-acre lot.
1421 Merchants Tale Ln is zoned for Austin ISD with assigned schools: Menchaca (4/10) (elementary), Paredes (2/10) (middle), Akins (6/10) (high). School assignments should be verified directly with the district.
1421 Merchants Tale Ln is a Residential built in 1999 featuring 3 bedrooms, 2 full bathrooms, 1,271 square feet, 0.14-acre lot.
1421 Merchants Tale Ln is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($83,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1421 Merchants Tale Ln is around $2,914 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Listing timeline 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 |
|---|---|---|---|---|
2025-8.5% | — | $377,252 | — | — |
2024-0.9% | — | $412,510 | $150,000 | $228,797 |
2023+61.6% | — | $416,448 | $150,000 | $262,510 |
2022 | — | $257,766 | $150,000 | $266,448 |

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. Ratings from GreatSchools.org.
20% ($83K)
$414,999
Luxury property intelligence
A sourced read on Canterbury Trails Sec 04 pricing, timing, and property scale. No automated valuation claim.
List price
$414,999
Price per sqft
$327/sqft
Vs. Canterbury Trails Sec 04 median
Not available
Days on market
1,431 days
Original to current
$35K reduction
$450K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 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
At $414,999, 1421 Merchants Tale Ln is in the Canterbury Trails Sec 04 market where there are currently 118 active listings in 78748. The Keenan Group has completed 24 transactions in 78748 as part of 1,000+ career sales totaling $1B+ across Austin.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
7 events on record
Current Price
$450,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-8.5% | — | $377,252 | — | — |
2024-0.9% | — | $412,510 | $150,000 | $228,797 |
2023+61.6% | — | $416,448 | $150,000 | $262,510 |
2022 | — | $257,766 | $150,000 | $266,448 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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