1509 Preston Ave, Austin, TX 78703

This classic Pemberton home is situated on a quiet, tree-lined street in one of the most sought-after neighborhoods in Austin! This home exudes charm and features a gracious living area with wood-burning fireplace, as well as a brightly lit study off the living room. Close the glass pane doors to the study and enjoy looking out the windows at the passers by. The dining area is also very light and bright and features a classic swinging door to the kitchen. Reclaimed painted pine floors give the kitchen a timeless feel. From the driveway, there is a drop zone for all of your every day essentials to have a landing spot. Across from the kitchen is an inviting and roomy family room, with plenty of space to spread out and enjoy entertaining or evening quiet time. Sliding doors from the living area offer access to the brick-lined side courtyard, a great place to enjoy your morning coffee. As you continue down the hall, there is a guest room or second office with access to a full bath. To your left is the hallway leading to the private and generously sized master bedroom and bath. There is a wall of windows and door to the back patio from the master, making it relaxing and inviting! From the hall you can also access the utility room and the main door to the backyard and patio. Upstairs there are two additional bedrooms, a large full bath with separate shower and a media/game area. Returning downstairs, head out to the patio and enjoy entertaining at a large table, grill area and extra seating space, as well as a view to enjoy the turfed back yard. The garage features space for two cars, or whatever hobby you may enjoy. This lovely home sits on a generous lot and offers everything the central Austin lifestyle has to offer. Walk to coveted Casis Elementary School, bike downtown via the Shoal Creek Trail, and easy access to everything and anything in central Austin!

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.