5 bed, 5 bath, 3,281 sqft on 0.19 acres in Crestview. Austin, TX 78757. $1,998,500. Austin ISD.
About This Home
Welcome to Madison Residence, an exceptional luxury single-family home nestled on a large homesite along one of Crestview’s most coveted streets, offering the perfect blend of sophisticated design, functional living, and premier location. Scheduled for completion in September, this stunning residence spans 3,281 square feet and features 5 bedrooms, 5 full bathrooms, and thoughtfully curated spaces designed for both everyday comfort and elevated entertaining. The main level showcases soaring 12-foot ceilings that fill the home with natural light and create a grand sense of openness, while also offering two spacious bedrooms and two full bathrooms, ideal for guests, multigenerational living, or a dedicated home office. Upstairs, you'll find three additional bedrooms, three bathrooms, and a versatile loft that can serve as a secondary living area, media room, playroom, or workspace. Every detail has been carefully considered, with interiors curated by the acclaimed By Britt Design, delivering a timeless aesthetic through refined finishes, designer selections, and impeccable craftsmanship. Outside, the home transforms into a private retreat featuring a resort-style pool and expansive backyard, creating the perfect setting for relaxing, entertaining, and enjoying Austin’s year-round outdoor lifestyle. Combining luxury, flexibility, and exceptional design in one of Central Austin’s most sought-after neighborhoods, Madison Residence presents a rare opportunity to own a truly remarkable new construction home in Crestview.
At 1521 Madison Ave in Crestview, you're looking at a 3,281-square-foot new construction home completing in September that represents a rare Austin luxury opportunity at $609 per square foot. The design philosophy here centers on spatial generosity and light - 12-foot ceilings dominate the main level, creating volume and visual openness that defines how you'll actually live in this space. The stucco exterior sits on a private 0.1886-acre lot landscaped for both seclusion and functionality.
The material palette reflects deliberate restraint. Quartz countertops run through the kitchen island and primary surfaces. Stainless steel appliances anchor the workspace. The flooring transitions between tile and wood across multiple living areas, with recessed lighting layered throughout to control ambiance and functionality. This isn't about statement-making materials - it's about materials that perform, age well, and let the architecture breathe. The five bedrooms and five full bathrooms distribute across two levels with strategic flexibility. The main floor holds two bedrooms and two baths alongside the open kitchen and living space, a practical layout for guest accommodation or multi-generational proximity. Upstairs, three additional bedrooms, three more bathrooms, and a loft space provide workspace, media flexibility, or additional living zones. The covered rear porch extends into a resort-style pool and expansive backyard, the outdoor component that transforms this property from house to lifestyle hub.
Location matters here. The Crestview neighborhood in Austin's 78757 zip code positions you within the Austin ISD school district with Brentwood Elementary, Lamar Middle School, and McCallum High School serving the area. Madison Ave itself sits on one of the neighborhood's established streets, close enough to the greater Central Austin amenities while maintaining residential separation. The proximity to established Crestview commercial corridors and the easy commute patterns to major Austin employment centers make this work both for families prioritizing schools and professionals managing hybrid schedules.
The two-car garage handles vehicles. The private lot eliminates the typical new-construction density that frustrates many luxury buyers in Austin's current market. At zero days on market, this property reflects new construction demand in a neighborhood where established value meets fresh design. The completion timeline means you're financing new-construction pricing without the compromise of pre-owned deferred maintenance.
This is functional luxury for Austin buyers who distinguish between hype and actual living.
The numbers behind this insight
- Offered at
- $1,998,500
- Listed
- June 16, 2026
- Price changes
- 1, down 0% from $1,999,000
- Asking price per sq ft
- $609
Crestview market
- Homes sold
- 79
- Median sale price
- $715,000
- Median price per sq ft
- $463
- Median days on market
- 35
- Homes for sale now
- 17
- Months of supply
- 2.6
Crestview was Austin's post-war boom neighborhood - built in the early 1950s when GIs came home and needed houses fast. The result is one of the most cohesive mid-century neighborhoods in the city: 1,000-1,500 sqft ranch homes on 6,500-8,500 sqft lots, broad streets, and a layout that predates the cul-de-sac era.
The 78757 zip and the MetroRail station are what set Crestview apart from neighboring Brentwood and Allandale. The Crestview MetroRail stop runs to downtown in 12 minutes and to Leander in 30. Combined with the Lamar/Burnet bus corridor and the bike lanes on Justin Lane, you can live in Crestview without driving most days. That's rare for North Austin.
Original ranches start around $675K. Updated homes with kitchens, baths, and HVAC modernized run $950K-$1.3M. New builds and major renovations push $1.6M-$2.2M. The teardown rate has accelerated since 2020 but the neighborhood association has been active in protecting the streetscape.
Burnet Road is the food and shopping spine: Little Deli & Pizzeria, Texas French Bread, Phoebe's Diner, Yard Bar (with the dog park), and the long-standing Top Notch Hamburgers all sit within a mile. Lamar runs north to the Domain and south to downtown.
Schools serve Austin ISD: Brentwood Elementary, Lamar Middle, and McCallum High School with its Fine Arts Academy program. The Brentwood Park pool and tennis courts are shared with neighboring Brentwood. Wooldridge Square sits at the southern edge.
Best for buyers who want walkable urbanism, transit access, McCallum zoning, and an original 1950s house they can renovate or rebuild.
School District: Austin ISD
View Crestview neighborhood guide- Property Type
- Residential
- Year Built
- 2026
- Lot Size
- 0.19 acres
- Price / Sq Ft
- $609
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated September 28, 2026.
Listed by Compass RE Texas, LLC
MLS# 5129759 • Active Under Contract
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Ceiling-High
- Quartz Counters
- Interior Steps
- Kitchen Island
- Multiple Living Areas
- Open Floorplan
- Recessed Lighting
- Stainless Steel Appliance(s)
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Stucco
- Landscaped
- Private
- Wood
- Slab
- Covered
- Rear Porch
- Roof
- Metal
- Lot Size
- 0.19 Acres
- Attached Carport
- Driveway
- Garage Spaces
- 2
- Pool
- Yes
Financial
- Original List Price
- $1,999,000
- Price per Sq Ft
- $609
Utilities
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
6 records on file
Every recorded listing, sale, and lease at 1521 Madison Ave, whoever represented it.
- Active Under ContractListed 2026Current price: $1,998,500Original list: $1,999,000MLS 5129759
- Listed · June 16, 2026$1,999,000
- Price changed · July 28, 2026$1,998,500
- SoldDecember 8, 2025Listed at: $600,000MLS 5693185
- WithdrawnListed 1999Current price: $159,000Original list: $159,000MLS 521831
- WithdrawnListed 1999Current price: $159,000Original list: $159,000MLS 518927
- WithdrawnListed 1999Current price: $159,000Original list: $159,000MLS 508018
- WithdrawnListed 1999Current price: $159,000Original list: $159,000MLS 496776
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
Active Under Contract with current price, original ask, and market time.
- Current list
- $1,998,500
- Original list
- $1,999,000
- Price movement
- $500 reduction
- Listed / DOM
- Jun 16, 2026 · 104 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $771,135
- Assessment Year
- 2025
- Year Built
- 1950
- Parcel ID
- 000000236173
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+0.6% | — | $771,135 | — | — |
2024-10.8% | — | $766,809 | $360,000 | $335,340 |
2023+48.1% | — | $859,371 | $450,000 | $316,809 |
2022+13.8% | — | $580,330 | $450,000 | $409,371 |
2021 | — | $509,969 | $300,000 | $280,330 |
Zoned Schools
McCallum
Lamar
Brentwood
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.
Illustrative down payment
20% ($400K)
Adjustable assumption - not a lending recommendation.
Home price
$1,998,500
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Crestview pricing, timing, and property scale. No automated valuation claim.
List price
$1,998,500
Price per sqft
$609/sqft
Vs. Neighborhood guide reference price
+179.5%
$715K · Crestview neighborhood guide · reference price
Days on market
104 days
Original to current
$500 reduction
$2M original
Active inventory context
17 listings
Price Position in Crestview
Listed 180% above the Crestview neighborhood guide reference price. Crestview neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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Crestview Neighborhood Guide
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