1704 E 38th St, Austin, TX 78722

Tucked away behind a lush landscape of native plants and mature trees, 1704 East 38th Street is a rare treasure in the heart of Cherrywood. This 1947 build underwent a stunning transformation in 2016 with a two-story addition by award-winning architect Murray Legge that delivers a unique blend of distinct Old Austin with a modern and practical touch. As you cross the front threshold from an unassuming entrance, you're greeted by a remarkably well-appointed space, filled with light from oversized windows and high ceilings. The home features a cozy front sitting area that sets a relaxed tone, an open kitchen highlighted with custom cabinets by Executive Cabinetry, and a massive back living room with two sets of glass sliding doors that lead to separate custom built backyard patios -- dine al fresco on one, and lounge by a fire-pit on the other. With a diversity of backyard spaces, you'll long to spend your evenings outdoors among the home's xeriscaped and sustainably designed landscaping. Back inside, you'll find 2 bedrooms and a flex space on the main floor, the latter of which can double as a 4th bedroom, a home office, a playroom, an artist studio... just tailor it to your lifestyle! Upstairs you'll find the primary wing that exudes a tree-house vibe, with an ensuite featuring Palazzo tile floors and natural stone countertops and a spacious walk-in closet. And then there's the location — literally minutes from Mueller, UT campus, Dell Children’s, downtown, and beloved Cherrywood favorites like Cherrywood Coffeehouse and El Chilito. With a Walk Score of 92, you’re perfectly positioned to enjoy the best of the city, all while coming home to a quiet, tree-lined street that still captures the essence of Old Austin. This isn't just a home... it's a vibe, a lifestyle, and a chance to live in something truly special. New roof (2024) with a 12,342 kWh capacity solar system. Come have a look for yourself! **Ask your agent about the full list of upgrades in the MLS**

Cherrywood started as a veterans' housing subdivision in the 1940s, built to give returning servicemen affordable homes near the University of Texas. Eighty years later, those same modest bungalows sit on lots that have appreciated by roughly 2,000 percent, and the neighborhood has become one of the most interesting food destinations in central Austin without ever losing its residential, front-porch character.

The neighborhood occupies a compact rectangle in the 78722 zip code, roughly bounded by Airport Boulevard to the east, Manor Road to the south, I-35 to the west, and 51st Street to the north. Downtown Austin is about a 10-minute drive or a 15-minute bike ride. The University of Texas campus is even closer, sitting just across I-35. The Mueller development, built on the old Robert Mueller Municipal Airport, borders the northeast edge of Cherrywood and provides a modern counterpoint with its mixed-use retail, HEB grocery, and the Thinkery children's museum. East Austin's growing commercial corridors along Manor Road and Airport Boulevard are within walking distance.

The housing stock reflects the neighborhood's working-class origins with layers of reinvention on top. About 35 percent of the homes are post-war bungalows from the 1930s through 1950s, typically 900 to 1,400 square feet on lots around a tenth of an acre. Another 25 percent are ranch-style homes and cinder block builds from the 1940s through 1960s, many of which have been updated with modern kitchens and additions. Modern infill construction accounts for roughly 20 percent of the housing, with new builds filling in lots where older homes were demolished. You will also find duplexes, accessory dwelling units, and cottage properties scattered throughout. Prices range from the mid $400s for unrenovated bungalows to over $1 million for new construction or fully modernized homes on larger lots. The lot sizes are small but the location premium is significant given the proximity to UT and downtown.

Cherrywood is served by Austin ISD. The neighborhood schools include Lee Elementary and Blanton Elementary for the lower grades, Kealing Middle School, and McCallum High School. Kealing is notable for its fine arts and science magnet programs, which draw students from across the district. Austin ISD's transfer and magnet system gives families in Cherrywood access to specialized programs beyond just the neighborhood campuses. Several Montessori schools and private options also operate nearby, and the university area provides tutoring and enrichment resources.

The food scene is what puts Cherrywood on the map for people outside the neighborhood. Salty Sow on Manor Road is a gastropub that treats seasonal ingredients with genuine seriousness. Dai Due started as a hunting-and-foraging operation at the farmers' market before opening its butcher shop and restaurant, and it remains one of the most distinctly Texan dining experiences in the city. Cherrywood Coffeehouse anchors the morning routine for much of the neighborhood, serving as an informal community center with live music and local art on the walls. Love Supreme Pizza Bar handles late nights. Mi Madre's has been serving Tex-Mex breakfasts since before the neighborhood was fashionable. For daily life beyond food, Boggy Creek Greenbelt provides a walking and cycling path through the neighborhood, Patterson Park has a pool and playground, and Mueller Lake Park is right next door for larger gatherings and trail runs. The Texas Farmers' Market at Mueller runs year-round on Sundays.

In Austin's market hierarchy, Cherrywood sits between the more expensive Hyde Park to the north and the rapidly changing East Austin neighborhoods to the south. It offers better value than Hyde Park for comparable proximity to UT and downtown, though the lots tend to be slightly smaller. Compared to the Holly and Cesar Chavez corridors of East Austin, Cherrywood feels more established and less in transition. It has a neighborhood identity that has been building for decades rather than one that is still being defined. The Manor Road commercial strip gives it a walkable dining scene that most East Austin residential streets cannot match.

Cherrywood works best for buyers who want central Austin character at a price point below what Hyde Park and Bouldin Creek demand. It is ideal for UT-affiliated professionals, creative types who want to walk to good restaurants, and couples or small families who value neighborhood community over square footage. If you need a large yard or a home over 2,500 square feet, you will likely need to look at new construction, but if you can work within the scale of a 1940s bungalow or a modern infill, Cherrywood delivers a daily experience that is hard to replicate anywhere else in the city.