
Amazing opportunity in a prime Central Austin location directly across from The Grove. This large, flat lot with rear alley access is ideal for a new custom home or a complete renovation. The property is being sold as-is, with the value primarily in the land. There are two structures on the property: a 2-bedroom, 1-bath main house and a nice efficiency unit at the rear. Both structures are solid but require a complete renovation. The property previously generated $3,350 per month in rental income in its current condition; however, the former tenants left it in poor condition. The highest and best use may be a teardown for new construction, although buyers looking for a major renovation project will also appreciate the property's potential. Its exceptional location directly across from The Grove places shopping, dining, parks, and entertainment just steps away, making this a rare redevelopment opportunity in one of Central Austin's most desirable areas.
Property Type
Residential
Year Built
1950
Lot Size
0.16 acres
$/Sq Ft
$646
Listed by Keller Williams Realty
Property Details
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Parking
Verified property facts
1807 W 38th ST is listed at $750,000 with 3 bedrooms, 2 full bathrooms, 1,161 square feet, 0.16-acre lot.
1807 W 38th ST is zoned for Austin ISD with assigned schools: Bryker Woods (elementary), O Henry (middle), Austin (high). School assignments should be verified directly with the district.
1807 W 38th ST is a Residential built in 1950 featuring 3 bedrooms, 2 full bathrooms, 1,161 square feet, 0.16-acre lot.
1807 W 38th ST is listed by Keller Williams Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Aug 31, 2026.
The most recent annual property tax for 1807 W 38th ST is $12,713. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Comparable homes that recently closed in this area
1 record on file
Every recorded listing, sale, and lease at 1807 W 38th ST, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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 |
|---|---|---|---|---|
2025-1.5% | — | $707,311 | $564,956 | $142,355 |
2024-5.7% | — | $717,999 | $550,000 | $181,613 |
2023+38.0% | — | $761,306 | $550,000 | $167,999 |
2022+6.4% | — | $551,630 | $550,000 | $211,306 |
2021 | — | $518,654 | $425,000 | $126,630 |
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% ($150K)
Adjustable assumption - not a lending recommendation.
$750,000
Luxury property intelligence
A sourced read on Oakmont Heights pricing, timing, and property scale. No automated valuation claim.
List price
$750,000
Price per sqft
$646/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
24 days
Original to current
$85K reduction
$835K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Aug 31, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
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District guide, nearby schools, and homes by attendance area
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Pricing, prep, launch timing, and Compass marketing strategy
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This page does not assume a mortgage rate or publish a monthly payment for 1807 W 38th ST. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Aug 31, 2026, 1807 W 38th ST is offered at $750,000. The current MLS snapshot shows 63 active listings in 78731. Keenan Group has completed 107 verified transactions in 78731 within its 1,000+ completed transactions and $1B+ career volume across Austin.
1807 W 38th ST was built in 1950 (76 years ago). Buyers should budget for potential updates to major systems.
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
$750,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-1.5% | — | $707,311 | $564,956 | $142,355 |
2024-5.7% | — | $717,999 | $550,000 | $181,613 |
2023+38.0% | — | $761,306 | $550,000 | $167,999 |
2022+6.4% | — | $551,630 | $550,000 | $211,306 |
2021 | — | $518,654 | $425,000 | $126,630 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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