2907 Pinecrest Dr, Austin, TX 78757

Located in the heart of Austin’s highly sought-after Allandale neighborhood, 2907 Pinecrest Dr offers a rare and exciting opportunity to bring your vision to life in one of the city’s most beloved communities.

Whether you're looking to renovate, reimagine, or start fresh with new construction, this property presents endless possibilities. The existing home is a 3-bedroom, 2-bathroom layout that includes multiple flexible living spaces—ideal for a wide range of needs and lifestyles. A sunroom off the back of the home provides a light-filled retreat perfect for morning coffee or afternoon reading, while a garage conversion adds additional square footage that could be used as a media room, home gym, office, or guest suite. The primary suite has a very large walk-in closet and an ensuite bathroom for privacy and convenience.

While the home will require a complete renovation to restore it to its full potential, the true value lies in the location, lot, and character of the property. The lot is ideally situated on a quiet, tree-lined street and boasts outstanding curb appeal, thanks to the striking tree at the front of the property that makes a memorable first impression and offers shade and beauty year-round.

Allandale is one of Austin’s premier neighborhoods for good reason—offering a unique blend of classic charm and modern convenience. Residents enjoy close proximity to downtown Austin, as well as easy access to a variety of parks, playgrounds, pools, hike-and-bike trails, and some of the city’s best local restaurants, coffee shops, and boutiques.

This is more than just a renovation project—it’s a chance to create your dream home in a neighborhood where opportunities like this are few and far between. Whether you're a home buyer with a vision, an investor looking for your next project, or a builder seeking the perfect lot, this is the canvas waiting for your creativity. Don't miss it!

Allandale is a mid-century neighborhood in North-Central Austin's 78757, built around the Burnet Road dining corridor and the Shoal Creek trail. Median home price $950K. Austin ISD schools (Gullett Elementary), 12 minutes to downtown, 8 minutes to UT campus.

The housing stock is predominantly 1950s-60s ranch homes on generous lots (8,000-12,000+ sq ft) — big enough for serious yard space, a pool, or a future addition. Some owners have updated; others love the original floor plans. A teardown-and-rebuild wave is underway but slower than in Westlake or Tarrytown. Active listings typically number 10-15 at any given time.

Burnet Road changed everything. Barley Swine, Bufalina Due, Pinthouse Pizza, Yard Bar, and Phil's Icehouse turned this stretch into one of Austin's best dining corridors. Beverly S. Sheffield Northwest Pool (Austin's first Olympic-sized public pool, opened 1956) anchors summer life. Shoal Creek bisects the neighborhood with a trail connecting south to downtown and north to Anderson Lane.

What makes Allandale the value play in Central Austin: lot sizes that rival Tarrytown at half the price, a dining corridor that rivals South Congress, and a commute that's shorter than most suburbs. The tradeoff is Austin ISD (good but not Eanes) and mid-century homes that may need updating.