400 W Alpine Rd, Austin, TX 78704

.REFRESHED LISTING & MAJOR PRICE IMPROVEMENT! Unique, beautiful South Central Austin property on a generous half-acre+ lot with TWO HOMES! The house in front is a former school with 5 bedrooms/2 bathrooms (can also be divided into 2 livable spaces). In back is a 3 bedroom/1bath charming farmhouse. GREAT BONES! Rent out one home while you live in the other. Also has large buildable area in the back part of the lot.. or have a giant yard for the kids to play. There are so many possibilities. Convenient access to Ben White, St. Edward’s University, and St David’s Medical Center. Only 10 minutes to downtown, the airport or the Y. Come see to appreciate all this property has to offer.

The clearest advantage here is scale for the price. At $1.20M, or $321 per square foot, 400 W Alpine Rd delivers 3,733 square feet with seven bedrooms and three baths, a size and bedroom count that stand out in a residential offering in MLS Area 6. For buyers who measure value by usable square footage and flexibility, that combination matters more than surface-level marketing language. A seven-bedroom layout creates options that are increasingly hard to find at this price point, whether the priority is multigenerational living, dedicated guest space, private offices, or a higher-capacity household setup.

Built in 1953, the property sits in a part of the market where age can signal established housing stock rather than recent speculative inventory. That matters because older homes often trade on a different set of fundamentals than newer construction. Buyers are evaluating room count, footprint, and how the structure can support present needs and future improvements. Here, the numbers are the story. A 3,733 square foot residence with this many bedrooms gives an owner a large operating envelope from day one, and the $321 per square foot figure helps frame the asset against replacement cost and renovation economics in Austin.

The lack of a public-facing description also shifts attention back where it belongs, to the hard facts in the record. There is no need to overstate what is not documented. The value case is already clear: substantial interior size, an uncommon seven-bedroom count, and a position in Travis County within the Austin market. With 107 days on market, this is also the kind of listing that invites a disciplined buyer to look past missing narrative copy and focus on structure, layout utility, and basis. Sophisticated buyers do that well. They know that incomplete marketing material does not change the underlying math of square footage, bedroom count, and acquisition cost.

For an owner who wants a large residential footprint in Austin without paying a much steeper basis for equivalent size, 400 W Alpine Rd presents a straightforward opportunity. The next chapter of value here will come from how well a buyer uses that scale, whether as a long-term hold, a reworked primary residence, or a strategic repositioning within a market that continues to reward usable square footage and flexible housing configurations.