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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
This property has sold on August 30, 2021. Looking for something similar? Contact us or browse available homes.
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$390,000
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Incredible opportunity to own .166 acres in South Austin just minutes from South Congress, the revitalized St. Elmo District, and Downtown Austin. Nestled on a quiet street under mature trees sits a 1,594 square foot home with a spacious living room, multiple dining areas, 3 large bedrooms, and 2 full bathrooms. Whether you want to tear down and build custom or put your design and remodel skills to the test, the possibilities are endless! The home would look stunning with sleek modern finishes and fresh paint. The sprawling backyard is well shaded by mature trees. Enjoy being close to delicious eateries with relaxing environments including Café No Sé, Home Slice Pizza, Hopdaddy, and Perla's Seafood & Oyster Bar. Sing karaoke at Ego's or settle it for a night of rhythm and blues at Guero's Oak Garden. Visit The Yard off St. Elmo where you can indulge yourself with great drinks and food at St. Elmo Brewing Co., Still Austin Whiskey Co., and Li'l Nona's Pizza! Just 15 minutes to Austin-Bergstrom International Airport. Schedule a showing today!
Property Type
Residential
Year Built
1981
Lot Size
0.17 acres
$/Sq Ft
$245
Listed by Realty Austin
Property Details
Verified property facts
7401 Gaines Mill Ln is listed at $390,000 with 3 bedrooms, 2 full bathrooms, 1,594 square feet, 0.17-acre lot.
7401 Gaines Mill Ln is zoned for Austin ISD with assigned schools: Cunningham (8/10) (elementary), Covington (6/10) (middle), Crockett (high). School assignments should be verified directly with the district.
7401 Gaines Mill Ln is a Residential built in 1981 featuring 3 bedrooms, 2 full bathrooms, 1,594 square feet, 0.17-acre lot.
7401 Gaines Mill Ln is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
With 20% down ($78,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 7401 Gaines Mill Ln is around $2,739 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Listing timeline 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 |
|---|---|---|---|---|
2025-3.8% | — | $539,954 | — | — |
2024-9.3% | — | $561,208 | $275,000 | $328,406 |
2023+64.9% | — | $619,000 | $275,000 | $286,208 |
2022 | — | $375,331 | $275,000 | $344,000 |
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% ($78K)
$390,000
Luxury property intelligence
A sourced read on Southwest Oaks Ph 02 pricing, timing, and property scale. No automated valuation claim.
List price
$390,000
Price per sqft
$245/sqft
Vs. Southwest Oaks Ph 02 median
Not available
Days on market
1,748 days
Original to current
No verified reduction
$390K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Apr 25, 2026.
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Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
At $390,000, 7401 Gaines Mill Ln is in the Southwest Oaks Ph 02 market where there are currently 169 active listings in 78745. The Keenan Group has completed 29 transactions in 78745 as part of 1,000+ career sales totaling $1B+ across Austin.
7401 Gaines Mill Ln was built in 1981 (45 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.
9 events on record
Current Price
$614,999
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-3.8% | — | $539,954 | — | — |
2024-9.3% | — | $561,208 | $275,000 | $328,406 |
2023+64.9% | — | $619,000 | $275,000 | $286,208 |
2022 | — | $375,331 | $275,000 | $344,000 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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