#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
Welcome home to 7402 Gaines Mill Ln, a beautifully updated 3-bedroom, 2-bath retreat in one of South Austin's most sought-after neighborhoods (78745). Set on a spacious 0.23-acre corner lot with no HOA, this home offers the space and freedom families want, plus a fully fenced backyard shaded by mature oaks — room to relax, entertain, garden, or add a pool. A 2-car garage and extended covered patio round out a home built for everyday life.
Inside, enjoy brand-new wide-plank Waterproof SPC luxury vinyl flooring throughout (no carpet), fresh paint, and a welcoming living room with a gas fireplace, stone surround, and cedar mantel. The main-floor primary suite features a walk-in closet and a brand-new spa-like walk-in shower, with direct patio access.
Upstairs, a second living area opens to a bright white kitchen with quartz counters, soft-close cabinets, stainless appliances, gas range, and a breakfast bar. French doors lead from the dining area to a private balcony overlooking the backyard. Two more spacious bedrooms with walk-in closets share a full bath with a soaking tub — plenty of room for kids, guests, or a home office.
Smart home features throughout: Philips Hue color-changing smart bulbs, a Nest thermostat, Nest Protect smoke/CO alarm, Nest exterior cameras, and Yale smart door locks for everyday convenience and peace of mind.
Major systems — roof, HVAC, and water heater — were all updated in 2019. Refrigerator, washer, dryer, all smart home features, and upstairs TV convey. Zoned to Cunningham Elementary (7/10) and Covington Middle (6/10), both strong Austin ISD schools.
Minutes from the Menchaca corridor, Sunset Valley shopping, South Congress, St. Elmo, and downtown Austin — this is the rare combination of space, updates, and smart-home convenience families are searching for, with no HOA.
Property Type
Residential
Year Built
1981
Lot Size
0.23 acres
$/Sq Ft
$301
Garage
2 spaces
Listed by Keller Williams Realty
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Verified property facts
7402 Gaines Mill LN is listed at $615,000 with 3 bedrooms, 2 full bathrooms, 2,042 square feet, 0.23-acre lot. This places it above the ZIP 78745 single-family closed-sale median price of $475,000 (ZIP 78745 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 6, 2026).
7402 Gaines Mill LN is zoned for Austin ISD with assigned schools: Cunningham (elementary), Covington (middle), Crockett (high). School assignments should be verified directly with the district.
7402 Gaines Mill LN is a Residential built in 1981 featuring 3 bedrooms, 2 full bathrooms, 2,042 square feet, 0.23-acre lot.
7402 Gaines Mill LN 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 Sep 6, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
2 records on file
Every recorded listing, sale, and lease at 7402 Gaines Mill LN, 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 |
|---|---|---|---|---|
2025-3.3% | — | $584,069 | — | — |
2024-17.9% | — | $603,808 | $275,000 | $375,778 |
2023+46.9% | — | $735,810 | $275,000 | $328,808 |
2022+31.1% | — | $501,062 | $275,000 | $460,810 |
2021 | — | $382,291 | $125,000 | $376,062 |
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.
20% ($123K)
Adjustable assumption - not a lending recommendation.
$615,000
Luxury property intelligence
A sourced read on Southwest Oaks Ph 02 pricing, timing, and property scale. No automated valuation claim.
List price
$615,000
Price per sqft
$301/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
54 days
Original to current
$30K reduction
$645K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 6, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
The most recent annual property tax for 7402 Gaines Mill LN is $12,882. 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.
This page does not assume a mortgage rate or publish a monthly payment for 7402 Gaines Mill LN. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 6, 2026, 7402 Gaines Mill LN is offered at $615,000. The current MLS snapshot shows 186 active listings in 78745. Keenan Group has completed 29 verified transactions in 78745 within its 1,000+ completed transactions and $1B+ career volume across Austin.
7402 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.
10 events on record
Current Price
$615,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-3.3% | — | $584,069 | — | — |
2024-17.9% | — | $603,808 | $275,000 | $375,778 |
2023+46.9% | — | $735,810 | $275,000 | $328,808 |
2022+31.1% | — | $501,062 | $275,000 | $460,810 |
2021 | — | $382,291 | $125,000 | $376,062 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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