3 bed, 2 bath, 2,042 sqft on 0.23 acres in Austin. Austin, TX 78745. $595,000. Austin ISD.
About This Home
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
- Price / Sq Ft
- $291
- Garage
- 2 spaces
Listing information last updated September 28, 2026.
Listed by Keller Williams Realty
MLS# 4989976 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Ceiling Fan(s)
- Quartz Counters
- Interior Steps
- Multiple Living Areas
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Storage
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Dryer
- Gas Range
- Microwave
- Refrigerator
- Free-Standing Refrigerator
- Stainless Steel Appliance(s)
- Vented Exhaust Fan
- Washer
- Washer
- Dryer
- Water Heater
- Vinyl
- Heating
- Central,Natural Gas
- Cooling
- Ceiling Fan(s),Central Air,Exhaust Fan
- Fireplaces
- 1
Exterior & Lot
- Exterior Steps
- Rain Gutters
- Private Yard
- Hardi
- Plank Type
- Stone
- Corner Lot
- Level
- Open Lot
- Sprinkler - Automatic
- Trees-Large (Over 40 Ft)
- Fenced
- Privacy
- Wood
- Slab
- Covered
- Deck
- Front Porch
- Patio
- Rear Porch
- Roof
- Asphalt,Composition
- Lot Size
- 0.23 Acres
- Garage
- Garage Faces Front
- Garage Spaces
- 2
Financial
- Original List Price
- $645,000
- Price per Sq Ft
- $291
Utilities
- Cable Connected
- Electricity Connected
- Natural Gas Connected
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 7402 Gaines Mill LN, whoever represented it.
- ActiveListed 2026Current price: $595,000Original list: $645,000MLS 4989976
- Listed · July 14, 2026$645,000
- Price changed · July 27, 2026$635,000
- Price changed · September 3, 2026$615,000
- Price changed · September 29, 2026$595,000
- SoldSeptember 13, 2019Listed at: $398,000MLS 3977101
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $595,000
- Original list
- $645,000
- Price movement
- $50K reduction
- Listed / DOM
- Jul 14, 2026 · 96 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $584,069
- Assessment Year
- 2025
- Year Built
- 1981
- Parcel ID
- 000000333289
| 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 |
Virtual Tour
Zoned Schools
Crockett
Covington
Cunningham
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.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($119K)
Adjustable assumption - not a lending recommendation.
$595,000
Luxury property intelligence
Keenan Market Position
A sourced read on Austin pricing, timing, and property scale. No automated valuation claim.
List price
$595,000
Price per sqft
$291/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
96 days
Original to current
$50K reduction
$645K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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