Austin, TX 78748 (Travis County)
About this property
South Austin Oasis situated on 1.5 acres in a quiet cul-de-sac, offering the space and privacy that can be hard to find this close to town. The property is conveniently located near the newly renovated H-E-B, Southpark Meadows, and the thriving Manchaca Road district. The 3-bedroom, 2-bath home features an open kitchen with quartz countertops, wood flooring, high ceilings, stainless steel appliances, and abundant natural light throughout. Large windows and skylights bring plenty of natural light into the home while providing views of the surrounding trees and property. Outside, the expansive 1.5-acre lot offers plenty of room to enjoy the outdoors, with mature trees, a covered patio, gazebo, stone path way with sitting area, and ample space for entertaining, relaxing, or adding a pool. The size of the lot also provides a buyer with the opportunity to build an additional ADU structure or RV storage. A rare opportunity to own acreage in South Austin while remaining close to shopping, dining, entertainment, and the amenities of the Manchaca Road and Southpark Meadows areas. Hot tub and outdoor TV do not convey with the sale.
Property details
Location
About the Area
1127 Penion Dr is located in Austin, Texas, in Travis County. Travis County is home to Austin, the capital of Texas and one of the fastest-growing major cities in the United States. Beyond the urban core, Travis County still contains significant ranch and acreage properties in its western reaches, where the Hill Country meets the city and land values reflect both agricultural heritage and proximity to one of America's most dynamic economies.
The Colorado River flows through Travis County, impounded into Lake Travis and Lake Austin, key recreation anchors for the region. The Balcones Escarpment marks the transition from the limestone Hill Country in the west to the Blackland Prairie in the east. Barton Creek and its tributaries carve spring-fed swimming holes and nature preserves within the urban fabric.
Austin had an estimated population of 967,862 as of 2023. The 78748 zip code has a median household income of $107,652, a median home value of $434,100, and a median age of 36.5. The average household size is 2.22 people.
Austin's economy is anchored by the University of Texas, state government, and a massive technology sector that has attracted Apple, Tesla, Oracle, Dell, and hundreds of startups. Travis County acreage properties command premium prices reflecting proximity to the Austin job market, major airports, and world-class amenities.
Demographic data sourced from the U.S. Census Bureau, American Community Survey 5-Year Estimates (2023).
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