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Just Listed

$500,000

1723 38th ST, Austin, TX 78722

Giles Place Sec 01

Bedrooms2
Bathrooms1
Sq Ft871
Acres0.16
Year Built1948

About This Property

Charm, character, and opportunity converge in Cherrywood, one of Central Austin's most beloved and walkable neighborhoods. Tucked beneath mature shade trees on an expansive 7,166-square-foot (0.1645-acre) lot, this classic 1940s bungalow has been lovingly cared for by the same owner for 20 years, and it shows in every detail. Rarely seen in Austin, the home's original cinder block construction is more than a conversation piece. It delivers incredible insulation and a hushed, solid quiet you simply won't find in newer builds. Inside, original hardwood floors carry the home's historic soul, while the beautifully updated kitchen and bath bring fresh, modern function without sacrificing an ounce of character. Two bedrooms and one full bath complete the efficient 871-square-foot interior. Outside, the property truly shines. An expansive wraparound deck extends the living space into a private, tree-shaded backyard made for slow morning coffees and warm Austin evenings with friends, while the detached garage offers instant flexibility as a workshop, studio, home gym, or future creative space. Here's where it gets exciting: this generous lot is also an exceptional development opportunity in the heart of East Austin. It offers a rare chance to expand, reimagine, or redevelop in the vibrant, coveted 78722, one of the city's most sought-after urban zip codes, with strong rental appeal for investors playing the long game. And the location delivers every single day. Long treasured for its tree-lined streets and eclectic homes, Cherrywood puts you minutes from UT, Mueller's parks and shopping, Downtown Austin, and public transit, with neighborhood icons like Este, Salty Sow, Civil Goat, Supreme Pizza, Haymaker, and The Long Goodbye all close at hand. Live in it, lease it, or build your vision. However you write the next chapter, this is Cherrywood at its most versatile: timeless character today, remarkable potential tomorrow.

Property Details

Property TypeSingle Family
MLS #9365973
Days on Market0
Lot Size0.16 acres
Listed7/11/2026
Last Updated7/11/2026

Location

County
Travis
School District
Austin ISD
MLS Area
3

Size

Lot Description
Back Yard, Curbs, Front Yard, Garden, Landscaped, Level, Native Plants, Near Public Transit, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft)
$/Acre
$3,039,514

Improvements

Garage Spaces
1
Fence
Back Yard, Fenced, Gate, Perimeter, Privacy, Wood
Exterior Features
Lighting, Private Yard
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Appliances
Dishwasher, Disposal, Exhaust Fan, Gas Range, Microwave, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator
Flooring
No Carpet, Tile, Wood
Fireplaces
Decorative, Living Room
Fireplace Count
1
Windows
Bay Window(s), Blinds, Window Coverings
Construction Materials
Block, Concrete, Plaster
Foundation
Slab
Roof
Composition, Shingle
Direction Faces
Northeast
Pool Features
None
Patio / Porch
Covered, Deck, Front Porch, Rear Porch, Side Porch, Wrap Around
View
Garden, Neighborhood
Community Features
Curbs, Dog Park, High Speed Internet, Park, Picnic Area, Playground, Restaurant, Smart Car Charging, Street Lights, Tennis Court(s), Trash Pickup - Door to Door, Trail(s)
Covered Spaces
1
Parking Features
Detached, Driveway, Garage

Location

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Listing provided by Joe Keenan · Compass RE Texas, LLC · (512) 415-7653

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.

$500,000
$500,000 | 1723 38th ST, Austin, TX 78722