$525,000

Property Overview

This 1950s Cherrywood home on Grayson Lane presents a rare opportunity for a creative buyer ready to build their vision on solid bones. The single-story layout spans 1,006 square feet across three bedrooms and two bathrooms, with nearly 11,000 square feet of land providing flexibility for expansion, ADU potential, or outdoor recreation. The neighborhood's tree-lined streets, proximity to UT Campus, and walkable access to beloved local spots like Cherrywood Coffeehouse and Civil Goat Coffee define the lifestyle this location offers.

The property sits in one of Austin TX's most vibrant neighborhoods, where strong community spirit meets urban convenience. Cherrywood residents enjoy easy access to Mueller's shopping and dining, plus quick drives to downtown Austin, making this address appealing to young professionals and families alike. At $522 per square foot, the price reflects the land value and location premium in this desirable 78722 zip code.

With authentic character and authentic potential, this Grayson Lane residence rewards buyers with vision who understand the value of location and community over surface-level finishes. The stage is set for a meaningful renovation project in one of Austin's most sought-after walkable neighborhoods.

Vox Residential Insight

At Vox Residential, we see this as a true value play for the right buyer—yes, it's priced 15% above the area median, but you're paying for Cherrywood's walkability and community strength, not outdated finishes. The land alone and location near UT and Mueller make this a smart long-term hold for someone ready to personalize the home themselves.

Agent Description

Meet one of the most exciting blank canvases in 78722! This single-story three-bed two-bath has all the characteristics of an Austin charmer! This house is ideal for someone who has vision and creativity and also wants to make a house a home. The perfect bones and baseline to truly make this house uniquely yours! The yard could nestle an ADU or, even more exciting, a pickleball court ! This house is perfect for an outgoing lifestyle and walking! It is located minutes from everywhere you want to be, The Long Goodbye. Civil Goat Coffee, and Bird Bird Biscuit, did we mention a short drive to Mueller and downtown Austin! This charmer is one for the books and will be a stand-out knock-out with a little love from its future owner. We cannot wait to see what you will design and create to call this house your home.

Neighborhood: Cherrywood

This property is located in Cherrywood, Austin, TX. The area is known for Cherrywood Coffeehouse, Tree-Lined Streets, Near UT Campus, Mueller Access, Strong Community.

At $522/sqft, this listing is priced 24% above the Cherrywood median of $421/sqft.

Property Details

Listing data last updated: May 19, 2026

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