$915,000
3 bd · 2 ba · 1,762 sqft
1127 Penion Dr, Austin, TX 78748
1127 Penion Dr, Austin, TX 78748 is a 3-bedroom, 2-bathroom single family residence listed at $915,000 ($519/sqft). 1,762 sqft. Built in 1997. Located in Shady Hollow, Austin TX. Priced 133% above the Shady Hollow median of $223/sqft. MLS #8635733. Listed by Asterra.
Property Overview
Situated on 1.5 acres in the heart of South Austin, 1127 Penion Drive offers the rare combination of genuine acreage and convenient access to amenities. This three-bedroom, two-bath residence features an open kitchen anchored by quartz countertops and stainless steel appliances, complemented by wood flooring, high ceilings, and abundant natural light that floods through oversized windows and skylights. The main-level primary suite, smart thermostat, and dedicated laundry room enhance everyday living, while recessed lighting and built-in features add polish throughout the 1,762 square feet of living space.
The expansive lot showcases mature trees and rolling topography with multiple outdoor living areas including a covered patio, gazebo, and stone pathways with seating nooks perfect for entertaining or peaceful retreat. Stone construction, a metal roof, and a security system speak to the home's durability, while the flexible lot size opens possibilities for an additional dwelling unit or RV storage. Located in the Shady Hollow area near the renovated H-E-B and Southpark Meadows, this Slaughter Creek Acres property delivers South Austin's coveted Hill Country living without sacrificing proximity to shopping and dining on Manchaca Road.
Vox Real Estate Insight
At the Vox Real Estate team, we recognize that true acreage this close to South Austin's commercial corridors and Austin ISD schools represents increasingly scarce inventory. The property's price positioning reflects the premium value of both land and location, making it an exceptional opportunity for buyers seeking space and privacy in one of the city's most sought-after southwest corridors.
Agent Description
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.
Neighborhood: Shady Hollow
This property is located in Shady Hollow, Austin, TX. The area is known for Community Amenities, Golf Course, Pools & Tennis, Good Schools, Well-Maintained.
At $519/sqft, this listing is priced 133% above the Shady Hollow median of $223/sqft.
Property Details
| Property Type | Single Family Residence |
| Year Built | 1997 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Living Area | 1,762 sqft |
| Lot Size | 1.50 acres |
| Price / Sqft | $519 |
| Stories | One |
| Condition | Resale |
| Subdivision | Slaughter Creek Acres |
| County | Travis |
| MLS Area | SWE |
| Listed | Aug 14, 2026 |
| MLS # | 8635733 |
| Listed By | Asterra |
| Contact | (512) 231-2020 |
Interior
| Flooring | Carpet, Tile, Wood |
| Appliances | Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Range, Stainless Steel Appliance(s) |
| Interior Features | Built-in Features, Ceiling Fan(s), Quartz Counters, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat |
| Windows | Drapes |
| Laundry | Laundry Room, Main Level |
| Main-Level Bedrooms | 3 |
| Living Areas | 1 |
| Dining Areas | 1 |
Systems & Utilities
| Cooling | Ceiling Fan(s), Electric |
| Heating | Central |
| Utilities | Electricity Available, Propane, Water Available |
| Water Source | Public |
| Sewer | Septic Tank |
Exterior & Lot
| Construction | Stone |
| Roof | Metal |
| Foundation | Slab |
| Exterior Features | Exterior Steps, Gutters Full, Lighting, Private Yard |
| Patio & Porch | Covered, Front Porch, Patio, Rear Porch, Side Porch, Wrap Around |
| Fencing | Back Yard, Wood |
| Lot Features | Back Yard, Cleared, Landscaped, Native Plants, Rolling Slope, Trees-Large (Over 40 Ft), Many Trees |
| View | Hill Country, Neighborhood, Trees/Woods |
| Faces | West |
Parking
| Parking Spaces | 10 |
| Garage Spaces | 2 |
| Covered Spaces | 2 |
| Parking Features | Asphalt, Carport, Driveway, Gravel, Oversized |
Community & HOA
| HOA | No |
| Security | Security System, Smoke Detector(s) |
Assigned Schools
| Elementary | Casey |
| Middle | Paredes |
| High | Akins |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2026 |
| Annual Tax | $9,374 |
| Assessed Value | $577,736 |
| Parcel # | 04362102010000 |
| Legal Description | LOT 7A *RESUB OF LOT 7 BLK E SLAUGHTER CREEK ACRES MH S#P3555A/B |
| FEMA Flood Plain | No |
| In ETJ | No |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 1127 Penion Dr, Austin, TX 78748?
This property is listed at $915,000, which is $519 per square foot. That is 133% above the Shady Hollow area median of $223/sqft.
How many bedrooms and bathrooms does 1127 Penion Dr, Austin, TX 78748 have?
This home has 3 bedrooms and 2 bathrooms, with 1,762 square feet of living space.
When was 1127 Penion Dr, Austin, TX 78748 built?
This property was built in 1997, making it 29 years old.
What neighborhood is 1127 Penion Dr, Austin, TX 78748 in?
This property is in Shady Hollow, Austin, TX. The area is known for community amenities, golf course, pools & tennis.
How long has 1127 Penion Dr, Austin, TX 78748 been on the market?
This listing has been on the market for 20 days.
What type of property is 1127 Penion Dr, Austin, TX 78748?
This is a Single Family Residence on a 65,340 sqft lot.