$920,000
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 $920,000 ($522/sqft). 1,762 sqft. Built in 1997. Located in Shady Hollow, Austin TX. Priced 111% above the Shady Hollow median of $247/sqft. MLS #8635733. Listed by Asterra.
Property Overview
This 1.5-acre South Austin sanctuary on Penion Drive in Shady Hollow delivers the rare combination of rural privacy and suburban convenience that defines the best of the Hill Country lifestyle. The single-story, 3-bedroom home sits nestled among mature trees on a gently rolling lot, offering genuine seclusion within minutes of Southpark Meadows and the vibrant Manchaca Road corridor. Stone construction anchors the property with timeless character, while the open-concept interior showcases quartz countertops, wood flooring, and abundant natural light that flows from large windows and skylights throughout.
The outdoor living spaces here are the real draw—wraparound porches, a covered patio, and a stone pathway with sitting area transform the expansive grounds into an entertainer's paradise. Mature oaks and native plantings frame sweeping Hill Country views, while the cleared acreage provides endless possibilities for a guest house, pool, or additional structures. Smart home technology, a 2-car garage with carport, and excellent Austin ISD schools including Casey Elementary complete this rarely available offering.
Vox Real Estate Insight
At 1.5 acres in Shady Hollow with proximity to both nature and shopping, this property commands premium pricing that reflects the genuine scarcity of true estate-sized lots in established South Austin neighborhoods. The Vox Real Estate team recognizes this as a unique investment opportunity where buyers are essentially acquiring land value with an already-solid home, rather than simply buying traditional residential square footage.
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 $522/sqft, this listing is priced 111% above the Shady Hollow median of $247/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 | $522 |
| 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 $920,000, which is $522 per square foot. That is 111% above the Shady Hollow area median of $247/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 1 day. This is a recent listing.
What type of property is 1127 Penion Dr, Austin, TX 78748?
This is a Single Family Residence on a 65,340 sqft lot.