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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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1723 E 38th St , Austin, TX 78722
$500,000
Est. Payment: $2,510.94/mo
2 Bed
1 Bath
871 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Jeannette Spinelli
Broker Associate & Founder
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House Description

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.
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Highlights

Listed by Joe Keenan , (512) 415-7653 and Cara Keenan , (512) 917-2326 Compass RE Texas, LLC , (512) 575-3644. Austin MLS mls logo

Property Type

Residential
Lot/Acreage
0.16

Year Built

1948

County

Travis

Area

3

 Neighborhood

Giles Place Sec 01

 School District

Austin ISD

Listing ID

9365973

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dishwasher, Exhaust Fan, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Disposal, Gas Range, Microwave
Floor:Carpet Free,Tile,Wood
Other:Ceiling Fan(s),Chandelier,Eat-in Kitchen,Main Level Primary,No Interior Steps,Quartz Counters,Recessed Lighting,Storage,Walk-In Closet(s),High Speed Internet
Other:Public

Exterior Features

Lot:Back Yard,Front Yard,Garden,Landscaped,Level,Native Plants,Near Public Transit,Many Trees,Trees Large Size,Trees Medium Size
Roof:Composition,Shingle
Others:Lighting,Private Yard,Updated/Remodeled
Sewer:Public Sewer
Parking Features:Driveway,Detached,Garage,Electric Vehicle Charging Station(s)
Principal Interest
$2,511
Taxes
$943

Home Price

$500,000

Loan Details

30 yrs
6.434%

Down Payment

20%
$100,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,510.94

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,510.94 $943.00 $0.00 $3,453.94
Yearly $30,131.22 $11,316.00 $0.00 $41,447.22
Total $903,936.66 $339,480.00 $0.00 $1,243,416.66

Today's Rates

30 Year

6.43%

20 Year

6.23%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Austin, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Spinelli Residential Group | KW - Austin Portfolio Real Estate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Austin MLS as distributed by MLS GRID

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Data last updated: 2026-07-17T17:20:59.000Z

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