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.
Listed By
Agency Name: Compass RE Texas, LLC
Agency Phone: (512) 575-3644
Shown By
Agent Name: Hodge Team
Agent Phone: (512) 947-0794
Agency Title: Realty Capital City
Estimated Payment
$ 2,201.62 per month $1,112.78 Principal & Interest $943.00 Property Tax $145.83 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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1723 E 38th St | MLS# 9365973
This single family home located at 1723 E 38th St , Austin, TX 78722 is currently listed for sale with an asking price of $500,000. This property was built in 1948 and has 2 bedrooms and 1 full baths with 871 sq. ft. E 38th St is located in the Giles Place subdivision within the Austin ISD school district. Search Giles Place real estate on hodgeteam.rmcapitalcity.com today.