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Glenway Terrace Homes for Sale

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Glenway Terrace is a quiet, established neighborhood tucked into the heart of South Austin, offering residents easy access to South Congress Avenue, Zilker Park, and the kind of walkable, character-rich environment that draws people to this part of the city in the first place. Homes here reflect the textures of old Austin, with mature trees shading compact streets, a mix of original construction and thoughtfully updated properties, and lot sizes that give each home a genuine sense of place. The neighborhood sits within Austin ISD, served by Linder Elementary, Lively Middle School, and Travis High School. Buyers looking for a foothold in Central Austin often find Glenway Terrace to be one of the more accessible entry points into a city where well-located properties hold their value over time. Neighborhoods | Schools | Market Overview | Getting Around | FAQs

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2 bed, 1 bath, residential lease at 2516 Glen Springs WAY # B, Austin TX 78741, Austin TX For Lease 9 photos
$1,325/mo
2 bd 1 ba 1,782 sqft
2516 Glen Springs WAY # B, Austin TX 78741 Austin, TX 78741
63 days on market 13.4 mi away

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Recent Sales in This Area

See what homes have recently sold nearby

No Photo
Off Market
Sold Oct 2025
2 bd 2 ba 1,782 sqft
2524 Glen Springs WAY # A, Austin TX 78741 Austin, TX 78741
No Photo
Off Market
Sold Aug 2025
3 bd 2 ba 1,372 sqft
2505 Parker LN # A, Austin TX 78741 Austin, TX 78741
No Photo
Off Market
Sold Aug 2025
3 bd 2 ba 2,744 sqft
2505 Parker LN # B, Austin TX 78741 Austin, TX 78741
3 bed, 2 bath, residential lease at 2503 BIGGS DR, Austin TX 78741, Austin TX Off Market
Sold Jun 2025
3 bd 2 ba 1,272 sqft
2503 BIGGS DR, Austin TX 78741 Austin, TX 78741
3 bed, 2 bath, residential lease at 2507 Parker LN # A, Austin TX 78741, Austin TX Off Market
Sold May 2025
3 bd 2 ba 1,232 sqft
2507 Parker LN # A, Austin TX 78741 Austin, TX 78741

About Glenway Terrace Homes for Sale

Neighborhoods & Subdivisions in Glenway Terrace

Glenway Terrace is a compact residential area in South Austin where the Glenway Terrace subdivision makes up the core of the community. Lots here typically run around a fifth of an acre, giving homes room for mature landscaping and outdoor space without stretching into the maintenance demands of larger suburban properties. Streets in the neighborhood carry that unmistakable South Austin quality: a relaxed pace, established tree canopy, and homes that feel lived-in rather than staged.

The surrounding area deepens the appeal considerably. South Congress Avenue sits nearby, with its collection of local restaurants, vintage shops, music venues, and the general energy that has defined Austin's identity for decades. Zilker Park is a short drive west, offering over 350 acres of green space, Barton Springs Pool, and the Barton Creek Greenbelt trailhead. The Ann and Roy Butler Hike-and-Bike Trail along Lady Bird Lake is also within easy reach, one of the city's most-used outdoor corridors for cyclists and runners alike.

Buyers considering other parts of the metro will find that Austin offers a broad range of established neighborhoods with similar Central Austin character across the city. Those open to a different pace might also look at Lakeway, which sits on Lake Travis about 25 miles west and offers Hill Country access alongside a more suburban layout.

Schools in Glenway Terrace

Glenway Terrace falls within Austin Independent School District, one of the largest school districts in Texas and home to a wide range of magnet programs, specialty academies, dual-language initiatives, and Advanced Placement offerings. Students in this area attend Linder Elementary, Lively Middle School, and Travis High School.

Linder Elementary is a neighborhood school with a long presence in South Austin, known for its engaged community and Austin ISD's broader emphasis on STEM integration and the arts. Lively Middle School is one of the district's established South Austin campuses, located near the intersection of South First and Mary Street, and offers a range of extracurricular activities and elective options for students in grades six through eight. Travis High School on East Oltorf Street is a comprehensive high school with a history stretching back generations in the South Austin community. Travis offers Advanced Placement courses, career and technical education pathways, and a strong athletics program that draws students from across the attendance zone.

Families should always verify current attendance boundaries directly with Austin ISD, as district rezoning does occur periodically and boundary lines can shift between school years.

Real Estate Market Overview

Glenway Terrace sits in a part of Austin where location carries significant weight. Properties here benefit from proximity to downtown, walkable access to South Congress, and the general desirability that Central Austin real estate has maintained through years of growth and change. The neighborhood is primarily single-family, though the area also sees residential income properties, reflecting a broader South Austin pattern where older homes are sometimes redeveloped or converted for multi-unit use.

Homes in Glenway Terrace tend to offer buyers a more accessible price point compared to neighborhoods immediately adjacent to downtown or along the premium SoCo corridor. Lot sizes around a fifth of an acre give properties meaningful outdoor space without the upkeep burdens of larger suburban lots. Much of the existing housing stock reflects original South Austin construction, with some homes having been renovated or modernized while others remain closer to their original condition. That range creates opportunities for buyers who want to update and add equity as well as for those seeking a move-in ready property.

For buyers wanting a broader view of what is available across the metro, a search of Austin area homes for sale puts Glenway Terrace in context alongside dozens of established neighborhoods competing for similar buyer interest.

Getting Around Glenway Terrace

One of the practical strengths of this location is the commute. Downtown Austin sits roughly three to five miles north depending on the specific destination, making this one of the shorter drives available anywhere in the metro. South Lamar Boulevard and South Congress Avenue both run north-south through the neighborhood's broader area and connect directly to downtown, offering multiple route options during peak hours so drivers are not locked into a single corridor.

Interstate 35 is easily accessible from the neighborhood and connects residents heading north toward the Domain, the tech corridor along US-183, and further into Round Rock and Georgetown. Heading south, I-35 links to Buda, Kyle, and eventually San Antonio. For travel in the east-west direction, Ben White Boulevard (US-290) runs nearby and provides a route toward Austin-Bergstrom International Airport, which is approximately eight to ten miles southeast.

Capital Metro bus routes serve South Austin with connections to downtown, the University of Texas campus, and other parts of the city. The overall accessibility of the neighborhood from multiple directions gives residents solid options for getting around regardless of where daily obligations take them. Cyclists will also find that South Austin's established bike lane network makes two-wheel commuting genuinely viable for many destinations.

Neuhaus Realty Group works with buyers and sellers throughout South Austin, including Glenway Terrace and the surrounding neighborhoods. Our team knows this part of the city well and can help you understand what is available across the South Austin corridor.

Frequently Asked Questions

What schools serve Glenway Terrace?
Glenway Terrace is zoned to Austin Independent School District. Students attend Linder Elementary, Lively Middle School, and Travis High School. All three campuses are located in South Austin and have served the neighborhood for many years. Always confirm current attendance boundaries directly with Austin ISD before making a purchase decision, as boundary lines are subject to change.
How far is Glenway Terrace from downtown Austin?
Glenway Terrace is approximately three to five miles from downtown Austin, depending on the specific destination. South Congress Avenue and South Lamar Boulevard both provide direct routes north into the city center. The short distance makes this one of the more commute-friendly locations available in the broader Austin market.
What is the general price range for homes in Glenway Terrace?
Glenway Terrace sits in the mid-range for Central Austin, generally offering a more accessible entry point compared to premium neighborhoods directly adjacent to downtown or along the SoCo corridor. The neighborhood's location and lot sizes contribute to steady demand from buyers seeking Central Austin access. Live pricing is displayed in the market stats above.
What types of properties are available in Glenway Terrace?
The neighborhood is primarily single-family residential, with homes averaging around 2,000 square feet on lots of approximately a fifth of an acre. The area also includes some residential income properties, reflecting a South Austin trend of older homes being updated for rental use. Most of the housing stock reflects original mid-century construction, with a mix of updated and original-condition homes available at various price points.
What is the property tax rate in Glenway Terrace?
Glenway Terrace is in Travis County, where the combined property tax rate typically falls in the range of 1.8 to 2.2 percent of appraised value, depending on the specific taxing entities that apply to a given property. Texas has no state income tax, so property taxes tend to run higher than in states that tax income. Your lender or a local title company can provide a precise tax estimate for any specific property you are considering.
Are there HOA fees in Glenway Terrace?
Glenway Terrace is an older, established neighborhood and most single-family homes here do not carry mandatory HOA fees. This is typical for South Austin neighborhoods platted before the era of master-planned communities. Buyers should confirm HOA status on any specific property through the seller's disclosure or a title search.
What outdoor activities are near Glenway Terrace?
The neighborhood is well-positioned for outdoor recreation. Zilker Park and Barton Springs Pool are a short drive west, and the Barton Creek Greenbelt offers miles of hiking and swimming holes. The Ann and Roy Butler Hike-and-Bike Trail along Lady Bird Lake is also within easy reach, giving residents access to one of the city's most popular running and cycling corridors. South Austin's established bike lane network makes many destinations reachable without a car.
How does Glenway Terrace compare to nearby communities like Lakeway?
Lakeway sits about 25 miles west of Glenway Terrace on Lake Travis and offers a more suburban setting with Hill Country views and lake access. Glenway Terrace, by contrast, is a compact urban neighborhood in the heart of South Austin, with walkable access to SoCo and a short commute to downtown. The two communities serve different lifestyle preferences and price points, giving buyers meaningful options depending on whether they prioritize Central Austin convenience or Hill Country space.
Ed Neuhaus, Austin Realtor

Ed Neuhaus

Broker / Owner, Neuhaus Realty Group · TREC #593057

Licensed Texas Realtor since 2007 serving Austin and the Hill Country. Investor, STR operator, and straight-talking advisor for buyers, sellers, and investors. 16 five-star reviews.

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Listing data provided by ACTRIS MLS. Information deemed reliable but not guaranteed. © 2026 Austin Central Texas Realty Information Service.

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