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Homes for Sale in Mayfair Terrace, Austin, TX

Mayfair Terrace is a compact, established neighborhood tucked into central Austin, offering the kind of walkable urban living that keeps longtime Austinites rooted close to the core of the city. Zoned to the well-regarded McCallum High School and positioned within easy reach of Airport Boulevard's dining corridor, the neighborhood carries a quiet residential character that sits comfortably alongside the energy of surrounding central Austin districts. Modest lot sizes and a mix of housing styles give the area a genuine neighborhood feel, and its Travis County location puts residents close to everything that makes central Austin worth living in. Whether you are renting while you explore the market or looking for a foothold in one of Austin's more central pockets, Mayfair Terrace deserves a closer look. Schools | Neighborhoods | Market Overview | Lifestyle | Getting Around | FAQs

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Nearby Homes in Austin

3 bed, 3 bath, residential at 2910 E 4th, Austin TX 78702, Austin TX For Sale New Construction 40 photos
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Recent Sales in This Area

3 bed, 2 bath, residential lease at 1021 E 45th ST, Austin TX 78751, Austin TX Off Market
Sold Jul 2025
3 bd 2 ba 1,278 sqft
1021 E 45th ST, Austin TX 78751 Austin, TX 78751
3 bed, 3 bath, residential lease at 1023 Ellingson LN, Austin TX 78751, Austin TX Off Market
Sold Jul 2025
3 bd 3 ba 1,697 sqft
1023 Ellingson LN, Austin TX 78751 Austin, TX 78751
3 bed, 2 bath, residential lease at 1012 E 44th ST # A, Austin TX 78751, Austin TX Off Market
Sold Jun 2025
3 bd 2 ba 1,455 sqft
1012 E 44th ST # A, Austin TX 78751 Austin, TX 78751
No Photo
Off Market
Sold Jun 2025
1 bd 1 ba 560 sqft
1037 E 44th ST # 102, Austin TX 78751 Austin, TX 78751
No Photo
Off Market
Sold Jun 2025
1 bd 1 ba 475 sqft
1026 Ellingson LN # B, Austin TX 78751 Austin, TX 78751

About Mayfair Terrace, Austin TX Real Estate

Mayfair Terrace: A Central Austin Neighborhood

Mayfair Terrace is one of those central Austin neighborhoods that tends to fly under the radar, quietly holding its own while larger, better-marketed districts grab headlines. The neighborhood sits in Travis County within the broader Austin city limits, and its modest footprint means it retains a cohesive character that larger master-planned communities often lack. Lots here are compact by Texas standards, which translates to lower maintenance and a closer-knit streetscape compared to the sprawling suburban developments farther out.

The Mayfair Terrace subdivision itself makes up the core of this area. Homes here reflect a range of eras, giving the neighborhood an authentic, lived-in feel rather than the uniform look of newer construction. For buyers drawn to central Austin's established stock, that architectural variety is part of the appeal. The neighborhood's density and scale also mean that neighbors tend to know each other, and the rhythm of daily life is tied more to the surrounding urban grid than to any single amenity complex.

Schools Serving Mayfair Terrace

Students in Mayfair Terrace are zoned to Austin ISD, one of the largest and most programmatically diverse school districts in Central Texas. The feeder pattern runs through Lee Elementary, Kealing Middle School, and McCallum High School, a combination that covers a range of academic and extracurricular offerings across grade levels.

McCallum High School in particular has a strong reputation in the Austin ISD system, known for its Fine Arts Academy, which draws students interested in visual art, dance, theatre, and music. Kealing Middle School offers an accelerated magnet program for qualifying students, giving families in the attendance zone access to a more rigorous academic track within the public school system. Lee Elementary rounds out the feeder pattern with a central Austin campus that reflects the diversity and energy of the surrounding community.

For families weighing school options alongside location, Mayfair Terrace's position within this Austin ISD feeder makes it worth including in any serious central Austin search.

Real Estate Market Overview

The Mayfair Terrace real estate market reflects conditions common to established central Austin neighborhoods: limited inventory, consistent demand from buyers who prioritize location over square footage, and a mix of property types that ranges from older bungalows to more recently updated homes. Because the neighborhood is small, activity tends to be modest in volume but meaningful in terms of what each sale signals about overall demand in this part of the city.

It is worth noting that the current inventory in Mayfair Terrace skews heavily toward residential lease listings, which is not unusual for central Austin neighborhoods where investors and homeowners alike recognize the rental value of a central location. Buyers looking to purchase rather than rent should work with an agent who monitors this submarket closely, since ownership opportunities can move quickly when they do appear.

Buyers also consider nearby neighborhoods like Crestview, Brentwood, and the North Loop district when searching in this part of Austin, as they share similar proximity to central city amenities and the same Austin ISD feeder schools. Neuhaus Realty Group works with buyers across central Austin and can help you understand how Mayfair Terrace compares to adjacent areas when making your search decisions.

Lifestyle and Amenities

Living in Mayfair Terrace means being genuinely close to the things that make central Austin worth the price premium. The neighborhood sits within reach of Airport Boulevard, a corridor that has seen significant reinvestment in recent years, bringing new restaurants, coffee shops, and neighborhood-scale retail to what was once a more industrial stretch. The surrounding areas of Hyde Park, North Loop, and Crestview all contribute to a walkable, bikeable environment with a strong independent business culture.

Residents have easy access to Brentwood Park and Beverly Sheffield Park, both of which offer green space and recreational facilities within a short drive or bike ride. The broader central Austin grid also puts Mayfair Terrace within a reasonable distance of Shoal Creek Trail, one of the city's more popular urban greenways, which connects neighborhoods from North Austin all the way down toward Lady Bird Lake.

The neighborhood's central location means dining and entertainment options are genuinely varied. North Loop's vintage shops and local restaurants sit nearby, as do the larger commercial nodes along Burnet Road and South Lamar for those willing to drive a few extra minutes. For day-to-day errands, H-E-B locations in the surrounding area keep grocery runs quick and manageable.

Getting Around Mayfair Terrace

Mayfair Terrace's central Austin position is one of its most practical advantages. Downtown Austin is typically reachable in 15 to 25 minutes depending on traffic, and the neighborhood sits close enough to major north-south corridors like Airport Boulevard, Lamar Boulevard, and Burnet Road to make most errands manageable without significant highway time.

For commuters heading to the Domain, the North Austin tech corridor, or the University of Texas campus, the proximity to these destinations is a meaningful benefit. The area is also reasonably served by Capital Metro bus routes, which run along several of the major arterials adjacent to the neighborhood, making car-free or car-light living more realistic here than in many suburban parts of the metro.

Residents heading south toward the Medical District or north toward the Domain will find that the central location compresses commute times in both directions, a practical advantage that becomes more apparent as the Austin metro continues to grow outward. Those comparing Mayfair Terrace to suburban alternatives in Austin's outer neighborhoods will often find the trade-off in square footage and lot size worthwhile given the time saved in daily commuting.

Working With a Local Agent in Mayfair Terrace

Small, centrally located neighborhoods like Mayfair Terrace require an agent who knows when to move and how to position an offer in a market with limited turnover. The team at Neuhaus Realty Group specializes in the central Austin market and can give you a grounded, current read on what Mayfair Terrace looks like compared to adjacent neighborhoods when you are ready to make a decision.

Frequently Asked Questions

What school district serves Mayfair Terrace?
Mayfair Terrace is zoned to Austin ISD. The feeder pattern includes Lee Elementary, Kealing Middle School, and McCallum High School. Kealing offers an accelerated magnet program for qualifying students, and McCallum is known for its Fine Arts Academy within the district.
How far is Mayfair Terrace from downtown Austin?
Mayfair Terrace is in central Austin and typically sits about 15 to 25 minutes from downtown, depending on traffic. The neighborhood's access to Airport Boulevard, Lamar, and Burnet Road keeps most commutes manageable without significant highway driving.
Is Mayfair Terrace a good area to buy a home in Austin?
Mayfair Terrace is a small, established neighborhood with consistent demand driven by its central location and Austin ISD school zoning. Inventory is limited, which means purchase opportunities can be competitive when they do come up. Buyers who prioritize proximity to central Austin amenities often weigh it alongside nearby Crestview and Brentwood.
What are property taxes like in Mayfair Terrace?
Mayfair Terrace is in Travis County, where effective property tax rates typically run in the range of 1.8 to 2.2 percent of assessed value. Austin ISD also levies a school district tax as part of the total rate. Your actual tax bill will depend on the assessed value of the specific property and any exemptions you qualify for, including the homestead exemption available to owner-occupants.
What kinds of homes are available in Mayfair Terrace?
The neighborhood features a mix of older bungalows and updated homes on compact lots, which is characteristic of established central Austin neighborhoods. Lot sizes tend to be modest, and the housing stock reflects several decades of Austin's residential development. Rental properties make up a notable portion of current listings, though ownership opportunities do come available.
Are there HOA fees in Mayfair Terrace?
Mayfair Terrace is an established neighborhood without a mandatory HOA, which is typical for older, centrally located Austin subdivisions. Buyers should confirm HOA status on any specific property with their agent, as some individual properties in the area may have deed restrictions or condo associations depending on the structure.
What neighborhoods are comparable to Mayfair Terrace?
Buyers drawn to Mayfair Terrace often compare it to nearby central Austin neighborhoods like Crestview, Brentwood, and North Loop, all of which share similar Austin ISD zoning, compact lot sizes, and proximity to the Airport Boulevard and Burnet Road corridors. All of these areas fall within the broader Austin market and tend to move at a similar pace.
Is there new construction available in Mayfair Terrace?
New construction in Mayfair Terrace is rare given the neighborhood's established character and compact lot sizes. Buyers looking for new builds in central Austin may find more options in areas farther from the urban core, though infill construction does occasionally appear in central Austin neighborhoods when older homes are redeveloped.
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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