1508 Pease RD, Austin TX 78703

Austin, TX 78703 | Enfield

Ed's Opinion of Value

$554,203 Ed's Estimate: $1,158,799 $1,526,097
Lowest Comp Recommended List: $615,000 to $625,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,158,799. To generate strong buyer interest while maximizing value, I'd price this between $615,000 and $625,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in ENFIELD. The 1932 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.22 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in ENFIELD, ranging from $649,000 to $1,250,000. The trend in ENFIELD shows prices have risen 10.6% in the past 6 months. 1704 Hartford RD, Austin TX 78703 nearby adjusts to $1,233,307; with a larger floor plan. 5 comparable transactions in ENFIELD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
1 Baths 1 Full
1,372 Sq Ft
0.2218 Acres
1932 Built

About This Property

Located in one of Austin’s most storied and sought-after neighborhoods, 1508 Pease Rd offers a rare chance to secure a generous 9,667 sq ft lot in the heart of Old Enfield. Surrounded by grand estates and timeless architecture, this SF-3 zoned property provides endless possibilities for redevelopment or restoration.

Whether you envision crafting a custom single-family home or exploring a duplex design to maximize value, the setting is second to none. The existing 1932-built residence—a charming 3-bedroom, 1-bath home—is tucked beneath mature trees and provides a starting point for your architectural imagination. With approved removal of the detached garage and a large tree in the backyard (permits in hand), the lot is ready for transformation.

Old Enfield is beloved for its blend of elegance and accessibility—moments from downtown, yet graced with quiet streets, heritage oaks, and a true neighborhood feel. Walk to nearby Pease Park, indulge at Austin’s finest restaurants, or simply enjoy the prestige and privacy that come with this iconic address.

Properties with this kind of potential in such a prime location rarely come to market—this is your invitation to create something extraordinary.

*Back structure has been demoed! Seller has a permit to remove the trees in the backyard.

Features

  • Ceiling Fan(s)
  • Tile Counters
  • French Doors
  • No Interior Steps
  • Primary Bedroom on Main
  • Recessed Lighting
  • Storage

Location

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Schools

School District Austin ISD
Elementary Casis
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Gutters Partial, Private Entrance, Private Yard
County Travis
MLS # 6521547

Listing History

MLS# 6521547 - Updated Mar 16, 2026 29 days
Aug 21, 2025 Off Market
Jun 19, 2025 Listed $995,000

Frequently Asked Questions About 1508 Pease RD, Austin TX 78703

When was 1508 Pease RD, Austin TX 78703 built?

1508 Pease RD, Austin TX 78703 was built in 1932.

How much does 1508 Pease RD, Austin TX 78703 cost?

1508 Pease RD, Austin TX 78703 sold on August 21, 2025. Contact us for sale price details.

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