Homes Near Downtown Austin for $800,000

If you’re looking for a home near Downtown Austin and your budget is $800,000, you have some options depending on what style of home you like, type of neighborhood, walkability and schools. The three closest sections of town to Downtown are Central Austin, South Austin and East Austin. Below we’ve separated each of the potential neighborhoods by their geographic location and provided links to the corresponding neighborhood guide.

Central Austin Homes Near Downtown Austin for $800,000

Central Austin neighborhoods are located on the same side of the river (Lake Austin, Lady Bird Lake, or Town Lake) and are the neighborhoods you’d choose if you wanted to be closest to Downtown. Some of them are within walking distance to the restaurants and shopping and others resemble more residential neighborhoods. Take a look at each of the neighborhood guides for more info about each Central Austin neighborhood with homes below $800,000.

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West University

• Zip Code: 78701 & 78705
• Distance to Downtown Austin: 2.5 miles, 8 minutes
• Distance to Austin Airport: 12 miles, 20 minutes
• Schools (& GreatSchools Rating): Bryker Woods Elementary (7/10), O’Henry Middle (6/10), Austin High (6/10)
• Average and Median Price: $845,516 and $781,048
• Average and Median Size: 1,612 sqft and 1,680 sqft
• Average and Median Beds/Baths: 3/2 and 2/2
• Price Range: Mid $500k’s – $1.5MM

West University, affectionately known as “West Campus,” is one of Austin’s most vibrant and desirable neighborhoods, blending the energy of youthful living with the charm of a well-established community. Nestled just west of The University of Texas at Austin, this centrally located area offers unmatched convenience with downtown Austin only minutes away. The neighborhood is characterized by its picturesque tree-lined streets, a variety of architectural styles ranging from historic bungalows to modern apartments, and a dynamic atmosphere enriched by local businesses, outdoor patios, and a strong sense of community. Popular among students, professionals, and retirees alike, West University is known for its walkability, easy access to grocery stores, coffee shops, gyms, and dining options. With its adjacency to the UT Austin campus, residents also benefit from the enriching cultural experience of living near a world-class university and having seamless access to Austin’s famed live music scene, festivals, and outdoor activities such as Shoal Creek Trail and Pease Park. For homebuyers, the neighborhood represents a unique opportunity with its high rental demand, striking blend of urban convenience, and charming streetscapes. Whether you’re seeking a forever home or an investment property near the action, West University offers immense potential to experience the heart of Austin living.

For more info and to search homes for sale, visit our West University Neighborhood Guide.

West University Neighborhood Map

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Crestview

• Zip Code: 78757
• Distance to Downtown Austin: 6 miles, 20 minutes
• Distance to Austin Airport: 14 miles, 16 minutes
• Schools (& GreatSchools Rating): Brentwood Elementary (8/10), Lamar Middle (7/10), McCallum High (8/10)
• Average and Median Price: $893,650 and $673,759
• Average and Median Size: 1,676 sqft and 1,469 sqft
• Average and Median Beds/Baths: 3/2 and 3/2
• Price Range: Mid $300k’s – $2.1MM

Crestview is a charming and centrally located neighborhood in Austin that beautifully blends its mid-century roots with modern living. Originally developed on an old dairy farm in the 1950s and 60s, Crestview has grown into a sought-after community known for its tree-lined streets, friendly neighbors, and a strong sense of community. Residents love the area for its proximity to downtown Austin, offering an easy commute via major roads like Lamar Boulevard and Burnet Road, as well as access to the convenient Crestview MetroRail stop. The neighborhood strikes a perfect balance between suburban tranquility and urban accessibility, placing shopping, dining, and entertainment just moments away. Homes here come in a variety of styles—from cozy mid-century bungalows and ranch-style cottages to modern builds with sleek designs and energy-efficient features. Crestview also boasts a vibrant community spirit with an active neighborhood association organizing regular events, parks offering spaces for relaxation and recreation, and plenty of local hangout spots like Little Deli & Pizzeria, Epoch Coffee, and The Peached Tortilla. Residents with school aged children appreciate the highly rated schools, while outdoor enthusiasts enjoy the jog- and bike-friendly streets. For those who desire a location that combines character, convenience, and a true sense of home, Crestview offers it all.

For more info and to search homes for sale, visit our Crestview Neighborhood Guide.

Crestview Neighborhood Map

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Hancock

• Zip Code: 78705 and 78751
• Distance to Downtown Austin: 3 miles, 9 minutes
• Distance to Austin Airport: 7 miles, 14 minutes
• Schools (& GreatSchools Rating): Ridgetop Elementary (8/10), Lamar Middle (7/10), McCallum High (8/10)
• Average and Median Price: $926,385 and $870,000
• Average and Median Size: 1,683 sqft and 1,498 sqft
• Average and Median Beds/Baths: 3/2 and 3/2
• Price Range: High $400k’s – $2MM

Hancock is a vibrant and historic neighborhood nestled in the heart of Central Austin, offering a prime mix of convenience, charm, and community. Just north of the University of Texas at Austin and a short commute to downtown, Hancock is perfect for those craving a blend of quiet, tree-lined streets and easy access to Austin’s bustling cultural and social scene. The area is a haven for diverse residents, including students, young professionals, and retirees, making it a truly inclusive and welcoming place to call home. Hancock’s homes range from charming Craftsman bungalows and mid-century gems to modern renovations, many showcasing spacious yards and a distinctive architectural character that reflects the neighborhood’s rich history. Residents love the walkability here—with favorite local coffee shops, restaurants, boutique retailers, and the sprawling Hancock Golf Course right at their fingertips. Nearby parks and green spaces add to the neighborhood’s idyllic appeal, offering plenty of opportunities for relaxation, recreation, and connection with nature. Whether you’re an urban explorer looking to stay close to the buzz of downtown or someone who values a tranquil community vibe, Hancock delivers the perfect balance of lifestyle and location for Austin homebuyers. Scroll down for more info about homes near Downtown Austin for $800,000.

For more info and to search homes for sale, check out our Hancock Neighborhood Guide.

Hancock Neighborhood Map

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Highland

• Zip Code: 78752
• Distance to Downtown Austin: 5.5 miles, 16 minutes
• Distance to Austin Airport: 13 miles, 14 minutes
• Schools (& GreatSchools Rating): Reilly Elementary (8/10) or T.A. Brown Elementary (1/10), Lamar Middle (7/10) or Webb Middle (2/10), McCallum High (8/10) or Navarro High (3/10)
• Average and Median Price: $648,282 and $635,500
• Average and Median Size: 1,538 sqft and 1,515 sqft
• Average and Median Beds/Baths: 3/2 and 3/2
• Price Range: Mid $300k’s – $1.1MM

Highland, located in Central Austin, offers a perfect blend of community charm, modern convenience, and affordability, making it a sought-after neighborhood for homebuyers. Its vibrant character comes from its diverse residents, including young professionals, retirees, new residents and long-time Austinites. With its tree-lined streets, walkable layout, and welcoming atmosphere, Highland is ideal for those who value a friendly and inclusive neighborhood. The area is undergoing exciting growth, with updated amenities, trendy dining spots, and new businesses complementing its well-established charm. Highland’s unbeatable location is another draw, as it’s just six miles from the University of Texas and seven miles from Downtown Austin, providing quick access to the city’s best attractions and highways like I-35 and Highway 183. Featuring a mix of mid-century homes, thoughtfully renovated cottages, and modern new-builds, Highland offers plenty of options for first-time buyers and those seeking an upgrade, all at a more affordable price point than nearby neighborhoods. On top of that, residents enjoy an active community life, nearby MetroRail access, proximity to top-rated local establishments, and excellent spots for outdoor activities. With its growing reputation and attractive real estate options, Highland provides not just a home, but a dynamic and connected lifestyle.

For more info and to search homes for sale, visit our Highland Neighborhood Guide.

Highland Neighborhood Map

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South Austin Homes Near Downtown Austin $800,000

South Austin is just south of the river and is located in the popular 78704 zip code. The most desirable 78704 neighborhoods, Zilker, Barton Hills, Bouldin Creek and Travis Heights are also the closest to Downtown. But, South Lamar and Galindo (just south of Oltorf) have recently presented buyers in the $800,000 range with some great choices for new construction. If you like walkable neighborhoods with a less urban looking restaurant and shopping scene, South Austin might be the best choice for you. Take a look at each of the neighborhood guides for more info about each South Austin neighborhood with homes below $800,000.

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Dawson

• Zip Code: 78704
• Distance to Downtown Austin: 3 miles, 10 minutes
• Distance to Austin Airport: 7.9 miles, 11minutes
• Schools (& GreatSchools Rating): Dawson Elementary (2/10), Lively Middle (3/10), Travis High (1/10)
• Average and Median Price: $887,786 and $773,000
• Average and Median Size: 1,624 sqft and 1,667 sqft
• Average and Median Beds/Baths: 3/2 and 3/2
• Price Range: High $400k’s – $2.1MM

Nestled just south of Downtown Austin, Dawson offers the perfect blend of urban convenience and neighborhood charm, making it a sought-after spot for homebuyers. With its tree-lined streets, eclectic vibe, and a close-knit sense of community, it’s no surprise that Dawson has become one of South Austin’s most beloved areas. This neighborhood features a mix of charming bungalows and modern builds, set against lush greenery and mature trees, creating a welcoming atmosphere with character and warmth. Residents enjoy the luxury of being minutes from downtown, while still savoring the peace of a residential setting. Dawson is also home to a variety of locally owned businesses, including hidden-gem coffee shops, diverse dining options, and unique boutique stores. Outdoor enthusiasts can explore parks and green spaces, fostering an active lifestyle, while foodies and creatives feel right at home in the area’s vibrant cultural scene. With a strong sense of pride and community, supported by the efforts of the Dawson Neighborhood Association, this neighborhood strikes a perfect balance between preserving its historic charm and evolving to meet the needs of modern life. Whether you’re a professional seeking proximity to the action or a retiree looking for a relaxed, friendly environment, Dawson stands out as a versatile and inviting place to call home. Scroll down for more info about homes near Downtown Austin for $800,000.

For more info and to search homes for sale, visit our Dawson Neighborhood Guide.

Dawson Neighborhood Map

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Galindo

• Zip Code: 78704
• Distance to Downtown Austin: 3 miles, 12 minutes
• Distance to Austin Airport: 7.7 miles, 11 minutes
• Schools (& GreatSchools Rating): Dawson Elementary (2/10) or Galindo Elementary (3/10), Lively Middle (3/10), Travis High (1/10)
• Average and Median Price: $1,003,926 and $755,000
• Average and Median Size: 1,851 sqft and 1,714 sqft
• Average and Median Beds/Baths: 3/3 and 3/3
• Price Range: Mid $500k’s – $2.2MM

Nestled in the heart of South Austin, the Galindo neighborhood offers the perfect blend of charm, convenience, and community. Known for its tree-lined streets and a mix of vintage bungalows and modern homes, Galindo boasts a welcoming atmosphere that appeals to a wide range of residents, from young professionals to retirees. Its central location places you just minutes from Downtown Austin and South Lamar’s vibrant dining and entertainment scene, while still providing the tranquility of a laid-back residential neighborhood. Beyond its desirable location, Galindo is home to locally owned restaurants, cozy coffee shops, and scenic parks, making it a culturally rich and active place to live. With easy access to major roads like Highway 290, public transit options, and bike-friendly routes, commuting and exploring the city couldn’t be easier. Residents also enjoy a strong sense of community fostered through neighborhood events at nearby recreational centers and farmer’s markets. Whether you’re drawn to the area’s unique character, close proximity to Austin hotspots, or the variety of housing options, Galindo combines urban living with a touch of suburban charm, making it one of South Austin’s most sought-after neighborhoods.

For more info and to search homes for sale, visit our Galindo Neighborhood Guide.

Galindo Neighborhood Map

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Sherwood Oaks

• Zip Code: 78704
• Distance to Downtown Austin: 3.2 miles, 13 minutes
• Distance to Austin Airport: 7.5 miles, 11 minutes
• Schools (& GreatSchools Rating): Travis Heights Elementary (6/10), Lively Middle (3/10), Travis High (1/10)
• Average and Median Price: $1,023,308 and $790,000
• Average and Median Size: 1,630 sqft and 1,313 sqft
• Average and Median Beds/Baths: 3/2 and 3/2
• Price Range: Low $600k’s – $2.5MM

Nestled in the heart of South Austin, Sherwood Oaks is a charming, tree-lined neighborhood that offers a peaceful retreat with all the conveniences of city living close at hand. Situated near St. Edward’s University and just a stone’s throw from the vibrant South Congress (SoCo) district, Sherwood Oaks provides residents with the perfect balance of tranquility and accessibility. The neighborhood is renowned for its variety of mid-century homes on generously sized lots, many of which have been lovingly updated while maintaining their character. Here, you’ll find a tight-knit community that enjoys a walkable environment, beautifully manicured yards, and proximity to fantastic parks like Blunn Creek Greenbelt for outdoor activities. Homebuyers are drawn to Sherwood Oaks for its unbeatable location, being just minutes from Austin’s downtown attractions, as well as for its unique mix of historic charm and modern livability. Whether you’re a young professional, a growing family, or someone looking to enjoy retirement in a welcoming environment, Sherwood Oaks offers a lifestyle that combines Austin’s distinctive culture with a peaceful place to call home. Scroll down for more info about homes near Downtown Austin for $800,000.

For more info and to search homes for sale, visit our Sherwood Oaks Neighborhood Guide.

Sherwood Oaks Neighborhood Map

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Western Trails

• Zip Code: 78745
• Distance to Downtown Austin: 7.3 miles, 14 minutes
• Distance to Austin Airport: 8.6 miles, 12 minutes
• Schools (& GreatSchools Rating): Sunset Valley Elementary (5/10), Covington Middle (5/10), Crockett High (4/10)
• Average and Median Price: $784,067 and $761,500
• Average and Median Size: 1,870 sqft and 1,838 sqft
• Average and Median Beds/Baths: 3/2 and 3/2
• Price Range: High $400k’s – $1.1MM

Western Trails is a charming and serene neighborhood located just south of 290 and west of Manchaca Road in Southwest Austin. Built in the late 1950s, this area offers a quintessential suburban feel with tree-lined streets and a strong sense of community. Ideal for homebuyers who love the vibe of 78704 but balk at its rising prices, Western Trails provides a more affordable alternative without compromising on location. Residents enjoy convenient access to major roads, downtown Austin, and shopping hubs like the Sunset Valley Marketfair. The neighborhood itself is known for its well-kept, mid-century homes that exude character, often featuring spacious lots and unique architectural touches. For families, the area is served by Austin ISD schools, including Sunset Valley Elementary, Covington Middle, and Crockett High. With a comparatively low property tax rate, Western Trails stands out as a budget-friendly yet highly desirable place to live. Whether you’re drawn by the historic charm, affordability, or proximity to urban amenities, Western Trails offers a welcoming and vibrant environment for those looking to put down roots in Austin.

For more info and to search homes for sale, visit our Western Trails Neighborhood Guide.

Western Trails Neighborhood Map

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East Austin Homes Near Downtown Austin $800,000

East Austin has completely transformed in the last decade and actually has a much more urban feel than central or South Austin. Most of it is very established with newer construction mixed in. Many of the neighborhoods are walkable with neighborhood restaurants and shopping. Take a look at each of the neighborhood guides for more info about each East Austin neighborhood with homes below $800,000.

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East Cesar Chavez

• Zip Code: 78702
• Distance to Downtown Austin: 1.8 miles, 6 minutes
• Distance to Austin Airport: 5.5 miles, 9 minutes
• Schools (& GreatSchools Rating): Sanchez Elementary (2/10), Martin Middle (1/10), Austin High (6/10) or Eastside Memorial High (2/10)
• Average and Median Price: $893,741 and $757,500
• Average and Median Size: 1,429 sqft and 1,221 sqft
• Average and Median Beds/Baths: 3/2 and 3/2
• Price Range: Mid $500k’s – $2.1MM

Located just east of downtown Austin, East Cesar Chavez offers a harmonious blend of historic charm, cultural richness, and modern living that continues to attract home buyers. This vibrant neighborhood is renowned for its tree-lined streets and colorful facades, where restored Victorian homes sit alongside sleek modern builds and charming 1960s bungalows. Residents enjoy unbeatable walkability, with trendy coffee shops, eclectic restaurants, and unique boutiques just steps away from their front doors. Proximity to downtown Austin means commutes are a breeze, often taking less than 10 minutes by car, bike, or even a leisurely stroll. East Cesar Chavez is also a hub for community connections, with local events, art installations, and live music venues fostering a welcoming and inclusive environment. Whether you’re savoring the local brisket at la Barbecue, exploring the lush trails around Lady Bird Lake, or discovering treasures at vintage shops like Treasure City Thrift, this neighborhood offers a lifestyle brimming with convenience, creativity, and opportunity. It’s easy to see why East Cesar Chavez remains one of Austin’s most desirable places to call home. Scroll down for more info about homes near Downtown Austin for $800,000.

For more info and to search homes for sale, visit our East Cesar Chavez Neighborhood Guide.

East Cesar Chavez Neighborhood Map

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Rosewood

• Zip Code: 78702
• Distance to Downtown Austin: 2.2 miles, 8 minutes
• Distance to Austin Airport: 5.3 miles, 9 minutes
• Schools (& GreatSchools Rating): Blackshear Elementary (3/10), Cambell Elementary (3/10) or Oak Springs Elementary (1/10), Kealing Middle (6/10), Eastside Memorial High (2/10) or McCallum High (8/10)
• Average and Median Price: $801,255 and $750,000
• Average and Median Size: 1,521 sqft and 1,463 sqft
• Average and Median Beds/Baths: 3/3 and 3/3
• Price Range: High $300k’s – $1.7MM

Rosewood is a charming and dynamic neighborhood nestled in East Austin, offering homebuyers a unique blend of history, green spaces, and modern amenities. Located between I-35 and Airport Road, this area is known for its tranquil, tree-lined streets and community-focused vibe. Rosewood stands out for its eclectic mix of homes, ranging from restored historic properties full of character to sleek modern constructions with cutting-edge designs. The neighborhood is anchored by the lush Boggy Creek Greenbelt, providing residents with trails, picnic areas, and plenty of opportunities for outdoor activities. Its prime location means you’re only minutes away from trendy restaurants, cozy coffee shops, and vibrant cultural hotspots along 12th Street and Manor Road, all while enjoying easy access to Downtown Austin. Ideal for buyers craving both suburban calm and urban convenience, Rosewood also fosters a strong sense of community and cultural significance and continues to celebrate its heritage through local events and landmarks. Whether you’re drawn to its natural beauty, history, or proximity to the city, Rosewood is the perfect place to find a home that matches your style and lifestyle.

For more info and to search homes for sale, visit our Rosewood Neighborhood Guide.

Rosewood Neighborhood Map

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Blackshear Prospect Hill

• Zip Code: 78702
• Distance to Downtown Austin: 1.9 miles, 8 minutes
• Distance to Austin Airport: 5.6 miles, 10 minutes
• Schools (& GreatSchools Rating): Blackshear Elementary (3/10) or Zavala Elementary (3/10), Kealing Middle (6/10) or Martin Middle (1/10), Eastside Memorial High (2/10) or Austin High (6/10)
• Average and Median Price: $812,059 and $712,500
• Average and Median Size: 1,428 sqft and 1,351 sqft
• Average and Median Beds/Baths: 3/2 and 3/2
• Price Range: High $300k’s – $2MM

Blackshear Prospect Hill in East Austin is a neighborhood brimming with charm, diversity, and character, making it a hidden gem for homebuyers seeking a vibrant community. This eclectic area combines historic charm with modern conveniences, offering a mix of older, single-story homes and sleek, new constructions, many featuring porches and spacious yards. Its location is unbeatable, just 10 minutes from downtown Austin and with easy access to major routes like 7th and 11th Streets. Known for its lush, tree-lined streets, the neighborhood’s terrain ranges from hilly to flat, ensuring scenic variety. Residents of Blackshear Prospect Hill enjoy proximity to fantastic coffee shops, trendy restaurants, and recreational spaces like Boggy Creek Greenbelt and Festival Beach Park. This unique enclave is rich in culture, home to a diverse mix of creatives, professionals, and families, making it an ideal neighborhood for those who cherish connection and community. If you’re looking for a place that seamlessly blends history, culture, and convenience, Blackshear Prospect Hill is a fantastic choice for your next home. Scroll down for more info about homes near Downtown Austin for $800,000.

For more info and to search homes for sale, visit our Blackshear Prospect Hill Neighborhood Guide.

Blackshear Prospect Hill Neighborhood Map

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Cherrywood

• Zip Code: 78722
• Distance to Downtown Austin: 3.1 miles, 8 minutes
• Distance to Austin Airport: 6.5 miles, 11 minutes
• Schools (& GreatSchools Rating): Maplewood Elementary (7/10), Kealing Middle (6/10), McCallum High (8/10)
• Average and Median Price: $744,064 and $730,000
• Average and Median Size: 1,519 sqft and 1,512 sqft
• Average and Median Beds/Baths: 3/2 and 3/2
• Price Range: Low $400k’s – $1.2MM

Cherrywood is one of Austin’s most unique and charming neighborhoods, offering a perfect balance of mid-century character and modern convenience. Situated just east of I-35 and bordered by Manor Road to the south, Cherrywood effortlessly combines its location’s suburban feel with the buzz of urban living. The neighborhood is shaded by mature pecan and oak trees, and with its quiet streets lined by a mix of 1940s-50s ranch-style bungalows and modern rebuilds, it has a personality that appeals to a variety of tastes. Many homes retain vintage charm, such as hardwood flooring and original limestone exteriors, while others have been updated with open floor plans and contemporary finishes. Cherrywood’s prime location ensures easy access to downtown Austin, the University of Texas, and vibrant local hotspots along Manor Road, including beloved cafes such as Cherrywood Coffeehouse, cozy bars like Haymaker, and the upscale dining option Salty Sow. The sense of community here is a key highlight, with regular neighborhood events and active involvement through the Cherrywood Neighborhood Association, making it a welcoming place to settle down. For anyone in search of a home that combines convenience, character, and a strong community feel, Cherrywood remains a standout choice.

For more info and to search homes for sale, visit our Cherrywood Neighborhood Guide.

Cherrywood Neighborhood Map

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Govalle

• Zip Code: 78702
• Distance to Downtown Austin: 3.1 miles, 11 minutes
• Distance to Austin Airport: 3.9 miles, 5 minutes
• Schools (& GreatSchools Rating): Govalle Elementary (1/10)or Oak Springs Elementary (1/10), Kealing Middle (6/10) or Martin Middle (1/10), Eastside Memorial High (2/10)
• Average and Median Price: $759,916 and $699,000
• Average and Median Size: 1,468 sqft and 1,283 sqft
• Average and Median Beds/Baths: 3/2 and 3/2
• Price Range: Low $300k’s – $2.3MM

Nestled in the heart of East Austin, Govalle is a thriving neighborhood that effortlessly combines the charm of its history with the energy of modern urban living. Known for its eclectic vibe and vibrant character, Govalle offers a rare mix of untouched 1940s homes, thoughtfully restored properties, and sleek new constructions, catering to a variety of tastes and budgets. The community thrives on its creative energy, with art galleries, holistic wellness centers, and trendy businesses adding to its dynamic atmosphere. For those who enjoy outdoor activities, the area boasts easy access to parks, bike-friendly streets, and the scenic Ann and Roy Butler Hike-and-Bike Trail along the Colorado River. Its location is another highlight, just three miles from Downtown Austin and conveniently connected to major highways like I-35 and Hwy 183, making commuting a breeze. Govalle’s affordability, charm, and proximity to the city’s cultural and business hubs make it particularly appealing to first-time homebuyers, seasoned investors, and anyone searching for a laid-back community with plenty of character. From cozy coffee shops and local eateries to welcoming neighborhood parks, Govalle invites you to enjoy a lifestyle that is as relaxed as it is enriching.

For more info and to search homes for sale, visit our Govalle Neighborhood Guide.

Govalle Neighborhood Map

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Average and median price and size is from ACTRIS sold data 11/16/2022-11/15/2023. School ratings are GreatSchools ratings as of June 2025.

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