Finding homes near Downtown Austin for $800,000 is more achievable than many buyers expect. While downtown Austin itself has seen prices climb well above that threshold, the surrounding neighborhoods in Central, South,D and East Austin still have real inventory at this price point — and in many of them, $800,000 puts you at or above the median sale price. On this page, we’ve broken down 16 neighborhoods with 2026 market data, school ratings, and links to our full neighborhood guides so you can compare your options in one place. Whether you prioritize walkability, top-rated schools, or the shortest possible commute to downtown, there’s a neighborhood here worth exploring.
Market data reflects closed sales from the past 12 months. Data current as of early 2026.
2026 Quick-Reference: All 16 Neighborhoods Sorted by Distance to Downtown
Data based on closed sales from the past 12 months. Sorted closest to downtown first.
| Neighborhood | Area | Median Sold Price | Distance to Downtown | Median DOM |
| Robertson Hill | East | $785,000 | 1 mile, 4 min | 44 days |
| Swede Hill | East | $784,500 | 1.3 miles, 5 min | 13 days |
| East Cesar Chavez | East | $738,500 | 1.8 miles, 6 min | 90 days |
| Blackshear Prospect Hill | East | $733,500 | 1.9 miles, 8 min | 77 days |
| Rosewood | East | $662,500 | 2.2 miles, 8 min | 35 days |
| Riverside | East | $687,000 | 2.7 miles, 11 min | 54 days |
| Hancock | Central | $847,500 | 3 miles, 9 min | 59 days |
| Hyde Park | Central | $850,000 | 3 miles, 10 min | 29 days |
| Dawson | South | $753,000 | 3 miles, 10 min | 58 days |
| Galindo | South | $732,500 | 3 miles, 12 min | 51 days |
| Cherrywood | East | $675,000 | 3.1 miles, 8 min | 22 days |
| Govalle | East | $721,125 | 3.1 miles, 11 min | 40 days |
| Sherwood Oaks | South | $735,500 | 3.2 miles, 13 min | 23 days |
| North Loop | Central | $708,500 | 4.3 miles, 9 min | 10 days |
| Brentwood | Central | $672,000 | 5 miles, 14 min | 36 days |
| Crestview | Central | $697,000 | 6 miles, 20 min | 44 days |
Scroll down for full neighborhood details, school ratings, and neighborhood guide links.
Central Austin Homes Near Downtown Austin for $800,000
Central Austin neighborhoods sit on the same side of the river as downtown — whether that’s Lady Bird Lake, Town Lake, or Lake Austin depending on where you are. These are the neighborhoods you’d choose if being as close to downtown as possible is the priority. Some offer walkable access to restaurants and entertainment; others have a quieter residential feel just a few miles out. Central Austin also has the strongest concentration of highly rated public schools among the three sections on this page.
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 (9/10), Lamar Middle (9/10), McCallum High (8/10)
- Closed Sales (Last 12 Months): 64
- Median Sold Price: $697,000
- Average Price Per Square Foot: $484.42
- Median Days on Market: 44
- Median List-to-Sale Price Ratio: 97%
- Active Listings: 16
- Price Range: Low $400k’s – $2.2MM
Crestview is a well-established Central Austin neighborhood with mid-century roots and a strong local identity. Built in the 1950s and 60s on what was once a dairy farm, the neighborhood offers tree-lined streets, ranch-style homes, and walkable access to Burnet Road — one of Austin’s most active local dining and shopping corridors. At $800,000, buyers have meaningful options here, from renovated bungalows to newer construction, with a median well under budget. The neighborhood is served by McCallum High School, one of Austin ISD’s highest-rated campuses.
For more information and to search homes for sale, visit our Crestview Neighborhood Guide.
Crestview Neighborhood Map
Crestview Homes for Sale for $800k
SEARCH ALL CRESTVIEW HOMES FOR SALENo Email Required! Brentwood
- Zip Code: 78756 & 78757
- Distance to Downtown Austin: 5 miles, 14 minutes
- Distance to Austin Airport: 14 miles, 18 minutes
- Schools (& GreatSchools Rating): Brentwood Elementary (9/10), Lamar Middle (9/10), McCallum High (8/10)
- Closed Sales (Last 12 Months): 86
- Median Sold Price: $672,000
- Average Price Per Square Foot: $468.90
- Median Days on Market: 36
- Median List-to-Sale Price Ratio: 97%
- Active Listings: 27
- Price Range: Mid $300k’s – $2.2MM
Brentwood shares its southern border with Crestview and much of the same character — walkable streets, mid-century homes, and easy proximity to Burnet Road’s restaurants and shops. Developed in the 1950s on a cotton farm, the neighborhood’s identity has long been anchored by Brentwood Elementary and Brentwood Park, both of which remain central to community life today. With 86 closed sales over the past year and 27 active listings, Brentwood offers more inventory than almost any other neighborhood on this list. The $672,000 median gives buyers at $800,000 real flexibility.
For more information and to search homes for sale, visit our Brentwood Neighborhood Guide.
Brentwood Neighborhood Map
Brentwood Homes for Sale for $800k
SEARCH ALL BRENTWOOD HOMES FOR SALENo Email Required! Hancock
- Zip Code: 78705 & 78751
- Distance to Downtown Austin: 3 miles, 9 minutes
- Distance to Austin Airport: 7 miles, 14 minutes
- Schools (& GreatSchools Rating): Lee Elementary (9/10), Kealing Middle (9/10), McCallum High (8/10)
- Closed Sales (Last 12 Months): 22
- Median Sold Price: $847,500
- Average Price Per Square Foot: $499.68
- Median Days on Market: 59
- Median List-to-Sale Price Ratio: 95.5%
- Active Listings: 11
- Price Range: High $400k’s – $1.9MM
Hancock sits just north of the University of Texas campus in Central Austin, offering a mix of craftsman bungalows, mid-century homes, and modern renovations along tree-lined streets. The neighborhood is close to Hancock Golf Course, several longtime local businesses, and multiple parks. With a median sold price of $847,500, buyers at $800,000 are shopping slightly below the midpoint, though the price range extends down to the High $400k’s — so inventory is available. Homes tend to move more slowly here (59-day median days on market), which can give buyers a reasonable window to evaluate options.
For more information and to search homes for sale, visit our Hancock Neighborhood Guide.
Hancock Neighborhood Map
Hancock Homes for Sale for $800k
SEARCH ALL HANCOCK HOMES FOR SALENo Email Required! Hyde Park
- Zip Code: 78751
- Distance to Downtown Austin: 3 miles, 10 minutes
- Distance to Austin Airport: 10 miles, 21 minutes
- Schools (& GreatSchools Rating): Lee Elementary (9/10) or Reilly Elementary (8/10), Kealing Middle (9/10) or Lamar Middle (9/10), McCallum High (8/10)
- Closed Sales (Last 12 Months): 56
- Median Sold Price: $850,000
- Average Price Per Square Foot: $514.48
- Median Days on Market: 29
- Median List-to-Sale Price Ratio: 96.5%
- Active Listings: 13
- Price Range: Mid $300k’s – $1.8MM
Hyde Park is one of Austin’s oldest residential neighborhoods, platted in the 1890s and developed into one of Central Austin’s most architecturally diverse areas. Victorian cottages, craftsman bungalows, and modern infill sit side by side along wide, shaded streets. The neighborhood runs along Duval Street, with locally-owned coffee shops, restaurants, and small businesses adding to its walkable appeal. With a median sold price of $850,000 — slightly above the $800k target — buyers at this budget are shopping toward the lower end of the market here, though the range extends down to the Mid $300k’s. Several of Austin ISD’s highest-rated schools serve Hyde Park.
For more information and to search homes for sale, visit our Hyde Park Neighborhood Guide.
Hyde Park Neighborhood Map
Hyde Park Homes for Sale for $800k
SEARCH ALL HYDE PARK HOMES FOR SALENo Email Required! North Loop
- Zip Code: 78751
- Distance to Downtown Austin: 4.3 miles, 9 minutes
- Distance to Austin Airport: 13 miles, 16 minutes
- Schools (& GreatSchools Rating): Reilly Elementary (8/10), Lamar Middle (9/10), McCallum High (8/10)
- Closed Sales (Last 12 Months): 28
- Median Sold Price: $708,500
- Average Price Per Square Foot: $485.63
- Median Days on Market: 10
- Median List-to-Sale Price Ratio: 98%
- Active Listings: 12
- Price Range: Low $400k’s – $1.8MM
North Loop has become one of Central Austin’s most talked-about neighborhoods, known for its eclectic local businesses, creative energy, and strong community identity. The area sits along Airport Boulevard and North Loop Boulevard and is packed with independent shops, vintage stores, and locally-owned restaurants. One number stands out in the market data: a 10-day median days on market, the fastest of any neighborhood on this list. Paired with a 98% list-to-sale ratio, buyers should be prepared to act quickly here. The $708,500 median gives $800,000 buyers a comfortable margin above the midpoint.
For more information and to search homes for sale, visit our North Loop Neighborhood Guide.
North Loop Neighborhood Map
North Loop Homes for Sale for $800k
SEARCH ALL NORTH LOOP HOMES FOR SALENo Email Required! South Austin Homes Near Downtown Austin for $800,000
South Austin neighborhoods sit just across Lady Bird Lake from downtown and tend to offer a distinct character — often more eclectic, more established, and with more square footage per dollar than areas directly north of the river. All three South Austin neighborhoods below have homes available at or under $800,000 with commute times to downtown generally under 15 minutes.
Dawson
- Zip Code: 78704
- Distance to Downtown Austin: 3 miles, 10 minutes
- Distance to Austin Airport: 7.9 miles, 11 minutes
- Schools (& GreatSchools Rating): Galindo Elementary (4/10), Lively Middle (4/10), Travis High (1/10)
- Closed Sales (Last 12 Months): 21
- Median Sold Price: $753,000
- Average Price Per Square Foot: $486.15
- Median Days on Market: 58
- Median List-to-Sale Price Ratio: 96%
- Active Listings: 23
- Price Range: Low $400k’s – $1.5MM
Dawson is a South Austin neighborhood located just south of Ben White Boulevard and east of South Congress, putting it a short drive from downtown while maintaining a quieter residential character. Homes here are a mix of mid-century builds and newer construction with generally generous lot sizes. School ratings in this zone are lower than in Central Austin, with Travis High School serving the neighborhood. Buyers for whom school ratings are a priority may want to factor that into their evaluation alongside the neighborhood’s strong location and 23 active listings.
For more information and to search homes for sale, visit our Dawson Neighborhood Guide.
Dawson Neighborhood Map
Dawson Homes for Sale for $800k
SEARCH ALL DAWSON HOMES FOR SALENo Email Required! Galindo
- Zip Code: 78704
- Distance to Downtown Austin: 3 miles, 12 minutes
- Distance to Austin Airport: 7.7 miles, 11 minutes
- Schools (& GreatSchools Rating): Galindo Elementary (4/10), Lively Middle (4/10), Travis High (1/10)
- Closed Sales (Last 12 Months): 30
- Median Sold Price: $732,500
- Average Price Per Square Foot: $486.21
- Median Days on Market: 51
- Median List-to-Sale Price Ratio: 96.5%
- Active Listings: 15
- Price Range: Mid $400k’s – $2.5MM
Galindo sits between South First Street and South Congress Avenue in South Austin, bordered by Ben White Boulevard to the south. The neighborhood offers a wide variety of housing styles — 1940s cottages, recently built duplexes, and new construction single-family homes all coexist within a few blocks of each other. The broad price range (Mid $400k’s to $2.5MM) reflects that variety. At $800,000, buyers are near the midpoint of what the market is producing here, with solid selection and walkable proximity to the South Congress and South First restaurant and retail corridors.
For more information and to search homes for sale, visit our Galindo Neighborhood Guide.
Galindo Neighborhood Map
Galindo Homes for Sale for $800k
SEARCH ALL GALINDO HOMES FOR SALENo Email Required! 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 (4/10), Travis High (1/10)
- Closed Sales (Last 12 Months): 10
- Median Sold Price: $735,500
- Average Price Per Square Foot: $496.55
- Median Days on Market: 23
- Median List-to-Sale Price Ratio: 96%
- Active Listings: 5
- Price Range: Mid $400k’s – $1.8MM
Sherwood Oaks is a quieter pocket of South Austin tucked between Barton Springs Road and Ben White Boulevard, just east of South Lamar. The neighborhood has a residential character with mature trees and a mix of ranch-style and updated homes. With only 10 closed sales in the past year, this is a smaller market — but buyers who are patient may find value, particularly given the $735,500 median and a 23-day median days on market, one of the faster-moving neighborhoods on the South Austin portion of this list. Travis Heights Elementary, which serves the area, carries a 6/10 GreatSchools rating.
For more information and to search homes for sale, visit our Sherwood Oaks Neighborhood Guide.
Sherwood Oaks Neighborhood Map
Sherwood Oaks Homes for Sale for $800k
SEARCH ALL SHERWOOD OAKS HOMES FOR SALENo Email Required! East Austin Homes Near Downtown Austin for $800,000
East Austin has seen significant growth over the past decade and is home to some of the closest neighborhoods to downtown on this entire list — Robertson Hill is just 1 mile away, and several others are under 2 miles. The area’s mix of original bungalows, modern new construction, and converted spaces gives it a character all its own. Buyers at $800,000 will find that budget puts them at or above the median in most East Austin neighborhoods on this list, which means genuine selection and real negotiating room in some areas.
East Cesar Chavez
East Cesar Chavez sits immediately east of downtown along Cesar Chavez Street and is one of the closest neighborhoods to the city center on this list at just 1.8 miles. The area has a dense mix of small bungalows, modern new construction, duplexes, and commercial-to-residential conversions. Two things stand out in the data: this is the highest price-per-square-foot neighborhood on the list at $585.54/sqft, and the 90-day median days on market is by far the longest. That combination suggests sellers have been pricing above what buyers are willing to pay, which creates negotiating opportunity for prepared buyers.
- 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), Kealing Middle (9/10), Austin High (7/10) or Eastside Early College High (2/10)
- Closed Sales (Last 12 Months): 24
- Median Sold Price: $738,500
- Average Price Per Square Foot: $585.54
- Median Days on Market: 90
- Median List-to-Sale Price Ratio: 96%
- Active Listings: 18
- Price Range: High $400k’s – $1.5MM
For more information and to search homes for sale, visit our East Cesar Chavez Neighborhood Guide.
East Cesar Chavez Neighborhood Map
East Cesar Chavez Homes for Sale for $800k
SEARCH ALL EAST CESAR CHAVEZ HOMES FOR SALENo Email Required! 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 (5/10) or Cambell Elementary (4/10), Kealing Middle (9/10), Eastside Memorial High (2/10) or McCallum High (8/10)
- Closed Sales (Last 12 Months): 30
- Median Sold Price: $662,500
- Average Price Per Square Foot: $478.78
- Median Days on Market: 35
- Median List-to-Sale Price Ratio: 98%
- Active Listings: 19
- Price Range: Mid $300k’s – $1.3MM
Rosewood is an East Austin neighborhood running roughly between Airport Boulevard and 12th Street, with a mix of original wood-frame houses, renovated bungalows, and newer construction. The $662,500 median gives buyers at $800,000 real flexibility and buying power relative to the typical sale here. Homes have been moving at a healthy pace — a 35-day median days on market and 98% list-to-sale ratio point to consistent demand without the intensity of some tighter Austin markets. With 19 active listings, Rosewood also offers more shopping options than several other East Austin neighborhoods on this list.
For more information and to search homes for sale, visit our Rosewood Neighborhood Guide.
Rosewood Neighborhood Map
Rosewood Homes for Sale for $800k
SEARCH ALL ROSEWOOD HOMES FOR SALENo Email Required! 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 (5/10) or Zavala Elementary (4/10), Kealing Middle (9/10), Eastside Early College High (2/10)
- Closed Sales (Last 12 Months): 22
- Median Sold Price: $733,500
- Average Price Per Square Foot: $515.06
- Median Days on Market: 77
- Median List-to-Sale Price Ratio: 96.5%
- Active Listings: 14
- Price Range: High $300k’s – $1.9MM
Blackshear Prospect Hill encompasses a stretch of East Austin between 11th Street and East 7th, offering a mix of original bungalows, duplex-style properties, and newer builds close to the activity along East 11th Street and within easy reach of Mueller. At 77 days, the median days on market is the second-highest on this list — which may signal that sellers have been pricing ahead of where buyers are willing to land. That can create opportunity for buyers who are patient and well-prepared. The $733,500 median puts $800,000 comfortably above the midpoint.
For more information and to search homes for sale, visit our Blackshear Prospect Hill Neighborhood Guide.
Blackshear Prospect Hill Neighborhood Map
Blackshear Prospect Hill Homes for Sale for $800k
SEARCH ALL BLACKSHEAR PROSPECT HILL HOMES FOR SALENo Email Required! 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 (10/10), Kealing Middle (9/10), McCallum High (8/10)
- Closed Sales (Last 12 Months): 40
- Median Sold Price: $675,000
- Average Price Per Square Foot: $485.18
- Median Days on Market: 22
- Median List-to-Sale Price Ratio: 98%
- Active Listings: 5
- Price Range: Mid $300k’s – $2.1MM
Cherrywood is one of East Austin’s most established neighborhoods, known for its canopy of mature trees, bungalow-style homes, and close-knit community. Located just east of Mueller and north of East 11th Street, the neighborhood is within easy reach of coffee shops, restaurants, and the Mueller district. The $675,000 median gives buyers at $800,000 strong buying power, and the 22-day median days on market — among the fastest on this list — means that well-priced homes move quickly. Cherrywood feeds into Maplewood Elementary, Kealing Middle, and McCallum High, all of which carry strong GreatSchools ratings.
For more information and to search homes for sale, visit our Cherrywood Neighborhood Guide.
Cherrywood Neighborhood Map
Cherrywood Homes for Sale for $800k
SEARCH ALL CHERRYWOOD HOMES FOR SALENo Email Required! 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 (2/10), Kealing Middle (9/10), Eastside Early College High (2/10)
- Closed Sales (Last 12 Months): 56
- Median Sold Price: $721,125
- Average Price Per Square Foot: $455.31
- Median Days on Market: 40
- Median List-to-Sale Price Ratio: 97.5%
- Active Listings: 28
- Price Range: Low $300k’s – $1.8MM
Govalle is an East Austin neighborhood with a long history and an increasingly active real estate market, offering some of the most affordable price-per-square-foot on this list at $455.31/sqft. Buyers at $800,000 are well above the $721,125 median, which translates to genuine selection across the range. With 56 closed sales and 28 active listings, Govalle has more market activity than most East Austin neighborhoods here. One of the neighborhood’s most practical advantages is its proximity to Austin-Bergstrom International Airport — just 3.9 miles away, approximately 5 minutes.
For more information and to search homes for sale, visit our Govalle Neighborhood Guide.
Govalle Neighborhood Map
Govalle Homes for Sale for $800k
SEARCH ALL GOVALLE HOMES FOR SALENo Email Required! Riverside
- Zip Code: 78741
- Distance to Downtown Austin: 2.7 miles, 11 minutes
- Distance to Austin Airport: 6 miles, 15 minutes
- Schools (& GreatSchools Rating): Travis Heights Elementary (6/10), Lively Middle (4/10), Travis Early College High (1/10)
- Closed Sales (Last 12 Months): 12
- Median Sold Price: $687,000
- Average Price Per Square Foot: $407.56
- Median Days on Market: 54
- Median List-to-Sale Price Ratio: 97%
- Active Listings: 5
- Price Range: Mid $400k’s – $1.7MM
Riverside sits along the southeast shore of Lady Bird Lake in East Austin, offering quick access to both downtown and Austin-Bergstrom International Airport — a combination that few neighborhoods on this list can match. The housing stock is diverse, ranging from mid-century single-family homes to newer condo developments and duplexes. With the lowest price-per-square-foot of any neighborhood on this list at $407.56/sqft, Riverside offers notable value for buyers who prioritize space. Active inventory is limited (5 listings), so buyers interested in this area should be prepared to move when something comes to market.
For more information and to search homes for sale, visit our Riverside Neighborhood Guide.
Riverside Neighborhood Map
Riverside Homes for Sale for $800k
SEARCH ALL RIVERSIDE HOMES FOR SALENo Email Required! Swede Hill
- Zip Code: 78702
- Distance to Downtown Austin: 1.3 miles, 5 minutes
- Distance to Austin Airport: 11 miles, 16 minutes
- Schools (& GreatSchools Rating): Blackshear Elementary (5/10), Cambell Elementary (4/10), Kealing Middle (9/10), Eastside Memorial High (2/10) or McCallum High (8/10)
- Closed Sales (Last 12 Months): 6
- Median Sold Price: $784,500
- Average Price Per Square Foot: $506.32
- Median Days on Market: 13
- Median List-to-Sale Price Ratio: 100%
- Active Listings: 2
- Price Range: High $400k’s – Mid $900k’s
Swede Hill is a compact East Austin neighborhood built around Oakwood Cemetery, just a short distance from downtown. The area has a mix of apartment-style condos near I-35 and single-family homes further in. With only 6 closed sales over the past year, this is the smallest market on the list — but its 100% median list-to-sale ratio (homes sold at exactly asking price on average) and 13-day median days on market signal strong demand among a small buyer pool. The $784,500 median puts $800,000 buyers right at the top of the typical range here.
For more information and to search homes for sale, visit our Swede Hill Neighborhood Guide.
Swede Hill Neighborhood Map
Swede Hill Homes for Sale for $800k
SEARCH ALL SWEDE HILL HOMES FOR SALENo Email Required! Robertson Hill
- Zip Code: 78702
- Distance to Downtown Austin: 1 mile, 4 minutes
- Distance to Austin Airport: 11 miles, 15 minutes
- Schools (& GreatSchools Rating): Blackshear Elementary (5/10), Kealing Middle (9/10), Eastside Memorial High (2/10)
- Closed Sales (Last 12 Months): 13
- Median Sold Price: $785,000
- Average Price Per Square Foot: $484.00
- Median Days on Market: 44
- Median List-to-Sale Price Ratio: 97%
- Active Listings: 3
- Price Range: Mid $400k’s – $1.5MM
Robertson Hill is a small but eclectic East Austin neighborhood close to the Texas State Capitol, with a housing stock that spans the full range — small bungalows, luxury townhomes, modern new construction, and duplex-style condos all within a few blocks of each other. With a $785,000 median and a 44-day median days on market, $800,000 puts buyers right at the upper end of the typical sale here. Active inventory is limited (3 listings), so patience and preparation are both useful if Robertson Hill makes your shortlist.
For more information and to search homes for sale, visit our Robertson Hill Neighborhood Guide.
Robertson Hill Neighborhood Map
Robertson Hill Homes for Sale for $800k
SEARCH ALL ROBERTSON HILL HOMES FOR SALENo Email Required! Average and median price and size is from ACTRIS sold data 3/16/2025-3/15/2026. School ratings are GreatSchools ratings as of November 2026.
Still Not Sure Which Austin Neighborhoods are Right for You?
Call us at (512) 827-8323, email us at info@11OaksRealty.com or fill out our Austin Neighborhood Finder and we can make some other suggestions.
Frequently Asked Questions: Homes Near Downtown Austin for $800,000
Yes — $800,000 is a workable budget for homes near downtown Austin, though what it buys you varies by neighborhood. In most East Austin neighborhoods on this list, $800,000 puts you at or above the median sale price, giving you real selection. In Central Austin neighborhoods like Hyde Park and Hancock, you’ll be toward the lower end of the market, but homes are available. The 2026 data on this page shows median prices ranging from $662,500 in Rosewood to $850,000 in Hyde Park across the neighborhoods closest to downtown.
The neighborhoods closest to downtown Austin on this list are Robertson Hill (1 mile), Swede Hill (1.3 miles), East Cesar Chavez (1.8 miles), and Blackshear Prospect Hill (1.9 miles) — all in East Austin. On the Central Austin side, Hancock and Hyde Park are within 3 miles. If physical proximity to downtown is the priority, East Austin offers the most options at the $800,000 price point.
Price per square foot near downtown Austin ranges from $407.56 in Riverside to $585.54 in East Cesar Chavez based on 2026 closed sales data. Most Central and East Austin neighborhoods on this list fall between $455 and $515 per square foot. Riverside offers the best value by this measure, while East Cesar Chavez commands the highest premium, likely reflecting its walkability and direct proximity to downtown.
Among the neighborhoods on this list, Cherrywood stands out with all three assigned schools earning high marks: Maplewood Elementary (10/10), Kealing Middle (9/10), and McCallum High (8/10). Central Austin neighborhoods served by McCallum High — including Crestview, Brentwood, Hyde Park, North Loop, and Hancock — also have strong ratings. South Austin neighborhoods like Dawson, Galindo, and Sherwood Oaks are served by Travis High School, which carries a lower GreatSchools rating. School assignments in Austin ISD can vary by address, so always confirm zoning for a specific home before purchasing.
It varies by neighborhood. North Loop had the fastest median days on market on this list at just 10 days, followed by Cherrywood at 22 days and Sherwood Oaks at 23 days. At the other end, East Cesar Chavez had a 90-day median, suggesting more time to evaluate options there. Most neighborhoods fall in the 30-60 day range, which gives buyers a reasonable window without the intensity Austin saw a few years ago.
It depends on your priorities. Central Austin offers the strongest school ratings and established residential character, but $800,000 gives you less buying power in the most sought-after areas. South Austin puts you across the river from downtown with an eclectic neighborhood feel and solid selection. East Austin has the closest neighborhoods to downtown on this list, and $800,000 gives you genuine buying power above the median in most areas. The right answer depends on how you weigh commute time, schools, neighborhood character, and price per square foot.
At $800,000 near downtown Austin, you’re typically looking at renovated mid-century bungalows, craftsman-style homes, newer construction townhomes or duplexes, and occasionally new single-family builds depending on the neighborhood. Home sizes in these neighborhoods typically range from around 1,200 to 2,000 square feet at this price point. Lot sizes vary — Central Austin tends toward smaller lots, while South Austin and parts of East Austin offer more space. Use the neighborhood guides linked throughout this page to browse current listings and get a feel for what’s available in each area.
Ready to Find Homes Near Downtown Austin for $800,000?
Narrowing down a neighborhood is one of the most important steps in your home search, and it’s also one of the most personal. The data on this page gives you a starting point, but every buyer’s priorities are different. If you’d like to talk through the trade-offs between any of these areas — commute times, school zones, what $800,000 actually gets you in each neighborhood right now — we’re glad to help.
The Eleven Oaks Realty team has been helping buyers and sellers since 1978. Contact us at (512) 827-8323 or info@11OaksRealty.com to set up a conversation, or use the neighborhood search links throughout this page to start browsing active listings in the areas that interest you most.
Relocating to Austin?
Having relocated to Austin from San Francisco about 15 years ago, we know exactly what you’re going through. We specialize in home buyers relocating to Austin and can help make your move as stress free as possible. Check out our Austin Relocation Guide and our Austin Relocation Blog for more tips. When you’re ready to speak to a Realtor about your move, call us at (512) 827-8323 or fill out our Austin Relocation Survey to get the process started.
Contact a Buyer’s Agent Specializing in Homes Near Downtown Austin for $800,000
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