1611 Wheless LN, Austin, TX — photo 1
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Sale PendingUnder contract — not accepting offers

This home is under contract and no longer accepting offers. The price below is the last listed price, kept for reference only — if the deal falls through it may return to the market.

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Last listed price
$325,000
3 beds2 baths1,152 sqft

1611 Wheless LN, Austin TX 78723

MLS #247015206 · Compass RE Texas, LLC · Lisa Munoz

Residential
Built in 1962
0.19 Acres Lot
$282/sqft

About this home

A true Austin opportunity with the bones investors and renovators are looking for! Set on a generous lot in the Windsor Park area, 1611 Wheless offers an exciting chance to transform an existing home in a location where demand continues to grow. The home already has several of the big-ticket items taken care of, including an HVAC system, water heater, metal roof, and double-pane windows all replaced in the last few years, allowing the next owner to focus their investment on the finishes and spaces that will make the biggest impact. Inside, vaulted ceilings give the main back dining/living space a sense of volume and character, while the generous lot offers plenty of potential to reimagine the backyard and outdoor living areas. Whether you're looking for a renovation project to create a beautifully updated primary residence or an investment property with resale potential, there is a lot to work with here! And the location is the real opportunity. Windsor Park puts you just minutes from Mueller, Mueller Lake Park, the Texas Farmers' Market, Alamo Drafthouse, H-E-B, restaurants, coffee shops, and a growing collection of shops and businesses. Nearby Bartholomew Park adds 57 acres of green space with a pool, splash pad, disc golf, basketball courts, picnic areas, and more. For an investor, the surrounding neighborhood tells an important story. Windsor Park offers larger lots, established tree-lined streets, and mid-century homes while sitting immediately adjacent to the continued development and amenities of Mueller. New residential construction is already happening along Wheless! Add in quick access to I-35, 183, Mueller, Downtown Austin, and the rest of East Austin, and this is exactly the kind of property where location does much of the heavy lifting. The renovation is yours to envision, but the setting is already established. Bring your vision!

Property details

Property type
Residential · SingleFamilyResidence
Status
Active
Year built
1962
Full baths
2
Lot size
0.1915
Subdivision
Colonial Hills Sec 03
MLS area
3
MLS #
247015206

Features

Interior features

  • Breakfast Bar
  • Vaulted Ceiling(s)
  • Laminate Counters
  • Primary Bedroom on Main
  • Storage

Exterior features

  • Private Yard

Additional details

Parking
Attached, Door-Single, Garage, Garage Faces Front, Off Street
Garage spaces
1
Roof
Metal
Foundation
Slab
Annual tax
$1,878

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Schools

Assigned schools per the MLS.

School district
Austin ISD
Elementary
Harris
Middle
Webb
High
Northeast Early College

See Austin ISD schools & boundaries →

Market insights

Compared with 308 active homes in ZIP 78723 · HomeLocating listings

Area median price
$517,000
This home vs. median
37% below
Homes with a price cut
42%

At $325,000, this home is priced 37% below the $517,000 median across 308 active homes in ZIP 78723.

Estimated monthly payment

$1,935/mo
Principal & interest$1,643/mo
Property taxes
Home insurance (est.)

Home price

$325,000

Down payment

20% ($65,000)

Loan details

30-yr fixed, 6.50%

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Estimate only, not a lending offer or MLS data. Taxes, insurance, and HOA figures are estimated (see ⓘ above for detail); contact a lender to confirm your exact rate and payment.

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Listing courtesy of Compass RE Texas, LLC · Lisa Munoz

Listing data last updated Sep 12, 2026, 5:46 PM

Information is deemed reliable but not guaranteed and should be independently verified. Listing information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2026 HomeLocating.com.

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