About this home

Introducing the Penick Urban Homestead, a rare opportunity to own a piece of Austin history—this 3-bedroom, 2-bath single-family home is set on one of the largest residential lots in the 78741 - over half an acre! While many homes are just an address, this street is named after the legendary Harvey Penick, known for his work at the Riverside Golf Course. The two-story layout includes 2 bedrooms on the main level and a dedicated primary suite occupying the entire second floor, providing a sense of scale and privacy that is nearly impossible to find this close to the city center. On the main floor, a spacious living room centers around the fireplace with large windows that frame the massive backyard like a living painting. Hardwood floors run throughout the home, leading into a remodeled kitchen finished with wood cabinetry and granite countertops. A full-length foyer creates a seamless flow from the front of the house to the back. This home has been rebuilt from the outside in with high-end updates throughout, including major systems, roof and windows. For those needing extra room, a door on the second floor opens to a large walk-in attic that offers massive storage or potential for future finished space. The fully fenced backyard contains over 20 fruit trees, including apple, pear, and peach varieties, alongside a 12 x 28-foot deck and a fire pit area with decomposed granite paths. The location is a major draw, placing you adjacent to the Riverside Golf Course, 2 miles from Downtown Austin and 15 minutes from the airport. Enjoy easy access Secret Beach at Roy G. Guerrero Park or hop on the MetroRapid 800 bus just a block away on Pleasant Valley Road. With the $4 billion River Park development nearby and the planned Grove Station on the Blue Line light rail coming soon, this Penick Place home connects you to the best of Austin’s future growth while remaining tucked away on a quiet, private street.

Property details

Property type

Residential · SingleFamilyResidence

Status

Active

Year built

1965

Full baths

2

Lot size

0.538

Subdivision

Penick Place

MLS area

9

MLS #

240858658

Features

Additional details

Parking

Attached, Door-Multi, Driveway, Garage Faces Front

Garage spaces

2

Roof

Metal

Foundation

Slab

Annual tax

$6,978

Schools

Assigned schools per the MLS.

School district

Austin ISD

Elementary

Allison

Middle

Lively

High

Eastside Early College

See Austin ISD schools & boundaries →

Market insights

Compared with 198 active homes in ZIP 78741 · HomeLocating listings

At $799,000, this home is priced 150% above the $319,000 median across 198 active homes in ZIP 78741.