Market Overview for Chestnut
There are 29 active listings in Chestnut with a median list price of $599K and a median sold price of $624K.
Homes average 65 days on market.
Over the past 30 days, 6 homes have sold, with 62 sales in the past 12 months.
The average price per square foot is $496.
About Chestnut
Chestnut is a neighborhood in East Austin located east of I-35 and north of East 7th Street, roughly bounded by Airport Boulevard to the east, Manor Road to the north, and I-35 to the west in zip code 78702. The neighborhood takes its name from Chestnut Avenue, one of its central streets, and has been a historically African American community since the early 20th century when racial deed restrictions concentrated Black homeownership east of I-35.
The housing stock includes original 1940s through 1970s bungalows and shotgun-style homes alongside substantial new modern infill construction. Home prices in Chestnut range from approximately $350,000 to $700,000 and higher, reflecting the rapid pace of redevelopment in East Austin. New-build townhomes and modern single-family homes on subdivided lots have been constructed throughout the neighborhood since the mid-2010s, often replacing older structures.
Chestnut is served by Austin Independent School District. Students attend Campbell Elementary School, Kealing Middle School, and McCallum High School. Kealing Middle School's vanguard magnet program draws students from across the district. Campbell Elementary is a small campus with a bilingual program.
The neighborhood is 1.5 to 2 miles from downtown Austin, accessible via East 11th Street, East 12th Street, or Manor Road. The East 11th and 12th Street corridors have undergone commercial redevelopment with new restaurants, bars, and retail. The Mueller development, a 700-acre mixed-use community built on the former Robert Mueller Municipal Airport, borders Chestnut to the northeast and provides additional shopping, dining, and park space.
Living in Chestnut
Chestnut sits at the intersection of East Austin's historical identity and ongoing redevelopment. Original bungalows with front porches and mature pecan trees stand alongside modern construction featuring flat roofs, metal siding, and rooftop decks. The East 11th and 12th Street corridors within and adjacent to the neighborhood host restaurants including Jacoby's Restaurant and Mercantile, Launderette, and Sawyer and Co., along with coffee shops and boutiques.
The Mueller development adjacent to Chestnut provides H-E-B Mueller, Alamo Drafthouse Cinema Mueller, Thinkery children's museum, and Mueller Lake Park with a 30-acre lake, playground, and amphitheater. Capital Metro bus routes run along Manor Road and Airport Boulevard, and the neighborhood's flat terrain and street grid make cycling a practical option for commuting downtown or to UT campus.
Things to Do in Chestnut
- Mueller Lake Park: 30-acre park at the Mueller development with a lake, playground, amphitheater, and walking trails
- Thinkery Children's Museum: Children's science and creativity museum at the Mueller development with hands-on exhibits for ages 0 through 11
- East 11th and 12th Street Corridors: Restaurant and retail corridors with Jacoby's Restaurant, Launderette, Sawyer and Co., coffee shops, and bars
- Alamo Drafthouse Cinema Mueller: Dine-in movie theater at the Mueller Town Center showing first-run films and specialty screenings
- Boggy Creek Greenbelt: Linear park and trail along Boggy Creek connecting East Austin neighborhoods with walking and biking paths
Major Employers in Chestnut
- University of Texas at Austin (Higher Education): Located 2 miles west, employing over 24,000 faculty and staff as the largest employer in central Austin
- Dell Technologies (Technology): Dell's Round Rock headquarters and Austin offices employ thousands of workers in the metro area, accessible via US 183
- City of Austin (Government): Municipal government offices downtown and throughout the city employ approximately 14,000 workers across departments
- Ascension Seton Healthcare (Healthcare): Ascension Seton operates multiple hospitals and clinics in Austin, with the main medical center on 38th Street 3 miles northwest
Chestnut Schools
Chestnut is served by Austin Independent School District. Campbell Elementary is a small neighborhood campus, and Kealing Middle School operates one of Austin ISD's selective vanguard magnet programs for academically advanced students.
School District: Austin ISD
Public Schools
- Campbell Elementary
- Kealing Middle
- McCallum High School
Pre-Schools
- Mueller Early Childhood Program - Early childhood center at the Mueller development offering structured pre-K programs for children ages 3 through 5
- Escuelita del Alma - Bilingual Spanish-English preschool in East Austin providing Reggio Emilia-inspired curriculum for ages 2 through 5
Private Schools
- St. Austin Catholic School - Catholic parish school on Guadalupe Street offering pre-K through 8th grade education since 1917
Frequently Asked Questions
What are home prices in Chestnut Austin?
Home prices in Chestnut range from approximately $350,000 to over $700,000. Original bungalows tend toward the lower end, while new-build modern homes and townhomes command higher prices.
What school district serves Chestnut?
Chestnut is served by Austin ISD. Students attend Campbell Elementary, Kealing Middle School (with its vanguard magnet program), and McCallum High School.
How far is Chestnut from downtown Austin?
Chestnut is 1.5 to 2 miles from downtown Austin. The East 11th Street and East 12th Street corridors provide direct routes, and Capital Metro bus service is available on Manor Road.
What is the Mueller development near Chestnut?
Mueller is a 700-acre mixed-use development built on the former Robert Mueller Municipal Airport. It includes H-E-B, Alamo Drafthouse, Thinkery museum, and Mueller Lake Park.
Is Chestnut gentrifying?
Chestnut has experienced significant redevelopment since the mid-2010s. Original 1940s-1970s bungalows are being replaced or supplemented by modern infill construction, and home prices have increased substantially.