Market Overview for Georgian Acres
There are 15 active listings in Georgian Acres with a median list price of $375K and a median sold price of $302K.
Homes average 145 days on market.
Over the past 30 days, 0 homes have sold, with 14 sales in the past 12 months.
The average price per square foot is $338.
About Georgian Acres
Georgian Acres is a North Austin neighborhood located in the 78753 zip code with a population of approximately 7,900 residents. The community developed primarily during the mid-20th century and is known for its affordability. The neighborhood features a mix of mid-century bungalows, cottages, and modern townhouses, with convenient access to both downtown Austin and major employment centers like the Domain and Tech Ridge. The median home value is approximately $506,000, making it one of the more affordable neighborhoods in north-central Austin, approximately 35-40% below the Austin metro median of $775,000. The neighborhood spans approximately 1.8 square miles with an average population density of 4,390 people per square mile, creating an urban feel while maintaining established neighborhood character.
This North Austin location has experienced gradual revitalization in recent years while maintaining its established character. Home construction in Georgian Acres spans from original 1950s properties (averaging 2,100 sq ft) through modern townhouses completed within the past 10 years, with lot sizes ranging from 2,500 sq ft to 7,500 sq ft. Property taxes average approximately 1.76% of property value annually through the City of Austin and AISD, with typical annual HOA fees running $240-$480 for townhouse developments. The area is dotted with small pocket parks including Heron Hollow Pocket Park (2.3 acres) and Quail Creek Neighborhood Park (4.2 acres), offering green space and community gathering areas for residents. The neighborhood hosts regular cultural events, festivals, and celebrations throughout the year including Cinco de Mayo celebrations and Independence Day festivities, and numerous restaurants, grocery stores, and shops operate in the area. Spanish is widely spoken throughout the neighborhood.
Residents benefit from proximity to major retailers and restaurants, with Northgate Shopping Center serving as a central hub for shopping and dining, located at the intersection of North Lamar and Georgian Drive approximately 0.4 miles from the neighborhood center. The Domain shopping and entertainment district is located approximately 8 miles north, providing regional shopping and dining options accessible in 12-15 minutes. The North Austin YMCA, located at nearby Hancock Park (approximately 1.2 miles away), provides fitness facilities, Olympic-size pool, and community programs for neighborhood residents. Ed Bluestein Boulevard and North Lamar Avenue provide access to major employers including Dell, Oracle, Apple, and Google offices, with average commute times to central Austin ranging from 20-30 minutes depending on traffic, and 12-15 minutes to Tech Ridge employment centers. Public transportation via Capitol Metro provides frequent local bus service with multiple routes serving the neighborhood.
