Market Overview for Holly

There are 28 active listings in Holly with a median list price of $613K and a median sold price of $740K.

Homes average 42 days on market.

Over the past 30 days, 5 homes have sold, with 51 sales in the past 12 months.

The average price per square foot is $561.

About Holly

Holly is a historic East Austin neighborhood situated between East Cesar Chavez Street and Lady Bird Lake, named after the former Holly Street Power Plant that once anchored the area. The neighborhood has deep roots in Austin's Mexican-American community, with a cultural heritage that remains visible in its murals, family-owned businesses, and community landmarks even as significant gentrification has reshaped the housing market over the past two decades.

Homes in Holly range from approximately $400,000 for smaller bungalows to over $1 million for renovated or new-construction properties, reflecting the neighborhood's dramatic price appreciation. The housing stock is eclectic: original 1940s-60s cottages and bungalows sit alongside modern infill construction, contemporary townhomes, and fully renovated residences. Lot sizes are modest, typically 5,000 to 7,000 square feet, but the proximity to Lady Bird Lake and downtown makes every parcel valuable.

Holly is served by the Austin Independent School District (Austin ISD). Students typically attend Sanchez Elementary, Martin Middle School, and Austin High School. The neighborhood's East Austin location also provides access to charter and private school options in the area.

The neighborhood's location is arguably its greatest asset: Lady Bird Lake's hike-and-bike trail is within walking distance, downtown Austin's bars and restaurants on East 6th Street and Rainey Street are minutes away, and I-35 provides quick highway access. The former Holly Power Plant site has been redeveloped as the Edward Rendon Sr. Metro Park, adding waterfront green space to a neighborhood already defined by its central urban location.

Living in Holly

Holly delivers one of the most walkable urban lifestyles in Austin, with Lady Bird Lake, downtown, and East Austin's dining and nightlife scene all within easy reach. Homes from $400K to over $1M reflect the price that buyers pay for this location — steps from the hike-and-bike trail, minutes from East 6th Street, and in the heart of one of Austin's most culturally rich neighborhoods.

The neighborhood's ongoing transformation means coexistence between long-time residents, new homeowners, and renters drawn by the urban convenience. Original bungalows share blocks with modern builds, and legacy taquerias operate alongside craft cocktail bars. For buyers who want Austin's urban core without the high-rise living of Rainey Street or the pricing of Zilker, Holly offers a walkable, culturally textured alternative with strong appreciation potential.

Things to Do in Holly