Market Overview for North Burnett
There are 2 active listings in North Burnett with a median list price of $270K and a median sold price of $165K.
Homes average 244 days on market.
Over the past 30 days, 1 homes have sold, with 11 sales in the past 12 months.
The average price per square foot is $258.
About North Burnett
North Burnet in Austin is a high-density residential neighborhood located along Burnet Road in northeast Austin, functioning as one of the city's most important urban infill areas. The neighborhood is home to approximately 16,597 residents distributed across 7,967 households, making it one of the most densely populated areas in Austin with over 2,000 residents per square mile. The median real estate price of $531,244 reflects the premium urban location and walkable access to employment centers and entertainment. North Burnet is almost entirely dominated by large multifamily apartment buildings, with 97.1% of residential real estate classified as multifamily units and 100% occupied by renters, creating a completely rental-focused market. The median rental price is $2,366 per month, with one-bedroom units averaging $1,632 and two-bedroom units averaging $2,346 depending on specific amenities and location. The neighborhood's 80.1% of homes built after 1999 reflects significant urban infill development over the past 25 years as Austin's growth pressures redirected development inward from suburbs. The area attracts young professionals, graduate students, and early-career residents seeking walkable proximity to employment districts, downtown amenities, and social scenes.
The resident population is notably diverse, educated, and transient in character. The median age is 32 years, with 44.6% of residents between 25 and 44 years old, 25% between 15-24, creating a distinctly younger demographic than Austin overall (median age 35). College graduates comprise 60.8% of the neighborhood's population, with over 43% holding Master's degrees or higher education, reflecting the neighborhood's appeal to educated professionals and graduate students. Average household income is $82,812, below the national median of $93,000, typical of urban rental neighborhoods with younger residents still building careers and establishing professional trajectories. The neighborhood serves residents across various education and career stages, from recent college graduates and law/business students to established professionals seeking urban lifestyle without home ownership commitments.
North Burnet provides direct access to one of Austin's most active dining and entertainment corridors along Burnet Road. Burnet Road has transformed significantly over the past 10 years, with restaurants, coffee shops, bars, and retail options generating significant pedestrian traffic. The Peached Tortilla serves Asian fusion cuisine with Texas-influenced preparations and regional recipes. PICNIK offers all-day brunch service, craft cocktails, espresso drinks, and elevated casual dining. Flyrite Chicken provides quick-service rotisserie chicken with specialty preparations and rubs. Thai Kun operates evening and weekend service with consistent high-volume customer traffic reflecting community demand. Velvet Taco serves late-night taco preparation and quick-grab options for post-entertainment dining. Kung Fu Saloon operates as an entertainment venue with barcade games, cocktails, and event hosting. The area also includes Kolache Creations, operating continuously since 1979 offering traditional Czech pastry preparations and contemporary varieties with over 40 years of community presence. Walnut Creek Metropolitan Park is accessible at the neighborhood's northern edge, featuring 15 miles of maintained hiking trails, softball fields, swimming pool, playground, picnic areas, and dog parks.
Public school assignments include Pillow Elementary (rated B-minus by Niche), Burnet Middle School (rated C and undergoing significant curriculum improvements including Spanish literacy program expansion), and Anderson High School (ranked 211th in Texas with 98.1% graduation rate and average SAT scores of 1130). Walnut Creek Greenbelt Trail, an 8.7-mile scenic hiking and biking path with water features, extends from North Burnet's northernmost edge east to Walnut Creek Metropolitan Park's main facilities and dog parks. The neighborhood is very close to downtown Austin via I-35, approximately 8-10 minutes during off-peak traffic, with multiple downtown exits accessible. North Burnet's location near The Domain office and mixed-use development (approximately 3 miles north) functions as a secondary employment center with major office parks, corporate campuses, and retail, making it convenient for professionals working in that growth corridor as well. Access to Austin-Bergstrom International Airport is approximately 15-20 minutes south via I-35, making the neighborhood convenient for frequent business travelers.
Living in North Burnett
Living in North Burnet means choosing an urban rental-focused neighborhood with walkable access to dining, entertainment, and employment without home ownership responsibilities or long-term commitment. The area attracts young professionals, graduate students, and early-career residents seeking proximity to downtown Austin and central employment districts, with 44.6% of residents between 25-44 years old. Most residents are renters in multifamily buildings offering flexibility, on-site amenities including fitness centers and pools, and diverse price points ranging from $1,200-$3,500+ monthly. The neighborhood's dense development pattern creates significantly shorter commutes than suburban areas, with downtown commutes averaging 8-10 minutes and airport access in 15-20 minutes. Walkable access to restaurants and shops eliminates vehicle dependency for dining, groceries, and entertainment, with 50+ restaurants and retail options within walking distance. Proximity to downtown cultural attractions including live music venues, museums, galleries, and parks enables convenient access to Austin's entertainment scene. Over 43% of residents have a Master's degree or higher education level, reflecting the neighborhood's appeal to educated professionals, MBA and law students, medical residents, and academics from nearby universities.
The Burnet Road corridor offers a diverse dining and shopping corridor with 40+ restaurant and bar options concentrated along 2 miles of commercial frontage, without requiring relocation to other neighborhoods. Restaurants range from casual quick-service (Flyrite Chicken, Velvet Taco) to elevated casual dining (PICNIK, The Peached Tortilla), with cuisine styles including Asian fusion, Thai, Mexican, Czech pastries, and Southern preparations. Retail options include coffee shops, boutiques, galleries, and lifestyle retailers supporting neighborhood needs. The neighborhood is substantially younger than Austin's overall population (32-year median age versus 35-year Austin average), with a strong college-educated workforce (60.8% college graduates versus 48% Austin average) and median household income of $82,812 typical for young professionals. Residents access recreational opportunities through Walnut Creek Greenbelt Trail (8.7 miles of paved and natural surface paths) and Walnut Creek Metropolitan Park (293 acres with 15 miles of trails, dog parks, sports facilities, and water features). The neighborhood serves as a central location for professionals working downtown or in central Austin, with commute times of 8-10 minutes downtown compared to 25-40 minutes from suburban areas. North Burnet provides urban walkability enabling immediate access to services, employment centers, entertainment venues, and recreation without automobile dependency for most daily activities and weekend plans.
Things to Do in North Burnett
- Burnet Road Restaurant Corridor: The Peached Tortilla, PICNIK, Flyrite Chicken, Kolache Creations, and numerous coffee shops along Burnet Road.
- Walnut Creek Metropolitan Park: 293 acres with 15 miles of hiking trails, softball fields, swimming pool, playground, picnic areas.
- Walnut Creek Greenbelt Trail: 8.7-mile scenic hiking and biking path extending from North Burnet to Walnut Creek Metropolitan Park.
- Northwest District Park: Neighborhood park with playscape, picnic tables, and green space for outdoor activities.
- Downtown Austin: 8-10 minutes south via I-35, with museums, live music venues, parks, and cultural attractions.
- Art on the Corridor: Gallery 3 and art installations along the Burnet Road cultural corridor.
Major Employers in North Burnett
- Oracle (Technology): Software and cloud services operations in Austin area.
- Google (Technology): 1,500+ employees in Austin metro area.
- Tesla (Automotive): Gigafactory in Austin with electric vehicle and energy storage manufacturing.
- IBM (Technology): Enterprise solutions and services in central Texas.
- HCA Healthcare (Healthcare): Major regional healthcare employer with multiple Austin-area hospitals.
North Burnett Schools
North Burnet residents attend Austin ISD schools, with elementary, middle, and high school assignments serving the northeast area.
School District: Austin Independent School District
Public Schools
- Pillow Elementary
- Summitt Elementary
- Burnet Middle
- Murchison Middle
Private Schools
- Open Montessori School - Montessori approach to elementary and middle school education.
Frequently Asked Questions
What is the median rent in North Burnet?
The median rent in North Burnet is $2,366 per month. One-bedroom apartments average $1,632, while two-bedroom apartments average $2,346 depending on specific location and amenities.
Is North Burnet an urban neighborhood?
Yes, North Burnet is a dense, urban neighborhood with 97.1% of residential buildings classified as multifamily units and 100% occupied by renters.
What restaurants are on Burnet Road?
Notable restaurants include The Peached Tortilla (Asian fusion), PICNIK (brunch and cocktails), Flyrite Chicken (quick service), and Kolache Creations (since 1979).
What schools serve North Burnet?
North Burnet residents attend Austin ISD schools: Pillow Elementary (B-minus), Burnet Middle School (C), and Anderson High School (ranked 211th in Texas).
What recreation is near North Burnet?
Walnut Creek Metropolitan Park (293 acres, 15 miles of trails) and Walnut Creek Greenbelt Trail (8.7 miles) are accessible at the neighborhood's northern edge.
How far is North Burnet from downtown Austin?
Downtown Austin is 8-10 minutes south via I-35 during off-peak traffic, making it highly convenient for downtown workers.