Market Overview for Pemberton Heights
There are 8 active listings in Pemberton Heights with a median list price of $4.5M and a median sold price of $2.2M.
Homes average 96 days on market.
Over the past 30 days, 0 homes have sold, with 12 sales in the past 12 months.
The average price per square foot is $934.
About Pemberton Heights
Pemberton Heights is a historic and highly sought-after residential neighborhood in central Austin, located west of MoPac Boulevard (Loop 1) between 35th Street and Windsor Road. The neighborhood was developed in the 1920s and 1930s as one of Austin's first planned residential communities, and its gracious tree-lined streets, architectural variety, and proximity to downtown have made it one of the city's most in-demand addresses for nearly a century.
Homes in Pemberton Heights range from approximately $800,000 for smaller original bungalows to over $3 million for renovated or newly constructed estates. The housing stock includes original 1920s-40s Craftsman bungalows, Tudor revivals, Colonial-style homes, and contemporary new builds on the larger lots. The neighborhood's architectural diversity is part of its character, though size and condition vary significantly, creating a wide price range within a compact area.
Pemberton Heights is served by the Austin Independent School District (Austin ISD). Students typically attend Mathews Elementary, O. Henry Middle School, and Austin High School. Austin High School, located nearby on Cesar Chavez Street, is one of Austin ISD's leading campuses with strong academic, athletic, and arts programs. The neighborhood's school assignments contribute significantly to property values.
The neighborhood's central location provides direct access: downtown Austin is 5-10 minutes south, the University of Texas campus is 5-10 minutes east, and MoPac connects to employers throughout the city. Pease Park, a beloved 84-acre greenspace along Shoal Creek, borders the neighborhood and underwent a major restoration adding new trails, a treehouse playground, and improved creek access. The combination of historic character, central location, strong schools, and park access defines Pemberton Heights as one of Austin's most in-demand neighborhoods.
Living in Pemberton Heights
Pemberton Heights is central Austin's leading historic neighborhood, where 1920s-era streetscapes meet modern renovations on some of the most valuable residential land in the city. Homes from $800K to over $3M line streets shaded by mature pecans and live oaks, with Pease Park's 84 restored acres providing a backyard-scale greenspace that few urban neighborhoods can match.
The location is highly convenient for daily needs: downtown in 5-10 minutes, UT campus in 5-10 minutes, MoPac access at the neighborhood's edge, and Austin High School among Austin ISD's well-regarded campuses. The tradeoff is premium pricing and the variability that comes with century-old housing stock — but for buyers who value walkability, history, and an irreplaceable central Austin address, Pemberton Heights consistently tops the list.
