Market Overview for Zip Code 78722
There are 27 active listings in Zip Code 78722 with a median list price of $599K and a median sold price of $620K.
Homes average 96 days on market.
Over the past 30 days, 3 homes have sold, with 70 sales in the past 12 months.
The average price per square foot is $442.
About Zip Code 78722
Zip code 78722 covers the Cherrywood, Upper Boggy Creek, and Mueller neighborhoods in central east Austin, approximately 2 miles northeast of the Texas State Capitol in Travis County. The zip code is bounded roughly by Airport Boulevard to the north, I-35 to the west, Manor Road to the south, and Springdale Road to the east. Cherrywood and Upper Boggy Creek are established residential neighborhoods with housing stock dating from the 1930s through 1960s, characterized by tree-lined streets and modest postwar homes. The Mueller redevelopment, a 711-acre mixed-use project on the former Robert Mueller Municipal Airport site, occupies the northeastern portion of the zip code and has added over 5,000 housing units since construction began in 2007.
Real estate in 78722 spans a range reflecting the area's mix of old and new development. Original Cherrywood bungalows on lots of 5,000 to 7,000 square feet range from $450K unrenovated to over $900K fully remodeled. Mueller homes — a mix of single-family houses, townhomes, row houses, and condominiums — range from $350K for smaller condos to $800K for detached family homes. The median home price across the zip code is approximately $550K. Mueller's developer, Catellus, enforced design standards requiring front porches, alley-loaded garages, and mixed housing types to create a walkable, traditional neighborhood layout. Rental options include Mueller's apartment complexes with two-bedroom units averaging $1,600 to $2,200.
Students in 78722 attend Austin ISD. Elementary schools serving the area include Blanton Elementary and Pecan Springs Elementary. Kealing Middle School, a magnet campus with a selective academic program, serves 6th through 8th grade. Eastside Early College High School provides 9th through 12th grade with college-credit opportunities through Austin Community College. The Mueller area is also near the Barbara Jordan Elementary School, an Austin ISD campus opened to serve the growing redevelopment population. Austin ISD's magnet and transfer options are accessible from this central location, and KIPP Austin operates charter campuses nearby.
The 78722 zip code benefits from a central location with excellent transportation access. I-35 runs along the western edge, and Airport Boulevard connects to US-183 and the East Austin employment corridors. Downtown Austin is less than 10 minutes west, and the UT campus is adjacent across I-35. The Mueller Town Center provides a commercial anchor with an H-E-B grocery store, Alamo Drafthouse Cinema, restaurants, and the Thinkery children's museum. Capital Metro bus routes serve Manor Road and Airport Boulevard, and the planned Project Connect Blue Line light rail will serve the Airport Boulevard corridor. Austin-Bergstrom Airport is approximately 15 minutes south via SH-71.
