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The Drag Home for Sale

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    $439,900

    • 3 Beds
    • 2 Baths
    • 1,211 Sq Ft

    501 W 26th St Unit 121, Austin, TX 78705

    Fabulous Full 3 Bedroom 2 Bath at Centennial West Campus. Huge Open Living / Dining Area with spacious first leval Patio. Galley Kitchen with all modern appliances including full size washer / dryer. Bedrooms are Big With tons of Closet Space. Community has Private Pool, Gated Entry and Covered Reserved Parking. Close to virtually Everything including UT Campus, CVS, Target, Chase Bank, In n Out

    John Firnhaber Property Management Of Texas

    501 W 26th St Unit 121, Austin, TX 78705

Why Live in The Drag

The Drag neighborhood in Austin, located along Guadalupe Street just west of the University of Texas campus, is a vibrant area known for its student-centric housing and bustling commercial district. The neighborhood offers a variety of dining options, from breakfast at Kerbey Lane Cafe to quick bites at Dollar Slice Club, and upscale dining at Acre 41. Retail therapy is easily accessible with trendy shops like C. Jane and Urban Outfitters, and the Renaissance Market features local artisans. Target Grocery and Wheatsville Co-Op are nearby for groceries. The Drag has several Capital Metro bus stops and is a mile from downtown and Interstate 35. While there are no parks within the immediate neighborhood, the expansive University of Texas campus provides ample green space. Pease Park, a mile away, offers a playground, a splash pad and hosts the annual Eeyore's Birthday celebration. The neighborhood is part of the Austin Independent School District, with highly rated schools including Bryker Woods Elementary, O. Henry Middle and Austin High. Housing in The Drag primarily consists of condominiums, catering mostly to students.

Frequently Asked Questions

Is The Drag a good place to live?
The Drag is a good place to live. The Drag is considered very walkable and a biker's paradise with good transit options. The Drag has 7 parks for recreational activities. It is very dense in population with 54.5 people per acre and a median age of 24. The average household income is $18,209 which is below the national average. College graduates make up 69.6% of residents. A majority of residents in The Drag are renters, with 99.1% of residents renting and 0.9% of residents owning their home. A local real estate agent serving The Drag can help you decide if this neighborhood is the right one for you. Learn more on our The Drag neighborhood guide.
Is The Drag, TX a safe neighborhood?
The Drag, TX is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in The Drag?
The median home price in The Drag is $399,000. If you put a 20% down payment of $79,800 and had a 30-year fixed mortgage with an interest rate of 6.18%, your estimated principal and interest payment would be $1,950 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $84K a year to afford the median home price in The Drag. Learn how much home you can afford with our Home Affordability Calculator. The average household income in The Drag is $18K.
What are the best public schools in The Drag?
The best public schools that serve The Drag are:
What are the best private schools in The Drag?
The best private schools that serve The Drag are:
  • Girls' School Of Austin has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 5.0.
  • Kirby Hall School has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.9.
  • St. Austin Catholic School has an A+ Niche grade, a student teacher ratio of 9:1 and an average review score of 4.7.
What are the most popular zip codes in The Drag, Austin, TX?
The most popular zip codes in The Drag, Austin, TX include 78705, 78701, 78703, 78751 and 78702.
What are the most popular neighborhoods near The Drag, Austin, TX?
The most popular neighborhoods near The Drag, Austin, TX are West Campus, North University, Judges Hill, Texas Capital and Pemberton Heights.
Are home prices dropping in The Drag?
Yes, home prices in The Drag are down 3% in the last 12 months.

Home Trends in The Drag, TX

Housing Trends

Median Sale Price
$362,500
Median 2 Bedroom Sale Price
$396,000
Median 1 Bedroom Sale Price
$297,000
Average Price Per Sq Ft
$395
Number of Homes for Sale
1
Last 12 months Home Sales
8
Months of Supply
1.50
Median List Price
$399,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
7%
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