Market Overview for Deep Eddy
There are 14 active listings in Deep Eddy with a median list price of $662K and a median sold price of $990K.
Homes average 6 days on market.
Over the past 30 days, 3 homes have sold, with 29 sales in the past 12 months.
The average price per square foot is $544.
About Deep Eddy
Deep Eddy is a small central Austin neighborhood in the 78703 zip code, located west of downtown along the Colorado River. The neighborhood is bounded by Lake Austin Boulevard to the south, MoPac Expressway (Loop 1) to the east, and Windsor Road to the north, with the Johnson Creek Greenbelt running through the area. Deep Eddy sits immediately south of Tarrytown, which shares the same zip code, and is one of Austin's older residential communities with a population of approximately 1,800 residents across roughly 900 households.
The neighborhood takes its name from Deep Eddy Pool, a historic spring-fed swimming pool immediately adjacent to the neighborhood and the oldest swimming pool in Texas. The pool began as a swimming hole in the Colorado River where cold springs rose from the banks and a large boulder formed an eddy. In 1915, A.J. Eilers Sr. bought the surrounding land and built the concrete pool, growing the site into a resort that at one time included a Ferris wheel, a 70-foot water slide, and a diving tower. The City of Austin purchased the property in 1935 for $10,000, and the Works Progress Administration built the bathhouse during the Depression era.
Housing in Deep Eddy is a mix of older single-family homes — many original bungalows and cottages from the early and mid-20th century — alongside townhomes, condos, and some newer infill. Lot sizes are modest, reflecting the neighborhood's compact central location. The combination of walkable proximity to Lady Bird Lake, the Hike and Bike Trail, Deep Eddy Pool, and downtown Austin has kept the neighborhood one of the higher-priced central Austin areas. Deep Eddy is served by Austin ISD, and downtown Austin is approximately 2 miles east via Lake Austin Boulevard or Enfield Road, typically 5 to 15 minutes depending on traffic.
Deep Eddy is not gated and has no single HOA covering the whole neighborhood. The Deep Eddy Neighborhood Association is a voluntary resident organization representing the area on zoning, development, and preservation issues with the City of Austin.
Living in Deep Eddy
Daily life in Deep Eddy is shaped by its position between Lady Bird Lake and the MoPac corridor. Residents have direct access to the Ann and Roy Butler Hike-and-Bike Trail along Lady Bird Lake, with Deep Eddy Pool itself just across Lake Austin Boulevard — a roughly 5-minute walk from most homes in the neighborhood. The Colorado River, visible from parts of the neighborhood, anchors recreation in the area with kayaking and paddleboarding access at Walsh Boat Landing and nearby put-ins.
Deep Eddy is within walking and biking distance of several central Austin destinations: Pease Park (a 55-acre Austin city park along Shoal Creek), the Shoal Creek Trail, and the Lady Bird Lake trail system. The neighborhood is a few minutes' drive from downtown, the UT Austin campus, and the Tarrytown commercial district along Exposition Boulevard.
