Market Overview for Pleasant Valley
There are 18 active listings in Pleasant Valley with a median list price of $225K and a median sold price of $382K.
Over the past 30 days, 0 homes have sold, with 10 sales in the past 12 months.
The average price per square foot is $248.
About Pleasant Valley
Pleasant Valley is a neighborhood in southeast Austin, Travis County, centered along South Pleasant Valley Road in ZIP code 78741. The area sits east of I-35, with Lady Bird Lake and the Colorado River forming a general northern boundary, and extends south through the East Riverside corridor.
The neighborhood's location places it approximately three to five miles from downtown Austin, accessible via East Riverside Drive, Pleasant Valley Road, and I-35. The area has seen substantial redevelopment and investment in recent years, with new apartment, mixed-use, and commercial projects replacing older garden-style apartment complexes along the East Riverside Drive corridor. The Oracle campus (formerly the Norwood Park development) on East Riverside Drive has brought additional commercial presence to the area.
Roy G. Guerrero Colorado River Metropolitan Park, a 378-acre park along the Colorado River and Lady Bird Lake, is accessible from the Pleasant Valley area. The park features hiking and mountain biking trails, disc golf, river access, picnic pavilions, and open green spaces. The park's river frontage provides kayaking and canoeing access.
The Montopolis neighborhood lies immediately to the east (bounded on the west by Grove Street and Pleasant Valley per Wikipedia), while the broader East Riverside-Oltorf planning area extends to the west. The area is undergoing a transit-oriented transformation, with Capital Metro's planned Blue Line light rail along East Riverside Drive expected to serve the corridor.
Living in Pleasant Valley
Pleasant Valley offers relatively affordable housing close to downtown Austin, with a mix of older single-family homes, apartment complexes, and newer mixed-use developments. The East Riverside corridor's ongoing redevelopment is adding density and commercial amenities.
The area is served by Austin Independent School District (Austin ISD). Linder Elementary School at 2800 Metcalfe Road (approximately 544 students) serves the core Pleasant Valley area in 78741. Students feed into the AISD middle and high school system. Perez Elementary School at 7500 South Pleasant Valley Road serves the southern portion of the corridor.
I-35 provides direct north-south highway access, with downtown approximately three to five miles north. South Pleasant Valley Road connects to Ben White Boulevard (SH-71) and the Austin-Bergstrom International Airport corridor. Capital Metro bus service runs along East Riverside Drive and Pleasant Valley Road.
Roy G. Guerrero Park provides the area's most significant recreation space at 378 acres along the Colorado River. The park connects to the broader trail network along Lady Bird Lake. The East Riverside Drive commercial corridor offers grocery stores, restaurants, and services. The area's evolution from a predominantly car-oriented suburban layout to a more mixed-use, transit-oriented corridor is reshaping the neighborhood's character.
