Discover Delwood: Central Austin’s Quietly Cool, Investor-Friendly Neighborhood

Tucked just east of I-35 and a few minutes north of downtown, Delwood is one of Central Austin’s best-kept secrets. With charming mid-century homes, tree-lined streets, walkability to local coffee shops and parks, and easy access to top employers and transit, Delwood blends classic Austin charm with modern convenience.

Whether you're a long-term investor, a first-time buyer, or someone looking for a peaceful pocket of the city to call home, Delwood offers a highly livable lifestyle — and a great opportunity for real estate growth.

About the Neighborhood

Located in 78722, Delwood is a quiet, residential neighborhood bordered by Cherrywood, Mueller, and the University of Texas campus. Originally developed in the 1940s and '50s, the area has retained much of its architectural character while welcoming new growth in the form of modern remodels, new construction, and updated duplexes.

Delwood residents enjoy:

• Mature trees and wide sidewalks

• A calm, suburban feel — despite being minutes from downtown

• Proximity to UT Austin, Dell Children’s Medical Center, and Mueller

• Easy access to I-35, Airport Blvd, and major tech hubs

• Access to Maplewood Elementary, Kealing Middle, and McCallum High School within Austin ISD

The neighborhood offers a true "front porch" culture — the kind where neighbors know each other, local parks are gathering spots, and the coffee shop around the corner knows your name.

Things to Do Near Delwood

Delwood is ideally located for those who love to explore on foot or bike. Within just a few minutes, you can enjoy:

Dining & Drinks:

• Mi Madre’s – Classic Tex-Mex with a neighborhood vibe

• El Chilito – Tacos, coffee, and frozen sangria in a walk-up setting

• Cherrywood Coffeehouse – A favorite for live music, brunch, and patio hangs

• Hank’s – Upscale-casual fare with a beautiful modern space and large outdoor area

• Patrizi’s – Handmade pasta in a funky food truck setting next to live theater

Outdoor Living:

• Mueller Lake Park – Walking trails, playground, and a scenic lake

• Patterson Park – Basketball, open green space, and a community vibe

• Boggy Creek Greenbelt – Great for trail runs and dog walks

• Texas Farmers' Market at Mueller – Weekly local produce and food vendors

Family-Friendly Activities:

• Thinkery – Austin’s hands-on children's museum

• Alamo Drafthouse Mueller – Dinner and a movie in style

• Maplewood Elementary – Highly regarded public school within walking distance
  
  

Real Estate in Delwood

Delwood’s central location, classic homes, and larger lot sizes make it one of the most desirable neighborhoods in Central Austin — particularly for investors, creatives, and professionals.

Here’s why buyers are paying attention to Delwood:

• Home styles: Primarily mid-century single-family homes and well-maintained duplexes

• Lot sizes: Larger than most central neighborhoods, often 7,000+ sq ft

• Zoning potential: Many properties zoned for multi-family or accessory dwelling units (ADUs)

• Proximity: Just 2 miles from UT and 3 miles from Downtown Austin

• Strong appreciation: Delwood has seen consistent year-over-year property value increases

• Investor demand: Rents are strong due to proximity to UT, downtown, and the Mueller business district

Looking for a turnkey income property? That brings us to...

Featured Property: 1412 Kirkwood Rd, Austin, TX 78722

This well-maintained duplex sits in the heart of Delwood and offers immediate cash flow with long-term upside.

Property Highlights:

• 2 income-producing units

  • Unit A: 1 bed / 1 bath leased through April 2025 at $1,412/month

  • Unit B: 2 bed / 1 bath leased through April 2026 at $1,850/month

• Total monthly income: $3,262/month

• Updated interiors with original hardwood flooring

• Large 8,425 sq ft lot with mature shade trees

• Zoned to Maplewood Elementary, a major draw for families

• Easy access to UT, Mueller, and Downtown

• Recent price: $599,900 — an exceptional value for a cash-flowing property in Central Austin

📍 See full listing here

Why You’ll Love Living (or Investing) in Delwood

• Unbeatable location near all the best of Central Austin

• Laid-back atmosphere with true neighborhood charm

• Architectural character that feels like “Old Austin” — but with modern upgrades

• Great schools and walkability

• Strong resale value and consistent rental demand

Whether you're looking to live in a cozy mid-century home or diversify your portfolio with a duplex like 1412 Kirkwood, Delwood is a smart place to invest in both lifestyle and real estate.

Let Us Help You Explore Delwood

Ready to explore homes or investment properties in Delwood? Whether you’re buying, selling, or just curious about the area, The Byrne Real Estate Group is here to help.

📞 Call us at (512) 942-7880

📧 Email: listings@byrnerealestategroup.com

We know Central Austin — and we’re ready to help you make your move.