The 78702 residential grid north of MLK Boulevard — traditional East Austin bungalow character with better lot depth than most of the ZIP.
Buy or sell in Chestnut with a licensed 78702 Realtor who knows the deep-lot advantage over central 78702 and understands the MLK corridor commercial impact on pricing.
Direct one-on-one service from a licensed Austin Realtor with real Chestnut transaction experience. No team hand-off, no assistant screening, no cookie-cutter marketing playbook.
Chestnut is one of 78702's better lot-depth stories. Where East Cesar Chavez and Holly deal with tight urban lots, Chestnut has retained more traditional deep-lot 78702 platting — many properties are 60x150 or larger, which gives you actual yard, ADU potential, and future addition space that's scarce elsewhere in the ZIP.
The MLK Boulevard corridor is the neighborhood's primary commercial spine and it's densifying steadily. Homes within walking distance of the MLK corridor commercial (coffee, restaurants, small retail) trade at a legitimate premium that grows every year as more development completes. Chestnut is a legitimate "buy for the trajectory" play if you're willing to hold 5+ years.
Chestnut has quietly become one of 78702's stronger-fundamentals sub-neighborhoods: better lots than East Cesar Chavez, Kealing Middle magnet school access, and MLK corridor densification tailwind. But it's also less well-known outside East Austin, which means listings frequently get less attention than they should. Sellers here should invest in strong photography and neighborhood-context marketing — you're selling a story most buyers haven't heard yet.
Buyer note: Chestnut's deep-lot advantage is only useful if you actually value the yard/ADU/expansion potential. If you want a low-maintenance modern with a small courtyard, you're paying for lot depth you won't use — East Cesar Chavez new-builds might be a better fit at a similar price.
Chestnut price context (78702): $550K to $950K for restored bungalows; $800K to $1.3M for new-build or heavily renovated homes.
Landmarks: MLK Boulevard commercial corridor, Rosewood Park, Boggy Creek Farm, Sam's BBQ, Manor Road corridor
Schools: Blackshear Elementary, Kealing Middle (magnet), Reagan Early College High (Austin ISD)
Chestnut isn't one homogeneous market — sub-areas trade at different price points and appeal to different buyers.
Chestnut's Central Chestnut sub-area — verified by Luke on the ground.
Chestnut's MLK-adjacent sub-area — verified by Luke on the ground.
Chestnut's Manor Road corridor sub-area — verified by Luke on the ground.
Full-service Realtor representation for every Chestnut transaction type.
Free consultations, saved-search alerts on new Chestnut inventory, on-the-ground sub-area knowledge, and negotiation support through closing.
Comparative market analysis, professional photography, MLS + syndication, staged marketing, and honest pricing math for Chestnut sellers.
Free comparative market analysis of your specific Chestnut address using live sold-comp data. No obligation, no sales pitch.
Central Austin relocation service for buyers moving to Chestnut from out of state. Neighborhood tours, school district guidance, timing coordination.
Common questions from Chestnut buyers and sellers.
Luke Allen (TREC #788149) is a licensed 78702 Realtor covering Chestnut and adjacent East Austin sub-neighborhoods. Direct service, 30 five-star Google reviews. Understands Chestnut's deep-lot advantage over central 78702 and the MLK corridor densification story that shapes appreciation trajectory here.
Restored 2-3 bedroom bungalows trade $550K to $950K. New-build or heavily renovated homes reach $800K to $1.3M. Chestnut is one of 78702's more accessible entry-price submarkets, with deep-lot bonuses that most other 78702 sub-neighborhoods can't offer.
Chestnut retained more traditional deep-lot 78702 platting — many properties are 60x150 or larger, versus the tighter 40x120 typical of East Cesar Chavez. That extra depth gives you actual yard space, ADU potential, and future addition room that's scarce elsewhere in 78702.
Blackshear Elementary, Kealing Middle (a magnet school), and Reagan Early College High. All Austin ISD. Kealing's magnet program is a genuine draw for academically-focused families and is one of Chestnut's under-recognized value drivers.
Yes — the MLK Boulevard corridor densification is the main appreciation driver, and it continues to add commercial density each year. If you can hold 5+ years, Chestnut has stronger fundamentals than raw pricing suggests. The neighborhood is under-recognized outside East Austin, which is part of the current value.
Chestnut is farther from downtown (less walkable to Rainey/Lady Bird Lake) but has larger lots and often better pricing. East Cesar Chavez is denser and more transitional. Holly has lake proximity but tighter lots. Chestnut is the "quiet residential 78702" option.
Free consultation with a licensed Austin Realtor. Direct response from Luke Allen — no team hand-off, no auto-reply.