Small, central, characterful · ZIP 78722 · 3 condo communities
Cherrywood is a compact, walkable central-east neighborhood near Mueller and UT, full of bungalows and a tight-knit feel.
Its few condos and townhomes appeal to buyers who want centrality and character on a budget.
Central-east Austin between I-35 and Airport Boulevard.
Across registered, direct-filed short-term rentals in Cherrywood (ZIP 78722), revenue runs $13-18k per unit per year, based on 10 filed units (InnKing — direct-filed HOT data from registered short-term-rental operators). As of 2026-06.
Seasonal demand index (mean month = 100; above 100 = busier than a typical month)
Most Austin condos restrict short-term rentals, so this is an area benchmark, not a guarantee for any specific building. Get a property-specific InnKing estimate →
Most communities in Cherrywood are governed by an HOA, so review monthly dues, reserves, and rules before purchasing. Austin restricts short-term rentals in most condo buildings, so if Airbnb income matters, confirm a building’s zoning and HOA policy first. Pricing and availability change constantly — request current numbers and recent comparable sales before making an offer.