$389,900
2 bd · 1 ba · 1,208 sqft
3509 Lyons Rd, Austin, TX 78702
3509 Lyons Rd, Austin, TX 78702 is a 2-bedroom, 1-bathroom single family residence listed at $389,900 ($323/sqft). 1,208 sqft. Built in 1945. MLS #1609556. Listed by All City Real Estate Ltd. Co.
Property Overview
This 1945 classic on Lyons Road presents a rare redevelopment opportunity on an oversized 0.28-acre lot in the heart of Austin's 78702 zip code. The modest two-bedroom, one-bath home sits in a rapidly evolving neighborhood where new construction has transformed the landscape, making this property an attractive canvas for builders and investors. The substantial lot size alone sets this apart from typical infill parcels, offering flexibility for either a comprehensive renovation of the existing structure or complete redevelopment.
Location remains the property's strongest asset. Positioned within walking distance of trendy restaurants, coffee shops, and local boutiques, 3509 Lyons Road enjoys urban convenience just minutes from downtown Austin. The neighborhood's trajectory toward higher density development and the property's strategic positioning near major employment corridors create strong appreciation potential. At $323 per square foot, the pricing reflects the land value and development upside rather than the current structure.
This is fundamentally a land play for the right buyer—whether that's a developer ready to build new or a visionary willing to restore the character structure that once anchored this block.
Vox Real Estate Insight
The Lyons Road corridor is experiencing significant momentum as infill development continues reshaping East Austin neighborhoods, making this oversized lot a smart acquisition for investors tracking the area's evolution. We're seeing comparable vacant or teardown lots in this immediate vicinity command premium pricing, so the current list price reflects strong opportunity before the next wave of appreciation hits the 78702.
Agent Description
Prime redevelopment opportunity in 78702! Situated on an oversized 0.28 acre lot, 3509 Lyons Road is walkable to many local restaurants and coffee shops, all while being just minutes from downtown. The house either needs a complete remodel or could be torn down to go alongside lots of other new builds in the area.
Property Details
| Property Type | Single Family Residence |
| Year Built | 1945 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Living Area | 1,208 sqft |
| Lot Size | 0.28 acres |
| Price / Sqft | $323 |
| Stories | One |
| Condition | Resale |
| Subdivision | Siegmund Add Sec 04 |
| County | Travis |
| MLS Area | 5 |
| Listed | May 30, 2026 |
| MLS # | 1609556 |
| Listed By | All City Real Estate Ltd. Co |
Interior
| Flooring | Carpet, Linoleum |
| Laundry | Inside |
| Main-Level Bedrooms | 2 |
Systems & Utilities
| Cooling | Wall/Window Unit(s) |
| Heating | Wall Furnace |
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| Water Source | Public |
| Sewer | Public Sewer |
Exterior & Lot
| Construction | HardiPlank Type |
| Roof | Composition |
| Foundation | Slab |
| Faces | Northeast |
Parking
| Parking Spaces | 2 |
| Parking Features | Driveway |
Community & HOA
| HOA | No |
Assigned Schools
| Elementary | Govalle |
| Middle | Kealing |
| High | Eastside Early College |
| District | Austin ISD |
Taxes & Legal
| Tax Year | 2026 |
| Annual Tax | $8,879 |
| Assessed Value | $394,445 |
| Parcel # | 02041401120000 |
| Legal Description | LOT 9 OLT 30&40 DIV A SIEGMUND ADDN SEC 4 |
| FEMA Flood Plain | No |
| In ETJ | No |
| Disclosures | Seller Disclosure |
| Listing Conditions | Standard |
Listing data last updated:
Frequently Asked Questions
What is the listing price of 3509 Lyons Rd, Austin, TX 78702?
This property is listed at $389,900, which is $323 per square foot.
How many bedrooms and bathrooms does 3509 Lyons Rd, Austin, TX 78702 have?
This home has 2 bedrooms and 1 bathroom, with 1,208 square feet of living space.
When was 3509 Lyons Rd, Austin, TX 78702 built?
This property was built in 1945, making it 81 years old.
How long has 3509 Lyons Rd, Austin, TX 78702 been on the market?
This listing has been on the market for 74 days.
What type of property is 3509 Lyons Rd, Austin, TX 78702?
This is a Single Family Residence on a 12,327.48 sqft lot.