$330,000

Property Overview

This 1,144 square foot residence on Spur Street in East Austin sits on a generous 6,555 square foot lot, presenting a compelling redevelopment opportunity in one of the city's most vibrant neighborhoods. Built in 1959, the structure offers a blank canvas for investors, builders, and visionary homeowners ready to reimagine the space. The property's strategic location near major thoroughfares provides seamless access to Downtown Austin, Austin-Bergstrom International Airport, and The University of Texas, while putting you steps away from East Austin's celebrated restaurants, coffee shops, and cultural venues that define the neighborhood's identity.

At $288 per square foot, this offering represents strong value positioning for the East Austin market. The oversized lot opens possibilities for customization, expansion, or the addition of an accessory dwelling unit to suit multigenerational living or income-generating potential. The bones of an older home paired with this generous land footprint create the rare combination of urban convenience and development flexibility. As East Austin continues its transformation with modern projects and sustained demand, securing a homesite at this scale and location positions you at the intersection of neighborhood momentum and personal opportunity.

Vox Real Estate Insight

Vox Residential recognizes this as a sophisticated play on East Austin's trajectory—the lot size alone is increasingly scarce in this corridor, and the combination of price point and development potential appeals to builders and long-term investors alike. With only three days on market, this reflects the appetite for strategic redevelopment opportunities in neighborhoods where both lifestyle and appreciation potential are accelerating.

Agent Description

Exceptional redevelopment opportunity in the heart of East Austin, one of the city’s most dynamic and rapidly evolving neighborhoods. Ideally positioned near major thoroughfares with quick access to Downtown Austin, Austin-Bergstrom International Airport, The University of Texas, and some of the city’s most celebrated restaurants, coffee shops, entertainment venues, and cultural hotspots, this property offers the perfect canvas for a visionary buyer, builder, or investor. The existing structure is ready for its next chapter, making way for the potential to create a stunning custom residence with additional income-producing or multigenerational possibilities through an accessory dwelling unit (buyer to verify zoning and development potential with the City of Austin). Surrounded by continued growth, modern development, and strong demand, this is a rare chance to secure a homesite in a prime urban location where lifestyle, convenience, and long-term upside converge.

Property Details

Interior

Systems & Utilities

Exterior & Lot

Parking

Community & HOA

Assigned Schools

Taxes & Legal

Frequently Asked Questions