$190,000

Property Overview

This 1935-era cottage on Carver Avenue presents a rare development opportunity in St. Johns, one of Austin's most strategically positioned neighborhoods for growth. Sitting on over 8,100 square feet with minimal tree canopy, the property eliminates costly site prep and environmental reviews that typically delay projects. The existing single-bedroom structure provides immediate income potential or renovation flexibility while investors evaluate multi-unit development possibilities aligned with current city zoning allowances and height entitlements.

The location exemplifies why St. Johns has emerged as Austin's emerging investment corridor. Minutes from downtown via I-35 and US-290 access, this Airport Boulevard area benefits from new restaurants, retail development, and significant density incentives that favor builders ready to capitalize on Austin's urban housing evolution. The $371 per square foot price point remains competitive against area comparables, making this a strategic entry point for forward-thinking developers navigating Austin's changing landscape.

Vox Real Estate Insight

This property represents exactly the type of land play that savvy investors and developers are targeting in St. Johns right now, where zoning flexibility meets proximity to major corridors and downtown access. At Vox Residential, we're seeing strong demand for sites like this where the baseline development economics work in builders' favor, particularly as the Airport Boulevard corridor continues its transformation.

Agent Description

Prime Multi-Unit Development Opportunity at 6919 Carver Ave, Austin, TX 78752. This is a rare opportunity for builders and investors to capitalize on Austin’s evolving urban density initiatives. This lot has minimal to no tree canopy, which significantly reduces site prep costs, environmental mitigation hurdles, and permitting delays. Take advantage of city allowances for multi-unit construction, the site is ideal for a multi-level project featuring several units per lot according to current city guidelines and height entitlements. Situated just minutes from Downtown Austin with immediate access to I-35 and US-290. This lot provides the flexibility and scale needed for a successful project. Buyer to independently verify all zoning, density allowances, and utility capacities with the City of Austin.

Neighborhood: St. Johns

This property is located in St. Johns, Austin, TX. The area is known for Affordable Near Central, Growing Investment, New Restaurants, Growth Potential, Airport Blvd Corridor.

At $371/sqft, this listing is priced 14% above the St. Johns median of $325/sqft.

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