$350,000

Property Overview

This East Austin lot represents a rare development opportunity on 2nd Street, positioned in one of Austin's most dynamic neighborhoods. The nearly half-acre parcel sits perfectly positioned for vertical development, with unobstructed views toward downtown and immediate proximity to the cultural heart of East Austin. At $449 per square foot—11 percent below the area median—this property offers compelling value for builders and developers seeking to capitalize on the area's continued evolution. The location places residents within walking distance of Lady Bird Lake, the thriving restaurant and brewery scene that defines East Austin, and easy access to downtown via multiple transportation options.

The 780-square-foot structure on the property presents a blank canvas for reimagining, with significant potential for a two or three-story residence. East Austin's eclectic mix of restored historic homes, modern new construction, and vibrant cultural spaces creates an increasingly desirable market for those seeking authentic Austin character. The neighborhood's walkability, proximity to live music venues, and established community identity make this corner lot particularly attractive for buyers ready to build their vision in one of Austin's most compelling neighborhoods.

Vox Real Estate Insight

The Vox Residential team recognizes this as a development-focused listing in an East Austin corridor experiencing substantial appreciation and transformation, where the below-market pricing reflects the property's condition rather than location weakness. For experienced builders and developers comfortable with rehabilitation or new construction, this 2nd Street location offers genuine upside potential within a neighborhood that continues to attract investment and cultural momentum.

Agent Description

Discover an unparalleled opportunity to craft your bespoke urban oasis in the heart of Austin, where location truly is paramount. This property offers a blank canvas for architectural dreams, with the potential to build a magnificent two or three-story residence featuring breathtaking downtown views. Imagine a lifestyle where every amenity is within easy reach, fostering a vibrant and engaging daily experience. The surrounding neighborhood provides an exceptional blend of recreation and entertainment. Enjoy leisurely strolls or invigorating bike rides to iconic Lady Bird Lake, explore the serene Secret Beach, or visit the historic Longhorn Dam. Embrace the vibrant local culture with easy access to breweries, country dancing venues, and an array of culinary delights, including famous bass fishing spots, kayaking, and late-night taco trucks. The convenience of walking to local bars eliminates the need for driving, allowing for spontaneous enjoyment. This single-story home, spanning 780 square feet with one full bathroom, sits on a generous 0.1-acre lot. The classic siding and welcoming porch offer a promising foundation for a stunning renovation. Although the property requires significant revitalization following a major fire and currently has trash on site, it presents an extraordinary chance to create a personalized haven. The rooftop terrace, envisioned with an infinity pool and an outdoor kitchen, could become an idyllic retreat for relaxation and entertainment, all while providing captivating city views. This unique offering is perfect for those seeking to immerse themselves in Austin's dynamic lifestyle.

Neighborhood: East Austin

This property is located in East Austin, Austin, TX. The area is known for Thriving Arts Scene, Top Restaurants & Breweries, Historic Homes, Modern New Construction, Cultural Diversity.

At $449/sqft, this listing is priced 11% below the East Austin median of $507/sqft.

Property Details

Systems & Utilities

Exterior & Lot

Parking

Community & HOA

Assigned Schools

Taxes & Legal

Frequently Asked Questions