Amazing opportunity in a prime Central Austin location directly across from The Grove. This large, flat lot with rear alley access is ideal for a new custom home or a complete renovation. The property is being sold as-is, with the value primarily in the land. There are two structures on the property: a 2-bedroom, 1-bath main house and a nice efficiency unit at the rear. Both structures are solid but require a complete renovation. The property previously generated $3,350 per month in rental income in its current condition; however, the former tenants left it in poor condition. The highest and best use may be a teardown for new construction, although buyers looking for a major renovation project will also appreciate the property's potential. Its exceptional location directly across from The Grove places shopping, dining, parks, and entertainment just steps away, making this a rare redevelopment opportunity in one of Central Austin's most desirable areas.
Property Details
- Cooling
- 1
- Heating
- Central, Natural Gas
- Cooling Features
- Central Air, Ceiling Fans
- Bedrooms
- 3
- Bathrooms
- 2.0
- Full Baths
- 2
- Lot Features
- Level, Many Trees, Trees Large Size
- Lot Description
- Level, Many Trees, Trees Large Size
- Exterior Features
- Private Yard
- Exterior Materials
- Private Yard
- Acres
- 0.0
- Square Feet
- 1161.0
- Lot Size (sqft)
- 0.162
- Parking Features
- Assigned, Gravel, Off Street
- Parking Spaces
- 2.0
- Parking Garage Spaces
- 0.0
- Property Type
- Purchase
- Property Subtype Additional
- Single Family Residence
- Year Built
- 1950
- Foundation
- Slab
- Roof
- Composition
- Sewer Information
- Public Sewer
- Utility Source
- Public
- Utility Features
- Electricity Available, Natural Gas Connected, See Remarks, Water Connected
- Appliances
- Free Standing Range, Gas Range, Gas Water Heater, Refrigerator
- Subdivision
- Oakmont Heights
- School District
- Austin ISD
- Elementary School
- Bryker Woods
- Middle School
- O Henry
- High School
- Austin
- County
- Travis
- Region
- Austin
- Original List Price
- $835,000
- Days on Market (Cumulative)
- 42
- Taxes Annual
- $12,713
Location
Legal
Based on information submitted to the MLS GRID as of 2026-08-08T09:00:48Z UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Provided By
Listed by Roya Johnson (#328562)
Listing Office: Keller Williams Realty (#0991)
For Sale
