$475,000

Property Overview

This corner lot on Webberville Road presents a rare redevelopment opportunity in East Austin's dynamic Lorraine Heights neighborhood. The 1,080-square-foot, 3-bedroom home sits on over seven thousand square feet of land, positioning it as an exceptional canvas for builders, investors, and visionary homeowners. The generous lot size opens possibilities for either a thoughtful renovation of the existing structure or a fresh start with new construction—rare flexibility in this rapidly evolving area. Located in the heart of Austin's cultural renaissance, the property offers immediate access to the thriving restaurant and brewery scene, plus direct proximity to Boggy Creek Trail and Lady Bird Lake's outdoor recreation.

The Webberville Road location delivers unmatched convenience, placing owners just minutes from downtown Austin, UT's campus, and the airport while remaining steps from Austin Community College East. East Austin's momentum continues as a magnet for artists, entrepreneurs, and those seeking walkable urban living with authentic character. Priced at $440 per square foot—15 percent below the area median—this property captures significant value in one of Austin's most sought-after neighborhoods, where historic charm meets modern possibility.

Vox Residential Insight

We're seeing strong investor interest in East Austin corner lots with this kind of density potential, and the Lorraine Heights location along Webberville puts this property at an inflection point where the neighborhood's cultural identity and new development are colliding in the best way. At this price point relative to the neighborhood's trajectory, it's the type of opportunity our clients are actively hunting for in this part of town.

Agent Description

Prime corner lot in the highly sought-after Lorraine Heights neighborhood, located in the heart of vibrant East Austin. Currently a 3-bedroom, 1-bath home, this property is full of potential and ready for your vision. Whether you’re an investor, builder, or buyer looking to renovate or start fresh, the possibilities here are endless. The lot offers exceptional redevelopment opportunities, with the potential to accommodate two new builds—making it a rare find in one of Austin’s fastest-growing areas. Use the existing structure as a starting point for a remodel, or take advantage of the lot’s full potential with a new construction project. Enjoy unbeatable proximity to Boggy Creek Trail, Lady Bird Lake, and a wide array of popular dining, entertainment, and cultural hotspots. Conveniently located just minutes from downtown Austin, the University of Texas, and the airport, this property provides outstanding access and connectivity. Plus, it’s just steps from Austin Community College East Campus. Opportunities like this don’t come around often—secure your place in one of East Austin’s most dynamic neighborhoods and bring your vision to life. Schedule your showing today!

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 $440/sqft, this listing is priced 17% below the East Austin median of $532/sqft.

Property Details

Listing data last updated: May 19, 2026

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