$325,000

Property Overview

Tower View Court in Mueller presents a rare development opportunity for builders and investors seeking prime Austin real estate with significant upside potential. This 888-square-foot 1953 home sits on a generous 6,486-square-foot lot zoned SF-3, offering flexibility for redevelopment, renovation, or new construction in one of Central Texas's most sought-after master-planned communities. Priced at $325,000—18 percent below the neighborhood's median price per square foot—this property delivers exceptional value in a rapidly appreciating corridor just minutes from Downtown Austin.

The tree-lined lot provides an ideal blank canvas within Mueller's vibrant ecosystem, where residents enjoy walkable access to H-E-B, Alamo Drafthouse, Mueller Lake Park, the Thinkery, and a rotating calendar of farmers markets and neighborhood events. The location balances neighborhood charm with urban convenience, offering quick commutes via I-35, Airport Boulevard, and established transit routes while maintaining the peaceful character of a residential street.

Mueller continues attracting buyers and investors who recognize the district's trajectory. This property's combination of favorable zoning, developable acreage, below-market pricing, and proximity to community anchors makes it an uncommon listing in an area where land opportunities rarely surface at this price point.

Vox Residential Insight

The SF-3 zoning on this Tower View Court parcel is the real story—it's what separates this from typical Mueller listings and why we're seeing genuine investor interest at this price level. Vox Residential has watched Mueller's evolution closely, and a development-ready lot with this kind of frontage and neighborhood positioning doesn't stay available long once the right buyer recognizes the potential.

Agent Description

SF-3 NP zoning. Discover an exceptional investment opportunity in one of Austin’s most desirable and rapidly appreciating neighborhoods. Situated just 10 minutes from Downtown Austin and minutes from the vibrant Mueller District, this rare tear-down property offers endless potential for developers, builders, or buyers looking to create their dream home in the heart of the city. SF-3 zoning means incredible development opportunities! Located on a quiet, tree-lined street, this level lot boasts ample frontage and mature trees, providing the perfect canvas for a modern custom build or high-end speculative project. What truly sets this opportunity apart is the unbeatable proximity to everything Austin. You’re walking distance to Mueller’s thriving community, including H-E-B, Alamo Drafthouse, Mueller Lake Park, the Thinkery, weekly farmers markets, and a diverse mix of cafes, breweries, and retail. Plus, easy access to I-35, Airport Blvd, and major transit routes ensures a seamless commute to the airport, UT campus, and tech corridors. This is a chance to start fresh in a neighborhood where renovated and newly built homes are commanding top dollar. Surrounding homes reflect the area’s evolution, with contemporary architecture and thoughtfully designed residences setting the tone for what’s possible here. Whether you're an investor eyeing your next big project or a homeowner envisioning a future build in one of Austin’s most exciting urban hubs, this property is your blank slate. Don’t miss your chance to own a piece of East Austin with unmatched location, strong resale potential, and endless possibilities. Sold as-is. Value is in the land. Buyer to verify all development potential, zoning, and restrictions.

Neighborhood: Mueller

This property is located in Mueller, Austin, TX. The area is known for Master-Planned Community, Aldrich Street Shopping, Thinkery Museum, Extensive Parks, New Construction.

At $366/sqft, this listing is priced 18% below the Mueller median of $449/sqft.

Property Details

Listing data last updated: May 19, 2026

Frequently Asked Questions