Property Overview

Located on a spacious quarter-acre lot in the established Georgian Acres neighborhood of Austin, TX, 407 Middle Lane presents a compelling redevelopment opportunity for investors and builders. The generous 10,920-square-foot lot features level topography ideal for renovation, expansion, or new construction, priced at $185,000—17 percent below the area median. This North Austin location offers convenient access to major roadways, The Domain shopping district, and Q2 Stadium, while situated in a growing area surrounded by newer construction and active redevelopment projects.

The existing structure underwent significant foundation stabilization and interior framing replacement in the late 1990s, creating a solid foundation for future improvement. Whether buyers envision completing an interior renovation, expanding the existing footprint, or pursuing new construction entirely, the property accommodates multiple development paths subject to city verification and requirements. The combination of strategic positioning, substantial land value, and infrastructure readiness makes this property particularly attractive to those seeking long-term appreciation potential in a revitalizing Austin neighborhood.

Agent Description

Prime redevelopment opportunity in established Georgian Acres on a flat quarter-acre lot ideal for investors or builders. Surrounded by newer construction, duplexes, and expanded properties, this homesite presents multiple options for buyers looking to renovate, rebuild, or reimagine. The existing structure was taken down to the studs in the late 1990s, with significant interior framing replaced and the foundation professionally stabilized. While the renovation was never completed, the groundwork creates an opportunity for those looking to build upon existing improvements or pursue a new vision entirely. The property may be suitable for a full renovation, expansion, or new construction, subject to buyer verification and city requirements. The generous lot size, level topography, and surrounding redevelopment activity make this an attractive option for investors, builders, or owner occupants seeking long-term value. Convenient North Austin location with easy access to major roadways, employment centers, and neighborhood amenities. Sold as is.

Neighborhood: Georgian Acres

This property is located in Georgian Acres, Austin, TX. The area is known for Affordable Living, Near The Domain, Q2 Stadium Access, Highway Convenience, Growing Area.

At $222/sqft, this listing is priced 16% below the Georgian Acres median of $264/sqft.

Property Details

Listing data last updated: March 25, 2026

Frequently Asked Questions