$435,000

Property Overview

Located on Anthony Street in East Austin's vibrant Holly neighborhood, this 3,371-square-foot lot sits just blocks from Lady Bird Lake and the beloved Hike and Bike Trail, positioning it within one of Austin's most culturally dynamic and rapidly evolving districts. The existing 1942 structure serves as a blank canvas for developers and builders seeking to capitalize on this prime location, where established historic character meets the neighborhood's surging modern renaissance. With Festival Beach nearby and downtown Austin just a mile away, the site benefits from immediate walkability to the eclectic restaurants, breweries, and coffee shops that define East Austin's contemporary appeal.

The neighborhood's thriving arts scene, diverse community, and mix of restored vintage homes alongside new construction create compelling development potential. At $906 per square foot, this offering reflects the premium that savvy investors place on East Austin real estate—71 percent above the area's median—underscoring the neighborhood's transformation and desirability. The substantial lot size combined with proximity to cultural hotspots, outdoor recreation, and downtown connectivity makes this Anthony Street property an attractive opportunity for those envisioning what comes next in this iconic Austin neighborhood.

Vox Residential Insight

The Vox Residential team recognizes that East Austin's development trajectory makes this Holly neighborhood lot particularly appealing to builders and investors who understand the long-term value proposition of being walkable, culturally connected, and literally minutes from the downtown core. Properties at this price point and location move quickly here, and the two-day market time reflects just how competitive this segment has become in 2024.

Agent Description

This investors dream lot is just a few of blocks from Festival Beach, Ladybird Lake and the Hike and Bike trail. It's also only about a mile from downtown Austin. This lot offers amazing potential in one of Austin's most desirable neighborhoods. The existing home is considered a tear-down and has incredible potential for new construction in the incredibly walkable Holly neighborhood, with access to numerous local restaurants, bars and coffee shops.

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 $906/sqft, this listing is priced 79% above the East Austin median of $506/sqft.

Property Details

Listing data last updated: July 16, 2026

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