$315,000

Property Overview

Catalina Drive in East Riverside offers a rare corner-lot opportunity priced at $238 per square foot, significantly below the neighborhood's $292 median. This 1968-built three-bedroom, two-bath home sits on nearly 7,550 square feet of land, providing the space and privacy that in-fill development properties rarely afford. The flexible artist studio or study adds immediate versatility, whether as a creative workspace, guest retreat, or future expansion foundation.

The quiet cul-de-sac setting masks the property's proximity to Downtown Austin, just ten minutes away, and the rapidly transforming East Austin corridor with its emerging restaurant scene, entertainment venues, and cultural momentum. Lady Bird Lake access and improving transit infrastructure continue reshaping this neighborhood into an increasingly desirable urban living zone. The oversized corner lot represents the kind of land value that smart investors and hands-on builders recognize immediately.

This sold-as-is offering attracts buyers willing to unlock potential through thoughtful renovation. With major employers, shopping, and dining minutes away, 3103 Catalina Drive presents a strategic entry point into one of Austin's most energetic neighborhoods at genuine value pricing.

Vox Residential Insight

The team at Vox Residential recognizes this property's real asset isn't the house itself, but the substantial corner lot in an exploding neighborhood at a significant discount to comps. East Riverside's transformation from overlooked to aspirational makes this a calculated move for investors and builders who understand land value and trajectory.

Agent Description

Don't miss this incredible opportunity to transform this 3-bedroom, 2-bath home, featuring a versatile artist studio or study that offers the perfect flex space for working from home, creating, or relaxing. Situated on a huge corner lot just off a quiet cul-de-sac, this property provides added privacy, abundant outdoor space, and endless possibilities for expansion or redesign. Ideal for investors, flippers, or buyers looking to build instant equity, this home is just a 10-minute drive to Downtown Austin and minutes from the thriving East Austin corridor, placing you close to major employers, shopping, dining, entertainment, and some of Austin's most exciting redevelopment. Priced to sell, the list price reflects the incredible opportunity this property presents, making it an exceptional value in one of Austin's fastest-growing neighborhoods. Bring your contractor and your vision, this is the fixer-upper you've been waiting for. Sold as-is.

Neighborhood: East Riverside

This property is located in East Riverside, Austin, TX. The area is known for Rapid Transformation, Affordable Urban Living, Lady Bird Lake Access, New Development, Transit Improvements.

At $238/sqft, this listing is priced 16% below the East Riverside median of $283/sqft.

Property Details

Listing data last updated: July 16, 2026

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