$390,000

Property Overview

This Georgian Acres gem on Neans Drive presents a rare opportunity for visionary developers and investor-minded buyers in Austin, TX. Sitting on nearly half an acre of developable land—an increasingly scarce commodity near The Domain—this 1961 mid-century modern home showcases authentic architectural character rooted in award-winning design principles. The original single-owner residence, built from a celebrated Better Homes & Gardens floor plan, retains period details that reflect its thoughtful construction, though the property requires significant renovation to restore its potential. With minimal tree restrictions and recently completed infrastructure improvements including new curbs and sidewalks, the lot's true value lies in its substantial size and strategic location.

For builders and forward-thinking investors, this North Austin property aligns perfectly with Austin's HOME 1 and HOME 2 initiatives, which facilitate multi-unit development and unlock considerable value through thoughtful redevelopment. The proximity to Q2 Stadium, easy Highway 35 access, and the growth trajectory of this accessible neighborhood create compelling fundamentals for residential expansion. At $390,000, the price reflects the development potential rather than the existing structure. This is a blank canvas for those prepared to reimagine what this substantial Neans Drive lot can become in one of Austin's most conveniently positioned and affordable neighborhoods.

Agent Description

Please see showing instructions: 24-HOUR NOTICE IS REQUIRED. Rare opportunity to own a sprawling 20,063 sq ft lot (nearly 1/2 acre) in an established Austin neighborhood. The property features a distinctive mid-century modern home built in 1960 from an award-winning floor plan published in the December 1959 issue of Better Homes & Gardens. The home has an incredible legacy! It was built by local stone mason, carpenter, and character actor Axel Schiller, known for appearances in Texas films including Texas Chainsaw Massacre: The Next Generation. The property offers an incredibly unique blend of Austin history, architectural character, and endless possibilities for restoration or redevelopment. Recent improvements include replacement of the water service line to the home, new interior water lines, and updated plumbing fixtures. Whether you envision restoring this mid-century gem to it's former glory or exploring the possibilities offered by the expansive lot, this property presents a rare opportunity. Buyers should independently verify development potential, zoning requirements, tree regulations, and applicable City of Austin development standards. Curbs and sidewalks have recently been installed.

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 $395/sqft, this listing is priced 40% above the Georgian Acres median of $283/sqft.

Property Details

Listing data last updated: July 16, 2026

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