$649,000

Property Overview

This 4,416-square-foot lot on Holly Street represents a rare development opportunity in East Austin's most dynamic neighborhood. Positioned in the heart of the Holly District, the property sits within walking distance of Lady Bird Lake, Rainey Street's vibrant bar scene, and the thriving restaurant and brewery corridor that defines modern Austin culture. The existing 1945 structure is offered for land value, making this an exceptional canvas for builders and investors seeking to capitalize on one of the urban core's most sought-after addresses.

The location delivers unmatched urban convenience—minutes from Downtown Austin, top-tier dining, live music venues, and the hike and bike trail system. East Austin's cultural renaissance continues to accelerate around this block, where historic charm meets cutting-edge new construction. The neighborhood's walkability and proximity to major employers, shopping, and recreation make this corner of Austin increasingly valuable for those envisioning their next project in a location where real estate fundamentals and lifestyle appeal converge.

Vox Residential Insight

This lot carries a 30 percent price-per-square-foot premium over the East Austin median, but Vox Residential recognizes that premium reflects the Holly District's trajectory as Austin's most sought redevelopment corridor rather than the existing structure's value. For strategic buyers and builders, the opportunity to shape this corner of one of Austin's most culturally rich neighborhoods justifies serious consideration of the land's long-term upside.

Agent Description

Exceptional redevelopment opportunity in one of Austin’s most desirable urban core locations. Situated in the heart of the vibrant Holly District, this property is being offered for land value only and is ideal for investors, builders, or buyers seeking a premier lot for future development. Existing structure is considered a teardown. Prime location just minutes from Lady Bird Lake, Downtown Austin, Rainey Street, East Austin entertainment districts, hike and bike trails, restaurants, coffee shops, live music venues, and local nightlife. Convenient access to major Austin employers, shopping, entertainment, and recreation. Surrounded by ongoing redevelopment and modern construction, this property offers tremendous potential in a highly sought-after area known for its walkability, lifestyle, and proximity to Austin’s urban amenities. Buyer to independently verify zoning, development restrictions, utilities, and future use possibilities. Property sold as-is.

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 $693/sqft, this listing is priced 30% above the East Austin median of $532/sqft.

Property Details

Listing data last updated: May 19, 2026

Frequently Asked Questions