$249,000

Property Overview

This 1925 cottage on Luna Street sits on an expansive 6,464-square-foot lot in one of Austin's most sought-after emerging neighborhoods, presenting a rare opportunity for builders and developers. The modest 508-square-foot home with two bedrooms and one bathroom serves primarily as a land play, though the property's varied terrain offers intriguing potential for multi-level construction and future views. At $249,000, this represents exceptional value for a lot of this caliber in an increasingly competitive Austin market where land opportunity continues to appreciate rapidly.

The neighborhood surrounding 1408 Luna Street has become a hot destination for investors and owner-builders alike, with strong redevelopment momentum transforming the area into Austin's next major residential corridor. Whether you're drawn to the raw potential of the land itself or intrigued by the possibility of coordinating with the adjacent 1410 Luna Street property for a bulk development opportunity, this listing offers flexibility that's increasingly rare. The lot's topography and size create multiple design possibilities for those envisioning their next chapter in this dynamic part of Austin, Texas.

Vox Residential Insight

Vox Residential recognizes this as a premier land acquisition opportunity in a neighborhood experiencing significant investment and revitalization. The bulk purchase potential with the adjacent property at 1410 Luna Street is particularly compelling for developers looking to assemble meaningful acreage in an Austin market where contiguous lots remain scarce.

Agent Description

Lot with some terrain, but potential for some second-story views. Hot area. The existing home is likely a teardown. We are also selling the home at 1410 Luna St, and would be open to a bulk purchase deal.

Property Details

Listing data last updated: July 16, 2026

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