$899,000

Property Overview

This 1953 mid-century home on Griswold Lane represents a rare offering in prestigious Tarrytown—never before listed on the market. Sitting on an expansive 10,781-square-foot lot with direct creekside access, the two-bedroom, one-bath residence retains its original character and presents multiple development pathways for visionary buyers. The substantial grounds, bordered by a wet-weather creek that provides natural privacy and verdant screening, offer flexibility rarely found in this central Austin neighborhood known for its tree-lined streets and desirable location near top-rated schools.

The property's true value lies in its development potential within one of Austin's most sought-after addresses. Builders and investors can explore renovation and expansion of the existing structure or reimagine the oversized lot entirely, with potential for multiple residential units under applicable zoning. Whether preserving the home's mid-century bones or pursuing new construction, the Tarrytown setting—with proximity to Lake Austin and established community prestige—anchors this opportunity in an ever-appreciating market.

Vox Residential Insight

Vox Residential recognizes this as a pivotal moment in Tarrytown's evolution, where original 1953 homes on substantial lots present rare acquisition windows for redevelopment-minded buyers before the neighborhood densifies further. The creek-adjacent positioning and never-before-listed status make this a distinctive entry point for those seeking Austin real estate with both heritage charm and forward-development appeal.

Agent Description

Fantastic opportunity in Tarrytown- first time ever on the market! Mid-Century home with separate guest house/rental apartment. The house is in original condition from 1953 and ready for renovation and expansion, or the oversized quarter-acre creekside lot (65' x 160') could be redeveloped with up to three new units. Excellent potential for a residential condo regime in one of Austin's most desirable neighborhoods. The wet-weather creek on the adjacent lot creates a great privacy buffer and a lush landscape. Buyers/builders should independently verify all information for potential redevelopment plans.

Neighborhood: Tarrytown

This property is located in Tarrytown, Austin, TX. The area is known for Lake Austin Access, Top-Rated Schools, Tree-Lined Streets, Prestigious Homes, Central Location.

At $582/sqft, this listing is priced near the Tarrytown median of $577/sqft.

Property Details

Listing data last updated: July 16, 2026

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