$675,000

Property Overview

This East Austin gem on Tillery Street offers a compelling canvas for investors and owner-occupants alike. The 0.26-acre lot holds an 802-square-foot, two-bedroom home built in 1957, situated in a neighborhood experiencing significant reinvestment and demand. Zoned SF3, the property presents multiple pathways: renovate and occupy the existing residence, expand thoughtfully, or explore subdivision and infill development opportunities that align with Austin's growing housing needs. The location delivers walkable access to East 11th Street's vibrant dining and retail scene, downtown proximity, and the emerging Mueller neighborhood corridor.

The home itself features a functional layout with both bedrooms on the main level, updated stainless steel appliances, and a covered carport offering four parking spaces. Original wood fencing encloses the property, and a patio and porch extend outdoor living. Utilities are fully connected to public water, sewer, natural gas, and electricity. Schools include Oak Springs Elementary, Kealing Middle, and Eastside Early College, while nearby parks and trails serve the active lifestyle many Austin residents seek. At $675,000, the asking price reflects the land value and development potential rather than the modest existing structure alone.

Vox Real Estate Insight

The Vox Real Estate team sees this Tillery Street property as strategically positioned for the next wave of East Austin development, where recent comparable sales in the mid-$600,000s demonstrate market momentum. For the right buyer—whether an owner seeking an affordable entry point with expansion potential or a developer evaluating infill opportunities—this 0.26-acre lot represents genuine upside in one of Austin's most talked-about neighborhoods.

Agent Description

Located in the heart of East Austin, 1124 Tillery Street presents a rare opportunity to acquire an approximately 0.25-acre lot with an existing ~802 square-foot single-family home and multiple potential development strategies. Land is zoned for SF3. Subject to City of Austin approval, a buyer could renovate or expand the existing residence, preserve and sell the original home while developing additional residences on the remaining land, subdivide the property into smaller residential lots, or remove the existing structure and pursue a higher-density redevelopment plan. The surrounding market demonstrates strong demand for thoughtfully designed infill construction: recently completed homes on Tillery Street have sold in approximately the mid-$600,000s, while a larger 2,405-square-foot new-construction home at 1506 Tillery Street is currently offered at approximately $1.1 million. With convenient access to Downtown Austin, Mueller, East 11th Street, local restaurants, entertainment, parks, trails, and major employment centers, the property offers compelling potential for a builder, developer, investor, or owner-occupant seeking long-term value in one of East Austin’s most active infill corridors. Buyer to independently verify zoning, subdivision feasibility, allowable density, unit count, lot dimensions, utilities, protected-tree requirements, demolition restrictions, permitting, and all proposed uses with the City of Austin and other applicable authorities.

Property Details

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Systems & Utilities

Exterior & Lot

Parking

Community & HOA

Assigned Schools

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