$189,000

Property Overview

This 644-square-foot home on Luna Street represents a rare opportunity to own a substantial 6,486-square-foot lot in Austin's increasingly desirable East Austin corridor. Built in 1965, the single-story residence sits on terrain that hints at development potential, with the lot's topography suggesting opportunity for elevated views and reimagined use. The property features wood flooring, two bedrooms on the main level, and sits comfortably off the street with off-street parking. At $189,000, this represents exceptional value for the lot size alone, priced significantly below the neighborhood's trajectory.

The current structure serves as the starting point for buyers envisioning their Austin dream, whether through renovation or redevelopment. The parcel's utility infrastructure is established with public water and sewer connections, electricity, and phone availability already in place. Located in the Chernosky subdivision within Austin ISD's Northeast Early College High School zone, this Luna Street property benefits from the area's momentum and accessibility to central Austin amenities. Vox Real Estate notes that this opportunity appeals equally to investors scouting development potential and owner-occupants ready to build equity in one of Austin's hottest neighborhoods—and we're simultaneously marketing the adjacent property at 1408 Luna Street, opening possibilities for strategic bulk acquisitions.

Vox Real Estate Insight

East Austin along Luna Street has transformed into one of the city's most energized neighborhoods, and this lot size combined with current pricing creates compelling leverage for buyers willing to see past the existing structure. Vox Real Estate has observed that properties in this corridor are increasingly attracting development-minded investors and owner-builders who recognize the area's long-term appreciation and the scarcity of land parcels this size near central Austin.

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 1408 Luna St, and would be open to a bulk purchase deal.

Property Details

Interior

Systems & Utilities

Exterior & Lot

Parking

Community & HOA

Assigned Schools

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