$995,000

Property Overview

This nearly 0.60-acre compound on Nowotny Lane represents a rare assemblage opportunity in Central East Austin, comprising two distinct tracts with extraordinary development potential. The improved tract at 712 Nowotny features a 1936-built residence brimming with original character—original hardwood floors and tongue-and-groove ceilings anchor the living spaces, while two generous bedrooms and two full baths provide comfortable living. The adjoining unimproved 0.28-acre tract at 708 Nowotny expands the possibilities exponentially, offering a blank canvas for accessory dwelling units, recreational amenities, or future expansion.

With 155 feet of combined frontage and an SF-3 zoning framework, this property invites multiple development strategies. Current owners can enhance the existing home with a pool, court, or ADU while maintaining privacy on substantial grounds. Alternatively, the adjoining vacant land enables subdivision into multiple lots or re-zoning exploration for increased density. The location within Austin TX's desirable Central East neighborhood positions the assemblage at an advantageous intersection of established character and forward-thinking development value, all at $957 per square foot.

Vox Residential Insight

The Vox Residential team recognizes that land assemblages of this scale and development flexibility are exceptionally uncommon in Central East Austin, making this dual-tract offering particularly compelling for both owner-occupants seeking privacy and investors evaluating long-term appreciation. The combination of an occupied, characterful home and contiguous buildable land creates a rare platform for creative redevelopment without disruption to existing neighborhood fabric.

Agent Description

Take advantage of this rare opportunity to own one of the most private residences in Central East Austin. This property consists of two tracts (708 Nowotny & 712 Nowotny) and totals nearly 0.60+ acres or 28,000+ square feet. 708 Nowotny is an unimproved tract that is 0.28 acres, and 712 Nowotny includes a charming home on 0.32 acres. Enjoy this incredible compound as a private residence and build an ADU, pool, tennis or pickleball court. Or utilize its endless development potential to sell or develop both tracts in the future. You could also tear down and develop multiple units with the generous 155' of frontage combined on the two tracts. The property is currently platted as two separate SF-3 lots but could be re-platted into at least 3 SF-3 lots, or re-zoned to allow for even more units (buyer to verify). The home on 712 Nowotny exudes charming character and eclectic style boasting original hardwood flooring, a tongue & groove ceiling in the living room, two spacious bedrooms and a well-crafted, updated kitchen and dining area. The bright and airy kitchen features recent cabinets, stainless steel countertops and stainless steel appliances. The thoughtful floor plan is organized to offer multiple entertaining options and great separation between the bedrooms. Relax on one of two screened porches and enjoy the complete privacy and serenity of this hidden gem. Walk to Flitch Coffee, Justine's, Kinda Tropical, Hi Sign Brewing, Pickleball, Austin Bouldering Project and so much more. An opportunity to own this large of a tract on the most private street in 78702 is not something that comes around often, don't miss it!

Property Details

Listing data last updated: May 19, 2026

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