$950,000

Property Overview

This Central East Austin property at 712 Nowotny Lane represents a rare assemblage opportunity spanning nearly 0.60 acres across two separate tracts with exceptional development potential. The charming 1936 home anchors the improved parcel with original hardwood floors and distinctive tongue-and-groove ceilings, offering two generous bedrooms and two bathrooms within 1,040 square feet of character-filled living space. The unimproved adjacent tract provides immediate flexibility for discerning owners seeking to enhance their private compound with an ADU, pool, or recreational facilities.

With 155 feet of combined frontage and current SF-3 zoning across both tracts, this Nowotny Lane holding invites multiple development scenarios. The property's generous 29,185-square-foot lot size is exceptional for Central East Austin, creating a serene retreat despite its proximity to the city's vibrant neighborhoods. Whether maintained as a private compound, developed with complementary structures, or repositioned for future multi-unit development with potential re-platting and rezoning opportunities, this property delivers substantial long-term value at $913 per square foot.

Vox Residential Insight

Vox Residential recognizes that assemblage plays like this rarely surface in Central East Austin, and the combination of existing character, spacious grounds, and clear development flexibility makes 712 Nowotny Lane compelling for both lifestyle buyers and strategic investors. The property's 40-day market time reflects its niche appeal, but we see significant opportunity for the right buyer who understands Central East Austin's evolving landscape and zoning trajectory.

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: July 16, 2026

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