$640,000

Property Overview

Situated on Tillery Street in the vibrant 78702 zip code, 506 Tillery St presents a distinctive value opportunity in one of East Austin's most sought-after neighborhoods. This 1,878-square-foot home sits on a generous 6,751-square-foot lot, offering flexibility for renovation, personalization, or expansion while priced at $341 per square foot—31 percent below the area median. The three-bedroom, three-bath layout provides immediate livability, while the substantial lot size creates genuine development potential in a location that continues to attract investment and cultural momentum.

East Austin's transformation has positioned this neighborhood as a destination unto itself, where top-tier restaurants, breweries, and galleries cluster alongside historic character homes and thoughtfully designed new construction. From Tillery Street, residents enjoy quick access to Lady Bird Lake's outdoor recreation, downtown employment centers, and the thriving dining corridor that defines the area's identity. The 78702 zip code's consistent desirability stems from its rare combination of central Austin convenience, cultural authenticity, and long-term neighborhood infrastructure investment.

Vox Residential Insight

At Vox Residential, we recognize that this property's appeal extends beyond square footage—the lot size and location in 78702 represent genuine equity potential during a period of continued East Austin development. For investors or owner-occupants willing to see the property's trajectory rather than just its current condition, this represents a strategically positioned entry point in a neighborhood with sustained appreciation drivers.

Agent Description

Positioned in the heart of East Austin, 506 Tillery St offers a rare opportunity to own in the highly desirable 78702 zip code, one of Austin’s most established and consistently sought after neighborhoods. Located just minutes from Downtown Austin, Lady Bird Lake, and the East Austin dining and nightlife corridor, desire for this area is driven by proximity to employment centers, outdoor recreation, and cultural hubs. The property features a 3-bedroom, 2.5-bath layout and has potential for investors, builders, or buyers looking to renovate and personalize a home in a premier central Austin location. Homes in 78702 benefit from long term neighborhood investment, walkable access to local restaurants and coffee shops, and quick connectivity to major roadways serving downtown, the airport, and surrounding East Austin destinations. Whether approached as renovation project, or a personal residence improvement, this property’s value is rooted in its location within one of Austin’s most recognizable and in demand zip codes.

Neighborhood: East Austin

This property is located in East Austin, Austin, TX. The area is known for Thriving Arts Scene, Top Restaurants & Breweries, Historic Homes, Modern New Construction, Cultural Diversity.

At $341/sqft, this listing is priced 33% below the East Austin median of $506/sqft.

Property Details

Listing data last updated: July 16, 2026

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