Property Overview

Positioned in the heart of East Austin's 78702 zip code, 506 Tillery Street offers exceptional value in one of Austin's most established and culturally vibrant neighborhoods. This three-bedroom, three-bath home sits on a spacious 6,751-square-foot lot, providing flexibility for investors, builders, or homeowners seeking to renovate and personalize their space. At $359 per square foot, the property is priced 31 percent below the area median, presenting a compelling opportunity in a location that commands premium pricing for its proximity to Downtown Austin, Lady Bird Lake, and the East Austin dining and entertainment corridor.

The East Austin neighborhood thrives with an authentic arts scene, top-tier restaurants and breweries, and a dynamic mix of historic homes alongside modern new construction that reflects the area's rapid evolution. Just minutes from employment centers, outdoor recreation, and cultural destinations, this location offers the connectivity and walkability that define desirable central Austin living. Whether as a renovation project or personal residence improvement, 506 Tillery Street's value is fundamentally rooted in its location within one of Austin's most recognized and sought-after neighborhoods, where long-term investment and neighborhood development continue to strengthen the community's appeal and stability.

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 $359/sqft, this listing is priced 31% below the East Austin median of $519/sqft.

Property Details

Listing data last updated: March 25, 2026

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