$8,000,000

Property Overview

A rare assemblage opportunity in East Austin's most dynamic neighborhood, 902 Taylor Street presents a 1930 bungalow on a substantial corner lot in the heart of Rainey Street District. This three-bedroom, two-bath residence captures downtown skyline views and sits steps from Lady Bird Lake, the district's celebrated bar scene, and Austin's most vibrant urban core. The 2,489-square-foot home features original character with a front porch, central heating and cooling, and mature trees anchoring the 6,037-square-foot lot that faces south for optimal light.

What distinguishes this Taylor Street property is its strategic positioning as part of a contiguous assemblage with 904 Taylor Street, creating a significant development canvas in one of Austin's most sought neighborhoods. Under SF-3-NP zoning, the combined parcels offer compelling redevelopment potential while maintaining access to Rainey Street's walkable restaurant and entertainment landscape, just minutes from downtown employment and Lady Bird Lake recreation. Three off-street parking spaces and no HOA restrictions provide additional flexibility for an investor or developer evaluating Austin TX's east-side renaissance.

Vox Real Estate Insight

At $3,214 per square foot, this listing reflects the premium attached to Rainey Street District's location and development potential, positioning it strategically for buyers recognizing East Austin's transformation. The Vox Real Estate team sees this assemblage as a sophisticated play on Austin's continued urban density, particularly for investors comfortable with the regulatory process for larger redevelopment projects in this established neighborhood.

Agent Description

PRIME EAST AUSTIN REAL ESTATE OPPORTUNITY! Discover an exceptional opportunity to acquire two neighboring properties at 902 & 904 Taylor Street in the heart of East Austin. Situated in one of Austin’s established and highly desirable urban neighborhoods, these properties offer an opportunity for investors, builders, and developers seeking a strategic location near Downtown Austin. Located in the vibrant East Austin area, the properties offer convenient access to restaurants, entertainment, shopping, and major employment centers. With SF-3-NP zoning, the properties present potential opportunities for renovation, investment, or redevelopment, subject to City of Austin regulations and approvals. Whether you’re looking to expand your real estate portfolio, explore redevelopment possibilities, or invest in Austin’s urban core, this is an opportunity worth exploring. Two neighboring East Austin properties. One exceptional investment opportunity. Buyers to independently verify zoning, development potential, lot dimensions, permitted uses, and all property information.

Neighborhood: Rainey Street District

This property is located in Rainey Street District, Austin, TX. The area is known for Historic Bungalow Bars, Lady Bird Lake Access, Luxury High-Rises, Skyline Views, Vibrant Nightlife.

At $3214/sqft, this listing is priced 322% above the Rainey Street District median of $761/sqft.

Property Details

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