$722,000

Property Overview

This cleared 6,403-square-foot lot on East 2nd Street in Austin's Holly neighborhood presents a rare blank canvas in one of the city's most dynamic cultural destinations. The flat, buildable parcel sits perfectly positioned to capture potential downtown views from future upper stories while remaining set back from the street's main thoroughfare, offering both privacy and proximity to East Austin's thriving creative community. With surveys available and dual parking spaces already in place, the foundation for a custom home or new construction investment is ready.

The East Austin location delivers unmatched lifestyle access within minutes. Residents enjoy morning coffee runs to Flat Track Coffee, afternoon walks along the Lady Bird Lake Hike-and-Bike Trail, and evening explorations of acclaimed spots like Suerte, Casa Bianca, and the neighborhood's celebrated brewery and cocktail scene. Downtown Austin, Rainey Street, and Waller Creek Greenbelt sit within easy reach, while essential amenities including Whole Foods Market, Chalmers, and Mr. Natural anchor daily convenience around the property.

This investment opportunity reflects the ongoing transformation of East Austin, where historic charm meets modern development. The location within the Austin ISD boundary and near quality schools adds long-term value appeal for owner-occupants and investors alike.

Vox Real Estate Insight

The Vox Real Estate team recognizes this East 2nd Street lot as a strategic opportunity in Holly, where the combination of buildable land, neighborhood momentum, and proximity to Austin's cultural epicenter creates compelling value for developers and visionary homeowners. At 254 percent above the area median price per square foot, this premium reflects not the structure itself but the scarcity of developable land in one of Austin's most sought-after urban neighborhoods.

Agent Description

Create something extraordinary in the heart of East Austin. Located in the sought-after Holly neighborhood, this flat, cleared, buildable lot offers a rare opportunity for a custom home with unbeatable views, new construction project or investment property in one of Austin’s most vibrant urban communities. Highlights of this opportunity include approved alley access, ability to develop up to 4350 sf with 3-units or 3200 sf with 2-units under HOME ordinance, minimal protected tree encroachment, and not deed restricted. Surveys are available, 2-unit permitted plans with 3-unit designs available, and downtown Austin views may be enjoyed from a future second or third story—see photos. Imagine mornings fueled by coffee at Flat Track, afternoons along the Lady Bird Lake Hike-and-Bike Trail and evenings exploring the acclaimed restaurants, cocktail bars and creative spaces that define the East Side. Whole Foods Market, Chalmers, Mr. Natural, JuiceLand, Heywood Hotel, Casa Bianca and Suerte are all nearby, while Downtown Austin, the Rainey Street District and Waller Creek Greenbelt are easily accessible. Set on a quieter stretch of the street, the property offers a welcome sense of separation without giving up the energy and convenience of central Austin living. Whether you envision a modern architectural statement, a warm contemporary retreat or your quintessential Austin home, this vacant residential lot provides a compelling canvas in an established, highly desirable location. Opportunities to purchase a cleared lot this close to downtown are increasingly rare. Bring your architect, builder and vision—and create a home that puts the best of East Austin just beyond your doorstep. Buyer to independently verify zoning, development requirements, utilities, building plans and view potential with the City of Austin and appropriate professionals.

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 $1761/sqft, this listing is priced 268% above the East Austin median of $478/sqft.

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