$275,000

Property Overview

This East Austin gem on E 2nd St presents a rare development opportunity in one of Austin's most dynamic neighborhoods. Situated on a nearly half-acre lot with downtown views and just 780 square feet of existing structure, the property offers a blank canvas for reimagining residential space in a location where urban lifestyle meets creative possibility. At $353 per square foot—28 percent below the area median—this represents exceptional value in a district increasingly defined by thriving restaurants, breweries, and the vibrant cultural scene that draws people from across Austin.

The location unlocks immediate access to everything East Austin has become known for. Lady Bird Lake, Secret Beach, and Longhorn Dam sit minutes away for outdoor recreation, while the neighborhood's restaurant and brewery renaissance unfolds on nearby streets. The two existing parking spaces accommodate modern living needs, and Austin ISD schools serve the area. With utilities already in place and no HOA restrictions, this property appeals to those envisioning a custom residence that captures both the neighborhood's authentic character and the convenience of urban proximity.

Vox Real Estate Insight

At Vox Real Estate, we recognize this as precisely the kind of development opportunity that defines East Austin's evolution—a substantial lot with development potential in a neighborhood where land scarcity makes each opportunity noteworthy. The price positioning and square footage suggest this property attracts builders and visionaries more than traditional homebuyers, making it a strategic acquisition in one of the city's most sought-after corridors.

Agent Description

City Of Austin should permit approximately 35ft height building or subdivide into two lots and build two separate units. Ask for permission to, make two driveways by adding an entrance on 2nd. Discover an unparalleled opportunity to craft your bespoke urban oasis in the heart of Austin, where location truly is paramount. This property offers a blank canvas for architectural dreams, with the potential to build a magnificent two or three-story residence featuring breathtaking downtown views. Imagine a lifestyle where every amenity is within easy reach, fostering a vibrant and engaging daily experience. The surrounding neighborhood provides an exceptional blend of recreation and entertainment. Enjoy leisurely strolls or invigorating bike rides to iconic Lady Bird Lake, explore the serene Secret Beach, or visit the historic Longhorn Dam. Embrace the vibrant local culture with easy access to breweries, country dancing venues, and an array of culinary delights, including famous bass fishing spots, kayaking, and late-night taco trucks. The convenience of walking to local bars eliminates the need for driving, allowing for spontaneous enjoyment. This single-story home, spanning 780 square feet with one full bathroom, sits on a generous 0.1-acre lot. The classic siding and welcoming porch offer a promising foundation for a stunning renovation. Although the property requires significant revitalization following a major fire and currently has trash on site, it presents an extraordinary chance to create a personalized haven. The rooftop terrace, envisioned with an infinity pool and an outdoor kitchen, could become an idyllic retreat for relaxation and entertainment, all while providing captivating city views. This unique offering is perfect for those seeking to immerse themselves in Austin's dynamic lifestyle.

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 $353/sqft, this listing is priced 26% below the East Austin median of $478/sqft.

Property Details

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Parking

Community & HOA

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