$1,550,000

Property Overview

This 1961 Raleigh Avenue home sits on one of Tarrytown's most distinctive lots—a sprawling 12,375-square-foot parcel anchored by a striking limestone bluff that creates natural privacy and architectural intrigue. Steps from Lake Austin's waterfront dining scene including Mozart's and Quince, plus the leash-free dog park, the property places you at the center of Austin's most coveted village-like neighborhood. The three-bedroom, two-bath residence spans 1,886 square feet and offers genuine potential as either a personalized primary residence or a development opportunity, given the lot's exceptional size and topography.

Tarrytown's tree-lined streets and prestigious homes command premium pricing—this property sits 30 percent above area median—reflecting both its rare acreage and proximity to top-rated Austin ISD schools, including the recently renovated Casis Elementary. The convenient west-of-Exposition location provides seamless MoPac access for those commuting beyond the neighborhood's peaceful confines. Whether you envision enhancing the existing structure or exploring the limestone bluff's architectural potential, the lot's natural features and central Austin positioning make this a compelling canvas for discerning buyers seeking substance over the typical Tarrytown offering.

Vox Residential Insight

The Vox Residential team recognizes that Raleigh Avenue's unusual lot size and limestone features represent genuine scarcity in a neighborhood where large parcels rarely surface—this is as much about land value and future possibility as it is about the current residence. Buyers seeking either immediate enjoyment of Tarrytown's lifestyle or longer-term development upside will find this property's combination of waterfront proximity, schools, and topographical character difficult to replicate elsewhere in the area.

Agent Description

Tucked into the heart of Tarrytown—often described as Austin’s own “small village”—this exceptional 3-bedroom, 2-bath property offers a rare blend of charm, updates, location, and opportunity. Just blocks from Lake Austin, you’re moments from iconic waterfront dining destinations including Mozart’s, Quince, and Hula Hut, all with sweeping lake views. Outdoor amenities abound with close proximity to Muny Golf Course and a leash-free waterfront dog park less than a mile away. Set on an unusually large interior lot, the property features a striking limestone bluff that provides natural privacy and a unique opportunity to incorporate into future architectural or landscape design. Whether you choose to move in and personalize the existing home or explore the site’s development potential, the possibilities are exceptional. Zoned to highly acclaimed Austin ISD schools, including the recently renovated Casis Elementary, and ideally located west of Exposition with easy access to MoPac, the home offers convenience without the highway noise. Just minutes from UT, Downtown Austin, Seton and Heart Hospitals, Lady Bird Lake, the Hike-and-Bike Trail, and premier grocery and retail destinations. Tarrytown’s beloved neighborhood amenities include a library, pharmacy, dry cleaners, fitness studios, banks, and more. A rare opportunity to move in or renovate/reimagine, or build new in one of Austin’s most coveted neighborhoods.

Neighborhood: Tarrytown

This property is located in Tarrytown, Austin, TX. The area is known for Lake Austin Access, Top-Rated Schools, Tree-Lined Streets, Prestigious Homes, Central Location.

At $822/sqft, this listing is priced 34% above the Tarrytown median of $613/sqft.

Property Details

Listing data last updated: May 19, 2026

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