$300,000

Property Overview

This generously sized 0.23-acre lot on Berene Ave presents a rare canvas for strategic development in East Austin's rapidly evolving landscape. The existing 1971 single-family home sits on an SF-3 zoned parcel offering multiple pathways to maximize returns—whether through new construction of up to three units, a custom home build, or renovation paired with an accessory dwelling unit under a condo regime. At $313 per square foot, the property's value lies squarely in its development potential rather than the current 960-square-foot structure.

Location here strikes an exceptional balance. Minutes from I-35 and Highway 183 for commuting ease, Berene Ave residents enjoy proximity to UT, downtown, and Mueller while remaining embedded in East Austin's authentic neighborhood character. The surrounding area pulses with local culture—Palomino Coffee for morning rituals, Morris Williams Golf Course nearby, and the emerging craft scene at Southern Heights Brewing and Springdale General all within reach.

This East Austin opportunity arrives at a pivotal moment when the neighborhood is attracting serious investment and development interest, making this SF-3 lot particularly compelling for builders and investors positioning themselves ahead of continued growth along the MLK corridor.

Vox Residential Insight

At Vox Residential, we recognize this Berene Ave property as the kind of multi-use development site that defines East Austin's investment appeal right now—the lot size, zoning flexibility, and accessibility to major thoroughfares create genuine upside for the right buyer. The eight-day listing timeline reflects the current market momentum in this submarket, where SF-3 inventory with this kind of development runway moves quickly.

Agent Description

Opportunity is knocking—and it’s bringing options. Set on a sprawling 0.23-acre SF-3 lot in one of East MLK’s most exciting pockets, this property offers incredible flexibility for investors, builders, or anyone looking to create something special. Tear down and build up to three units, design a custom single-family showpiece, or renovate the existing home and add an ADU to maximize value with a condo regime—this is the kind of canvas that doesn’t come around often. Tucked away yet right in the middle of it all, you’re just minutes from major corridors like 183 and I-35, plus easy access to UT, Downtown Austin, and Mueller. Spend your mornings grabbing coffee at Palomino Coffee, afternoons teeing off at Morris Williams Golf Course, and evenings enjoying local favorites like Southern Heights Brewing or the vibrant scene at Springdale General. With nearby trails, parks, and hotspots, this location delivers both lifestyle and long-term upside. Surrounded by a blend of classic Austin homes and thoughtful new development, the area continues to see strong demand fueled by convenience, walkability, and undeniable charm. Whether you're building, holding, or reimagining, this is an investment that actually makes sense. Property is being sold as-is. Buyer to verify all information and conduct any inspections deemed necessary.

Property Details

Listing data last updated: May 19, 2026

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