$795,000

Property Overview

This Barton Hills property on Thornton Road presents a rare opportunity with two residences on nearly half an acre, positioned perfectly between downtown Austin and the natural amenities that define the 78704 zip code. The expansive 20,473 square foot lot is zoned SF-3 and situated steps from Barton Creek Greenbelt, swimming holes, and Zilker Park access, offering both privacy and proximity to Austin's most coveted outdoor spaces. The mature trees and secluded setting create an oasis while remaining minutes from South Lamar dining and entertainment hotspots like Loro and The ABGB.

With two income-producing residences currently in place, this property appeals to investors seeking cash flow or owner-occupants wanting multi-generational living. The dual-structure setup provides flexibility for renovation, refinancing, or future development as the surrounding neighborhood experiences new construction. At $795,000, the pricing sits 16 percent below area median per square foot, making this an uncommon value play in one of Austin's most established neighborhoods with direct access to the Hill Country views and nature trails that make South Austin desirable.

Vox Residential Insight

What makes Thornton Road in Barton Hills exceptional is the scarcity of larger, developable lots combined with existing cash-flowing units—this parcel offers investors the rare combination of immediate income and long-term appreciation potential. From Vox Residential's perspective, the SF-3 zoning and location between Zilker Park and the emerging South Lamar corridor position this property ahead of typical single-family listings in terms of strategic options.

Agent Description

TWO RESIDENCES ON ONE LOT: Nestled in the heart of sought-after 78704, this unique property offers an exceptional opportunity just minutes from downtown Austin on an expansive nearly half-acre lot (.47 acres / 20,473 sqft) zoned SF-3. TWO RESIDENCES ON ONE LOT situated just off Oltorf and moments from South Lamar and South 1st, the property combines privacy, mature trees, and an unbeatable central location. Austin favorites like Loro and The ABGB are just a short walk away, along with great coffee shops, shopping, and entertainment. Whether you’re looking to live in the heart of it all, invest in an income-producing property with tenants in place, renovate or build, the oversized lot and prime location create endless potential. The property includes two residences, making it ideal for a variety of opportunities—from a buy-and-hold investment to future redevelopment. Surrounded by new construction, the area continues to attract both renters and homeowners alike. The original structure, built in 1952 and renovated in 2003, is a charming 2-bedroom, 1-bath home offering 780 sqft, covered porches, and a fenced front yard. The second structure, built in 2007, is also a 2-bedroom, 1-bath residence with approximately 900 sqft, featuring abundant natural light, hardwood flooring, and inviting indoor-outdoor living spaces. Both homes include in-unit laundry and dedicated parking. Don’t miss this rare opportunity to own a substantial piece of land in one of Austin’s most established and desirable urban neighborhoods, offering incredible flexibility, strong investment potential, and long-term value. All information provided is deemed reliable but not guaranteed, is subject to change and should be verified independently by buyer and buyer's agent.

Neighborhood: Barton Hills

This property is located in Barton Hills, Austin, TX. The area is known for Barton Creek Greenbelt, Swimming Holes, Zilker Park Access, Hill Country Views, Nature Trails.

At $473/sqft, this listing is priced 16% below the Barton Hills median of $563/sqft.

Property Details

Listing data last updated: July 16, 2026

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