$275,000

Property Overview

This 1930s cottage on Perez Street sits on a spacious 6,821-square-foot lot in Central East Austin, presenting a rare development canvas just minutes from downtown. The single bedroom and bath structure represents significant land value in a neighborhood experiencing strong appreciation and revitalization. With no major trees constraining the building footprint and mature landscaping framing the perimeter, the property welcomes creative possibilities—whether through thoughtful renovation of the existing cottage or new construction that maximizes the generous lot size.

The location offers immediate proximity to Austin's urban core while maintaining the character and community that define East Austin. Current pricing reflects the land's potential rather than the modest existing structure, positioning this as an investment opportunity for builders, developers, and visionary homeowners. The clear development potential, combined with the neighborhood's trajectory and walkability to downtown amenities, makes this Perez Street parcel compelling for those seeking to build equity in Austin's evolving landscape.

Vox Residential Insight

At Vox Residential, we recognize this as a rare offering where land value significantly outpaces structure value in one of Austin's hottest development corridors. The combination of lot size, location, and zoning flexibility creates genuine wealth-building potential for the right investor or builder.

Agent Description

Amazing investment opportunity in Central East Austin! This level lot near downtown is prime for development. Tear-down and build new construction or renovate and add on to this historic cottage. No large trees in the building area, but there are gorgeous perimeter trees for a stunning finished yard. A prime chance to create, invest, and capture value in one of Austin’s most desirable areas!

Property Details

Listing data last updated: July 16, 2026

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