This is a true UNICORN, a rare development opportunity in the heart of south Austin! Nestled in one of Austin’s most sought-after neighborhoods, this exceptional 2.98-acre two-lot tract offers a once-in-a-generation opportunity to create something truly special. Held in the same family since 1940, the property is now ready for its next chapter. With SF-3 zoning in place—and potential for rezoning to SF-6—this land is primed for a thoughtful infill development. A full suite of studies has already been completed, including a boundary, tree, and topographic survey, along with a detailed feasibility report that outlines how up to 24 detached 2,300-square-foot residences with 2-car garages could be built—while preserving 31 Protected and Heritage trees, in compliance with City of Austin guidelines. This is more than a development site; it’s a rare canvas for building a new community in vibrant South Austin, where opportunities of this scale and character are increasingly hard to find.
Single-familyProperty Type
1946Year Built
2.98 acresLot Size
$1,880Est. Price/Sq.Ft.
6 car garageParking
Listed by Julie Gualandri• KW-Austin Portfolio Real Estate
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
80 ft.
Lot depth
150 ft.
Lot size
0.72 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Travis County
APN
553171
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 11, 2026.
SF-3
Family Residence District
Family residence (SF-3) district is the designation for a moderate density single-family residential use and a duplex use on a lot that is a minimum of 5,750 sq ft. An SF-3 district designation may be applied to a use in an existing single-family neighborhood with moderate sized lots or to new development of family housing on lots that are 5,750 sq ft or more. A duplex use that is designated as an SF-3 district is subject to development standards that maintain single-family neighborhood characteristics.
Permitted uses
Include but are not limited to:
Agriculture-Other
Assembly/ meeting place
Garden center
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Educational/school
Communications tower
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 6
Parking
Features: Driveway, Detached, Garage
# of Parking (Total): 12
# of Covered Spaces: 6
Interior
Virtual Tour
Bedroom Information
# of Main Level Bedrooms: 2
Bathroom Information
# of Full Bathrooms: 2
Fireplace Information
Has Fireplace
# of Fireplaces: 1
Equipment
Appliances: Free-Standing Gas Range
Interior Features
Flooring: Tile, Wood
Other Features: Multiple Living Areas, Stone Counters
Exterior
Building Information
Stories: 2
Year Built Source: Owner
Roof Details: Composition
Construction Details: Stone, Wood Siding
Exterior Features
Exterior Features: Private Yard
Patio And Porch Features: Deck, Front Porch
Other Structures: Garage(s)
Fencing: Chain Link
Lot Information
Lot Size Area: 2.98
Lot Size Acres: 2.98
Lot Features: Corner Lot
Property Information
Has View
Direction Faces: Southwest
Foundation Details: Pillar/Post/Pier
Resale
Financial
Assessments and Fees
Assessed Value: $1,969,578
Tax Information
Tax Year: 2025
Utilities
Utility Information
Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Cooling
Cooling: Electric
Has Heating
Heating: Central
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.72 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Travis County
APN: 553171
Home facts updated by county records on Jun 11, 2026
Around this home
Schools
Zilker Elementary School
Public PreK-5 • Assigned • 0.9mi
9/10
O Henry Middle School
Public 6-8 • Assigned • 3.2mi
6/10
Austin High School
Public 9-12 • Assigned • 2.4mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Many buyers want to stay close to downtown without paying 78704 prices. Neighborhoods like 78745, 78748, and 78749 continue to attract buyers looking for parks, local restaurants, mature trees and a shorter commute while still getting more house for...