Rare 22 unit residential development parcel in explosive Springdale / 51st corridor. Truly transformational growth, 100s of new units within blocks of the subject parcel, arguably the hottest location in Austin. Sits on some of the highest ground in all of East Austin, homesites will have stunning views of adjacent Little Walnut Creek Park and possibly even downtown. Strategic location within minutes of Tesla, Amazon, Oracle - all 15 mins or less - downtown, UT, Central East Austin, and even ABIA and the north tech hub are only a short drive via newly improved Hwy 183. Recently rezoned to GR-MU, allowing for 22 residential units with minimal CCRs. Sites allowing for a project this scale have become scarce at best. Truly a keystone acquisition for a developer looking to leverage all the powerful assets convergent conditions of this unique urban site.
Vacant landProperty Type
1.29 acresLot Size
$1,461,196Price/Acres
Listed by David Mosrie• Texas Ally Real Estate Group
Bought with Reinae Kessler• Austin Home Girls Realty
*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
Permits
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1.28 Acres
Year renovated
—
Sq. Ft.
1,646
Year built
1958
Style
Single Family Residential
County
Travis County
APN
215200
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 11, 2026.
GR
Community Commercial District
Community commercial (GR) district is the designation for an office or other commercial use that serves neighborhood and community needs and that generally is accessible from major traffic ways.
Permitted uses
Include but are not limited to:
Gas station
Day care facility
General retail
Restaurant
Housing-Senior
Hotel / motel
Office
Medical office
Fire house
Police station
Mar 22, 1996 • Final
Building
Construct a new detached four-car garage.
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Exterior
Exterior Features
Exterior Features: None
Lot Information
Lot Size Area: 1.29
Lot Size Acres: 1.29
Lot Features: Moderate Trees, Trees Small Size
Zoning: GR-MU
Property Information
Tear Down / Value in Land
Financial
Assessments and Fees
Assessed Value: $490,914
Tax Information
Annual Tax Amount: $2,093
Tax Year: 2021
Utilities
Utility Information
Utilities: Electricity Available, Sewer Available, Water Available
Sewer: Public Sewer
Water Source: Public
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,646
Stories: 1.0
Lot Size: 1.28 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: —
County: Travis County
APN: 215200
Home facts updated by county records on Jun 11, 2026
Around this home
Schools
Places
Transit
Pecan Springs Elementary School
Public PreK-5 • Assigned • 0.2mi
1/10
Northeast Early College High School
Public 9-12 • Assigned • 1.9mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
East Austin remains one of the city's most sought after areas because buyers want to be close to downtown while enjoying the local restaurants, coffee shops, breweries, and creative energy. For many, the lifestyle justifies paying a premium over...