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.
Property Type(s):
Single Family
|
Last Updated
|
6/9/2026
|
Tract
|
Fredericksburg Road Acres
|
|
Year Built
|
1952
|
Community
|
Fredericksburg Road Acres
|
|
County
|
Travis
|
SCHOOLS
| Elementary School |
Zilker |
| Jr. High School |
O Henry |
| High School |
Austin |
Additional Details
| AIR |
Ceiling Fan(s), Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Range, Refrigerator, Stainless Steel Appliance(s), Water Heater |
| AREA |
6 |
| CONSTRUCTION |
HardiPlank Type |
| EXTERIOR |
Private Yard |
| HEAT |
Central |
| INTERIOR |
Ceiling Fan(s), Master Downstairs, Recessed Lighting |
| LOT |
0.47 acre(s) |
| LOT DESCRIPTION |
Interior Lot, Many Trees, Near Public Transit |
| LOT DIMENSIONS |
56X335 |
| PARKING |
Driveway |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
1 |
| SUBDIVISION |
Fredericksburg Road Acres |
| TAXES |
21199.31 |
| UTILITIES |
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City, Creek/Stream |
| WATER |
Public |
Location
Property listed by Britney Puryear, Compass RE Texas, LLC
Based on information from the Austin Board of REALTORS ® (alternatively, from ACTRIS) for the period through 6/9/26 10:10 AM PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
This IDX solution is (c) Diverse Solutions 2026.
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